Senior Internal Audit Specialist

Role Overview

This full-time, on-site position in Riyadh sits within the internal audit function of Alomar Holding Company and its subsidiaries. The role reports functionally to the Audit Committee and calls for a professional who can work independently, apply sound judgment, and maintain a strong focus on detail.

Key Responsibilities

• Carry out approved internal audit reviews based on risk priorities across the holding company and its subsidiary businesses.
• Examine financial, operational, procurement, HR, project, and compliance activities.
• Evaluate whether internal controls, approval routes, delegated authority limits, policies, and procedures are properly designed and working effectively.
• Review payment processes, purchasing activities, contracts, vendor onboarding, receivables, payroll, fixed assets, stock, and cash handling.
• Assess project governance and controls, including budgets, BOQs, scope variations, contractor payments, tender evaluations, budget overruns, and project records.
• Spot control weaknesses, policy or compliance violations, financial exposure, operational inefficiencies, and signs of possible fraud.
• Prepare audit workpapers, evidence folders, observations, risk ratings, root-cause analysis, and recommended corrective measures.
• Develop concise audit reports and presentations for management and the Audit Committee.
• Track audit issues and follow up with relevant teams until corrective actions are fully closed.
• Assist with investigations involving suspected fraud, policy breaches, conflicts of interest, or financial irregularities.
• Contribute to the annual audit plan, audit universe, risk assessments, and recurring Audit Committee updates.
• Preserve confidentiality, objectivity, and professional skepticism throughout all engagements.

Requirements

• A bachelor's degree in Accounting, Finance, Internal Audit, Business Administration, or a closely related discipline.
• At least 5 years of relevant experience in internal audit, external audit, risk, compliance, or financial controls.
• At least 2 years of hands-on internal audit experience.
• Practical exposure to auditing financial controls, procurement, payment cycles, contracts, payroll, and operational workflows.
• Solid knowledge of internal control frameworks, risk assessment, audit documentation, and audit reporting.
• Advanced Excel capability.
• Professional-level English communication.
• Eligibility to work in Saudi Arabia.
• Preferred: CIA, SOCPA, CPA, ACCA, CISA, or CRMA certification, or active progress toward one of these credentials.
• Preferred: Experience auditing multi-entity environments, subsidiaries, or group structures.
• Preferred: Background in real estate, construction, contracting, investment, or diversified holding companies.
• Preferred: Familiarity with ERP platforms such as Odoo, SAP, Oracle, Microsoft Dynamics, or similar systems.
• Preferred: Working knowledge of Saudi compliance requirements, VAT, ZATCA controls, and corporate governance practices.
• Preferred: Arabic language proficiency.
• Preferred: Ability to start within 30 to 60 days.

Additional Information

Reporting line: functionally to the Audit Committee. Location: Riyadh, Saudi Arabia. Employment type: full-time, on-site.

What the Role Calls For

• The ability to run audits independently while staying objective and escalating major concerns appropriately.
• Strong report drafting, documentation, and stakeholder communication skills, including the preparation of evidence-based audit reports, presentations, and follow-up updates for senior leadership and the Audit Committee.
• Confidence in presenting major audit findings, control gaps, high-risk matters, and overdue corrective actions to the Audit Committee.
• Comfort in working with CEOs, CFOs, and teams across finance, procurement, HR, operations, projects, and subsidiary management to gather evidence and monitor remediation.