Title:  Internal Audit Manager

Core Job Information

Job Title

Internal Audit Manager

Department

Internal Audit (New)

Location

Head Office

Sub-department

Band / Level

17

Reports To

(Job title/Band)

Functionally reports to the Audit & Risk Committee (quarterly and ad-hoc updates), and administratively to the CEO for operational alignment.

Direct Reports

 (if any)

Internal Auditors

Job Summary

The Internal Audit Manager is responsible for establishing and managing the Company’s Internal Audit function. The role provides independent assurance and practical advice to strengthen governance, risk management, and internal controls. The manager develops and executes a risk-based annual audit plan aligned with the Company’s strategy and IIA Standards. They work closely with the Audit & Risk Committee, senior management, and the Risk Management team to identify key risks, improve controls, and promote accountability. The role oversees the planning and delivery of audit engagements, ensuring quality and timeliness, while coordinating with Al Muhaidib Group Internal Audit to align methodologies and reporting. The role also focuses on building a proactive internal control culture, developing audit capabilities, applying data-driven insights, and supporting governance across subsidiaries where applicable.

Job Responsibilities

Key Area

Key Responsibilities

Organizational Leadership

• Accountable for supporting the achievement of strategic objectives:

• Provide a clear and independent opinion on the effectiveness of Corporate     Governance, Risk Management, and Internal Control systems across the Company and its operating subsidiaries.
• Serve as a trusted advisor to senior management, offering insights and recommendations to strengthen governance and operational performance.

• Accountable for development and management of the Audit Function:

• Design and implement the Internal Audit framework, policies, procedures, and reporting protocols from inception, ensuring alignment with Group Internal Audit and Audit & Risk Committee (ARC) expectations, including structure, staffing plan, and budget.
• Develop a risk-based annual audit plan, obtain approval from the ARC, and ensure timely, high-quality completion of planned audit engagements.
• Conduct audits and reviews in a professional manner that minimizes disruption to operational areas.
• Prepare and present periodic reports to the ARC on audit outcomes, key risk trends, and emerging issues.
• Establish and maintain a fit-for-purpose audit methodology, strategy, and implementation framework tailored to the organization’s needs.
• Develop, obtain approval for, and maintain the Internal Audit Charter in line with the IIA Standards and the Company’s strategic objectives.

IA Annual Plan Execution

• Accountable for the delivery of annual audit plans:

• Assign audits to team members that leverage skills and expertise, play to team strengths or meet development needs.
• Agree activity schedules and management of the staff planning to ensure full resource utilization throughout the year.
• Deliver quality audits within agreed timelines, overcoming obstacles, proactively managing project risks, finding solutions and taking initiatives to meet commitments.
• Ensure that audit findings and recommendations are communicated clearly and constructively, and that management action plans are tracked to timely completion.
• Monitor and report on the status of high-risk issues, ensuring appropriate remediation and escalation to the ARC where necessary.

• Leverage data and data analytics tools to identify trends and potential areas of risk or improvement within business operations.
• Utilize technology to enhance audit coverage, improve efficiency and strengthen audit practices.

Stakeholder Management

• Accountable for the maintenance and strengthening of stakeholder relationships

• Develop a deep understanding of the business, its key drivers, and the overall risk environment.
• Regularly engage with senior leaders in the business to understand their needs and gain their perspective.
• Communicate and influence effectively, demonstrating strategic insight, commercial acumen, and professional credibility.
• Work in close coordination with the Risk Management Department to ensure alignment between risk assessment, mitigation, and audit activities.
• Foster partnership and trust-based relationships with business leaders to encourage collaboration and shared accountability
• Articulate the relevance of the audit work to the business and how it fits in with the Company’s priorities and what benefits or leverage it adds.
• Build and maintain strong relationships with the ARC, providing balanced assurance, meaningful risk insights, and advisory input.
• Liaise with Al Muhaidib Group Internal Audit, external auditors, and other assurance providers to ensure a coordinated assurance approach and minimize duplication of effort.
• Liaise with subsidiary companies to promote coordination, knowledge sharing, and a consistent audit and risk-aware culture across the group, and serve as a member of the subsidiaries’ Audit Committees where designated.

Team Management

• Accountable for building, leading and developing the Audit team:

• Establish and manage a high-performing internal audit team, ensuring clear roles, responsibilities, and performance expectations.
• Provide leadership, coaching, and mentoring to foster professional growth, technical expertise, and ethical conduct in line with IIA standards.
• Give direction and leadership towards the achievement of the department’s strategy, annual goals and objectives.
• Responsible for hiring, learning, career development, leave management, performance management, and professional concerns department employees.

Key Result Areas (KRAs)

• Accountable for development and implementation of Audit Plan.
• Accountable for delivery and quality of annual audit plans within budget.
• Accountable for providing assurance and advisory insights on the effectiveness of internal control systems.
• Accountable for maintenance of strong stakeholder relationships.
• Accountable for team leadership and performance.

Key Interfaces of the role

Internal Interface

• Executives
• Department Heads
• Enterprise Risk Team
• Audit & Risk committee members

External Interface

• Al Muhaidib Group Internal Audit
• External Auditors
• Subsidiaries

Key Competencies

Technical Competencies

• Knowledge & practical Application of Internal Auditing standards and audit methodologies.
• Strong understanding of risk-based auditing, internal control frameworks and governance processes.
• Working Knowledge of IFRS Standards.
• Strong Financial and Operational Analysis Skills.
• Familiarity with risk management frameworks and their integration with audit activities.

• Data Analytics and Visualization (ACL, Power BI, or equivalent)

Professional Competencies

• Effective Communication.
• Emotional Intelligence.
• Professional Courage and Independence.
• Attention to Details.
• Analytical and Critical Thinking (Problem Solving)
• Time Management.
• Ownership and Accountability.

• People Development.

Job Specification

Essential Requirements

Desirable Attributes

Educational Qualifications

• Bachelor’s Degree.
• CIA (Certified Internal Auditor).

• Professional Certifications such as CA/CPA/ACCA/CISA.

Experience

• Minimum 8 - 10 years of experience in handling Audits in the GCC.

Any Others

• Proficiency in written and verbal Arabic and English.