Balsam Medical Care (Corporate) Job Description Job Title: Internal Audit Specialist (Medical) Site: Riyadh Group: Corporate Department: Internal Audit Reporting to: Group Internal Audit Manager Summary Provide independent, risk-based assurance over the design and operating effectiveness of controls across the organization, with a focus on specified disciplines (e.g., Clinical Operations, Finance, IT, data analytics, cyber, and process controls), to support risk management and regulatory compliance. Essential Responsibilities and Duties Planning and Scoping • Contribute to the development of the annual audit plan based on risk assessment and group priorities. • Define audit objectives, scope, criteria, and required evidence for assigned engagements. • Support the audit lead in developing timelines and work programs for assigned audits. Audit Execution • Design and perform fieldwork to evaluate control design and operating effectiveness. • Gather and analyze evidence (interviews, observations, data analytics, and test procedures). • Identify control gaps, root causes, and risk implications. • Propose practical, value-adding recommendations to mitigate identified risks. • Document work thoroughly in work papers and maintain a complete audit trail. Data Analytics • Apply data analytics techniques to sampling, testing, and continuous monitoring. • Assess the internal controls environment. • Support audit projects as needed. Reporting and Communication • Prepare clear, concise audit findings, including risk ratings and management actions. • Support the audit lead in discussing findings with auditees and management. • Track action plans and verify closure of issues in follow-up work. Risk Management and Controls Enhancement • Identify opportunities to strengthen governance, risk management, and control practices. • Monitor emerging risks and regulatory changes impacting the business processes under audit. Compliance and Independence • Maintain independence and objectivity and avoid conflicts of interest. • Adhere to internal audit methodologies, professional standards (e.g., IIA), and the Code of Ethics. • Ensure evidence and conclusions are well-supported and auditable. Stakeholder Engagement • Maintain professional working relationships with auditees and process owners during audits. • Collaborate with other assurance functions (Risk and Compliance) to optimize coverage and avoid duplication. Quality and Continuous Improvement • Contribute to the internal audit quality program, including peer reviews and post-engagement evaluations. • Share insights and methodologies to improve audit efficiency and outcomes. Documentation and Records Management • Maintain organized, audit-ready documentation in accordance with IPPF standards. • Ensure confidentiality of information and proper data handling. Job Requirements Education: Bachelor’s degree in Healthcare Administration, Management, or a related field. Experience Required: Minimum of 2+ years in Healthcare Internal Audit, Risk Management, or Control Testing. Other Requirements / Certifications: CIA, CRMA, or equivalent professional certification is preferred. Additional Competencies: • Strong analytical and risk-based thinking, problem solving, and data-driven decision making. • Ability to handle multiple engagements and shifting priorities as directed by the reporting personnel.