Audit Governance & Integrity Principal Continuous Audi

About the Role

Elm Company is seeking a Principal to enhance internal audit effectiveness and organizational integrity. This full-time role, based in Riyadh, Saudi Arabia, involves providing expert guidance on audit strategy, methodology, quality assurance, and performance reporting. The Principal will also coordinate whistleblowing, fraud prevention, and investigation support activities to strengthen audit practices and ethical conduct across Elm.

Key Responsibilities

• Contribute to the development and execution of the Internal Audit Strategy and its implementation roadmap.
• Develop and update internal audit methodologies, procedures, and practical guidance.
• Implement and maintain the Internal Audit Quality Assurance Program and related review activities.
• Develop and maintain indicators covering internal audit performance, integrity, and fraud prevention activities.
• Coordinate the operation of approved whistleblowing channels and maintain secure records of reported concerns.
• Support fraud risk assessments by analyzing relevant processes, risk indicators, and control vulnerabilities.
• Support authorized investigations through evidence compilation, analysis, and documentation within the assigned scope.
• Develop and deliver awareness sessions and training materials on integrity, ethical conduct, and fraud prevention.
• Follow all relevant departmental policies, processes, standard operating procedures, and instructions.
• Comply with all relevant safety, quality, environmental management, and information security policies and standards.

Audit Strategy and Practice Improvement

• Translate strategic priorities into initiatives, milestones, and performance measures with relevant stakeholders.
• Monitor initiative progress, analyze delivery gaps, and recommend corrective actions.
• Evaluate audit practices and recommend improvements based on quality reviews, stakeholder feedback, and professional standards.
• Guide audit teams on applying approved methodologies and adopting consistent practices.

Quality Assurance and Reporting

• Assess adherence to approved audit methodologies and applicable professional requirements, documenting improvement opportunities.
• Coordinate quality improvement actions with responsible owners and follow up on implementation.
• Analyze performance results and prepare executive reports and dashboards highlighting trends, gaps, and required actions.
• Validate reporting inputs and recommend improvements to performance measurement and reporting practices.

Integrity and Fraud Prevention

• Review and route whistleblowing reports to authorized parties in accordance with approved protocols and confidentiality requirements.
• Track case status and follow-up actions, escalating overdue or sensitive matters through designated channels.
• Develop practical recommendations to strengthen preventive controls and address identified fraud risks.
• Coordinate fraud prevention initiatives and follow up on agreed actions with relevant stakeholders.
• Consolidate lessons learned from investigations and recommend preventive actions to address recurring weaknesses.
• Provide expert guidance to relevant teams on audit practices and integrity-related procedures.

Qualifications and Experience

Candidates should possess 5-10 years of relevant experience in internal audit, fraud prevention, or related fields. The role requires a strong understanding of audit methodologies, quality assurance programs, and ethical conduct principles.