Confidential Company

Chief Audit Officer

Riyadh, Saudi ArabiaPosted today

Salary
AED 15k–19k a month· est.
Job type
Full time
Level
Executive
Field
Executive & Management
Work mode
On site

About the role

Chief Audit Officer About the Company A leading Saudi group with diversified operations across multiple sectors and business entities. About the Role We are seeking a Chief Audit Officer to lead the Group’s internal audit function and provide the Board and Audit Committee with independent assurance over governance, risk management, and internal controls across all Group entities. The role reports functionally to the Audit Committee. Key Responsibilities • Develop and execute a risk-based annual audit plan covering all Group entities, approved by the Audit Committee. • Lead financial, operational, compliance, and IT audits and deliver clear, actionable reports. • Report audit results, key risks, and remediation status to the Audit Committee and senior management. • Assess the design and effectiveness of internal controls, governance, and risk management frameworks. • Lead fraud risk assessments and investigations of control breaches. • Track corrective actions with management until closure and measure improvement. • Build, develop, and manage the Group internal audit team, including co-sourced or outsourced providers. • Ensure audit practices align with IIA standards and applicable Saudi regulatory requirements. Requirements Must-have • Minimum 15 years of experience in internal audit, including at least 5 years leading an internal audit function. • Professional certification: CIA, CPA, or CA (or equivalent). • Experience reporting directly to an Audit Committee or Board. • Experience auditing a multi-entity group or conglomerate. • Excellent command of Arabic and English.

Requirements

Minimum 15 years of experience in internal audit, including at least 5 years leading an internal audit function. Professional certification: CIA, CPA, or CA (or equivalent). Experience reporting directly to an Audit Committee or Board. Experience auditing a multi-entity group or conglomerate. Excellent command of Arabic and English.

Responsibilities

Develop and execute a risk-based annual audit plan covering all Group entities, approved by the Audit Committee. Lead financial, operational, compliance, and IT audits and deliver clear, actionable reports. Report audit results, key risks, and remediation status to the Audit Committee and senior management. Assess the design and effectiveness of internal controls, governance, and risk management frameworks. Lead fraud risk assessments and investigations of control breaches. Track corrective actions with management until closure and measure improvement. Build, develop, and manage the Group internal audit team, including co-sourced or outsourced providers. Ensure audit practices align with IIA standards and applicable Saudi regulatory requirements.

Skills

  • Internal Audit
  • Risk Management
  • IT Audit
  • Fraud Investigation
  • Governance
  • Internal Controls
  • Regulatory Compliance
  • Audit Planning
  • Audit Reporting
  • Multinational / Multi-entity Audit
  • Leadership
  • Arabic language
  • English language

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