Internal Control Manager

Role Overview

MOBCO Group is looking for a seasoned Internal Control Manager to oversee and enhance the internal control systems within its construction and contracting divisions. The role focuses on strengthening governance, managing risks, ensuring compliance, improving operational effectiveness, and protecting company assets.

Key Duties

• Create, apply, and continually refine internal control procedures across both corporate offices and project locations.
• Assess the adequacy of financial, operational, procurement, commercial, and project-related controls to verify adherence to company policies and relevant laws.
• Perform ongoing risk evaluations identifying operational, financial, and compliance vulnerabilities within business units and construction projects.
• Examine processes related to procurement, subcontractor oversight, contract management, project cost control, inventory, payroll, and fixed assets to guarantee strong internal controls.
• Spot control weaknesses and provide actionable recommendations to reduce risks and enhance efficiency.
• Work alongside internal and external auditors to facilitate timely execution of their recommendations.
• Ensure compliance with organizational policies, contractual terms, regulatory requirements in Saudi Arabia, and standards for financial reporting.
• Develop and upkeep internal control manuals, procedural guides, and standard operating procedures.
• Lead inquiries into violations such as control breaches, policy infractions, or suspected fraud, suggesting corrective and preventive measures.
• Compile regular reports on internal controls and risk assessments for executive leadership, emphasizing critical observations and areas for enhancement.
• Collaborate with departments including Finance, Procurement, Commercial, Human Resources, Operations, and Project Management to fortify governance and operational workflows.
• Foster a culture that values accountability, transparency, ethical behavior, and relentless progress within the company.
• Guide, support, and develop the internal control team, promoting best practices throughout the enterprise.

Qualifications and Experience

• Bachelor's degree in fields such as Accounting, Finance, Business Administration, or a related discipline.
• Professional certifications including CIA, CPA, ACCA, CMA, CRMA, or CISA are strongly preferred.
• At least 15 years’ experience in internal control, auditing, risk management, or corporate governance.
• Mandatory work history within construction or contracting industry settings.
• Deep understanding of COSO internal control frameworks, enterprise risk management (ERM), IFRS standards, and principles of corporate governance.
• Practical experience with ERP platforms like Oracle, SAP, Microsoft Dynamics, or equivalents.
• Comprehensive knowledge of construction project controls, procurement policies, commercial oversight, contract management, and financial governance for projects.
• Excellent analytical aptitude, problem-solving skills, leadership qualities, communication skills, and ability to manage stakeholders effectively.
• Demonstrated capability to lead cross-departmental teams and implement process improvements in a dynamic contracting environment.
• A strong ethical compass, maintaining confidentiality and professionalism.