Head of Internal Audit at AutoXpress Ltd

THE ROLE

This is a senior management level role, that will be responsible for overseeing the Internal Audit Function and will be responsible for designing, developing, planning and undertaking the Internal Audit program(s) by adopting a risk-based approach through identification of the key risk areas within the GUoXp·V bXVineVV activities, operations and processes.

The key purpose of the function will be to provide an independent and objective assurance to the Board through the Board Audit, Risk & Compliance Committee (BARCC). The position will have a dual reporting, administratively to the MD and functionally to the Board.

The role is designed to add value and to improve the operations of the Group by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of internal controls, risk management and governance processes.

PRINCIPAL ACCOUNTABILITIES

• Conduct an evaluation of the effectiveness of the internal control, risk management and governance systems and processes of the entire Group and related Companies, including the branches and outsourced activities
• Anal\]e financial, opeUaWional and managemenW pUoceVVeV and infoUmaWion V\VWemV conWUolV· effectiveness and efficiency with a view to improve them and propose value added recommendations.
• Prepare an Annual Internal Audit Plan based on resource and time requirements,
• Prepare programs of audit tests to be conducted during audit assignments.
• Conduct the audits in an independent and objective manner.
• Prepare and present detailed audit reports for presentation to the BARCC.
• Be involved in any investigations and special audits/assignments that may be requested by the BARCC and prepare reports on such assignments.
• Monitor the implementation by management of the recommendations as may be approved by the BARCC.
• Lead the audit team including assign work, supervise and review work done by audit staff.
• Occasional liaison with external auditors and other regulatory bodies as may be necessary.
• Ensure compliance with internal policies and external regulations
• Periodically review the various charters, policies and frameworks as may be applicable.
• Prepare a Risk framework in consultation with other managers and conduct periodic risk assessments and review matrices, covering all areas of business operations.
• Any other duties as may be assigned by the Board Audit and Risk Committee

KEY COMPETENCIES

• Have sufficient knowledge of audit methodologies and techniques
• Planning and organizing
•  Multitasking and prioritization
• Discretion
• Dedication to continuous improvement
• Team player and yet ability to be a self-starter with minimum supervision and deliver on deadlines
• Excellent written and verbal communication including listening skills with the ability to interact with all levels of staff

EDUCATION AND EXPERIENCE

• At least 10 years progressive audit related experience with at least 4 years at a senior level.
• Previous experience in a similar role with interactions with Boards and with an international / regional organization will be of a distinct advantage to the applicant
• Holder of a business-related undergraduate degree is a pre-requisite while a Post graduate degree in a relevant field (e.g. MBA, MSc Finance, M Comm, etc) will be an advantage
• Professional qualification in Accountancy (CPA / CA / ACCA / etc) and a member of good standing of a relevant professional body (such as: ICPAK, ACCA, IIA).
• Computer literacy and familiarity with MS office applications and working knowledge of Teammate would be advantageous