Internal Audit Manager Jobs Saudis only in Riyadh

About the Role

SiFi, a B2B Fin-Tech company licensed by the Saudi Central Bank, is seeking an experienced Internal Audit Manager to join its team in Riyadh, Saudi Arabia. This role is central to coordinating and overseeing internal audit activities, leveraging the expertise of a specialized audit firm to strengthen internal controls, ensure regulatory adherence, and enhance the company's governance and risk management framework. The Internal Audit Manager will identify risk areas, recommend process improvements, and monitor remediation efforts to support SiFi's mission of transforming expense management for businesses.

Key Responsibilities

• Develop and maintain a risk-based internal audit plan, ensuring alignment with regulatory standards and industry best practices.
• Collaborate closely with a specialized external audit firm to plan and execute audit assignments, ensuring comprehensive reviews of critical business functions including financial, operational, and compliance areas.
• Coordinate the scheduling, scope definition, and resource allocation for each audit engagement.
• Work with the external audit firm and internal stakeholders to identify and evaluate key risks across business units such as product, operations, and IT security.
• Review and evaluate the adequacy and efficiency of controls, policies, and procedures, recommending enhancements as necessary.
• Monitor management's remediation efforts and verify the timely and effective resolution of identified audit issues.
• Stay informed of evolving regulatory requirements and industry guidance relevant to Fin-Tech operations.
• Prepare and review audit reports in conjunction with the external firm, summarizing findings, conclusions, and recommendations for senior management and, when appropriate, the Board or Audit Committee.
• Support interactions with external auditors and regulatory bodies, ensuring a transparent and proactive approach to compliance.
• Build strong relationships with functional teams including Finance, Operations, Compliance, and IT Security to cultivate a culture of risk awareness and continuous improvement.
• Communicate audit objectives, scope, findings, and recommendations clearly and effectively to internal stakeholders.
• Act as a liaison between the external audit firm and internal departments, ensuring seamless collaboration and knowledge transfer.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• 3-5 years of relevant experience in internal audit, risk management, or compliance, preferably within a regulated financial services or Fin-Tech environment.
• Strong understanding of internal control frameworks, risk assessment methodologies, and relevant regulatory requirements.
• Excellent analytical, problem-solving, and critical-thinking skills.
• Strong communication and presentation capabilities, able to explain complex information simply and effectively.
• Self-starter, detail-oriented, and able to work independently without direct reports.
• Proven ability to coordinate with external service providers and internal stakeholders in a fast-paced environment.
• Saudi Nationality ONLY.

Skills Profile

• Internal Audit
• Risk Management
• Compliance
• Internal Controls
• Process Improvement
• Financial Reporting
• Operational Audit
• IT Security
• Analytical Skills
• Problem-Solving
• Critical Thinking
• Communication
• Presentation Skills

Additional Information

This is a full-time position based in Riyadh, Saudi Arabia. Professional certifications such as CIA, CPA, or CISA are considered significant advantages.

About the Internal Auditor Role

Imploy is seeking a detail-oriented and analytical Internal Auditor to join its Finance & Accounting team. This full-time, on-site position in Riyadh, Saudi Arabia, is integral to evaluating internal controls, assessing operational efficiency, identifying risks, and ensuring compliance with company policies and applicable regulations. The successful candidate will contribute to sound governance and continuous improvement across the organization.

Key Responsibilities

• Plan and execute internal audits in accordance with approved audit procedures and standards.
• Evaluate the effectiveness of internal controls, processes, and risk management practices.
• Review financial and operational records to ensure accuracy, compliance, and efficiency.
• Identify control weaknesses and recommend corrective actions and process improvements.
• Prepare comprehensive audit reports and communicate findings clearly to management.
• Monitor the implementation of agreed-upon corrective actions and follow up on audit recommendations.
• Ensure adherence to company policies, regulatory requirements, and industry standards.
• Assist in risk assessments and actively support continuous improvement initiatives.
• Maintain proper documentation and meticulously organize audit working papers.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, or a closely related field.
• Previous experience in internal auditing, external auditing, accounting, or risk management is preferred.
• A strong understanding of audit methodologies, internal controls, and financial reporting principles.
• Familiarity with ERP systems and proficiency in Microsoft Office applications.
• Professional certifications such as CIA, SOCPA, CPA, or ACCA are considered an advantage.
• Demonstrated high attention to detail and strong ethical standards.
• Proven ability to manage multiple assignments effectively and meet deadlines consistently.
• A clear understanding of relevant regulatory and compliance requirements.
• Saudi nationality is required for this position.

Required Skills

• Internal Controls
• Risk Management
• Financial Reporting
• ERP systems
• Microsoft Office applications
• Analytical skills
• Problem-solving skills
• Report-writing skills
• Communication skills
• Interpersonal abilities
• Attention to detail
• Ethical standards

Work Environment and Details

This is a full-time, on-site position located in Riyadh, Saudi Arabia. The role is part of Imploy's Finance & Accounting team.

About the Role

SiFi is a corporate expense management platform designed to provide accounting teams with enhanced control over corporate spending. The platform enables companies to issue cards with specific spending restrictions, promoting efficient fund utilization and adherence to approved expenses. This Tamheer opportunity is for enthusiastic Saudi nationals to join SiFi and gain experience in internal audit and risk assurance.

Role Context and Responsibilities

As an Internal Audit professional, you will support the company's commitment to robust governance, risk management, and internal controls. This role involves learning and applying audit methodologies to business processes, analyzing data to identify inconsistencies, and contributing to the organization's overall assurance framework. You will collaborate with experienced professionals to develop your understanding of audit principles and their practical application within a fintech environment.

Qualifications and Eligibility

• Must be a Saudi national.
• Must possess a Bachelor's degree or higher in a relevant field.
• Must not be currently employed.
• Must not be registered with GOSI.
• Must be eligible for and registered in the Tamheer Program through Hadaf.

Required Skills and Competencies

• Strong analytical and critical thinking skills.
• Foundational understanding of internal audit principles, governance, risk management, and internal controls.
• Eagerness to learn and apply audit methodologies and understand business processes.
• Excellent problem-solving abilities with attention to detail.
• Proficiency in analyzing data to identify inconsistencies.
• Strong written and verbal communication skills.
• Good organizational and time management skills.
• Ability to maintain confidentiality and handle sensitive information.
• Proficiency in Microsoft Office applications (Excel, Word, PowerPoint).
• Ability to work effectively independently and collaboratively.
• Strong understanding of internal audit standards and corporate governance principles.
• Familiarity with risk management and compliance concepts is advantageous.
• Exposure to data analysis tools, such as Excel, is a plus.
• Knowledge of Saudi regulatory frameworks and financial services is advantageous.
• Strong willingness to develop a career in Internal Audit and Risk Assurance.
• High levels of integrity, professionalism, and meticulous attention to detail.

Work Details and Location

This is a full-time opportunity. Recent graduates with a Bachelor's degree in Accounting, Finance, Internal Auditing, Business Administration, or a related field are encouraged to apply. The role is based in Riyadh, Saudi Arabia. The announcement number for this opportunity is 24782378.