Internal Audit Lead

About the Role

Misk Foundation is seeking an Internal Audit Lead to join their team in Riyadh, Saudi Arabia. This full-time role involves providing independent and objective assurance on the effectiveness of financial controls, risk management, and governance processes across the Foundation and its subsidiaries. The Internal Audit Lead will ensure compliance with applicable laws, regulations, and internal policies, supporting responsible financial management and safeguarding organizational assets.

Key Responsibilities

• Conduct internal audits of financial operations and controls to ensure accuracy, compliance, and integrity of financial reporting.
• Identify financial risks and control weaknesses, providing actionable recommendations to strengthen governance and safeguard assets.
• Monitor the implementation of audit recommendations and promote adherence to financial best practices across the organization.
• Ensure financial processes and reporting from subsidiaries meet organizational quality standards and comply with internal policies.
• Monitor and review financial statements and key reports for accuracy, consistency, and completeness.
• Facilitate effective communication and collaboration with subsidiaries and internal teams, providing recommendations for process improvements.
• Monitor adherence to organizational policies, procedures, and regulatory requirements across the company and its subsidiaries.
• Identify, escalate, and resolve compliance issues promptly to maintain organizational integrity.
• Provide guidance and recommendations to management for strengthening compliance practices and mitigating potential risks.
• Prepare and maintain comprehensive internal audit reports, highlighting findings, financial risks, recommendations, and corrective actions.
• Respond to ad hoc reporting requests from the Audit Committee or senior management in a timely and accurate manner.
• Ensure all documentation is up-to-date, accurate, and supports informed decision-making and organizational accountability.
• Identify potential financial and operational risks across the Foundation and its subsidiaries and develop strategies to mitigate them effectively.
• Implement and monitor risk management measures to safeguard organizational assets, reputation, and operational continuity.
• Review and update processes and procedures across core functions to close operational gaps and prevent overlaps, enhancing overall efficiency.
• Provide innovative measures to improve core processes and procedures through identifying organizational best practices to ensure continuous improvement.

Experience Required

• Candidates should have 2-5 years of relevant experience.

Work Type

This is a full-time position based in Riyadh, Saudi Arabia.