Head of Internal Audit
Our client is a high profile humanitarian aid charity. It has been in the first wave of support on the ground in locations such as the Ukraine, Libya, Yemen and Nepal to name only a few of the missions it have undertaken recently. The charity is well funded by charitable trusts, foundations and the public and has increased its funding base by over 100% in the last two years due to the demonstrable success of the programme they have
The Head of Audit role will report directly to the Audit Committee and CEO and manage a small in-house audit team. The responsibilities of the role will include;
- Develop a systematic, disciplined approach to evaluate and improve the effectiveness of control, compliance, risk management and governance processes developed and maintained for the Group.
- Develop a flexible annual audit plan using an appropriate risk based methodology, including any risks or controls and concerns identified by management.
- Ensure the approved annual audit plan is implemented effectively, phased appropriately across the financial year and progress is regularly presented to Audit Committee, Group Executive and Business Units.
- Ensure direction and guidance is provided to determine the appropriate approach to assess and resolve internal control issues, including reviewing and agreeing with local management appropriate timeframes for delivery of specific actions.
- Ensure the budget and manpower is managed effectively, including the use of external resources to ensure optimal audit coverage is in place across the whole Group.
- To develop standards and training for the Audit team and to ensure consistent execution of audits across the Group.
- To help drive a culture of risk management and strong controls throughout the business and help promote the positive business benefits of risk management as part of normal management practices.
- To keep abreast of best practice and external developments in Internal Audit and Corporate Governance and ensure this learning is shared with the wider business.
The preferred individual could be an established Head of Audit or a departmental No.2 in a mature, well regarded audit function. Previous experience of working in the charity sector would be advantageous but not essential. Experience of working in developing countries however is essential as is a willingness to travel around 25% of the time, occasionally at short notice. The individual must be comfortable presenting to the Main Board and Audit Committee and able to build strong working relationships with the operational management and junior team members across a truly global cultural environment.