Audit Manager📣 Job Ad

About the Role

Ajlan & Brothers Holding Company is seeking a highly skilled and experienced Audit Manager to join its team in Riyadh, Saudi Arabia. This pivotal role aims to comprehensively plan, execute, and oversee internal and external audit activities for Ajlan Mining Industries and its affiliated mining companies. The primary objective is to ensure robust compliance, absolute integrity, and optimal efficiency across all business operations. The Audit Manager will provide independent assurance to the Audit Committee regarding the adequacy of internal controls, risk management frameworks, and governance processes. This position plays a crucial role in identifying areas for improvement, recommending corrective actions, and supporting the organization in achieving operational excellence and regulatory compliance, thereby contributing to the company's strategic objectives and aligning with its vision and goals.

Key Tasks and Responsibilities

• Develop and implement the annual internal and external audit plan, ensuring alignment with organizational objectives and risk priorities.
• Conduct comprehensive audits of the organization's and its affiliates' financial, operational, legal (including licensing and regulatory requirements), and compliance processes to assess the effectiveness of internal controls.
• Ensure all audits are completed in a timely manner and in full compliance with professional auditing standards.
• Identify key business risks and rigorously assess current risk management practices.
• Propose and recommend improvements to internal control systems and governance frameworks.
• Monitor the implementation of corrective actions identified during audits and provide regular progress reports to the Audit Committee.
• Prepare clear, concise, and actionable audit reports for the Audit Committee and senior management.
• Effectively communicate with all relevant stakeholders regarding audit findings, identified risks, and recommended actions.
• Provide periodic updates on audit progress and highlight any emerging risk areas to senior leadership.
• Ensure strict adherence to all applicable laws, regulations, and industry standards.
• Support external auditors and regulatory inspections as required by the business.
• Introduce and implement best practices in audit methodologies and risk management.
• Stay abreast of changes in regulatory requirements and developments in internal audit techniques and methodologies.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, or a closely related field.
• Extensive experience in internal audit, risk management, or compliance, with at least 3 years of experience in a supervisory role.
• Strong knowledge of internal control frameworks, auditing standards, and relevant regulatory requirements.
• Experience in the mining, metals, or industrial sectors is considered an added advantage.
• Professional certifications such as CPA, CIA, or ACCA are preferred.

Core Skills

• Internal Audit
• External Audit
• Risk Management
• Compliance
• Internal Controls
• Governance
• Analytical Skills
• Communication Skills
• Report Writing

Additional Information

The incumbent will hold the position of Audit Manager at Ajlan & Brothers Holding Company. The work location is Riyadh, Saudi Arabia, and the role requires 2-5 years of experience. The nature of the work is full-time.