Director of Internal Audits

Job Description

• Work with management to ensure a system is in place which ensures that all major risks are identified, analyzed, and acted upon in an agile manner.
• Plan and implement internal audit activities to provide assurance, insight, and advice to the management under supervision of the GRCC.
• Provide and review follow-up plans for all audits performed and discuss in the GRCC meetings along with their score ratings.
• Prepare and circulate minutes of meetings of the GRCC to relevant stakeholders.
• Prepare and maintain a charter for internal audit that is periodically reviewed and approved by the GRCC.
• Drive the development of Standard Operating Procedures (SOPs) throughout the organization, including the development and documentation of key risk controls.
• Manage the direction and leadership of the Internal Audit team and ensure all aspects of the internal audit function operate at the highest levels.
• Ensure that Internal Audit practices are either aligned with or an improvement on the profession’s standards and guidelines given by the Institute of Internal Auditors.
• Deliver effective and clear audit reports. Ensure that audit issues are well-defined, root causes are identified, and recommendations for improved internal controls and processes are communicated appropriately. As needed, provide leadership for the development and implementation of corrective action plans.
• Provide clear and concise oral and written communications details of the Audit programs, objectives, and findings to senior management, external auditors (ISO Audits as well), audited subjects, and regulatory authorities.
• Coordinate internal audit efforts with the Company's external auditors to ensure the most cost-effective audit coverage.
• Manage the enterprise risk management (ERM) program and ensure top risks are assessed and adequate mitigation steps are in place.
• Ensure that Internal Audit function (a key element of i2c’s enterprise-wide risk management approach) interfaces with other risk and oversight functions to ensure optimal coverage of i2c's key business risks.
• Maintain an independent yet supportive in-house assurance capability that provides comfort to i2c's management and the GRCC as to the company's overall control environment.
• Report to both the GRCC and management on the policies, programs, and activities of the department.
• Review all key functions, report on the findings, make recommendations on systems and procedures, and monitor management's response and implementation of recommended controls/remediation measures.
• Review and report on the accuracy, timeliness and relevance of financial and other information that is provided to management.
• Oversee regular audits of various business functions to ensure their procedures comply and align with industry best practices and security standards.
• Raise Risk and Security awareness within the organization through training sessions and published materials.

We are looking for

Education

Master’s in management sciences/Accounting/Finance/Fellow Chartered Accountant (FCA)/Associate Chartered Accountant (ACA)

Experience

Min 15 Years

Professional certifications

Certified Internal Auditor/Certified Information Systems Auditor

Skills

• Working experience and Knowledge of the International Professional Practices Framework of the Institute of Internal Auditors.
• Interest and deep knowledge of compliance & regulations.
• Knowledge of a variety of reporting procedures, regulations and law.
• Demonstrates competence and due professional care.
• Aligns with the strategies, objectives, and risks of the organization.
• Demonstrates quality and continuous improvement.