Reporting Line: Internal Audit Functionally to the Audit Committee
Location: Riyadh, Saudi Arabia
Employment Type: Full-time | On-site
About the Role
We are seeking a detail-oriented and independent Senior Internal Audit Specialist to support the internal audit function of Alomar Holding Company and its subsidiaries.
Key Responsibilities
• Execute approved risk-based internal audit assignments across the holding company and its subsidiaries.
• Review financial, operational, procurement, HR, project, and compliance processes.
• Assess the design and effectiveness of internal controls, approval workflows, delegated authorities, policies, and procedures.
• Audit payment cycles, procurement activities, contracts, vendor onboarding, receivables, payroll, fixed assets, inventory, and cash management.
• Review project controls including budgets, BOQs, variations, contractor payments, tender evaluations, cost overruns, and project documentation.
• Identify control gaps, compliance breaches, financial risks, operational inefficiencies, and potential fraud indicators.
• Prepare audit working papers, evidence files, audit observations, risk ratings, root-cause analysis, and recommended corrective actions.
• Draft clear audit reports and presentations for management and the Audit Committee.
• Maintain audit findings trackers and follow up with responsible departments until corrective actions are closed.
• Support investigations related to suspected fraud, policy violations, conflicts of interest, or financial irregularities.
• Assist in preparing the annual audit plan, audit universe, risk assessments, and periodic Audit Committee reporting.
• Maintain confidentiality, professional skepticism, and independence throughout all audit engagements.
Mandatory Requirements
• Bachelor’s degree in Accounting, Finance, Internal Audit, Business Administration, or a related field.
• Minimum 5 years of relevant experience in internal audit, external audit, risk, compliance, or financial controls.
• Minimum 2 years of direct internal audit experience.
• Practical experience auditing financial controls, procurement, payment cycles, contracts, payroll, and operational processes.
• Strong understanding of internal control principles, risk assessment, audit documentation, and audit reporting.
• Strong Excel skills.
• Business-fluent English.
• Eligible to work in Saudi Arabia.
Preferred Qualifications
• CIA, SOCPA, CPA, ACCA, CISA, or CRMA certification, or progress toward one of these certifications.
• Experience auditing multiple entities, subsidiaries, or a group structure.
• Experience in real estate, construction, contracting, investment, or diversified holding groups.
• Experience using ERP systems such as Odoo, SAP, Oracle, Microsoft Dynamics, or similar.
• Familiarity with Saudi compliance requirements, VAT, ZATCA controls, and corporate governance practices.
• Proficiency in Arabic.
• Available to join within 30–60 days.
What We Are Looking For
• Able to independently conduct audits while maintaining objectivity and escalating significant issues appropriately.
• Excellent report writing, documentation, and stakeholder communication skills, with experience preparing clear, evidence-based audit reports, presentations, and audit follow-up updates for senior leadership and the Audit Committee.
• Comfortable presenting significant audit findings, control weaknesses, high-risk issues, and overdue corrective actions to the Audit Committee.
• Comfortable engaging with CEOs, CFOs, finance, procurement, HR, operations, project teams, and subsidiary management to obtain audit evidence and follow up on remediation actions.