Job Description

The Head of Internal Audit is responsible for leading and managing the internal audit department, developing and executing the internal audit plan, and providing senior management and the board of directors with independent assurance that internal controls, processes, and systems are operating effectively. The role involves assessing risks, reporting on compliance with laws and regulations, and recommending improvements to internal controls and business processes.

The Head of Internal Audit reports directly to the CEO.

Responsibilities :

- Lead the planning and execution of internal audit activities, including financial, operational, compliance, and IT audits, in accordance with professional standards.

- Develop a comprehensive internal audit plan that addresses all aspects of the organization's operational and financial risks.

- Provide objective and independent evaluation of internal controls, risk management practices, and governance processes.

- Prepare and present clear, concise, and timely audit reports summarizing findings and recommendations to senior management and the audit committee.

- Follow up on audit findings to ensure that management takes appropriate corrective action.

- Work closely with external auditors to ensure a coordinated approach to audit activities.

- Advise management on the development of internal controls, policies, and procedures to mitigate identified risks.

- Lead, manage, and develop the internal audit team, ensuring that the department has the necessary skills and resources to achieve its objectives.

- Stay abreast of industry trends, regulatory changes, and best practices in internal auditing and corporate governance.

- Promote a culture of compliance, risk management, and ethical conduct within the organization.

Requirements

- Bachelor's degree in Accounting, Finance, or a related field. A Master's degree or professional certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Information Systems Auditor (CISA) is highly desirable.

- A minimum of 8-10 years of experience in internal auditing, accounting, or finance, with at least 3-5 years in a managerial or leadership role.

- Strong understanding of internal auditing standards, risk management, and internal control principles.

- Excellent analytical, problem-solving, and critical thinking skills.

- Strong leadership and team management abilities.

- Exceptional communication and interpersonal skills, with the ability to interact effectively with all levels of management and staff.

- High ethical standards and professionalism, with a commitment to confidentiality and integrity.