Senior Auditor

Waed Ventures; Eastern Province; On-site; SAR 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Senior Auditor to lead complex audits and enhance risk management processes. This role involves planning and executing audits across various operational areas, including finance and human resources. The ideal candidate will have over 7 years of experience and a strong background in evaluating internal controls and compliance. You'll be responsible for guiding a team of auditors, ensuring effective audit practices, and presenting findings to management. Join a dynamic environment where your expertise will contribute to the organization's governance and operational excellence.

Qualifications

• 7+ years of experience in auditing with strong knowledge of risk management.
• Professional certifications such as CIA, CFE, CPA, SOCPA, or CISA preferred.

Responsibilities

• Plan and execute audits to assess risk management and internal controls.
• Lead audit teams and present findings to management for corrective actions.

Skills

Audit Planning

Risk Management

Financial Analysis

Control Evaluation

Staff Training and Mentorship

Education

Bachelor of Science in Accounting, Finance, Law, Engineering, IT, or Business Management

Tools

Audit Software

Job description

In-charge of complex organizational/entity audits, to improve the effectiveness of risk management, control and governance processes. Plans and executes audits in accordance with accepted standards, as well as prepares formal written reports expressing their opinion on the auditable entity's system of internal controls.

Assigned audits include reviews of the Company's key operating activities such as venture capital (VC), innovation ecosystem and venture growth. In addition, reviews of operation support services such as Finance, Human Resources and Procurement. The audit scope includes reviewing the design and operating effectiveness of the auditable entity's policies and procedures, and assessing compliance with laws, regulations, and formal agreements.

Key Responsibilities:

1. Performs the audit planning by understanding the auditable entity's business objectives, identifying risks, scoping the audit and recommending necessary staff required to complete the audit. Determines the audit program and auditing procedures to be used, including sampling methodology.
2. Identifies the key controls of the auditable entity and evaluates the effectiveness of the financial and operations systems through an understanding of auditing techniques.
3. Leads staff assistants assigned to the audit and reviews their work to ensure they are effective, consistent with the audit scope and accurate before making oral or written presentations to management to discuss control deficiencies, recommendations and corrective actions to improve operations and reduce cost.
4. Evaluates the adequacy and effectiveness of the management controls over activities audited and drafts audit observations on control deficiencies identified. Drafts the final audit report for the auditable entity.
5. Plans and executes ad-hoc reviews at the request of management.
6. Evaluates the performance and capabilities of the assistants supporting the audit.
7. Provides training, coaching and mentorship to Internal Auditing staff in the application of audit standards, best-practices, and risk assessments.

Qualifications and General Competencies:

• Bachelor of Science in disciplines such as Accounting, Finance, Law, Engineering, Information Technology and Business Management.
• Minimum Experience Required: 7 Years.
• Professional Certifications such as CIA, CFE, CPA, SOCPA and CISA are preferred.

Company Industry:

• Banking
• Broking

Department / Functional Area:

• Accounts
• Taxation
• Audit
• Company Secretary

Keywords:

• Senior Auditor