Director - Operational Audit

1 day ago


Riyadh, Ar Riyāḑ, Saudi Arabia King Salman International Airport Development Company Full time

The Director of Operational Audit will be responsible for leading and managing the operational audit functions across the organization. This senior leadership role involves evaluating the efficiency, effectiveness, and compliance of business operations while ensuring that internal controls and processes align with industry standards and regulations. The Director of Operational Audit will also collaborate with senior management to drive continuous improvements and optimize operational performance.

Key Responsibilities:

Audit Strategy and Planning:

  • Develop and execute the operational audit strategy, ensuring alignment with organizational objectives and risk management priorities.
  • Create annual audit plans focused on evaluating the efficiency, effectiveness, and compliance of operational activities.
  • Prioritize audit areas based on risk assessments, operational needs, and regulatory requirements.

Leadership and Team Management:

  • Lead, mentor, and manage a team of auditors, ensuring high performance and professional development.
  • Oversee the successful execution of audit projects, ensuring they are completed on time, within scope, and within budget.
  • Promote a culture of continuous learning and knowledge sharing within the audit team.

Risk and Control Evaluation:

  • Identify and assess operational risks across departments and functions.
  • Evaluate the adequacy of internal controls and processes to mitigate operational risks and enhance business efficiency.
  • Conduct audits to ensure the organization's operations are aligned with industry best practices and regulatory compliance.

Operational Efficiency and Process Improvement:

  • Analyze business processes and workflows to identify inefficiencies and opportunities for improvement.
  • Provide actionable recommendations for operational improvements, cost reductions, and enhanced performance.
  • Collaborate with departments to implement corrective actions and monitor progress.

Compliance and Governance:

  • Ensure compliance with laws, regulations, and internal policies affecting operational activities.
  • Stay current with industry trends, audit standards, and changes in regulatory requirements.
  • Advise senior management on emerging risks and potential regulatory changes.

Reporting and Stakeholder Communication:

  • Prepare and present detailed audit reports to senior management and other stakeholders.
  • Clearly communicate audit findings, risks, and recommendations to both technical and non-technical audiences.
  • Follow up on the implementation of audit recommendations and report on progress.

Continuous Monitoring and Auditing:

  • Conduct ongoing monitoring of key operational controls and processes to ensure sustained efficiency and compliance.
  • Update audit plans as necessary to address emerging risks and changes in operational dynamics.

Qualifications and Experience:

  • Bachelor's or Master's degree in Business, Accounting, Finance, or related field.
  • Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or other relevant certifications are preferred.
  • Minimum of 8 years of experience in internal auditing, operational audit, or a related field and of 4 years in a leadership role managing audit teams and projects.
  • Strong knowledge of audit methodologies, internal control frameworks, and risk management principles.
  • Exceptional leadership, team-building, and mentoring abilities.
  • Advanced analytical skills with the ability to identify operational risks and inefficiencies.
  • Excellent communication skills, with the ability to influence and collaborate with senior management.
  • Proficiency in audit tools, data analysis software, and enterprise resource planning (ERP) systems.
Seniority level
  • Director
Employment type
  • Full-time
Job function
  • Accounting/Auditing, Finance, and Other
Industries
  • Airlines and Aviation
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