Internal Audit Manager

About Albawani

Albawani is a prominent construction and contracting company in Saudi Arabia, established in 1991. Headquartered in Riyadh, the company has expanded into a diversified group with operations spanning construction, infrastructure, engineering, water and power, and industrial services. Albawani is recognized for its commitment to quality, safety, and innovation in delivering large-scale commercial, healthcare, educational, and government projects across the Kingdom.

The Role of Internal Audit Manager

Albawani is seeking an Internal Audit Manager to lead and manage the execution of its annual internal audit plan. This full-time position is based in Riyadh, Saudi Arabia. The Manager will oversee a team of internal auditors, provide strategic direction for audits, ensure quality assurance, and contribute to the continuous improvement of the internal audit function. This role involves close collaboration with the Director, Internal Audit, and presenting audit reports and findings to the Chief Audit Executive (CAE).

Key Responsibilities

• Ensure timely implementation of Audit and Risk Committee (ARC) decisions relevant to the department and provide monthly status reports.
• Deliver assigned portions of the annual audit plan within scheduled timeframes.
• Approve and review all audit programs to ensure quality and relevance.
• Manage audit cycle time and monitor budget versus actual performance.
• Track ARC-related actions within the department and provide monthly updates on progress and completion.
• Ensure supervised audits meet internal audit standards and conduct regular Quality Assurance (QA) reviews.
• Maintain consistent adherence to approved attendance schedules and working hours.
• Fulfill annual professional education requirements and actively share knowledge through team sessions.
• Collect stakeholder feedback on completed audits, aiming for a minimum satisfaction score of 75%.
• Achieve planned CPE 40 hours and conduct two training/knowledge-sharing sessions per year.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum of 10 years of audit experience, with a preference for experience in construction or project-based industries.
• Strong knowledge of internal controls, risk management, and audit methodologies.
• Experience with ERP systems such as SAP or Oracle.
• A recognized professional certification such as CIA, CISA, CFE, CRMA, CPA/SOCPA, or equivalent.