Position: AD/ Director- Internal Audit (Energy & Utilities), Dammam

Department: Accounting/ Auditing | Role: Full-time | Experience: 12 to 20 Years | Number of Positions: 1 | Location: Dammam

Skillset:

Internal Audit, Business Development, P&L Management, Delivery Management, Oil And Gas, Heavy Manufacturing, Excellent English & Arabic written and verbal communication skills, Strong Leadership skills

Job Description:

We have a challenging opportunity open for the role of Director in our Energy & Utilities practice.

The Director role in Energy & Utilities Services is mission critical and requires multi-dimensional capabilities. Managers identify business opportunities within their immediate client’s business or across an industry in the GCC. They are responsible for growing existing accounts and attracting new business.

Director’s develop a deep understanding of clients’ business and build lasting relationships with client personnel. They demonstrate technical competence in their product group and industry, understand client’s perspective and become the de-facto “go-to-person”. They are responsible for serving clients and ensuring outstanding quality execution of projects and develop contacts within the business community and serve as ambassadors of our Organization in the market. Basis their credibility, they are able to attract, develop and retain the best of talent.

Energy & Utilities Practice:

Energy & Utilities practice is a business vertical that services both the consulting and internal audit line of service in our Organization. The focus areas for Energy & Utilities practice under consulting and internal audit include:

Internal Audit – Financial, operational and project audits in oil & gas/ power industry.

Consulting - Market assessment, new business entry and business plans, strategy formulation, regulatory and commercial analysis, diligence services, financial and economic modeling, bid advisory, skill development and planning, project management and improvement of operational efficiency.

Role Requirements:

Some of the key responsibilities of this role are:

• Identify and evaluate client’s risk areas covering all significant processes and provide comprehensive input to the development of a risk-based annual internal audit plan.

• Supervise a team of internal audit personnel across different client engagements. Plan, organize, direct and monitor internal audit operations, including overall quality of deliverables, processes and completion of projects within budgeted timeline. Oversee billing and collections.

• Senior Managers develop contacts within the business community and create new business development as well.

• Develop relevant audit programs & procedures including Risk & Control Matrix (RCM).

• Manage performance of audit procedures. This includes identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures. Demonstrate technical competence in related domain.

• Monitor projects are delivered as per set timelines.

• Communicate the results of assignments through written reports and oral presentations on a timely basis to client management, including presentations to the Audit committees and at Board meetings.

• Assist engagement director with identification for any new firm services at existing or new clients. Prepare and track proposals and conduct proposal meetings with clients. Responsible for developing and growing business and managing portfolio of clients.

• Developing strong relationships with top executives at prospects (target clients) and existing clients.

• Ensure firm is included in responses to key industry and solution RFP’s in the region.

• Build a strong network of contacts and leverage it for business development

• Develop and engage team through individual contacts and group meetings. Assist with hiring, training, and evaluation of staff and take effective actions to address performance.

• Support practice management including work in progress monitoring, proposal development and monitoring of performance against the business plan. Lay down processes for improvement as well as strengthening the practice in the region.

• Represent the firm at various industry and professional forums.

• Conduct learning sessions and develop knowledge, sharing forums with other functions within the firm as well as with clients.

Industry exposure : Energy & Utility with strong Internal Audit experience with other technical skills like BPI, Process improvement OR Transformation, Digital implementation etc. 

Desired Profile:

• Bachelor’s degree.

• Postgraduate in Finance, Strategy, Operations, Economics, Petroleum industry or equivalent from a top tier college.

• Minimum 12 years of industry experience in a related field, preferably in internal audit, consulting, advisory, professional services and/or industry. Currently working with a leading consulting firm.

• Bilingual Arabic speaking resource.

• Good mix of education and experience will be useful.

• Experience in oil & gas/power/utility industry is mandatory especially in more than one of the areas like- exploration & production, marketing, pipelines, gas, shale gas like non-conventional gas, conventional/alternate energy, power & water generation, transmission and distribution etc.

Key Personal Attributes:

• A good blend of creative thinking and rigorous analysis in solving business problems.

• High energy individual possessing excellent analytical, interpersonal, communication and presentation skills. Adept at preparing and presenting to senior audiences – Highly desirable.

• Demonstrates excellent leadership and interpersonal skills. Must be able to maintain a professional demeanor in times of high stress.

• Prior management and direct supervisory experience in a team environment required.

• Excellent time management skills. Must have ability to multi-task.

• Regular reading habit for updating himself/herself and exhibit high level of confidentiality.

• Enjoys travelling and meeting new people. Flexibility to travel to, and work in, other locations is essential.

Location:

Selected personnel will be based out of our Dammam office.

Bilingual Arabic speaking.(Mandatory)

Experience in oil & gas/power/utility industry is mandatory.

Required Qualification:

Graduate, Master of Business Administration (M.B.A.), CA (Charted Accountant)

With a Top MNC Consulting Firm