Head Of Internal Audit

Job Description

1. Org Compliance & Control:

• Providing reasonable assurance on the effectiveness of theorganization’s risk managementand the strength of internal controls. The position assessesorganization-wide compliance.
• Perform Internal controls assessmentsof acquired companies or joint venture companies’ subsidiaries or affiliates.
• Ensures that all Subsidiary/affiliate companies to holding companycomply to all approved corporate policies and procedures

2. Methodology & documentation:

• Ensure methodical documentationof work plans, testing results, conclusions and recommendations.
• Ensure follow up on findings and corrective actions.
• Ensure that Internal Audit is performing its work in accordance with established professional standards and remain abreast ofemerging trends and best practicesthat can be incorporated into the function.

3. Risk Assessment:

• Develop a risk based approach incorporated into the annual audit plan.
• Perform organization-wide risk assessments to identify significant risks or exposure related to internal controls or compliance withHolding policies and procedures, laws and regulations, efficiency of operations, and accuracy of programmatic and financial reporting.
• Provide feedback and recommendations on business risks and improving operational efficiencies and processes where appropriate and lead effortsto mitigate identified control deficiencies.

4. Reporting:

• Proactively inform Top Mgt of significant risks or exposures related to internal controls, compliance, and/or governance requiring prompt attention.
• Report regulary on findings and follow up on recommended actions to ensure control and compliance.

5. Internal Audit Team :

• Maintain,attract, hire, and retain a team of high-performing audit professionals who possess outstanding knowledge, experience, ethics, and integrity.
• Promote a strong team spirit within Internal Audit Team.

Job Requirements

• 15-20 years of experience