Duties and Responsibilities:
- Develop and implement the internal audit strategy and annual audit plan aligned with the organization’s goals and regulatory requirements.
- Provide strategic leadership and direction to the audit department, fostering a culture of integrity, professionalism, and continuous improvement.
- Report directly to the Audit Committee and senior management on audit activities, findings, and recommendations.
- Oversee the planning, execution, and reporting of internal audits to ensure compliance with professional standards and regulatory requirements.
- Review and approve audit scopes, objectives, and methodologies to ensure comprehensive audit coverage.
- Monitor the timely communication of audit results and facilitate the implementation of audit recommendations.
- Assess the organization’s risk management framework and provide insights and recommendations to mitigate risks effectively.
- Ensure compliance with applicable laws, regulations, and internal policies.
- Collaborate with other departments to enhance risk management and compliance practices across the organization.
- Lead, mentor, and develop a team of audit professionals, ensuring they possess the necessary skills, knowledge, and resources to perform their roles effectively.
- Conduct performance evaluations, provide feedback, and support the professional development of audit team members.
- Evaluate the adequacy and effectiveness of the organization’s internal controls.
- Recommend improvements to internal control processes to enhance operational efficiency and safeguard assets.
- Act as the primary liaison between the audit department, senior management, the Audit Committee, and external auditors.
- Communicate audit findings, risk assessments, and recommendations clearly and effectively to stakeholders at all levels.
- Stay abreast of industry trends, regulatory changes, and best practices related to audit and risk management.
- Drive continuous improvement initiatives within the audit function to enhance efficiency, effectiveness, and value-add to the organization.
Qualifications, Skills and Experience:
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. Advanced degree (MBA or MS) preferred. CPA, CIA, or other relevant professional certification.
- Minimum of 12 years of progressive experience in internal audit, risk management, or related fields, with at least 5 years in a senior leadership role.
- Thorough understanding of audit principles, practices, methodologies, and standards.
- Strong analytical and problem-solving skills.
- Excellent leadership, interpersonal, and communication skills.
- Ability to build and maintain effective relationships with stakeholders.
- Proficiency in audit software and data analytics tools.
Job Type: Full-time
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