Operational Auditor

Operational Auditor | Reef Holding

We're Hiring: Operational Auditor

Location: Riyadh, Saudi Arabia

Type: Full-Time

About Reef Holding:

Reef Holding is a leading Saudi lifestyle company redefining the luxury retail experience across fragrances, fashion, and beauty. We are committed to delivering innovative products and operational excellence that enhance efficiency, strengthen governance, and mitigate risks across all business units.

About the Role:

We are seeking a detail-oriented and experienced professional to ensure the effectiveness of internal control systems, compliance with laws and policies, and operational efficiency. The ideal candidate will provide insightful recommendations to senior management, contribute to organizational transparency, and support continuous improvement initiatives.

Key Responsibilities:

Internal Controls Review

• Assess the strength and effectiveness of internal control systems across all departments (HR, Procurement, IT, Operations, etc.).
• Ensure compliance with policies and procedures approved by senior management.
• Verify proper segregation of duties to prevent conflicts of interest or misuse of authority.

Compliance & Regulatory Oversight

• Ensure the organization adheres to local laws and regulations (Labor, Commercial, Tax, Environmental, Data Protection, etc.).
• Review compliance with regulatory requirements (e.g., Capital Market Authority, Zakat & Tax Authority, or other regulators).
• Promote adherence to governance and transparency standards.

Operational & Administrative Review

• Audit daily operational procedures for efficiency and policy compliance.
• Analyze workflows to identify gaps that may cause delays or errors.
• Ensure optimal use of human and technological resources.

Risk Management & Assessment

• Identify and categorize risks (strategic, operational, technical, legal, reputational).
• Evaluate the likelihood and impact of each risk.
• Provide actionable recommendations to mitigate or address identified risks.

Policy & Procedure Compliance

• Review adherence of departments to internal policies (HR, IT, Safety, etc.).
• Ensure policies are updated regularly to reflect changes in the business environment.
• Verify that delegated authorities align with company regulations.

Reporting & Recommendations

• Prepare objective reports for senior management and the Audit Committee.
• Draft practical recommendations to improve efficiency and organizational performance.
• Follow up with relevant departments to ensure timely closure of audit findings.

Information Systems & Technology Review

• Audit IT systems for security and resilience against potential breaches.
• Review system access controls.
• Ensure business continuity and disaster recovery plans are in place.

Administrative & Organizational Review

• Assess organizational structure and clarity of authority and responsibilities.
• Review decision-making mechanisms and transparency.
• Support a culture of compliance and administrative discipline across the organization.

Collaboration & Advisory

• Attend meetings with departments to discuss audit findings.
• Present results to the Audit Committee or Board in a professional and clear manner.
• Act as an advisory partner to management in governance and risk management areas.

Continuous Improvement & Development

• Stay up-to-date with global best practices in auditing and governance (COSO, ISO, COBIT, etc.).
• Participate in training and development programs to enhance team capabilities.
• Propose modern technological solutions (audit automation, digital analytics, AI tools).

Qualifications:

• Bachelor’s degree in Accounting, Finance, or Business Administration.
• Strong analytical skills to identify risks and gaps.
• Excellent reporting skills and professional communication abilities.
• Critical thinking and practical problem-solving skills.
• Ability to manage time effectively and work under pressure.
• Proficiency in IT systems and data analysis.

Why Join Reef Holding?

At Reef Holding, operational excellence and governance are core to our success. As an Operational Auditor, you will play a key role in enhancing internal controls, reducing risks, and driving performance efficiency. Join us to contribute your expertise and shape a culture of transparency, accountability, and continuous improvement.