Overview:
Our client is seeking to
appoint a senior professional to oversee and direct their Internal Audit
Department through the formulation of an appropriate Internal Audit framework
and ensure timely execution of the Audit Plan.

The
Head of Internal Audit will work closely with the company’s other departments
as needed, while maintaining the necessary auditor independence and
objectivity. The Head of Internal Audit reports directly to the Audit Committee
of the Board of Directors, with administrative oversight from the Chief
Executive Officer.

Duties
& Responsibilities:

• 
  Establishes
  the Internal Audit Charter and Terms of Reference.
• 
  Leads
  the Internal Audit Department’s risk assessment and planning process.
• 
  Plans
  and oversee Internal Audit engagements to assess the adequacy and effectiveness
  of the company governance, risk management and control processes.
• 
  Assess
  compliance with policies, procedures, laws and regulations.
• 
  Provides
  recommendations for improving operational efficiency and effectiveness.
• 
  Maintains
  an appropriate system for recording all audit plans, work papers, reports, and
  follow-up testing.
• 
  Reviews
  audit work performed by Internal Audit team members for completion and
  accuracy.
• 
  Prepares
  and completes detailed audit work for certain audits.
• 
  Reviews
  and issues Internal Audit reports.
• 
  Recommends
  revisions and/or additions to policies and procedures to improve operations as
  well as internal controls.
• 
  Updates
  the Audit Committee on the status of the Internal Audit Plan on a quarterly
  basis.
• 
  Informs
  the Audit Committee of emerging risks and/or exposures.
• 
  Ensures
  that Internal Audit is performing its work in accordance with the International
  Standards for the Professional Practice of Internal Auditing.
• 
  Ensures
  that internal and external quality assessments are performed as required.
• 
  Conducts
  training sessions to educate and promote awareness of risk management and
  internal controls.
• 
  Proactively
  expands or maintains an understanding of the business’ strategic goals and
  objectives, key processes and business applications.
• 
  Conducts
  performance appraisal of Internal Audit employees.
• 
  Supports
  a culture of risk awareness at all levels of the organization.
• 
  Determines
  an adequate budget to support planned Internal Audit activities.
• 
  Maintains
  a strict level of confidentiality on all matters reviewed.
• 
  Perform
  other related duties as assigned and necessary for the development of the company.

Requirements

• 
  Professional
  certification such as CIA or ACCA required.
• 
  Certifications
  such as CPA, CISA or CFE would be an asset.
• 
  Proficient
  in Microsoft Office and Data Analytics (e.g. ACL, IDEA, or similar tools).
• 
  Bachelor
  of Science or Master of Science Degree from an accredited college or
  university, in Accounting or Finance or related discipline.
• 
  Minimum
  of 10 years’ relevant experience required (e.g. internal and/or external
  auditing, accounting, risk management, IT general controls, etc.).
• 
  Knowledge
  of International Financial Reporting Standards, International Standards for the
  Professional Practice of Internal Auditing, laws and regulations.
• 
  Knowledge
  of International Financial Reporting Standards, International Standards for the
  Professional Practice of Internal Auditing, laws and regulations.
• 
  Results-oriented
  with the ability to manage competing priorities, prioritize work and perform
  multiple tasks in to meet deadlines.
• 
  Must
  possess the highest level of professionalism, confidentiality, sound morals and
  ethics, with the ability to develop trusting and effective working
  relationships with colleagues across the organization.
• 
  Must
  have sound problem-solving, analytical and planning skills.
• 
  Excellent
  verbal and written communication skills, with an ability to succinctly
  communicate complicated technical and operational issues in business terms.
• 
  Proven
  ability to collaborate, influence and drive results at all levels of the
  organization.
• 
  Financial
  services audit experience at the management level is required.