Internal Auditor

About the role

Arab Invest is seeking an experienced Internal Auditor to execute the annual audit plan, analyse data, and prepare audit reports that ensure compliance with regulations, policies, and procedures.

Key responsibilities

• Conduct periodic and ad‑hoc audits in line with the annual audit plan.
• Lead end‑to‑end internal audit assignments (planning, execution, reporting, follow‑up).
• Develop risk and control matrices, process maps, and test programs aligned with COSO and IPPF standards.
• Perform special reviews, investigations, and due‑diligence support as required.
• Evaluate internal controls, identify weaknesses, and recommend improvements.
• Review financial transactions for reliability, integrity, and accuracy.
• Execute data‑driven testing using analytical procedures, sampling, and basic data analytics.
• Prepare detailed audit reports with findings, implications, and recommendations.
• Monitor implementation of audit recommendations and conduct follow‑ups.
• Facilitate external audits and manage stakeholder relationships during the audit process.

Required profile

• Bachelor’s degree in Finance, Accounting, Business Administration or a related field.
• Certified CPA, CA or CIA.
• Minimum 5 years of experience in internal auditing within the investment industry.
• Working knowledge of IIA IPPF/Standards, COSO, basic COBIT, and KSA regulatory context (investment funds, listed companies, SAMA rules).
• Strong teamwork, integrity, stakeholder focus, and accountability.

Required skills

• Internal audit methodology
• Risk and control matrix development
• COSO framework
• IIA IPPF standards
• Basic COBIT knowledge
• Data analytics, analytical procedures, sampling
• Financial transaction review
• Audit reporting