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Internal Audit Manager - Construction & Capital Projects

Confidential Construction

Riyadh, Riyadh Province, Saudi Arabia · Full Time

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Experience
10+ yrs
Salary
—
Openings
1
Posted
1 week ago
Work mode
In office
Education
Bachelor's degree
Resume
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Job description

About the Role

We are seeking a seasoned Internal Audit Manager to join the Group Internal Audit team in Saudi Arabia, focusing on construction and capital project audits. This role acts as the main audit lead based locally, and reports directly to the Senior Internal Audit Manager stationed in Doha.

Key Responsibilities

  • Conduct risk-focused audits covering construction, EPC, and capital projects following IIA standards.
  • Examine controls related to procurement, tendering, contract management, subcontracting, project cost controls, variations, claims, and project closures.
  • Analyze financial aspects of projects including cost-to-complete forecasts, budget variances, margin risks, and contractual risks.
  • Review joint venture governance, commercial compliance adherence, project reporting, and key controlling mechanisms.
  • Manage audit fieldwork, evaluate risks and controls, perform audit documentation reviews, and prepare reports for executives.
  • Deliver audit results to senior management, negotiate corrective measures, and supervise implementation to resolution.
  • Lead audit teams and coordinate local Saudi audit activities with the Group Internal Audit office in Doha.

Requirements

  • Bachelor's degree in Accounting, Finance, Engineering, or similar disciplines.
  • Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Fraud Examiner (CFE), or equivalent credentials completed or close to completion.
  • Minimum 10 years progressive experience in internal auditing with significant experience in construction, EPC, or capital projects.
  • Deep knowledge of commercial project controls, cost oversight, contract management, claims, variations, and joint venture governance.
  • Strong leadership skills with the ability to independently manage projects, challenge senior personnel, and communicate findings clearly.
  • Fluent English communication and proficient report writing; Arabic language skills are an added benefit.
  • Resident in or willing to relocate to Saudi Arabia with availability for visits to project sites.

Minimum education

Bachelor's Degree

Industry

Construction

How they work

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Languages

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