Head Of Internal Audit Remote

Recruiter
Reed Finance
Location
Hounslow, UK
Salary
65,000 - 85,000 GBP
Posted
23 May 2022
Closes
01 Jun 2022
Ref
3153333011
Experience level
Director
I am currently recruiting for a fully remote HEAD OF INTERNAL AUDIT position. This role will require travel to one of their head offices on occasion (3/4 times a month)
The Role
The role is responsible for the internal audit function across the business. The role requires the individual to have full accountability, responsibility and authority for directing and managing the Internal Audit function on behalf of the organisation in line with Group Internal Audit methodology. The jobholder is responsible for reporting on internal audit matters to the Audit Committee, CEO and Group Head of Internal Audit and other appropriate persons thereof designated for the purpose.
  • To plan, undertake and lead audits of financial, operational and risk based areas to ensure compliance with Group Internal Audit Methodology and best practice as well as the company policies and procedures;
  • Design of Internal Audit Plans (including seeking approval from the Group Head of Internal Audit and the Board of the delivery of internal audit reviews and planning and managing the execution of audits;
  • Presentation and submission of internal audit documents to the Audit Committee for review, comment and approval e.g.; new governance policies, feedback questionnaires (from auditees), Internal Audit progress reports;
  • Planning and completion of specific audits reporting directly to the Group Head of Internal Audit;
  • Forming assurance opinions on key systems of internal control including forming an opinion of the overall internal control frame work at end of year;
  • Evaluate the effectiveness and contribute to the improvement of risk management process and evaluate the potential for the occurrence of fraud and manage fraud risk;
  • Determination of whether the company meets regulatory requirements and appropriate recommendations;
  • Preparation of reports for the Regulators where this is required / specifically requested;
  • Strong business acumen with a strategic and advisory perspective;
  • Dynamic, motivated to move forward the internal audit function and also carry out audit activities;
  • Focus on business improvement as well as rigorous audit check;
  • Ability to make recommendations in relation to the implementation of the Internal Control Model;
  • Self-motivated and able to work with the maximum level of independence from the operational structures;
  • Strong presentation skills and ability to communicate effectively at an executive level;
  • Combined analytical and persuasion skills with a comfort and flexibility level to work with all levels in the organisation;
  • Excellent organisation, written/verbal communication, analytical and presentation skills;
  • Strong relationship building and influencing skills; Ability to be a key trusted adviser to internal clients and stakeholders; Ability to establish and maintain positive work relationships with peers, management, key stakeholders and clients;
Experience/Qualifications:
• Relevant university qualifications in accounting, finance or business. ACA/ACCA or Actuarial qualification;• Hands on internal audit experience in insurance or banking (minimum five years PQE) or equivalent external audit experience with a Big 4 firm with additional commercial experience, preferably in a multinational environment, or a combination of both;• Solid knowledge of local and international market practices, rules and statutory regulations;• Excellent analytical, interpersonal, time management and communication skills

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