Job Description: Internal Auditor

Company: BIAC

BIAC is a subsidiary of the Saudi Technology Development and Investment Company (TAQNIA), which is wholly owned by the Public Investment Fund (PIF). Our mission is to enable innovation in the Kingdom of Saudi Arabia by facilitating the development of the innovation environment, technology transfer, and providing business support services to both public and private sectors.

Position Overview

We are seeking a detail-oriented and experienced Internal Auditor to join our team in Riyadh, Saudi Arabia. The ideal candidate will have a strong background in auditing practices, risk management, and financial analysis. This full-time position offers a competitive salary and benefits.

Job Responsibilities

Conduct internal audits to assess the effectiveness of internal controls, compliance with laws and regulations, and the accuracy of financial records.
Evaluate the reliability and integrity of financial and operational information.
Identify areas for improvement and provide actionable recommendations to enhance operational efficiency and risk management practices.
Collaborate with various departments to develop audit plans and timelines.
Prepare detailed audit reports that document findings, conclusions, and recommendations.
Monitor and follow up on the implementation of audit recommendations to ensure accountability.
Assist in the development of annual audit plans based on risk assessments.
Stay updated on industry best practices and regulatory changes affecting audits and compliance.
Participate in special projects and investigations as required.

Essential Qualifications

Bachelor's Degree in Accounting, Finance, Business Administration, or a related field.
Relevant certifications such as CPA, CIA, or equivalent are preferred.

Desired Experience

Minimum of 4 years and a maximum of 8 years of experience in internal auditing or related fields.
Proven knowledge of auditing standards and practices, risk assessment methods, and internal control frameworks.
Experience in financial analysis and reporting.
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills to effectively collaborate with team members and stakeholders.

Salary & Benefits

The position offers a competitive salary. In addition, BIAC provides a comprehensive benefits package that includes:

Health insurance
Retirement plans
Paid time off
Professional development opportunities

Location

This position is based in Riyadh, Saudi Arabia.

Internal Audit Head