Group Head of Internal Audit

• Developing the audit vision that provides timely information with bias and absolute integrity to business leaders.
  
• Setting and executing the strategy for Internal Audit in alignment with the overall Group strategy and drawing on diverse sources of information including competitor industry economic trends to advise on business improvement opportunities.
  
• Developing and maintaining strong relationships and communications with the Audit Committee to ensure concerns are addressed and expectations met; approves and oversees the reports to the Audit Committee and senior management which address key business risks and control issues within the Company.
  

• Providing risk management and internal control leadership and supporting regarding effective operating and designed controls risk mitigation strategies and overall compliance with the Group policies and procedures.
  
• Developing and maintaining strong relationships with Group EXCO team providing guidance and/or consultation in the development of strategies to improve financial and operational performance of the business; act as an early warning system for business and financial risks; supports business ethics and integrity initiatives.
  
• Provides leadership in the development of audit plans procedures and programs to evaluate the adequacy of the company s internal control environment.
  
• Maintaining standard internal controls to ensure the identification of significant accounts processes assertions and risks documentation of significant processes and the identification and evaluation of the control design the performance of tests and controls and the overall assessment of financial reporting and internal controls.
  
• Developing and maintains strong working relationship with external auditors to ensure effectiveness of service delivery and appropriate resolution of findings/issues identified.
  
• Regularly monitoring and innovating as appropriate accounting practices and strategies to optimize business performance.
  
• Developing an organizational competency in the audit function by identifying and integrating best practices in work flow measurement technologies and resource configuration
  

• Controlling appropriate expenses and maximizing returns on investments to all Business Units at Abacus group and key stakeholders
  
• Responsible for deploying appropriate tactics to meet/exceed budgeted goals
  
• Oversees internal audit processes of the enterprise as well as the specific administrative activities associated with operating the Internal Audit (business planning reporting budgeting etc.)
  
• Ensuring appropriate metrics are in place to manage business risks and improve decision making; ensure strong accounting and operational control environment to safeguard the Group business and improve operations.
  

• Improves business performance through leveraging talent and organizational systems. Leads the selection development and retention of key leadership talent in division in order to build a highperforming diverse workforce. Supervises the daytoday activities of direct reports and promotes a work environment that is fair equitable feedbackrich and career opportunityfocused. Assembles a high performing leadership team that bridges the gaps in own competencies based on an exceptional understanding of business performance requirements
  
• Partners with Human Resources leadership to strengthen the organization performance through ensuring effective structures processes jobs and performance management systems along with the right people are in place to support the strategic priorities of the business.
  
• Sets goals and expectations for direct reports with Business Performance Management (PM) tool and holds staff accountable for successful performance; coaching them by providing specific feedback to improve performance; conducts annual performance appraisal with direct reports; and ensures the same occurs at lower level of his/her organization
  
• Champions leadership development and workforce planning priorities by personally assessing selecting retaining and developing diverse high caliber talent that can lead the organization today and strengthen the leadership bench for the future; works with Human Resource Leader to anticipate future talent needs based on business growth plans and allocates resources appropriately.
  
• Actively assists in transferring talented internal auditors out of the department into other challenging positions within the company.
  

• Internal External Colleagues Subordinates
  
• EXCO
  
• Board of Directors
  
• Internal Auditors
  
• External Auditors
  
• Regulatory authorities
  
  

• Strong business acumen and service orientation.
  
• Outstanding strategic planning and management skills
  
• Extensive accounting skills and knowledge of the business processes and systems necessary to execute work
  
• Depth of knowledge in generally accepted finance and accounting policies principles and controls
  
• Depth of knowledge of accounting theory auditing standards procedures and related techniques.
  
• Knowledge of auditing information systems and systems designs.
  
• Strong working knowledge of information technology and its implications for business commerce and managing and controlling business operations
  
• Ability to determine emerging risk management concepts and control models
  
• Develops and maintains effective relationships with a broad group of stakeholders in order to foster trust and influence key decisions
  
• Able to build effective teams that are committed to organizational goals and initiatives
  
  

Requirements