About this Director - Delivery Audit role at Qiddiya Investment Company
The Director – Delivery Audit leads the delivery audit function, providing independent, strategic assurance over the organization’s capital delivery portfolio, spanning construction, infrastructure, engineering and consultancy services, procurement, and facilities management, in line with the Global Internal Audit Standards (2024). The role owns the delivery audit strategy, sets the risk-based delivery audit plan, and directs multiple management layers and concurrent engagements. It serves as the senior point of assurance to executive management and the Audit Committee on the effectiveness of controls governing project delivery, cost and change management, contractor and consultant performance, and programme and portfolio governance, while continuously advancing the function’s delivery audit methodology and capability.
• Define and own the delivery audit strategy and its alignment with the organization’s capital delivery objectives and enterprise risk profile.
• Direct the development and execution of the risk-based delivery audit plan across the capital portfolio, ensuring adequate coverage of major projects and programmes.
• Provide executive-level assurance and reporting to senior management and the Audit Committee on delivery, cost, contractor performance, and programme governance risks.
• Oversee multiple concurrent engagements and management layers, ensuring quality, consistency, and timeliness across the delivery audit portfolio.
• Lead the most complex and high-value engagements, including major construction contracts, claims, and programme-level governance reviews.
• Set and maintain the delivery audit methodology, frameworks, and quality assurance standards, ensuring conformance with the Global Internal Audit Standards (2024).
• Manage the delivery audit budget, resourcing, and capability planning, including specialist and co-sourced resources.
• Build and sustain trusted relationships with executive stakeholders, programme leadership, and external assurance providers to promote risk awareness and control accountability.
• Lead, develop, and performance-manage Associate Directors, Senior Managers, and Managers, building a high-performing delivery audit team and succession pipeline.
• Champion integrated assurance with governance, risk, and compliance (GRC) and external auditors to optimize coverage and minimize duplication.
• Drive innovation in delivery audit, including data analytics, continuous auditing, and emerging-risk coverage.
Requirements
- Bachelor’s degree in Engineering, Construction Management, Quantity Surveying, Project Management, or a related field.
- Professional certification required (CIA, Lean Six Sigma, PMP, or RMP); Master’s/advanced degree preferred.
Internal Audit Expertise
• Expert command of internal audit practice, including risk assessment, control evaluation, assurance reporting, and quality assurance and improvement programmes.
• Proven track record leading an audit function or major audit portfolio, including methodology and framework ownership.
• Strong capability in developing risk models, audit strategies, and performance metrics at a functional level.
• Strategic use of data analytics, continuous auditing, and audit technology to enhance assurance and insight.
Delivery Expertise
• Authoritative understanding of capital project delivery, project gates, construction processes, and end-to-end delivery workflows.
• Deep knowledge of standard forms of contract (e.g. FIDIC) and delivery models (EPC, EPCM, PMC, design-build), and their associated risk profiles.
• Strong command of cost engineering, earned-value management, and the assessment of claims and variations on major contracts.
• Ability to evaluate programme and portfolio governance, schedule integrity, and float erosion across complex, multi-project environments.
• Insight into emerging delivery risks and opportunities for optimization, automation, and assurance innovation.