Manager - Internal Audit
Riyadh Provence - Saudi Arabia
About El Seif:
Building the Future - One Project at a Time!
Excellence, Integrity and, Innovation - every step of the way.
At El Seif, we embrace and embody our core values of excellence, integrity, and innovation in every aspect of our work from meticulous planning to expert construction, we consistently uphold the highest standards of excellence, ensuring that our projects are delivered with precision and attention to detail. With half a century of diverse experiences across a wide range of industries, ranging from public infrastructure to military and defense applications, we have honed our expertise and gained indispensable insights that enable us to tackle complex challenges and maintain our standard of delivering exceptional results. Our forward-thinking approach sets us apart as a trusted partner in the construction industry. By continuously pushing the boundaries of innovation, we strive to pioneer the future of construction, creating sustainable and impactful solutions that leave a lasting legacy.
Major Responsibilities:
Corporate
·Support and conduct the affairs of the function with the highest standards of respect, integrity, accountability, agility, quality, safety and corporate governance.
·Support the development of KSA national employees across the function to support corporate objectives, Saudization targets and lead the knowledge dissemination culture to ensure optimal building of internal capabilities and maximize their performance.
·Ensure compliance with Code of Ethics policy and adopting company values across all function’s employees and provide leadership to reinforce a strong people culture and ethical business practices.
Functional
·Work involves leading or conducting audit assignments; providing key input to development of the Annual Audit Plan; providing training and coaching to Internal Audit staff; can work independently under general supervision.
·Assist CIA in the preparation of Risk Based Annual Audit Plan.
·Managing Operational / Project Audits – Complete Project Audits including Tendering, Mobilization, Contract & commercial, Procurement, Cost Control, Project Control, Project Finance, Project Administration & Manpower, Project Planning, Inventory & Warehouse, Logistics, Vendor Management, PMV & Closeout etc.
·Conduct thorough risk assessment and analysis to identify potential areas of improvement, providing valuable recommendations for process enhancements.
·Evaluation of internal controls in place and ensuring adherence with the approved policies/procedures
·Manage and review audit reports, ensuring accuracy, quality, and adherence to audit standards
·Guide and oversee a team of auditors, providing direction and support in executing audit engagements and ensuring timely completion
·Collaborate with cross-functional teams to identify control weaknesses and develop sustainable action plans.
·Stay updated on emerging trends, regulations, and best practices in internal audit, and proactively implement necessary changes to enhance the audit process.
·Foster a culture of accountability and integrity within the organization, promoting awareness of internal controls and compliance
Knowledge, Skills, Competencies and Experience:
·Bachelor degree in Finance, Accounting or Business Management.
·Professional Qualifications & Certifications i.e. CPA, ACCA, ACA.
·Certified Internal Auditor (CIA)
·Proficiency in written and spoken English (Arabic is a plus).
·12 - 15 years of relevant experience in Internal & External Audit.
·Contracting / Construction industry experience is Highly Preferable.
·Sound knowledge of IFRS, ISAs and Saudi laws (VAT, Taxation, Zakat, Labor law, company law etc.).
·Sound knowledge of Governance, Risks and Controls.
·Excellent analytical skills.
·Proficient in ERP systems, IT and Computer skills.
·Experience in the Middle East is required.