Job Overview
Alfanar is seeking a detail-oriented and analytical Internal Auditor – Capital Projects to support its internal audit function. The successful candidate will conduct internal audit assignments, evaluate financial and operational processes, assess internal controls, identify potential risks, and recommend improvements to strengthen governance, compliance, and business performance.
This position involves reviewing project-related activities, examining supporting documentation, performing audit testing, preparing audit findings, and monitoring corrective actions. Candidates with 2–4 years of relevant experience and a bachelor’s degree in Accounting, Finance, or a related field are encouraged to apply.
Key Responsibilities
1. Audit Planning and Preparation
Support the planning and preparation of internal audit assignments in line with the approved audit plan.
Review relevant policies, procedures, financial records, reports, and supporting documentation.
Understand the objectives, business activities, key risks, and internal controls of assigned audit areas.
Prepare audit checklists, testing procedures, and information requests under the guidance of the Senior Internal Auditor or Audit Manager.
Identify key areas requiring detailed audit review, particularly within capital project activities.
2. Internal Audit Execution
Conduct financial, operational, compliance, and process audits across assigned business functions.
Perform audit testing, data analysis, document verification, interviews, and process walkthroughs.
Evaluate compliance with company policies, approved procedures, delegated authorities, and applicable requirements.
Assess the design and effectiveness of internal controls.
Review available evidence to identify control weaknesses, financial irregularities, and operational risks.
Maintain accurate and properly documented audit working papers.
3. Audit Findings and Reporting
Identify internal control deficiencies, compliance gaps, operational risks, and process inefficiencies.
Analyze audit observations to understand their root causes and potential business impact.
Discuss preliminary findings with relevant department representatives and process owners.
Prepare clear audit observations and practical recommendations for management review.
Assist in preparing internal audit reports, presentations, and supporting documentation.
Escalate significant risks, suspected irregularities, and sensitive matters to the appropriate management level.
4. Corrective Action Monitoring and Follow-Up
Monitor the implementation of agreed corrective and preventive actions.
Follow up with responsible departments on outstanding audit findings.
Review supporting documents and evidence submitted for audit issue closure.
Maintain updated records of open, overdue, and completed corrective actions.
Report delays or insufficient corrective measures to the Senior Internal Auditor or Audit Manager.
5. Professional Audit Standards
Perform audit assignments in accordance with internal audit methodologies and applicable professional standards.
Maintain independence, objectivity, integrity, and confidentiality throughout audit activities.
Apply professional judgment and due care when evaluating audit evidence.
Continuously improve technical knowledge and auditing skills.
Follow established audit procedures and maintain professional conduct.
General Job Responsibilities
Complete planned activities according to assigned schedules and operational targets.
Use available resources efficiently to achieve objectives within approved time and cost requirements.
Prepare periodic reports highlighting audit progress, findings, and deviations from planned activities.
Identify and resolve routine audit-related issues and escalate complex matters when necessary.
Support improvements in internal processes, policies, procedures, and control systems.
Follow company policies, procedures, work instructions, and compliance requirements.
Maintain compliance with relevant health, safety, environmental, and quality management standards.
Academic Qualification
– Bachelor’s Degree in Accounting, Finance, or a relevant field.
Work Experience
2–4 years of relevant professional experience.
Experience in internal auditing, financial auditing, operational auditing, or compliance auditing is preferred.
Exposure to capital projects, project controls, or construction-related audits would be beneficial.
Technical and Functional Skills
Internal Audit and Audit Best Practices
Audit Planning and Preparation
Audit Execution and Reporting
Auditing Procedures and Professional Standards
Financial and Operational Auditing
Capital Project Audit Processes
Compliance Audits
Internal Audit Controls
Risk Assessment and Control Evaluation
Audit Documentation and Working Papers
Data Analysis and Evidence Verification
Post-Audit Reviews
Corrective Action Monitoring
Security Audits
Problem-Solving and Analytical Thinking
Communication and Report Writing
Ideal Candidate Profile
The ideal candidate should have strong analytical skills, attention to detail, and a good understanding of internal auditing principles, risk management, and internal control procedures. The candidate must be capable of reviewing business processes, identifying control gaps, preparing audit documentation, and communicating practical recommendations.