Senior Internal Auditor

About the Role and Company

Alfanar, a prominent Saudi company with a global footprint, specializes in manufacturing and trading an extensive range of electrical products across low, medium, and high voltage categories. The enterprise also offers conventional and renewable energy solutions, oil and gas services, water treatment, infrastructure, technical services, and digital solutions. Its production nucleus, Medinet alfanar Alsinaiya in Riyadh, spans 700,000 square meters featuring advanced manufacturing units and laboratories powered by cutting-edge technologies and expert personnel. Alfanar thrives on delivering superior quality and continually enhancing its workforce, fostering a supportive, empowering, and proactive working atmosphere.

Key Responsibilities

• Lead the creation and execution of a risk-driven internal audit plan by assessing organizational functions and prioritizing audits based on identified risks.
• Conduct comprehensive internal audits to evaluate control effectiveness and process adequacy across departments.
• Utilize both qualitative and quantitative methods to gauge the existence, performance, and efficiency of internal controls.
• Host exit meetings with process owners to discuss findings, validate reports, and agree on actionable management responses with timelines.
• Prepare clear, concise, and goal-aligned internal audit reports communicating key insights and recommendations.
• Follow up with management to verify the timely implementation of corrective actions derived from audit findings.
• Keep abreast of company policies, operational changes, and emerging risks to enhance audit relevance and impact.
• Conduct on-demand audits or investigations addressing new risks or incidents and take swift action on critical findings.
• Leverage advanced data analytics tools to refine audit accuracy, uncover risk areas, inefficiencies, or anomalies.
• Collaborate cross-functionally to identify and implement process improvements promoting operational efficiency.
• Maintain up-to-date professional skills required for audit excellence.
• Effectively manage resources to meet delivery schedules while adhering to cost and quality standards.
• Address and escalate operational challenges as necessary.
• Ensure compliance with relevant policies, safety standards, and quality requirements, driving a safe work environment and high-quality deliverables.
• Drive documentation of processes and seek automation for enhanced control and operational efficiency.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• Between 4 to 6 years of relevant experience in internal auditing or related fields.
• Expertise in audit best practices including planning, reporting, procedure adherence, compliance audits, internal control assessments, post-audit reviews, and security audits.