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Audit Manager
1 month ago
**We’re Hiring: Audit Manager - Riyadh, KSA**
**Role Overview**
The Audit Manager plays a critical role in ensuring the integrity and accuracy of financial and operational processes within the organization. This role involves planning, managing, and executing audit assignments while aligning with regulatory compliance and best practices. As the Audit Manager, you will lead a team of auditors, collaborate with stakeholders, and provide strategic insights to strengthen internal controls and risk management.
**Key Responsibilities**
**Audit Planning and Strategy**
- Develop and execute a comprehensive internal audit plan, ensuring alignment with organizational goals and risk assessment priorities.
- Design audit methodologies, checklists, and tools to enhance audit efficiency and effectiveness.
**Audit Execution and Review**
- Lead, supervise, and perform audits covering financial, operational, and compliance processes.
- Review and evaluate the adequacy and effectiveness of internal controls, identifying areas for improvement.
- Assess the reliability and integrity of financial reporting, ensuring compliance with IFRS, SOCPA, and other local regulations.
**Risk Management**
- Perform risk assessments to identify critical business areas and risks requiring immediate attention.
- Collaborate with the risk management team to design and recommend risk mitigation strategies.
**Regulatory Compliance**
- Ensure compliance with Saudi Arabian regulatory requirements and international auditing standards.
- Monitor changes in legislation and regulations, updating policies and procedures accordingly.
**Team Leadership and Development**
- Supervise and mentor a team of auditors, fostering professional growth and development.
- Assign tasks, provide regular feedback, and conduct performance evaluations to ensure high team performance.
**Reporting and Communication**
- Prepare clear, concise, and actionable audit reports, summarizing findings, risks, and recommendations.
- Present audit findings to senior management and the Audit Committee, facilitating discussions on corrective actions.
- Communicate effectively with stakeholders, building trust and transparency in audit processes.
**Continuous Improvement**
- Develop and implement strategies for improving auditing techniques and tools.
- Keep abreast of industry trends, emerging risks, and technological advancements to enhance audit efficiency.
**Qualifications and Experience**
**Educational Background**
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- Master’s degree or MBA is an advantage.
**Professional Certifications**
- CPA (Certified Public Accountant), CIA (Certified Internal Auditor), ACCA (Association of Chartered Certified Accountants), or equivalent certification required.
- Additional certifications like CISA (Certified Information Systems Auditor) are a plus.
**Skills and Competencies**
- In-depth knowledge of internal audit standards, financial regulations, and risk management frameworks.
- Proficiency in audit software, ERP systems, and data analytics tools.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication, presentation, and interpersonal skills.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
**Key Performance Indicators (KPIs)**
- Timeliness and quality of audit deliverables.
- Effectiveness of risk mitigation strategies implemented.
- Compliance with local and international audit standards.
- Team performance and retention rates.
- Feedback from senior management and stakeholders on audit processes and outcomes.
**Why Join Us?**
- Competitive compensation and benefits.
- Dynamic, multicultural work environment.
- Opportunities for professional growth and career advancement.
- Work with industry-leading experts in a challenging and rewarding role.
Pay: ﷼7,000.00 - ﷼9,000.00 per month
Ability to commute/relocate:
- Riyadh: Reliably commute or planning to relocate before starting work (required)