Internal Audit Manager

About the Company

SiFi is an expanding B2B fintech business that is reshaping how companies in Saudi Arabia handle expense management. Operating as a licensed EMI under the Saudi Central Bank, the company builds tools that help organizations manage finance more efficiently.

Role Overview

The Internal Audit Manager will lead coordination and oversight of internal audit work, using support from a dedicated audit firm to improve internal controls and make sure regulatory obligations are met. The role focuses on spotting risk exposures, suggesting better processes, and tracking corrective actions to strengthen governance and risk management.

Key Responsibilities

You will be responsible for building a risk-focused audit approach, working with an external audit partner, reviewing control effectiveness, supporting compliance reporting, and partnering with internal teams to promote strong risk awareness across the business.

Audit Planning and Coordination

• Create and update a risk-based internal audit roadmap that stays aligned with regulatory expectations and accepted industry practice.
• Partner with a specialist external audit firm to design and carry out audit assignments covering financial, operational, and compliance activities.
• Manage the timing, scope, and resourcing for each audit engagement.

Risk Review and Control Assessment

• Work alongside the external audit firm and internal teams to identify and assess major risks across business areas such as product, operations, and IT security.
• Evaluate whether existing controls, policies, and procedures are sufficient and efficient, and suggest improvements where needed.
• Track management follow-up actions and confirm that audit findings are resolved in a timely and effective way.

Regulatory Compliance and Reporting

• Keep up to date with changing regulations and guidance that affect fintech activities.
• Prepare and review audit reports with the external firm, highlighting findings, conclusions, and recommendations for senior leadership and, where needed, the Board or Audit Committee.
• Support communication with external auditors and regulators to maintain a transparent and proactive compliance posture.

Stakeholder Communication

• Build productive working relationships with Finance, Operations, Compliance, and IT Security teams to encourage a culture of risk awareness and ongoing improvement.
• Present audit goals, scope, results, and recommendations in a clear and practical way to internal stakeholders.
• Serve as the link between the external audit firm and internal departments to ensure smooth collaboration and effective knowledge sharing.

Requirements

• A bachelor’s degree in Accounting, Finance, Business Administration, or a closely related discipline.
• Between 3 and 5 years of experience in internal audit, risk management, or compliance, ideally in a regulated financial services or fintech setting.
• Solid knowledge of internal control frameworks, risk assessment methods, and relevant regulatory requirements.
• Strong analytical ability, structured problem-solving skills, and sound critical thinking.
• Good communication and presentation skills with the ability to explain complex issues clearly.
• Self-driven, attentive to detail, and comfortable working independently without direct reports.
• Demonstrated ability to coordinate with external vendors and internal stakeholders in a fast-moving environment.
• Professional certifications such as CIA, CPA, or CISA are an advantage.
• Applicants must be Saudi nationals only.

Additional Information

This is a full-time onsite role based in Riyadh, Saudi Arabia.