Senior Internal Auditor

Matar Al Baqmi Holding Company; Dammam; On-site; SAR 90,000 - 170,000; Full time

Job summary

Matar Al Baqmi Holding Company seeks an experienced Internal Auditor to strengthen our internal audit function. The candidate will perform financial audits, assess risk, ensure compliance with regulations, and review internal controls across departments.

Ideal applicants have 3–5 years in internal auditing, preferably with a Big 4 background, and possess CPA/CIA/CISA or equivalent certifications. Strong analytical and communication skills are essential.

Qualifications

• Bachelor’s degree in a relevant field is required or preferred.
• 3–5 years of internal auditing experience, Big 4 experience preferred.
• Understanding of GAAP/IFRS and regulatory frameworks.
• Experience with audit software and risk-based auditing approaches.
• Strong communication and analytical skills.

Responsibilities

• Perform internal audits to evaluate internal controls, reporting, and compliance.
• Plan and execute risk-based audits to identify gaps and improvements.
• Review budgeting, accounting, and financial reporting processes.
• Ensure compliance with regulations and internal policies.
• Prepare and present audit reports with findings and recommendations.
• Collaborate on corrective action plans and monitor implementation.
• Support external audits with necessary documentation.
• Conduct follow-up audits to verify improvements.
• Assist in special investigations and stay updated on standards.
• Provide risk management and internal control advisory across departments.

Skills

Risk assessment

Internal controls

Audit reporting

Compliance

Budgeting & accounting

Data analysis

Communication

Bilingual English/Arabic

Education

Bachelor's degree in Accounting/Finance/Business

CIA/CPA/CISA desirable

Tools

ACL

IDEA

ERP systems

Job description

Job Purpose

We are seeking a highly skilled Internal Auditor with a background from a Big 4 accounting firm to join our internal audit team. The ideal candidate will bring their experience in financial auditing, risk assessment, compliance, and control processes to ensure the company’s operations are effective, efficient, and in line with both internal and regulatory standards. This role offers opportunities for growth and a chance to contribute to the company’s strategic objectives through thorough and insightful audits.

Accountabilities

• Perform internal audits to evaluate the effectiveness of the company’s internal controls, financial reporting processes, and compliance with laws and regulations.
• Assist in planning and executing risk-based audits to assess business risks, control gaps, and recommend solutions for improvement.
• Review and assess the company’s internal financial controls, including budgeting, accounting, and reporting processes.
• Ensure compliance with industry regulations, corporate policies, and international auditing standards.
• Evaluate the efficiency and effectiveness of operations, identifying areas of potential cost savings, process improvements, and risk mitigation.
• Prepare and present clear and comprehensive audit reports with findings, recommendations, and management responses.
• Collaborate with management to develop and monitor the implementation of corrective action plans to address audit findings.
• Support the external audit process, providing documentation and assistance when required.
• Conduct follow-up audits to ensure the implementation of corrective actions and improvements.
• Assist in special investigations into fraud, misconduct, or other potential financial irregularities.
• stay updated on the latest auditing standards, best practices, and industry regulations to ensure the company’s internal audit functions remain effective.
• Provide advice on risk management and internal control best practices to various departments. Prepare and submit regular reports on hatchery performance, including hatchability rates, chick quality, and operational issues.
• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Certification such as CIA (Certified Internal Auditor), CPA (Certified Public Accountant), or CISA (Certified Information Systems Auditor) is highly desirable.
• Strong understanding of internal controls, financial systems, and auditing standards.
• 3-5 years of internal auditing experience, preferably with a Big 4 firm or in a similar professional auditing role.
• Audit Expertise (Big 4 Background): Solid experience in financial auditing, internal controls, and risk management gained in a Big 4 firm environment.
• Solid experience in financial auditing, internal controls, and risk management gained in a Big 4 firm environment.
• Regulatory Knowledge: Strong understanding of GAAP, IFRS, and other regulatory frameworks applicable to the industry.
• Analytical Thinking: Ability to analyze complex financial data, identify trends, and draw conclusions.
• Risk Assessment: Expertise in identifying, assessing, and mitigating financial and operational risks.
• Audit Software Proficiency: Familiarity with audit management software (e.g., ACL, IDEA, or other ERP systems).
• Communication Skills: Strong ability to communicate audit findings and recommendations clearly and effectively to management and other stakeholders.
• Problem-Solving: Ability to develop actionable, cost-effective solutions to address identified risks and control deficiencies.
• Attention to Detail: High level of attention to detail and accuracy in audit work and reporting.
• Project Management: Strong ability to manage multiple audit projects and meet deadlines efficiently.
• Bilingual Communication: Proficiency in English and Arabic for effective communication with diverse teams and stakeholders.