Internal Audit Manager

About Albawani

Albawani stands as a premier construction and contracting enterprise in Saudi Arabia, with a legacy dating back to 1991. From its origins as a small civil works contractor, the company has evolved into a diversified industry leader, operating across multiple sectors including construction, infrastructure, engineering, water and power, and industrial services. Headquartered in Riyadh, Albawani has established itself as a trusted partner in delivering large-scale commercial, healthcare, educational, and government projects throughout the Kingdom. Renowned for its unwavering commitment to quality, safety, and innovation, the company holds several international ISO certifications and maintains a Class-1 contractor ranking in Saudi Arabia.

Position Overview

The Internal Audit Manager will serve as a pivotal figure within Albawani’s Internal Audit department, responsible for leading and executing the annual internal audit plan with precision and strategic insight. This role demands a proactive approach to overseeing a team of internal auditors, providing clear direction, and ensuring the highest standards of audit quality and compliance. The Manager will collaborate closely with the Director of Internal Audit, presenting comprehensive audit reports and findings to the Chief Audit Executive (CAE) while driving continuous improvement within the audit function.

Key Responsibilities

• Strategic Leadership and Execution: Oversee the timely implementation of ARC (Audit Review Committee) decisions within the department, providing monthly updates on progress and completion status to ensure alignment with organizational objectives.
• Audit Plan Management: Deliver the assigned portion of the annual internal audit plan within stipulated timelines, ensuring all audits are completed as scheduled.
• Quality Assurance: Review and formally approve all audit programs prior to execution to ensure they meet internal audit standards and remain relevant to operational needs.
• Resource and Budget Oversight: Monitor and manage the audit cycle time, ensuring engagements are delivered within planned timelines and allocated budgets.
• Compliance and Governance: Maintain strict adherence to approved attendance schedules and working hours, fostering a culture of professionalism and accountability.
• Team Development and Knowledge Sharing: Conduct regular quality assurance reviews to confirm compliance with internal audit standards and fulfill annual professional education requirements. Actively contribute to team growth by leading at least two knowledge-sharing sessions annually.
• Stakeholder Engagement: Gather and analyze feedback from stakeholders on completed audits, ensuring a minimum satisfaction score of 75% to enhance audit effectiveness and organizational trust.
• Professional Development: Achieve a minimum of 40 hours of Continuing Professional Education (CPE) annually and conduct two training sessions to reinforce best practices within the team.

Qualifications and Requirements

• Professional Experience: Minimum of 10 years of progressive audit experience, with a strong preference for candidates with a background in construction or project-based industries.
• Technical Expertise: In-depth knowledge of internal controls, risk management frameworks, and audit methodologies, coupled with proficiency in ERP systems such as SAP or Oracle.
• Educational Background: Bachelor’s degree in Accounting, Finance, or a closely related field from an accredited institution.
• Certification: Certified Internal Auditor (CIA) certification is a mandatory requirement for this role.

This position offers a dynamic and challenging environment for a seasoned audit professional seeking to make a significant impact within a leading organization in Saudi Arabia’s construction and contracting sector.