Internal Audit Manager

Mayar Foods

Core Job Information

Job Responsibilities

Key Area

Key Responsibilities

Organizational Leadership

• Provide a clear and independent opinion on the effectiveness of Corporate Governance, Risk Management, and Internal Control systems across the Company and its operating subsidiaries.
• Serve as a trusted advisor to senior management, offering insights and recommendations to strengthen governance and operational performance.

• Design and implement the Internal Audit framework, policies, procedures, and reporting protocols from inception, ensuring alignment with Group Internal Audit and Audit & Risk Committee (ARC) expectations, including structure, staffing plan, and budget.
• Develop a risk-based annual audit plan, obtain approval from the ARC, and ensure timely, high-quality completion of planned audit engagements.
• Conduct audits and reviews in a professional manner that minimizes disruption to operational areas.
• Prepare and present periodic reports to the ARC on audit outcomes, key risk trends, and emerging issues.
• Establish and maintain a fit-for-purpose audit methodology, strategy, and implementation framework tailored to the organization s needs.
• Develop, obtain approval for, and maintain the Internal Audit Charter in line with the IIA Standards and the Company s strategic objectives.

IA Annual Plan Execution

• Assign audits to team members that leverage skills and expertise, play to team strengths or meet development needs.
• Agree activity schedules and management of the staff planning to ensure full resource utilization throughout the year.
• Deliver quality audits within agreed timelines, overcoming obstacles, proactively managing project risks, finding solutions and taking initiatives to meet commitments.
• Ensure that audit findings and recommendations are communicated clearly and constructively, and that management action plans are tracked to timely completion.
• Monitor and report on the status of high-risk issues, ensuring appropriate remediation and escalation to the ARC where necessary.

• Leverage data and data analytics tools to identify trends and potential areas of risk or improvement within business operations.
• Utilize technology to enhance audit coverage, improve efficiency and strengthen audit practices.

Stakeholder Management

• Develop a deep understanding of the business, its key drivers, and the overall risk environment.
• Regularly engage with senior leaders in the business to understand their needs and gain their perspective.
• Communicate and influence effectively, demonstrating strategic insight, commercial acumen, and professional credibility.
• Work in close coordination with the Risk Management Department to ensure alignment between risk assessment, mitigation, and audit activities.
• Foster partnership and trust-based relationships with business leaders to encourage collaboration and shared accountability
• Articulate the relevance of the audit work to the business and how it fits in with the Company s priorities and what benefits or leverage it adds.
• Build and maintain strong relationships with the ARC, providing balanced assurance, meaningful risk insights, and advisory input.
• Liaise with Al Muhaidib Group Internal Audit, external auditors, and other assurance providers to ensure a coordinated assurance approach and minimize duplication of effort.
• Liaise with subsidiary companies to promote coordination, knowledge sharing, and a consistent audit and risk-aware culture across the group, and serve as a member of the subsidiaries Audit Committees where designated.

Team Management

• Establish and manage a high-performing internal audit team, ensuring clear roles, responsibilities, and performance expectations.
• Provide leadership, coaching, and mentoring to foster professional growth, technical expertise, and ethical conduct in line with IIA standards.
• Give direction and leadership towards the achievement of the department s strategy, annual goals and objectives.
• Responsible for hiring, learning, career development, leave management, performance management, and professional concerns department employees.

Key Result Areas (KRAs)

• Accountable for development and implementation of Audit Plan.
• Accountable for delivery and quality of annual audit plans within budget.
• Accountable for providing assurance and advisory insights on the effectiveness of internal control systems.
• Accountable for maintenance of strong stakeholder relationships.
• Accountable for team leadership and performance.

Key Interfaces of the role

Internal Interface

• Executives
• Department Heads
• Enterprise Risk Team
• Audit & Risk committee members

External Interface

• Al Muhaidib Group Internal Audit
• External Auditors
• Subsidiaries

Key Competencies

Technical Competencies

• Knowledge & practical Application of Internal Auditing standards and audit methodologies.
• Strong understanding of risk-based auditing, internal control frameworks and governance processes.
• Working Knowledge of IFRS Standards.
• Strong Financial and Operational Analysis Skills.
• Familiarity with risk management frameworks and their integration with audit activities.

• Data Analytics and Visualization (ACL, Power BI, or equivalent)

Professional Competencies

• Effective Communication.
• Emotional Intelligence.
• Professional Courage and Independence.
• Attention to Details.
• Analytical and Critical Thinking (Problem Solving)
• Time Management.
• Ownership and Accountability.

• People Development.