Internal Audit Head
Purpose of the Position:
Manages the Internal Audit department directives, providing leadership for facilitating work processes in order to achieve high performance standards and compliance with organizational policies, procedures and quality standards. Ensure accounting is done in a timely manner in line with GAAP along with identification of business risks, governance issues and control risks.
-Set the strategy for the Internal Audit function and develop the Internal Audit Charter the Audit Committee mandate and key elements of the defined Internal Audit working practices in line with the Group objectives;
-Lead the development and implementation of the Internal Audit department plans and budgets, in line with organizational objectives;
-Direct entity-wide risk assessment and prepares risk registers and audit plan in line with the defined Methodology;
-Evaluate the adequacy and effectiveness of internal controls in various departments;
-Establishes internal audit guidelines, policies and procedures in accordance with professional auditing standards and international best practices;
-Identify the opportunities for improvements in business efficiency and resource optimization, internal control environment and risk mitigation;
-Supervise audit assignments to ensure completion of assignments within declared timelines;
-Direct the audit team to conduct ad-hoc audit assignment as required by Audit Committee;
-Review and finalize internal audit reports according to the required standard and within the agreed timelines;
-Keep the Audit Committee, Board & Senior Management informed about the status of audit assignments and key concern areas observed during audit execution;
-Direct audit teams to produce clear and concise executive summaries and detailed reports and provide an independent review of internal control systems;
-Evaluate the impact and relevance of results on the audited Group Companies and makes recommendations that benefit the business and can be applied practically.
Job Specification / Profile:
-Qualified Accountant (CA/ACCA/CPA/ACA) with 12-15 years of relevant experience in internal audit;
-Candidates with a professional CIA qualifications will be preferred.
-Excellent numerical and analytical skills, with attention to details;
-Good organizational skills & articulate ;
-Capacity to build relationships within the business;
-Able to share information in an effective & collaborative manner, both verbally and in writing;
-Well versed with Advanced WORD, EXCEL and POWERPOINT, to be able to analyze large databases and make presentations.
-Ability to communicate effectively with various Business Stakeholder