JOB DETAILS
HEAD OF INTERNAL AUDIT –INDUSTRIAL SECTOR COMPANIES
Location   Saudi Arabia
Salary   
Sector   Oil and Gas
Job Type   Full Time
Date   25/09/2017
Job Ref No   3778

Company Profile

A Saudi based Business group with diversifed business activity.

Job Description

Reporting to the Sector Audit Committee, the Head of Internal Audit is a key executive on the sector leadership team. As a key member of the team, he will be expected to provide an internal audit service to the Sector’s Audit Committee covering principal business activities and risks of the various companies in the sector and which adheres to international internal audit best practices. Lead Sector Risk Management and associated reporting, working with sector functions and business unit teams to embed a robust and value-adding risk management governance and culture. Develop and maintain a robust and efficient assurance framework and mapping; Ensure robust Internal Audit methodology and its consistent application; Plan risk-based internal audit activity and delivery of a dedicated part of annual Internal Audit plan; Bring about automation of Auditing Practices, synergizing IT & ERP Applications with business processes. Advisory support on Group projects and other commercial activities as required. Role based in Jubail.

 

Candidate Profile

Qualified accountant (ACA, ACCA, CPA, CIA, CIMA or equivalent) with 15 to 20 years’ experience of which 10 years’ experience in the internal audit role of which 3 years’ experience heading the Internal Audit functions at the group level or in large corporations. Current or Past experience in industrial or petrochemical companies with a keen interest in risk management and internal controls would be ideal. Expert understanding of effective risk management process; Experience in design and implementation of risk management processes, systems and tools; Ability to plan audits and engage with management and process owners based on maturity level of business unit / processes (new set up, developing, established and finally matured).  Ability to execute within time lines agreed. Assertive – able to stand up for his views. Ability to implement change; Ability to operate at various levels of management, including Board, Execs as well as Group Functional and BU management; Ability to grasp a big picture while not losing sight of low-level detail of audit procedures; Good communication skills (oral and written) with experience in presenting to audit committees and boards. email - betty@lobomanagement.com