Risk and Controls Manager📣 إعلان

About the Role

Red Sea Gateway Terminal is seeking a Risk and Controls Manager to establish and maintain a robust internal control framework across the organization. This full-time position, based in Jeddah, Makkah, Saudi Arabia, requires 5-10 years of experience and focuses on ensuring financial practices comply with regulatory requirements, company policies, and industry best practices. The role is critical in identifying and mitigating risks that could affect operational and financial performance.

Key Responsibilities

• Develop, implement, and continuously improve the organization’s risk management and internal control framework.
• Apply strong risk and control expertise to assess business scenarios, identify significant issues, analyze operations, review compliance, recommend controls, and audit safeguards.
• Communicate audit findings and draft reports for the Finance Head, providing recommendations that drive constructive change.
• Manage or support internal projects that strengthen the internal audit function, including knowledge building, agile auditing, risk integration, continuous auditing through data analytics, AI, and continuous improvement.
• Ensure new service lines, such as data analytics and technology audits, are considered and used in audits as directed.
• Present audit conclusions to business unit management, either onsite or remotely, as needed.
• Perform detailed revenue analysis to identify and prevent revenue leakage.
• Participate in information-gathering activities, including authority-for-expenditure reviews, risk report reviews, and technical insight report reviews.
• Conduct regular risk assessments across business units, identifying areas of exposure and recommending mitigations.
• Lead the design and execution of internal control reviews, including walkthroughs and testing of key controls.
• Collaborate with finance and operational teams to embed control mechanisms into standard business processes.
• Monitor compliance with internal policies, external regulations, and international financial reporting standards.
• Support and coordinate internal and external audit activities, ensuring timely resolution of findings and recommendations.
• Prepare clear and concise risk and control reporting for senior leadership and the Audit Committee.
• Lead the rollout of control-related training and awareness programs across departments.
• Act as a subject matter expert for SOX (if applicable) or other governance frameworks adopted by the company.
• Support the digitalization of control processes and champion automation where feasible.
• Own or contribute to departmental improvement projects, including the Guest Auditor Program, Argus AI tool, and Centers of Excellence Program.
• Apply creative thinking and critical analysis to ensure projects support the company’s transformation strategy.

Required Experience

Candidates should possess 5 to 10 years of professional experience in risk management and internal controls, with a proven track record in establishing and maintaining robust control frameworks.

Skills and Expertise

• Strong expertise in risk and control principles, capable of assessing business scenarios and recommending effective safeguards.
• Proficiency in conducting detailed revenue analysis and identifying revenue leakage.
• Ability to lead internal control reviews, including walkthroughs and testing.
• Knowledge of internal policies, external regulations, and international financial reporting standards.
• Experience with data analytics, AI, and continuous improvement methodologies in an audit context.
• Subject matter expertise in SOX (if applicable) or other relevant governance frameworks.
• Demonstrated creative thinking and critical analysis skills for strategic project support.

Work Type and Location

This is a full-time position located in Jeddah, Makkah, Saudi Arabia.

Application Process

Interested candidates are invited to submit their applications for this role.