JOB DESCRIPTION

NOTE: Please ONLY apply if you have sufficient experience and skills required as per job description below.

Job Summary:

Internal Audit Manager is responsible for managing the internal audit function for the Arabian Rig Manufacturing Company ("ARM"). Responsible for diverse and complex audit assignments to improve the effectiveness of risk management, control, and governance processes. Provides independent and objective assessment of the organization's operations. The Internal Audit Manager will report administratively to the CEO & CFO & functionally to the Board Audit Committee and will work closely with the Shareholder's Internal Audit Departments.

Primary Responsibilities:

• Ensure that internal audit function conforms to the International Professional Practice Framework Standards and the Institute of Internal Auditors Code of Ethics.
• Coordinates internal auditing activities and plans with other internal and external providers of assurance and consulting activities to ensure proper coverage and minimize duplication of effort.
• Develop an annual internal audit plan that considers risks or internal control concerns identified by the Audit Committee, Board of Managers and / or the Management Team.
• Establishes and maintains a standard process in the performance and delivery of assurance, advisory and other services.
• Conducts reviews and audit engagements in execution of the internal audit plan.
• Ensure the timely completion of internal auditing engagements.
• Provide on-going communications to the Audit Committee and CEO summarizing the results and findings of the internal auditing activities and interim updates, including any modifications, scope restrictions or limitations.
• Establish and maintains a system to monitor the disposition of audit findings communicated to Management with a follow-up process to monitor and ensure that Management actions are effectively implemented.
• Conduct all phases of audit planning, fieldwork, and report drafting for internal audit projects.
• Communicate with the auditee the findings during the test work and at the closing meeting, make recommendations to improve operations.
• Draft audit reports, providing a clear description of the issues and ensuring they are fully supported by the test work.

Facility/Group Specific Responsibilities:

• Responsible for managing the internal audit function for Arabian Rig Manufacturing Company.

BEHAVIORAL SKILLS/COMPETENCIES:

• Excellent command of English & Arabic language is must, including ability to communicate effectively with all levels of Management in written reports and orally
• Familiarity with Labor Law, Company policies, procedures, and organization.
• Tact and objectivity in dealing with management and lower levels in organizations under investigation.
• Knowledge of reporting procedures and records keeping.
• High degree of business acumen coupled with dedication to a sound internal controls environment.
• Methodical and diligent with outstanding planning abilities.
• An analytical mind able to "see" the complexities of procedures and regulations.

EXPERIENCE/EDUCATION/SKILL-SET REQUIRED:

• Bachelor's or master's degree in Accounting or Finance.
• 5+ years of experience in accounting, auditing, or corporate fraud investigation, public accounting experience preferred.
• Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Professional Certified Investigator (PCI), Certified Compliance & Ethics Professional (CCEP), Certified Fraud Examiner (CFE) or other relevant professional certification is highly desired.
• Saudi National only.

ABOUT US

Every day, the oil and gas industry's best minds put more than 150 years of experience to work to help our customers achieve lasting success.

We Power the Industry that Powers the World

Throughout every region in the world and across every area of drilling and production, our family of companies has provided the technical expertise, advanced equipment, and operational support necessary for success-now and in the future.

Global Family

We are a global family of thousands of individuals, working as one team to create a lasting impact for ourselves, our customers, and the communities where we live and work.

Purposeful Innovation

Through purposeful business innovation, product creation, and service delivery, we are driven to power the industry that powers the world better.

Service Above All

This drives us to anticipate our customers' needs and work with them to deliver the finest products and services on time and on budget.