Head Of Internal Audit
Job Summary:
The Head of Internal Audit will play a pivotal role in driving strategic objectives by objectively assessing governance and risk management. Responsible for ensuring the adequacy and effectiveness of financial controls, this position involves testing and optimizing existing controls, maintaining an inventory of policies and processes, and improving customer care through enhancements to the financial control and auditing process. With a focus on identifying vulnerabilities and developing new audit programs, the Head of Internal Audit will also contribute to financial management decisions and updates to the internal audit plan.
Responsibilities:
- Develop and execute a comprehensive internal audit strategy aligned with the organization's strategic objectives.
- Assess and enhance the effectiveness of the organization's governance and risk management processes.
- Provide expert guidance and recommendations on best practices in governance and risk mitigation.
- Evaluate the adequacy and effectiveness of existing financial controls and make necessary adjustments to optimize performance.
- Proactively identify emerging risks and propose innovative solutions to mitigate potential threats.
- Collaborate with senior management to implement improvements to financial control and auditing processes, enhancing customer care and overall operational efficiency.
- Conduct thorough inquiries and testing to identify vulnerabilities and implement appropriate remedial actions.
- Develop and implement new audit programs to ensure the adequacy of financial controls and compliance with industry regulations.
- Oversee the planning and execution of internal client meetings, ensuring timely and accurate financial disclosures.
- Provide strategic recommendations to financial management regarding software, policies, and audit triggers to drive continuous improvement.
- Create and update the internal audit plan, aligning it with the organization's goals and objectives.
- Establish and maintain effective relationships with stakeholders, including the Audit Committee, senior management, and external auditors.
Requirements:
- Bachelor's degree in accounting or a related field. A Master's degree or CIA certification will be highly advantageous.
- Minimum of 10 years of progressive experience in internal audit, with a strong focus on strategic and financial aspects, preferably within the pharmaceutical or related industries.
- Demonstrated expertise in assessing and improving governance, risk management, and internal control frameworks.
- In-depth knowledge of industry regulations, compliance standards, and best practices.
- Exceptional analytical skills, attention to detail, and problem-solving abilities.
- Proven track record of successfully managing and leading complex audit engagements.
- Excellent communication, presentation, and interpersonal skills, with the ability to effectively engage stakeholders at all levels.
- Strong strategic thinking and business acumen, with the ability to provide valuable insights and recommendations.
- Ability to operate with a high level of independence and integrity.
- Advanced proficiency in audit software and MS Office applications.
We offer a highly competitive salary package commensurate with experience, along with a comprehensive benefits package. If you are a dynamic, strategic thinker with a passion for driving excellence in governance and risk management, we invite you to apply for this key leadership role.
Only shortlisted candidates will be contacted for further consideration.
