Role Overview:
The Director of Internal Audit will be responsible for leading and managing all internal audit activities within the organization. The role will involve evaluating the effectiveness of internal controls, ensuring compliance with laws and regulations, and identifying areas for operational improvement. The ideal candidate will have extensive experience in auditing, risk management, and leadership, with the ability to influence senior management and drive positive change within the organization.
Key Responsibilities:
- Lead and manage the internal audit function, ensuring alignment with company goals and best practices.
- Plan, execute, and oversee audits to assess the effectiveness of internal controls, risk management processes, and compliance with applicable laws and regulations.
- Identify and evaluate areas for operational efficiency and effectiveness, making recommendations for process improvements.
- Develop annual audit plans, considering the organization's risk profile and strategic objectives.
- Report audit findings to senior management and the Audit Committee, offering recommendations to address identified risks and improve processes.
- Provide guidance to management on internal control improvements, fraud prevention, and risk mitigation strategies.
- Oversee the preparation of detailed audit reports, ensuring they are accurate, timely, and actionable.
- Stay current with industry trends, regulatory changes, and best practices in internal auditing.
- Foster a culture of compliance and continuous improvement across the organization.
- Collaborate with external auditors, legal teams, and other stakeholders as necessary.
- Build and manage a high-performing internal audit team, ensuring professional development and continuous learning.
