Chief Audit Officer
4 days ago
Direct message the job poster from Alpha Leadership Co.
Job Summary:
We are seeking an experienced and highly qualified Chief Audit Officer (CAO) to lead the internal audit function for a large-scale semi-government organization in Riyadh. The ideal candidate will have a strong background in external and internal auditing, risk management, and governance, with at least 18+ years of experience, including tenure with a Big 4 audit firm and large-scale organizations. The CAO will be responsible for developing and implementing an effective audit framework that ensures compliance, enhances operational efficiency, and mitigates risks.
Key Responsibilities:
- Develop and implement a comprehensive internal audit strategy aligned with the organization's objectives and regulatory requirements.
- Lead and oversee all audit activities, including financial, operational, compliance, and IT audits.
- Establish and maintain an effective risk-based audit plan to ensure adequate risk coverage across all functions.
- Ensure compliance with applicable laws, regulations, and internal policies.
- Provide independent assurance to the Board of Directors and Audit Committee regarding governance, risk management, and internal controls.
- Advise senior leadership on key audit findings, potential risks, and recommended corrective actions.
- Foster a culture of transparency, integrity, and continuous improvement within the organization.
- Lead and manage a high-performing audit team, providing strategic direction and professional development.
- Collaborate with external auditors, regulators, and other stakeholders to ensure audit requirements are met.
- Keep abreast of industry best practices, emerging risks, and regulatory changes to continuously enhance audit methodologies and frameworks.
Qualifications & Experience:
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field (Master's degree preferred).
- Professional certifications such as CPA, CA, CIA, or CISA are highly preferred.
- Minimum of 18+ years of experience in internal/external audit, risk management, and governance.
- Strong background with a Big 4 audit firm, with significant experience in large-scale organizations, preferably in the semi-government or government sector.
- In-depth knowledge of IFRS, SOX, risk management frameworks, and internal audit standards.
- Proven leadership and strategic management capabilities.
- Excellent communication, stakeholder management, and decision-making skills.
- Fluency in English is required; proficiency in Arabic is an advantage.
Executive
Employment typeFull-time
Job functionAccounting/Auditing, Finance, and Administrative
IndustriesGovernment Administration and Government Relations Services
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