Head of Internal Audit

Synopsis

Support the Chief Audit Executive in day to day running of the Department, and deputise where necessary.  Lead the development and delivery of the annual audit plan and long-term strategy. Prepare Audit Committee and Executive Management reporting packs. Manage and supervise ongoing audit engagements or ad hoc projects from planning to reporting and the completion of follow-up reviews, delivering work of an acceptable professional quality standard and in line with established methodology. Lead continuous process enhancement activity within and on behalf of the Internal Audit function. Manage, mentor and nurture all direct reports to ensure they are being sufficiently deployed, improving on weaknesses, and are constantly developing. Establish and maintain senior/executive stakeholder relationships whilst representing Internal Audit in business meetings or committees as required.   

Accountabilities

• Develop detailed annual risk-based audit plan and budget, together with long term strategy.  This includes validating the audit universe, performing Internal Audit Risk Assessments, and detailed resource allocation.  Deliver these in a timely manner within agreed budget and quality parametres, whilst clearly communicating progress. 
• Prepare the Audit Committee packs, agendas, and reports for Executive Management.
• Manage day-to-day activities and performance of staff on various projects.  This would include developing the scope of the individual projects, project plan and milestones, and reviewing workings papers.  Involvement during fieldwork and draft reports is also expected to ensure work performed is thorough, complete, accurate, appropriately documented, delivered within the agreed timelines, and findings are fairly represented.  Where required this would necessitate a hands-on approach (performing fieldwork) for certain projects such as sensitive investigations, complex audits, or ad hoc projects which may be requested by Board members or Executive Leadership.
• Ensure staff build skills and knowledge to perform audits effectively and provide maximum value for the business, whilst mentoring them to support their professional development and future career progression.
• Drive and embed data analytics within the team and audit process to ensure we are constantly contributing towards continuous auditing and monitoring initiatives.
• Build credible relationships with the management to facilitate the implementation of best practices in risk and control of business processes
 

Education & Experience

Educated to a minimum of post-graduate level, with at least one professional accounting qualification such as a CA or CPA.:Post holder must have a minimum of 15 years Internal Audit experience in a senior capacity at a reputable airline, Big 4 practice or equivalent, or large conglomerate.  Proven experience in managing large and complex projects is essential. 

 
Training & Knowledge:

Thorough understanding of internal audit methodology and best practices, with proven aptitude to deploy innovative tools or techniques.
Ability to communicate with all levels and the ability to persuade but be sensitive to other perspectives
Strong negotiating and influencing skills, with the ability to motivate both internal and teams and stakeholders
High standard of English Language
High standard of computing literacy