Associate Principal Business Audit Job📣 إعلان

About the Role

Elm Company is seeking an Associate Principal Business Audit professional for a full-time position in Riyadh. This role is responsible for planning and executing risk-based business audit engagements across operational and financial areas. The Associate Principal provides independent assurance on the effectiveness of internal controls, governance, and risk management practices, supporting the implementation of the approved audit plan. This position identifies improvement opportunities and provides recommendations that enhance operational efficiency, compliance, and organizational performance.

Key Responsibilities

• Execute assigned audit engagements in accordance with the approved annual audit plan.
• Participate in the development of audit programs, scope, objectives, and testing procedures.
• Assess operational and financial processes to identify key risks and control requirements.
• Analyze operational, financial, and strategic risks within audited functions.
• Evaluate risk exposures and prioritize audit activities based on risk significance.
• Identify emerging risks and communicate observations to management.
• Assess the adequacy and effectiveness of internal controls and governance practices.
• Perform audit testing to determine compliance with approved controls and procedures.
• Identify control gaps and areas requiring improvement.

Audit Reporting and Follow-up

• Prepare clear and accurate audit observations, conclusions, and recommendations.
• Support the issuance of audit reports with practical and value-added recommendations.
• Communicate audit results and findings to relevant stakeholders.
• Review financial and operational processes to ensure effectiveness and compliance.
• Analyze quarterly and annual financial information and identify significant issues.
• Evaluate efficiency, productivity, and utilization of organizational resources.
• Monitor the implementation status of agreed management action plans.
• Validate corrective actions taken to address audit observations.
• Report unresolved findings and implementation delays to management.

Special Assignments and Coordination

• Conduct special reviews and assignments requested by management or the Audit Committee.
• Participate in investigations related to fraud, misconduct, or non-compliance incidents.
• Gather and analyze evidence while maintaining objectivity and confidentiality.
• Coordinate with audited departments, external auditors, and relevant stakeholders.
• Provide audit insights and support discussions regarding financial and operational matters.
• Contribute to enhancing audit methodologies, tools, and audit practices.

Compliance and Professional Conduct

• Follow all relevant departmental policies, processes, standard operating procedures, and instructions.
• Comply with all relevant safety, quality, and environmental management policies, procedures, and controls.
• Comply with all relevant information security practices and standards to ensure data integrity and confidentiality.

Qualifications and Experience

Candidates for this full-time position should possess 5 to 10 years of experience in business audit or a related field. The role requires a demonstrated ability to plan and execute risk-based audit engagements and provide independent assurance on internal controls, governance, and risk management practices.