Internal Auditor Capital Projects

About the Role

Alfanar Projects is seeking an Internal Auditor - Capital Projects to join their team in Riyadh. This full-time role involves conducting internal audit assignments to evaluate the effectiveness of governance, risk management, and internal control processes, with a focus on capital projects. The ideal candidate will have 2-5 years of relevant experience.

Job Purpose

The primary purpose of this role is to perform audit testing, identify control gaps and improvement opportunities, and provide reliable findings. These findings will support compliance, operational effectiveness, and the achievement of organizational objectives within capital projects.

Key Responsibilities

• Support the planning of assigned audit engagements in accordance with the approved internal audit plan.
• Review relevant policies, procedures, processes, reports, and supporting documentation.
• Develop an understanding of the audited area, its objectives, key risks, and existing controls.
• Prepare audit procedures, checklists, and information requests under guidance.
• Perform financial, operational, compliance, and process audits across assigned business areas.
• Conduct control testing, data analysis, document reviews, interviews, and process walkthroughs.
• Evaluate compliance with approved policies, procedures, delegated authorities, and applicable requirements.
• Assess whether internal controls are properly designed, implemented, and operating effectively.
• Obtain sufficient and reliable evidence to support audit observations and conclusions.
• Maintain accurate, complete, and properly referenced audit working papers.
• Identify internal control weaknesses, compliance gaps, operational risks, and process inefficiencies.
• Analyze identified issues and support the determination of their causes, risks, and business impact.
• Discuss preliminary observations with relevant process owners and obtain supporting clarification.
• Prepare clear audit observations and practical recommendations for review.
• Support the preparation of internal audit reports and presentations.
• Promptly escalate significant risks, suspected irregularities, or sensitive matters.
• Follow up with process owners on the implementation of agreed corrective actions.
• Review supporting evidence provided for the closure of audit findings.
• Maintain accurate records of open, overdue, and completed corrective actions.
• Report delays or inadequate corrective actions to the Senior Internal Auditor or Audit Manager.

Professional Standards and General Responsibilities

• Perform audit activities in accordance with the internal audit methodology and applicable professional standards.
• Maintain independence, objectivity, confidentiality, integrity, and professional conduct.
• Exercise due professional care and sound judgment throughout audit assignments.
• Maintain and develop the knowledge and skills required to perform assigned audit responsibilities effectively.
• Perform planned activities to meet operational and development targets, utilizing resources effectively.
• Solve related problems and escalate complex operational issues as needed.
• Ensure quality requirements are met, developing effective quality control and processes.
• Coordinate well-defined written systems, policies, procedures, and seek automation opportunities.
• Comply with relevant policies, procedures, and work instructions.
• Ensure compliance with safety, quality, and environmental management procedures and controls.

Qualifications and Experience

• 2-5 years of experience in internal auditing, preferably with exposure to capital projects.
• Ability to obtain updated soft and technical skills related to the job.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia. The role requires adherence to professional standards and continuous development of auditing knowledge and skills.