Head Of Audit

 

Description:

Strategic Leadership:

  • Develop and implement a comprehensive audit strategy aligned with the company’s overall objectives and risk management framework.
  • Collaborate with senior leadership to integrate audit insights into strategic decision-making.
  • Drive continuous improvement initiatives by adopting industry best practices and emerging audit methodologies.

Audit Planning & Execution:

  • Oversee the development and execution of a risk-based audit plan covering financial, operational, and IT systems.
  • Ensure the effective execution of all audit engagements from planning through to reporting and follow-up on corrective actions.
  • Maintain comprehensive audit documentation and ensure adherence to internal policies and regulatory standards.

Risk Management & Compliance:

  • Identify, assess, and monitor potential risks across the organization, ensuring effective control measures are in place.
  • Lead in-depth investigations into audit findings and recommend practical solutions for process improvements.
  • Ensure compliance with local and international regulations, internal control frameworks, and professional audit guidelines.

Team Development:

  • Build, lead, and mentor a high-performing audit team, fostering a culture of integrity, accountability, and continuous learning.
  • Provide regular training and development opportunities to keep the team updated with the latest audit techniques and regulatory changes.
  • Set clear performance objectives and monitor progress, ensuring each team member achieves their full potential.

Technology and Innovation:

  • Identify and implement advanced audit tools and digital solutions to enhance audit efficiency and effectiveness.
  • Leverage data analytics and automation to streamline audit processes and improve risk assessments.
  • Stay informed on industry trends and technological advancements to maintain a competitive edge in audit practices.

Stakeholder Engagement:

  • Act as a trusted advisor to the CEO, CFO, and senior management by providing insightful audit findings and recommendations.
  • Effectively communicate audit outcomes to stakeholders, ensuring clarity and actionable insights.
  • Coordinate with external auditors and regulatory bodies to facilitate audits and resolve compliance issues.

Qualifications and Experience:

  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field; an MBA or equivalent advanced degree is preferred.
  • Minimum of 20 years of experience in audit, risk management, or internal controls, with at least 7 years in a leadership role, preferably within the real estate industry.
  • Proven track record in driving audit transformation, managing cross-functional teams, and implementing robust internal control frameworks.
  • Candidates must be Saudi Arabian nationals.

Skills and Competencies:

  • Strategic thinking and strong analytical problem-solving skills.
  • Exceptional leadership and team-building abilities with a focus on continuous improvement.
  • Excellent communication, negotiation, and stakeholder management skills.
  • In-depth knowledge of regulatory and compliance requirements in the real estate industry.
  • Proficiency in modern audit technology solutions, data analytics, and process automation tools.

Organization The Management Recruitment Group (MRG)
Industry Accounting / Finance / Audit Jobs
Occupational Category Head of Audit
Job Location Riyadh,Saudi Arabia
Shift Type Morning
Job Type Full Time
Gender No Preference
Career Level Intermediate
Experience 2 Years
Posted at 2025-02-20 4:53 pm
Expires on 2025-05-21