Internal Auditor – Contracting Operations

To support the Head of Internal Audit in providing independent assurance over the effectiveness of internal controls, risk management, and governance processes across the Group’s contracting businesses. The role will focus on project execution, procurement, cost control, subcontractor management, and compliance with approved policies, DOA, and contractual obligations.

Execute risk-based internal audits across contracting operations, including project sites and head office functions

Perform end-to-end audits covering:

Ø Project lifecycle (bidding, estimation, execution, and closure)

Ø Procurement and subcontractor management

Ø Cost monitoring, budgeting, and variation orders

Identify control gaps, inefficiencies, and areas of financial or operational risk

Review project budgets versus actual costs and investigate variances

Assess controls over:

Ø Material usage and wastage

Ø Labor cost allocation

Ø Equipment utilization

Evaluate the integrity of project reporting and cost-to-complete estimates

Audit procurement processes to ensure compliance with policies and DOA

Review vendor selection, tendering processes, and contract awards

Evaluate subcontractor agreements, billing, and performance monitoring

Identify risks of overpricing, conflict of interest, or non-competitive sourcing

Ensure adherence to approved Policies & Procedures, DOA, and Management Memos

Review exceptions and confirm proper approvals are obtained (CEO/Chairman where applicable)

Assess regulatory and contractual compliance within project execution

Conduct periodic site visits to verify:

Ø Physical progress vs reported progress

Ø Inventory and material controls

Ø Site-level compliance with policies and safety procedures (high-level review)

Identify operational inefficiencies and leakages at site level

Prepare clear, concise audit reports highlighting key risks and actionable recommendations

Track implementation of audit recommendations and report status to Head of Internal Audit

Escalate critical findings and control weaknesses in a timely manner

Provide practical recommendations to improve processes without compromising independence

Support management in strengthening internal controls and operational efficiency

Assist in developing and updating audit programs specific to contracting business risks