General Manager Internal Audit

About Petromin Corporation

Petromin Corporation is seeking a General Manager Internal Audit to join their team in Jeddah, Makkah, Saudi Arabia. This full-time role is crucial for providing independent and objective assurance and advisory functions to the Board and executive management.

Role Purpose and Context

The General Manager Internal Audit leads the function responsible for delivering risk-based assurance on the effectiveness of governance, risk management, and internal control. This position ensures the independence and objectivity of Internal Audit, promotes conformance with the Global Internal Audit Standards (GIAS 2024), and strengthens the control environment to support strategic objectives, governance maturity, and capital-markets readiness where applicable.

Key Responsibilities

• Develop and maintain a risk-based annual and multi-year audit plan aligned with the enterprise risk profile and strategy, securing Audit Committee approval and ensuring adequate resourcing.
• Direct the execution of financial, operational, compliance, IT, and governance audits, ensuring engagements are evidence-based, well-supervised, and lead to sound conclusions.
• Protect the independence of the function and the objectivity of auditors, escalating any impairment to the Audit Committee and ensuring management owns remediation of findings.
• Report significant findings, root causes, and agreed management actions to the Audit Committee, assessing management responses and tracking timely closure of audit observations.
• Administer the Audit Committee, including agendas, meeting packs, minutes, and the annual meeting calendar, ensuring alignment with corporate governance regulations.
• Establish and maintain the Quality Assurance & Improvement Program (QAIP), including internal assessments and periodic External Quality Assessment (EQA), driving GIAS 2024 conformance.
• Own and periodically refresh the Internal Audit Charter, ensuring conformance with GIAS, the Code of Ethics, and applicable regulatory expectations.
• Provide consulting and advisory input on the design of controls and governance without assuming management responsibility or impairing future independence.
• Coordinate with external auditors, regulators, and the second line to optimize assurance coverage and avoid duplication.
• Recruit, develop, and retain audit talent, managing performance and embedding continuous professional development and relevant certification.
• Advance the use of data analytics and audit/GRC tooling to improve coverage, efficiency, and insight.

Performance Indicators

• Approved audit plan completion rate.
• Percentage of audit observations closed within agreed timelines, validated by Internal Audit.
• QAIP maturity and External Quality Assessment (EQA) conformance rating.
• Audit Committee and executive stakeholder satisfaction.
• Quality of engagement files (supervisory review, evidence, rating consistency).
• Team certification, capability, and retention metrics.

Qualifications and Experience

• A minimum of 10 years of relevant experience is required for this role.

Work Environment

This is a full-time position based in Jeddah, Makkah, Saudi Arabia. The role operates within a dynamic environment focused on strengthening governance and risk management frameworks.