Manager , Internal Control

Manager, Internal Control – Ma’aden (Riyadh)

Ma’aden, a leading diversified mining company in the Kingdom of Saudi Arabia, is seeking a highly motivated and experienced Manager, Internal Control to join our dynamic team in Riyadh. In this pivotal role, you will play a critical part in strengthening our internal control framework, ensuring compliance with regulatory standards, and safeguarding the company’s assets and operations. The ideal candidate will possess a strong background in internal audit, risk management, and corporate governance, with a proven ability to drive continuous improvement in control environments.

Key Responsibilities

• Internal Control Framework Development: Design, implement, and maintain a robust internal control framework aligned with Ma’aden’s strategic objectives and regulatory requirements. Ensure the effectiveness of controls across all business units and processes.
• Risk Assessment and Mitigation: Conduct comprehensive risk assessments to identify potential vulnerabilities in operational, financial, and compliance processes. Develop and implement mitigation strategies to address identified risks proactively.
• Compliance and Regulatory Oversight: Monitor and ensure adherence to local and international regulations, including Saudi Arabian laws, IFRS, and industry-specific standards. Collaborate with legal and compliance teams to address regulatory changes and internal policy updates.
• Audit Coordination and Support: Liaise with external and internal audit teams to facilitate smooth audit processes. Provide guidance on control deficiencies, remediation plans, and best practices to enhance audit outcomes.
• Process Improvement and Efficiency: Evaluate existing processes to identify inefficiencies and recommend enhancements to streamline operations while maintaining strong internal controls. Drive initiatives to improve control automation and digital transformation within the organization.
• Stakeholder Engagement: Work closely with senior management, department heads, and cross-functional teams to foster a culture of accountability and transparency. Present findings, recommendations, and control status updates to the Executive Committee and Board of Directors as required.
• Training and Awareness: Develop and deliver training programs to enhance internal control awareness across the organization. Ensure employees understand their roles in maintaining effective controls and compliance standards.

Qualifications and Experience

To excel in this role, candidates must meet the following criteria:

• Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. A Master’s degree or professional certification (e.g., CIA, CISA, CPA, or CRMA) is highly desirable.
• Professional Experience: Minimum of 8-10 years of progressive experience in internal audit, risk management, or internal control, with at least 3-5 years in a managerial or leadership role. Experience in the mining, metals, or industrial sectors is preferred.
• Technical Skills: Proficiency in internal control frameworks (e.g., COSO, COBIT), risk management tools, and enterprise resource planning (ERP) systems. Strong knowledge of financial reporting standards and regulatory compliance requirements.
• Soft Skills: Exceptional analytical, problem-solving, and communication skills. Ability to influence stakeholders at all levels and drive change within a complex organizational structure. Fluency in English is required; Arabic language proficiency is a plus.
• Personal Attributes: High integrity, ethical standards, and a commitment to Ma’aden’s values of excellence, innovation, and sustainability. Demonstrated leadership in fostering a culture of compliance and continuous improvement.

Why Join Ma’aden?

As a key player in Saudi Arabia’s mining sector, Ma’aden offers a unique opportunity to contribute to the nation’s economic diversification and Vision 2030 goals. Our employees benefit from a collaborative work environment, competitive compensation packages, and opportunities for professional growth. By joining our team, you will be part of a forward-thinking organization dedicated to operational excellence and sustainable development.

If you are a results-driven professional with a passion for internal control and risk management, we invite you to apply for this critical role and help shape the future of Ma’aden’s governance and compliance framework.