Executive Director- Corporate Audit

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Qiddiya Investment Company Full time $150,000 - $200,000 per year

Qiddiya Investment Company is seeking an accomplished and strategic leader to take on the position of Executive Director - Corporate Audit. This executive role is critical in enhancing the company's governance, risk management, and internal control processes. The ideal candidate will possess vast experience in corporate audit functions and will lead the development and execution of the corporate audit strategy, ensuring compliance with internal policies and regulatory requirements.

The Executive Director will oversee the audit team, driving a culture of accountability and continuous improvement while providing insights that support the organization's strategic objectives. This position is integral to safeguarding the integrity of financial reporting and operations within the company.

Key Responsibilities:
  • Lead the Corporate Audit department, defining the vision, strategy, and operational framework for effective auditing processes across the organization.
  • Develop, implement, and maintain a comprehensive internal audit plan based on risk assessments, aligning audit activities with the company's strategic goals.
  • Direct and inspire a high-performing team of auditors, fostering professional development and enhancing the audit skills and competencies of team members.
  • Work closely with senior management and the board of directors to identify risks and provide recommendations for enhancing operational efficiency and effectiveness.
  • Establish and enforce audit policies and procedures, ensuring compliance with legal, regulatory, and corporate guidelines.
  • Deliver clear, concise audit reports to management and the audit committee, outlining findings, recommendations, and action plans to address identified issues.
  • Monitor the progress of all audit recommendations, ensuring timely and effective resolutions of audit issues.
  • Provide ongoing insights and advisory support to business units on internal controls and risk management practices.
  • Stay abreast of industry trends and changes in regulations to fine-tune audit practices and maintain relevance in a dynamic business environment.

Requirements

  • Master's degree in Accounting, Finance, Business Administration, or a related field; professional certifications such as CPA, CIA, or CISA are highly desirable.
  • A minimum of 15 years of progressive experience in auditing, with at least 5 years in a senior leadership role overseeing corporate audit functions.
  • Extensive knowledge of corporate governance, risk management, and internal control frameworks.
  • Exceptional analytical, problem-solving, and critical-thinking abilities.
  • Strong interpersonal and communication skills, capable of presenting complex ideas and findings to diverse audiences effectively.
  • Proficiency in audit software, data analysis tools, and ERP systems.
  • Demonstrated ability to lead and inspire teams, promote a culture of integrity, and drive positive change within a corporate audit environment.

Benefits

Offering a comprehensive compensation and benefits package.

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