Job Description

Position:

Senior Internal Audit Manager

Core hours:

48 per week

Reporting to:

Personnel and Audit Director

Grade:

Senior Manager

Department:

Retail Services

Location:

Head office

Summary of role:

The internal audit manager is responsible for planning, executing and reporting on internal audits to evaluate the effectiveness of an organisation's internal controls, risk management and governance processes. This role requires confidence and a good level of organisation, as well as excellent relationship-building and communications skills - to collaborate with all levels of the business, including senior management and the audit committee.

Key responsibilities:

Audit-planning and execution:

producing an annual risk-based audit plan planning and producing scope documents and individual audits, defining objectives and identifying risks and controls agreeing on the scope of the audit with relevant management supervising the internal audit team, ensuring that audits are completed on time completing audits, including data analysis, testing and evaluation of control effectiveness producing comprehensive working papers which evidence any audit findings and recommendations ensuring that all audit procedures align with professional standards and company policies communicating with stakeholders throughout the audit process to ensure collaboration and buy-in for corrective actions conducting risk assessments across various business functions conducting ad hoc investigations, as required

Team leadership and management:

reviewing working papers and audit reports to ensure quality, accuracy and adherence to standards delegating tasks and managing the audit team's workload

Reporting and communication:

preparing clear, concise audit reports which summarise findings and recommendations agreeing on audit findings with management and obtaining responses to all recommendations, with timescales for completion presenting audit results to senior management and the audit committee following up and monitoring the completion of recommendations producing periodic board reports summarising completed audit work and findings producing quarterly reports for the audit committee containing the following elements: risk register audit plan recommendations tracker completed audits with recommendations audits in progress

Risk and control assessment:

maintaining and updating the organisations risk register, ensuring continuous evaluation for emerging risks arranging meetings with senior management from each department to identify and evaluate departmental risks and controls evaluating the effectiveness of internal controls and identifying weaknesses, inefficiencies and/or non-compliance issues

Stakeholder engagement:

building and maintaining strong working relationships with department heads, senior management and external auditors providing expert advice and guidance on internal controls, risk management and governance collaborating with other departments to help to enhance internal controls and business processes

CQSMA:

completing 15 CQSMA calls per period, including weekend and evening visits

Required skills and qualifications:

strong knowledge of auditing standards, principles and practices (eg IIA's international standards for the professional practice of internal auditing) solid understanding of risk management frameworks, internal control concepts and governance procedures proficient using Microsoft Office applications (eg Excel, Outlook, PowerPoint, Word) knowledge of relevant regulations and compliance requirements excellent presentation, interpersonal and communications skills strong analytical and problem-solving abilities objectivity and a high level of integrity ability to work independently and as part of a team accountancy or chartered auditor qualifications - advantageous

Salary:

competitive

Benefits:

25 days' paid holiday (plus bank holidays) pro rata; deferred bonus scheme; free shares (after 18 months with the company); private medical insurance; contributory pension scheme

HOURS PER WEEK:

48