Compliance Auditor

3 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia مفيد | MUFEED Full time

Mufeed is a leading group of companies committed to delivering high-quality services in the GCC region. Our team is dedicated to contributing effectively to the country's economic growth.

We aim to make fragrances accessible to everyone, enhancing their beauty and quality of life. Our team consists of experienced professionals who possess extensive knowledge in their respective sectors, and we only use authentic materials in crafting our fragrances.

We at Mufeed are driven by innovation and a passion for excellence, providing exceptional customer service and high-quality products. Our company is built on strong values of customer satisfaction, value for money, and unmatched quality.

The success of our organization depends on the commitment and efforts of each employee to provide an exceptional level of service to our customers in terms of quality and timeliness.

We have received recognition for Best Workplace for Women in GCC and Best Place to Work in KSA.

Key Responsibilities
  • Develop and maintain internal audit policies and procedures in accordance with local and international best practices.
  • Perform risk management and control over operations' effectiveness, financial reliability, and compliance with applicable directives and regulations.
  • Review financial statements and supporting documentation.
  • Control financial transactions and review reports.
  • Plan and execute audit engagements, including data analysis and testing.
  • Evaluate internal control systems and ensure adherence to applicable Saudi & GCC laws.
  • Perform risk assessments and internal control evaluations and detect discrepancies.
  • Identify and investigate potentially fraudulent activities or financial irregularities.
  • Prepare and present audit reports to stakeholders and shareholders.
  • Monitor the implementation of audit recommendations and execute remedial actions.
  • Stay updated with the latest industry regulations and best practices in internal auditing.
  • Conduct special assignments on some financial and operational activities to detect inefficient controls and recommend regulatory systems development.
  • Prepare and review working papers in accordance with internal auditing standards.
  • Examine accounting records to ensure regularity, correctness, and soundness of accounting guidance and compliance with international accounting policies.
  • Ability to work with large amounts of data and compile detailed reports.
  • Ensure complete, accurate, and timely audit information is reported to Management.
  • Supervise planned annual audits.

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