Job Summary:

Responsible for managing the internal audit function in one of the business units. This role ensures the effectiveness of internal controls, risk management, and governance processes. The ideal candidate will have extensive experience in internal auditing across diverse industries, providing strategic insights and recommendations to enhance operational efficiency and mitigate risks.

Key Responsibilities:

• Develop and implement a comprehensive internal audit strategy aligned with the organization’s business objectives.
• Develop and execute a risk-based internal audit plan.
• Lead operational, and financial audits across all business units.
• Report & Present audit findings and recommendations to Audit & Senior management .
• Follow up on corrective actions and monitor their implementation as per agreed timeline.
• Evaluate the effectiveness of internal controls and recommend process enhancements.
• Work closely with department heads to improve efficiency and compliance.
• Lead, mentor, and develop an internal audit team with industry-specific expertise.
• Ensure that all subordinates have clear objectives, constructive and accurate performance feedback sessions formal annual performance appraisals, and individual development plans.
• Adhere with direction for the development and implementation of organizational unit’s policies, systems, processes and procedures, identifying potential areas of improvement to ensure efficient and effective operation.
• Provide training and awareness sessions on internal controls, compliance, and fraud prevention.
• Maintains professional standard of work, keeps current with internal audit best practices, uses own professional judgment as and when required and regular contact with process owners to discuss audit scoping, audit interviews, and briefings on outcome of audits.
• Maintains sufficient general knowledge of overall company procedures, policies, and objectives to identify potential risk areas more efficiently.