Internal Auditor📣 إعلان

Internal Auditor at Alfanar

Alfanar is seeking an experienced Internal Auditor to join its team in Riyadh, Saudi Arabia. This full-time role requires 5-10 years of experience and focuses on conducting independent, risk-based audits of construction projects.

The primary objective of this position is to evaluate governance, internal controls, contract management, procurement, and compliance processes. The auditor will provide assurance, identify risks, and recommend improvements that support effective project delivery and organizational objectives.

Core Responsibilities

• Plan and perform internal audits of construction projects in accordance with the approved audit plan and professional auditing standards.
• Evaluate project governance, financial controls, project execution, and operational effectiveness.
• Assess compliance with organizational policies, procedures, contractual obligations, and regulatory requirements.
• Identify control weaknesses and recommend practical corrective actions.
• Participate in the development of annual risk-based audit plans for construction and capital projects.
• Prepare audit programs, perform fieldwork, gather audit evidence, and document audit findings.
• Ensure audit assignments are completed in accordance with internal audit methodologies and professional standards.
• Prepare clear, accurate, and comprehensive audit reports summarizing findings, risk assessments, root causes, and recommendations.
• Communicate audit observations with project management and obtain management responses.
• Follow up on agreed corrective actions to verify timely implementation.

Specialized Audit Focus

• Review contract management processes throughout the project lifecycle to ensure compliance with contractual terms and organizational policies.
• Evaluate contract administration practices, including change orders, claims, variations, and payment processes, identifying contractual risks and recommending appropriate control improvements.
• Audit tendering and procurement activities to ensure transparency, fairness, and compliance with procurement policies.
• Review tender evaluation processes and contract award procedures, assessing procurement documentation for completeness, accuracy, and regulatory compliance. Report observations and recommend improvements to procurement controls.
• Conduct risk assessments for construction projects to identify operational, financial, contractual, and compliance risks.
• Evaluate the adequacy and effectiveness of risk mitigation measures implemented by project management, monitoring emerging project risks and recommending improvements to strengthen the organization’s risk management framework.

General Accountabilities

• Obtain updated soft and technical skills related to the job.
• Perform planned activities to meet operational and development targets as per delivery schedules, utilizing resources effectively to achieve objectives within efficient cost and time.
• Provide periodic reports detailing the deviation and execution of planned tasks.
• Solve any related problems that arise and escalate complex operational issues.
• Ensure quality requirements are met to develop effective quality control and processes, including specifications for products or processes or related activities.
• Coordinate well-defined written systems, policies, and procedures, and seek automation opportunities where possible.
• Comply with related policies, procedures, and work instructions.
• Ensure compliance with relevant safety, quality, and environmental management procedures and controls within the defined area of work activity.

Qualifications and Experience

• A minimum of 5 to 10 years of relevant experience in internal auditing, preferably with a focus on construction projects.
• Demonstrated ability to apply professional auditing standards and methodologies.
• Strong understanding of project governance, financial controls, contract management, and procurement processes.

About Alfanar

Alfanar is a Saudi company with an international presence, primarily engaged in the manufacturing and trading of a wide variety of low, medium, and high voltage electrical products. Its portfolio also includes conventional and renewable energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.

The hub of Alfanar’s manufacturing operations is Medinet Alfanar Alsinaiya, a 700,000 square-meter complex located in Riyadh. This complex houses an array of ultra-modern manufacturing facilities and laboratories equipped with state-of-the-art technologies and staffed with highly skilled professionals.

Alfanar derives its success from its commitment to providing the highest quality standards to its customers and the continuous development of its human capital, which it considers its most valuable asset. The company promotes a proactive work environment where its employees are valued, nurtured, and empowered.