Internal Auditor

Job Purpose

Conduct independent and risk-focused audits of construction projects by evaluating governance, internal controls, contract management, procurement processes, and compliance. Provide assurance, identify potential risks, and suggest enhancements that support effective delivery and organizational objectives.

Key Responsibilities

• Plan and execute internal audits on construction projects aligned with approved audit plans and professional standards.
• Review project governance, financial controls, operational efficiency, and execution effectiveness.
• Ensure compliance with organizational policies, contracts, and applicable regulations.
• Identify control deficiencies and propose corrective measures.
• Audit contract management throughout project life cycles to verify adherence to terms and policies.
• Assess contract administration including change orders, claims, variations, and payment processes.
• Spot contractual risks and suggest improvements.
• Audit tendering and procurement to guarantee transparency and compliance with procurement standards.
• Evaluate tender evaluation methods and contract award processes.
• Check procurement documentation for completeness and regulatory compliance.
• Conduct risk assessments targeting operational, financial, contractual, and compliance risks.
• Evaluate the effectiveness of risk mitigation strategies employed by management.
• Track emerging risks and recommend enhancements to risk management.
• Contribute to annual risk-based audit plans for construction projects.
• Develop audit programs, conduct field audits, collect evidence, and report findings in line with audit standards.
• Draft detailed audit reports outlining findings, risks, root causes, and recommendations.
• Collaborate with project management on audit observations and follow up on corrective actions implementation.
• Maintain and update relevant soft and technical job skills.
• Ensure delivery of assigned tasks within timelines and budget using available resources efficiently.
• Provide periodic status reports on task execution and deviations.
• Address operational problems and escalate complex issues appropriately.
• Implement quality controls and processes according to defined specifications.
• Develop and coordinate documented systems, policies, procedures, and seek automation opportunities.
• Comply with organizational policies, procedures, and work instructions.
• Adhere to safety, quality, and environmental regulations within the scope of work.

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, or a related discipline.
• 2 to 4 years of relevant work experience in audit functions.

Technical Competencies

• Expertise in audit best practices and methodologies.
• Proficiency in audit planning and reporting techniques.
• Familiarity with auditing standards and procedural compliance audits.
• Knowledge of internal control frameworks and post-audit review processes.
• Experience with security audits.

About Alfanar

Alfanar is a Saudi Arabian multinational company specializing in manufacturing and trade of a broad range of electrical products spanning low, medium, and high voltage categories. The company’s operations include conventional and renewable energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions. The core manufacturing hub is located in Riyadh within a 700,000 square meter complex equipped with advanced facilities and skilled professionals. Alfanar emphasizes the highest quality standards and continuous workforce development, fostering a supportive and empowering workplace culture where employees are valued and nurtured.