Internal Audit Manager📣 إعلان

About the Role

Hays is partnering with a PIF organisation to recruit an Internal Audit Manager for their team in Riyadh. This is a full-time position requiring 5-10 years of experience.

Role Overview and Responsibilities

The Internal Audit Manager will be responsible for developing, implementing, and managing the annual risk assessment and planning process for Internal Audit. This includes creating an audit plan that aligns with the company's risk profile and leading initiatives related to risk assessment, audit execution, reporting, and Audit and Risk Committee updates. The role involves conducting audits across operational, financial, IT, and compliance processes, including those related to the investment lifecycle such as due diligence, asset valuation, and investment risk.

• Oversee the execution of the audit plan, ensuring progress aligns with objectives and providing updates to senior management and the Audit and Risk Committee.
• Ensure the highest level of service quality and satisfaction in audit execution and documentation, providing status reports to the CEO.
• Prepare and present detailed audit reports with actionable insights to senior management and the Audit and Risk Committee.
• Ensure timely follow-up on audit recommendations and monitor remediation plans.
• Liaise with external auditors, regulators, and consultants during examinations and reviews.
• Manage outsourced internal audit providers, ensuring quality and strategic alignment.
• Coordinate with audit stakeholders to ensure smooth audit engagements and provide support for closing audit observations.
• Oversee the Internal Audit team's participation in critical business and technology initiatives, ensuring audit perspectives are voiced and controls are advised proactively.
• Promote a strong internal control environment and a culture of integrity and compliance.
• Act as a thought leader in risk management and internal control best practices.
• Collaborate with Risk Management and Compliance teams to identify and mitigate emerging risks.
• Oversee and coordinate outsourced internal audit consultants, managing scope, timelines, budgets, deliverables, and ensuring compliance with policies and standards.

Qualifications and Requirements

Candidates should possess a Bachelor’s degree in Accounting, Finance, or a related field. A Master’s degree is considered a plus. Professional certifications such as CIA, CPA, CISA, or CFA are preferred.

• 8+ years of audit experience, with a minimum of 3 years in a managerial role.
• Exposure to investment firms, asset management, private equity, or capital markets is required.
• In-depth knowledge of investment-related regulations, including CMA rules, SAMA guidelines, IFRS, and AML/CTF requirements.
• Familiarity with investment performance reporting, portfolio risk, financial instruments, and valuation methodologies.
• Strong experience in ERP systems, risk-based auditing, and data analytics.
• Background working in Big 4 Firms is preferred.
• Fluent Arabic and English speaking skills are essential.

Required Skills and Attributes

The role requires a strategic mindset with strong analytical and critical thinking skills. Excellent interpersonal and communication abilities are necessary, with the capacity to influence at senior levels.

Work Location and Type

This is a full-time position based in Riyadh.