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Internal Audit Director

2 months ago

Riyadh, Ar Riyāḑ, Saudi Arabia Saudi Agricultural and Livestock Investment Co Full time
Job Description

**Key Responsibilities:**

  • **Strategic Advisory**: Collaborate with the Internal Audit team to revamp audit strategies and processes, and undertake various assignments to enhance the team's position and benefit all stakeholders.
  • **Risk Assessment**: Develop and maintain a risk assessment framework aligned with Enterprise Risk Management (ERM) and guidelines from the Committee of Sponsoring Organizations of the Treadway Commission (COSO). This framework will help identify and manage the spectrum of risks faced by Saudi Agricultural and Livestock Investment Co. and its affiliates, ensuring the achievement of its objectives.
  • **Benchmarking and Best Practices**: Provide value-added services to the Internal Audit team by conducting benchmarking exercises with international organizations to compare best business practices.
  • **Policy Formulation and Maintenance**: Develop and maintain Internal Audit policies and standards, ensuring that IA staff are updated on professional developments, best practices, regulatory matters, and emerging issues and opportunities.
  • **Risk Management Compliance**: Ensure compliance with the SALIC Risk Management Standard, particularly with regards to owning, monitoring, reporting, and implementing actions on assigned risks, and updating risks as required.

**Key Performance Indicators**: The successful candidate will be responsible for delivering high-quality results in these areas, ensuring the effective management of risks and the achievement of business objectives.