Job Purpose
Manages the delivery of Internal Audit (IA) assurance and advisory services within the HMMME. This includes managing annual planning, engagement execution and follow-up activities for a portfolio or engagements. Develops strong relationships with key stakeholders from across the business and provides insights that adds value and make a positive difference.
Generic Accountabilities
Leadership and People Management
- Plans, manages and reviews direct reports performance to track that their performance and development goals are achieved.
- Provides honest and timely feedback, development and coaching (to engagement teams and direct reports), and takes prompt action, where necessary, to ensure progressive development and learning opportunities.
- Proactively proposes and implements ideas which contribute towards the strategic direction of IA.
- Lead and or support on assigned IA strategic initiatives.
- Positively and proactively advocates change relating to all work practices.
Collaboration
- Shares knowledge across the IA Team, IA Function, as appropriate, to enhance the team's capabilities and practices.
- Collaborates with colleagues to ensure that resources are shared where necessary, leveraging key strengths from across the Function to support efficient and high quality delivery of the overall IA plan.
- Constructively challenges peers to ensure that the IA Function performs at its optimal level.
- Recognizes, and celebrates collaborative behavior across the IA Team and IA Function.
Leverages and supports the IA Operations Team where relevant, to minimize time spent on administrative activities.
Business Partnering
- Creates, develops and maintains strong relationships with senior management (for their IA Team), to keep abreast of their changing business needs.
- Develops relationships across HMMME and externally, to enable effective knowledge sharing within IA and across the HMMME.
- Supports the Internal Audit Manager with Department reporting, as required.
Budget Monitoring
- Supports in effectively manages their IA Department expense budgets, including travel and consultant expenses. Agrees budget variation for overruns in advance of incurring the expense with the Engagement Supervisor
Policies and Procedures
- Undertakes all relevant activities above in line with the Function's policies and procedures, including the IA methodology and IA Delegation of Authority.
Authority and Decision Making
- Reports to the Internal Audit Manager and refers to them on all strategic and critical matters.
- Refers key decisions which have a significant impact on the Function to the IA Head of Department for approval.
- Acts as the Engagement Manager for assigned engagements, as part of the IA Plan.
- Manages the delivery of the Department approving key engagement touchpoints in the audit management system, as specified by the IA Methodology and the IA Delegation of Authority.
Job Specific Accountabilities
Audit and Advisory Delivery
- Supports with the development of a dynamic risk-based platform IA plan by managing the delivery of the risk assessment and annual planning activities. This involves proposing engagements for inclusion in IA plans, including the scope, timing and required resources.
- Acts as the Engagement Manager* for multiple concurrent or large and/or complex engagements within the IA Department. Responsible for the day-to-day project management of the engagements across planning, fieldwork and reporting, ensuring delivery of high quality assurance and advice, on time and to budget.
- Establishes and maintains regular coordination between the Internal Audit Manager, management and the engagement team on the progress of engagements, ensuring corrective actions are taken to address any identified issues impacting the engagement plan.
- Regularly monitors and reports on the progress of management action plans for their IA Department, facilitating the effective and timely implementation of management action plans. This involves guiding action owners (where necessary), challenging revised due dates, escalating overdue actions and managing the verification of closed actions.
- Supports and coaches engagement teams throughout the engagement lifecycle, to facilitate the correct application of the IA methodology, and enhance the teams functional and leadership competencies.
- Supports the Internal Audit Manager with the delivery of their role, as delegated.
Quality Assurance and Improvement Program (QAIP)
- Actively engages with in quality activities to IA Department, soliciting in-flight quality advice (as necessary) and facilitating quality assessments.
- Ensures that QAIP feedback received is appropriately addressed by their engagement teams, to further enhance engagement quality, as well as the team's capabilities.
- Advocates Quality across the IA Function.
Job Requirements
- Bachelor's degree in any field.
- A recognized certification such as CIA, CISA, CPA, ACCA, ACA, CFE or equivalent is preferred.
Experience
- Minimum of 5-7 years experience in a similar role in a complex organization or a Big 4 firm, preferably with experience working in the automotive manufacturing sector.
