Job Description

Position Overview: The Governance and Internal Audit Manager is a key management position in a THARWAH operating in Saudi Arabia. This role is responsible for providing strategic vision and guidance for THARWAHs internal audit and governance functions. It requires a minimum of 8 years of experience in the field of internal audit and governance.

Responsibilities:

Develop and implement the overall internal audit and governance strategy for the THARWAH, including defining key objectives and setting strategic plans to achieve them.

Evaluate and enhance the internal control system, procedures, and policies related to internal audit and governance, ensuring compliance with local and international laws and regulations.

Develop and execute annual and monthly internal audit and governance programs, identifying priorities and sensitive areas for review.

Manage and lead the internal audit team, including overseeing day-to-day operations, evaluating performance, developing, and mentoring staff, and providing guidance and training on the necessary skills for efficient task execution.

Conduct internal audit and governance reviews to verify the compliance of operations and procedures with approved standards and policies, identifying risks and making recommendations for process improvements.

Provide regular reports to the management and the board of directors on the results of internal audit and governance activities, along with recommendations to enhance performance and mitigate risks.

Collaborate with external parties, such as external auditors, regulators, and consultants, to ensure effective coordination and exchange of information related to internal audit and governance matters.

Stay updated on emerging trends, best practices, and regulatory requirements in the field of internal audit and governance, and proactively apply this knowledge to enhance the THARWAHs practices.

Requirements

Qualifications:

Minimum bachelor's degree in accounting, Finance, or a related field. A professional certification such as Certified Internal Auditor (CIA) or Certified Governance and Risk Compliance (CGRC) is highly desirable.

Minimum of 8 years of experience in internal audit, governance, or a related field, preferably in a managerial role.

In-depth knowledge of internal audit methodologies, practices, and standards, as well as governance frameworks and regulatory requirements.

Strong understanding of risk management principles and the ability to identify and assess risks within business processes.

Excellent analytical and problem-solving skills, with the ability to think critically and provide practical recommendations.

Strong leadership and communication skills, with the ability to effectively manage a team and collaborate with stakeholders at all levels.

Proven ability to work independently, prioritize tasks, and meet deadlines in a dynamic and fast-paced environment.

Proficiency in using audit and governance software tools and systems.

Note: This job description is a general outline of the required duties, responsibilities, and qualifications of the Governance and Internal Audit Manager role. It is not exhaustive and may be subject to change based on the needs of the THARWAH.