Financial Assurance & Audit Director

A leading semi-government entity in Saudi Arabia’s is looking for skilled professionals to join its growing team. Headquartered in Riyadh
, the organization plays a strategic role in supporting economic development initiatives and driving long-term impact across key sectors.

If you are looking for a meaningful career with an organization committed to sustainability, innovation, and industry excellence
, this is your opportunity to be part of something impactful.

Apply now and be part of a future-focused organization shaping tomorrow’s success.

The Financial Assurance & Audit Director is responsible for leading the financial audit and assurance function related to investor declarations, fees, penalties, severance fees, and surface rental guarantees. The role ensures compliance with applicable financial regulations, internal procedures, and regulatory requirements through risk-based audits, financial verification, and assurance reviews. The Director oversees the identification of financial discrepancies, under-reporting, and non-compliance issues while driving corrective actions, recoveries, and enforcement activities.

The role also provides strategic audit insights, strengthens financial controls, and supports senior management through comprehensive reporting, risk analysis, and assurance initiatives.

• Develop and oversee the annual financial audit and assurance plan based on risk priorities and regulatory requirements.
• Lead audits and assurance reviews of investor declarations, production reports, revenues, fees, penalties, and rental obligations.
• Ensure compliance with applicable financial regulations, policies, and internal procedures.
• Identify cases of under-reporting, inaccurate declarations, non-payment, or financial discrepancies and ensure proper escalation and resolution.
• Oversee the verification and testing of severance fees, surface rentals, guarantees, and fines to ensure financial accuracy and enforcement.
• Direct targeted or thematic audits focused on high-risk investors, minerals, operational activities, or financial irregularities.
• Collaborate with Technical, Field Operations, Planning, and Control teams to execute integrated risk-based audit activities.
• Monitor corrective actions, recoveries, and enforcement measures to ensure timely closure and compliance resolution.
• Ensure proper maintenance of audit documentation, working papers, evidence repositories, and traceability of findings.
• Provide audit interpretations, recommendations, and control improvement initiatives to senior management and stakeholders.
• Support senior leadership in preparing internal audit reports, compliance summaries, and regulatory reporting.
• Coordinate with external auditors, consultants, and independent reviewers when required to support audit and assurance activities.
• Strengthen financial governance, internal controls, and assurance frameworks across compliance operations.
• Lead, mentor, and develop the Financial Assurance & Audit team to ensure high performance and technical capability.

• Bachelor’s degree in accounting, Finance, or Business Administration, or a related field.
• Minimum 10 years of experience in similar position.