Internal Audit Manager

Modern Building Leaders

  • Saudi Arabia


  • SAR 21000 - SAR per month

Job Type

  • Full-Time

Job Description

Job Opportunity: Internal Audit Supervisor

**Company Description:**

MBL is a leading construction company with a team of over 10,000 affiliated staff. Specializing in integrated engineering, procurement, and construction services, we deliver comprehensive solutions for complex projects in Saudi Arabia. Our expertise across diverse trades and strategic partnerships ensures efficient project delivery and prioritizes client satisfaction.

**Job Purpose:**

The primary purpose of the Internal Audit Supervisor role is to support the achievement of Internal Audit objectives. This includes developing the Audit Universe and Internal Audit Plan, leading internal audits, conducting special assignments, and reporting findings. The responsibilities associated with this role involve overseeing daily audit activities, monitoring engagement execution and budgets, supervising the team, providing on-the-job training, coordinating with stakeholders, ensuring compliance with manual and professional standards, and assisting the Chief Audit Officer (CAO) in reporting to Senior Management and the Audit Committee (AC).

**Responsibilities and Accountabilities:**

1. Audit Planning and Development:
- Support the Chief Audit Officer in developing and periodically reviewing the Audit Universe and recommending changes.
- Prepare, periodically review, and update risk registers for Auditable Units based on the evolving risk profile.

2. Audit Plan Preparation:
- Provide necessary support to the Chief Audit Officer in the preparation of the Annual Audit Plan and 3-years Internal Audit Plan.

3. Engagement Coordination:
- Coordinate with the Chief Audit Officer for establishing engagement objectives, scope, milestones, etc.
- Monitor engagement budgets and conduct variance analysis in coordination with the Chief Audit Officer.

4. Engagement Planning and Execution:
- Prepare engagement plans, including Audit Planning Memo and Kick-off documents, to facilitate the engagement planning process.
- Conduct preliminary reviews and brainstorming sessions for effective planning and execution of the audit.

5. Audit Progress Monitoring:
- Provide periodic status updates on engagement progress to auditees/stakeholders, as required.
- Review audit programs and working papers prepared by the audit team.

6. Engagement Closure:
- Ensure engagements are closed appropriately as per approved policies and procedures, including satisfactory resolution of all review queries.
- Discuss and finalize Management Action Plans with auditees.

7. Follow-Up Audits:
- Conduct follow-up audits and coordinate with auditees/relevant stakeholders for monitoring the implementation status of the management action plan.

8. Policy and Procedure Management:
- Circulate and explain new/revised audit charters to business managers and auditors.
- Conduct periodic internal assessments of Internal Audit as per the quality assurance and improvement program.
- Review Internal Audit policies and procedures, ensuring they are updated, approved, and circulated to relevant stakeholders.



- Education:
- Bachelor's Degree in Accounting, Finance, or any relevant field.

- Certification:
- Relevant Professional Certificate (CPA, CMA, ACCA, CIA, CA, etc.).

- Experience:
- Minimum of 5 years in the field of Internal Audit.

- Language:
- Proficiency in verbal and written English.

- Key Skills:
- Problem Solving, Analytical Skills, Continuous Improvement, Auditing, Microsoft Office, Communication.

If you are an experienced Internal Audit professional with a passion for ensuring financial transparency and operational excellence, we invite you to apply for the Internal Audit Supervisor position at MBL. Join our team and contribute to the success of our construction projects.

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