Audit Manager

Azizia Panda United Inc.; Jeddah; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading company in the retail sector seeks an Audit Manager to oversee financial and operational audits. The successful candidate will be responsible for ensuring compliance with standards, leading a team of auditors, and communicating findings effectively to management. Candidates should have a strong background in audit practices with a commitment to operational excellence.

Qualifications

• Experienced in managing audits and compliance in retail or similar sectors.
• Strong analytical skills with a focus on operational effectiveness.
• Ability to communicate findings clearly to executive leadership.

Responsibilities

• Develop comprehensive audit plans for operational and compliance audits.
• Lead audits end-to-end, scoping, testing, and reporting.
• Mentor junior auditors and promote a culture of improvement.

Skills

Audit Planning

Risk Assessment

Team Leadership

Stakeholder Engagement

Compliance Knowledge

Education

Bachelor's degree in Accounting or Finance

Professional certification (CIA, CPA)

Job description

Job Purpose

To manage and deliver operational and financial audit projects within agreed timelines and in line with established audit guidelines, ensuring that all significant risks are identified, assessed, and addressed by management with a high level of efficiency and effectiveness. This role is responsible for supporting the Head of Audit in maintaining a robust and effective system of internal controls across the organization. All duties are to be performed in accordance with recognized professional auditing standards and internal policies, with a focus on promoting operational excellence, compliance, and risk mitigation.

Audit Planning & Execution

• Develop comprehensive audit plans covering operational, financial and compliance audits.

• Perform risk assessments to identify key areas for audit focus.

• Lead audits end-to-end, including scoping, fieldwork, testing, reporting, and follow-up.

• Assess adequacy and effectiveness of internal controls, recommending improvements where needed.

• Coordinate with cross-functional teams to gain an understanding of key business processes and risks.

Team Leadership & Development

• Lead and mentor a team of auditors or junior staff.

• Assign responsibilities, monitor progress, and provide performance feedback and coaching.

• Promote a culture of continuous improvement, knowledge sharing, and professional development within the team.

Stakeholder Engagement

• Communicate audit findings and recommendations clearly to senior management and stakeholders.

• Build strong relationships with business units to foster collaboration and enhance the value of audit engagements.

• Present audit reports to executive leadership and follow up on remediation plans.

Compliance & Governance

• Ensure audits comply with internal standards, professional standards (e.g., IIA), applicable laws and regulations and internal audit manual.

• Assist in the development and maintenance of internal audit policies and procedures.

Operational & Retail-Specific Audits

• Review store operations, cash handling, stock management, pricing, promotions, shrinkage, and customer transactions.

• Audit supply chain and logistics operations including warehouses, inventory systems, and distribution centers.

• Analyze financial data and operational KPIs to identify inefficiencies, losses, or control gaps specific to retail and supermarket business.

Other Requirements

Willingness to travel to store locations, distribution centers, or offices across regions (up to 20%).

Ability to work under pressure and adapt to changing priorities in a fast-paced retail environment.