Job description

1. Job Purpose

The Lead Internal Audit – Risk and Compliance at is responsible for managing and executing audits that focus on the company’s risk management framework, regulatory compliance, and adherence to internal policies. 

This position plays a critical role in ensuring that Mazoon Dairy operates within the parameters of local and international laws while mitigating financial, operational, and reputational risks.

2. Main Tasks & Accountabilities

Task Description

Audit Strategy & Risk Assessment Develop and execute a risk-based audit strategy to evaluate Mazoon Dairy’s risk management and compliance frameworks.

Conduct risk assessments to identify high-risk areas and prioritize audit engagements based on their potential impact on the business.

Ensure alignment of the audit strategy with Mazoon Dairy’s risk appetite and business objectives.

Risk Management Audits Lead audits focused on the company’s risk management framework, evaluating the effectiveness of risk identification, mitigation, and monitoring efforts.

Provide recommendations for strengthening Mazoon Dairy’s risk management practices, including enterprise risk management (ERM).

Perform risk control assessments and evaluate the adequacy of mitigation strategies.

Compliance Audits: Oversee compliance audits to ensure Mazoon Dairy adheres to relevant laws, regulations, industry standards, and internal policies.

Conduct audits related to anti-money laundering (AML), anti-bribery, data privacy, environmental regulations, and other key compliance areas.

Provide actionable recommendations to address areas of non-compliance.

Governance & Internal Controls Assess the company’s governance structure and internal control environment to ensure accountability and oversight

Recommend improvements to Mazoon Dairy’s governance framework to strengthen risk and compliance functions

Evaluate the design and operational effectiveness of internal controls

Stakeholder Collaboration Collaborate with compliance, legal, and risk management teams to align audit efforts with organizational objectives.

Communicate audit findings to senior management and assist in developing action plans to address identified risks.

Regulatory Compliance & Advisory Keep abreast of changes in laws, regulations, and industry standards that affect Mazoon Dairy’s risk and compliance environment

Advise management on emerging regulatory risks and compliance obligations

3. Main Contacts and Working Relationships

Internal

External

4. Person Specification (Qualifications, Knowledge & Experience)

4.1: Education Level – Minimum Requirement Bachelor’s degree in Accounting, Finance, Law, Business Administration, or a related field.

A Master’s degree or specialized training in risk management or compliance is an advantage.

4.2: Professional Qualifications

Certifications such as Certified Internal Auditor (CIA), Certified Risk Management Assurance (CRMA), or Certified Regulatory Compliance Manager (CRCM) are preferred.

4.3: Work Experience A minimum of 8 years of experience in internal auditing, with a focus on risk management and compliance, ideally in the food or dairy industry. 

Strong background in governance, regulatory compliance, and risk management.

4.4: Job Specific Skills Extensive knowledge of governance, risk management, and compliance (GRC) frameworks.

4.5 Generic Skills

Strong analytical and problem-solving skills.

Excellent communication skills, with the ability to convey complex risks and audit findings to senior stakeholders.

Strong leadership and team development abilities.

5. Position Location

• To be based in Muscat Office / Frequent travel within Oman and as required.