Head – Internal Audit MB Informatics

The Corporate Institute; Muscat; On-site; OMR 20,000 - 32,000; Full time

Job summary

The Corporate Institute is seeking an experienced Head of Internal Audit to lead governance, risk management, and internal controls across the Group. You will design risk-based annual plans, oversee audits, and provide independent assurance to the Board and Audit Committee.

The role focuses on strategic advisory, fraud prevention, and strengthening the control environment, with leadership of a high-performance audit team. This is a senior, on-site role based in Oman.

Responsibilities

• Lead the Internal Audit function with strategic leadership, governance, risk management and internal controls across the Group.
• Direct and oversee operational, financial, compliance, IT, and project audits across all Group entities.
• Develop and execute an annual risk-based audit plan aligned with key organizational risks.
• Provide independent assurance to the Board, Audit Committee, and executive management on effectiveness of governance and controls.
• Lead fraud investigations, special reviews, and management-requested assignments with confidentiality.
• Monitor implementation of audit recommendations and ensure timely closure of findings.

Job description

Key Responsibilities & Accountabilities

Strategic Leadership & Governance:

• Develop, implement, and maintain the Group Internal Audit Charter, policies, procedures, and audit methodologies in line with IPPF, IIA standards, and best industry practices.
• Prepare and execute the annual risk-based audit plan covering all business units, subsidiaries, joint ventures, and support functions across the Group.
• Provide independent assurance to the Board, Audit Committee, Shareholders, and Executive Management on the adequacy and effectiveness of governance, risk management, and internal control frameworks.
• Act as a strategic advisor to management on emerging risks, business process improvements, governance practices, fraud prevention, and regulatory compliance requirements.
• Lead the development of enterprise-wide risk assessment processes and ensure audit priorities align with key organizational risks and strategic objectives.

Audit Management & Oversight:

• Direct and oversee operational, financial, compliance, IT, project, and special audits across all Group entities.
• Ensure audit assignments are adequately planned, supervised, documented, executed, and completed within agreed timelines while maintaining the highest professional standards.
• Review and approve audit programs, working papers, risk assessments, observations, and audit conclusions prepared by the audit team.
• Ensure audit findings are supported by sufficient evidence and communicated effectively to management through clear and actionable recommendations.
• Review and approve final audit reports and present significant findings, risks, and recommendations to senior management and the Audit Committee.
• Monitor implementation of audit recommendations and follow up on outstanding actions to ensure timely closure of identified control deficiencies.

Risk Management & Internal Controls:

• Evaluate the effectiveness of financial, operational, and compliance controls across the organization and identify opportunities for improvement.
• Assess strategic, operational, financial, regulatory, cybersecurity, and reputational risks and provide recommendations for mitigation.
• Ensure adequate controls exist to safeguard company assets, prevent fraud, reduce operational risks, and improve business efficiency.
• Lead fraud investigations, special reviews, whistleblower investigations, and management-requested assignments while maintaining confidentiality and professional integrity.
• Review the effectiveness of business continuity, disaster recovery, crisis management, and corporate governance frameworks.

Compliance & Regulatory Assurance:

• Ensure compliance with applicable laws, regulations, shareholder directives, corporate policies, and industry standards.
• Monitor regulatory changes and assess their impact on business operations, governance, and compliance requirements.
• Coordinate with external auditors, regulators, government authorities, and other assurance providers where necessary.
• Provide assurance regarding the adequacy and effectiveness of compliance management systems across the Group.

Leadership & People Management:

• Lead, mentor, coach, and develop the Internal Audit team to build a high-performance audit function.
• Establish performance objectives and professional development plans for audit staff.
• Promote a culture of ethics, accountability, transparency, continuous improvement, and risk awareness throughout the organization.
• Ensure audit resources are effectively allocated and utilized to maximize audit coverage and value.

Reporting & Stakeholder Management:

• Maintain effective working relationships with senior management, shareholders, department heads, and external stakeholders.
• Periodically report audit performance, key risk indicators, significant findings, and internal control trends to the Board and Audit Committee.
• Support management in developing corrective action plans and strengthening the overall control environment.
• Represent the Internal Audit function in executive meetings, governance forums, and strategic business discussions as required.