Internal Auditor

About the role

Arab Invest is seeking an Internal Auditor to execute the annual audit plan, perform allocated audits, analyse data and prepare audit reports, ensuring 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 and follow‑up).
• Develop risk and control matrices, process maps and test programs aligned to COSO and IPPF standards.
• Perform special reviews, investigations and due‑diligence support as required.
• Evaluate internal controls, identify weaknesses, risks and inefficiencies.
• 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 of 5 years 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).

Required skills

• Audit planning, reporting and execution.
• Development and evaluation of risk and control matrices.
• Record review and financial transaction analysis.
• Analytical procedures, sampling and basic data analytics.
• Knowledge of IIA IPPF, COSO and COBIT frameworks.