Director - Internal Audit (Real Estate & Manufacturing)

USD 12K - 15K + Benefits + Family status

Our client, a reputed Investment Group, is looking to hire a Director of Internal Audit. The role reports to the Chief Internal Audit Officer.

The incumbent must have experience in Real Estate, Manufacturing, or from a Holding Group. Email - Sunita.Mehrolia@antal.com

KEY RESPONSIBILITIES:

Managerial

• Provide direction and manage Group Internal Audit staff in performing their delegated tasks.
• Ensure that all Internal Audit staff acquire required skillsets, knowledge, and certifications through appropriate training and professional development.
• Direct, counsel, and coach audit staff, and review their work for adequacy of scope; leading the audit teams to optimal performance.
• Encourage good communication among all levels of staff.
• Monitor progress of projects through project status meetings or otherwise.

Organisational

• Contribute to the development and achievement of the department’s objectives.
• Provide inputs towards the development of the department’s policies and procedures and ensure its implementation.
• Assist in developing Group Internal Audit budget and resource requirements.
• Assist in preparing quarterly and annual reports on the department’s progress/performance to the Audit Committee.
• Assist Chief Internal Audit Officer to report findings, recommendations, and management response to the Audit Committee.

Internal Audit

• Meet with Senior Management to understand the company’s risks and develop a Risk-Based Internal Audit plan.
• Conduct risk assessments and assess the effectiveness of all levels of management in their stewardship of company resources and their compliance with established policies and procedures.
• Develop and execute a comprehensive audit coverage for the evaluation of the management controls over activities under review.
• Recommend improvement of management controls designed to safeguard company resources and ensure compliance with relevant laws and regulations.
• Appraise the adequacy of action taken by operating management to correct reported deficient conditions.
• Conduct assignments/special examinations including the review of representations made by persons outside the Group.
• Develop and maintain auditee, staff, management, and Audit Committee relationships through individual contacts and group meetings.
• Plan and manage outsourced audits/engagements.
• Undertake training needs analysis to determine training requirements and accordingly encourage opportunities for professional & personal development and sharing of knowledge & experience for Internal Audit resources.
• Pursue professional development opportunities, including external and internal training and professional association memberships, and share information gained with Internal Audit staff.
• Ensure independent internal quality review in line with the IIA standards.
• Facilitate External Quality Assessment.
• Coordinate audit efforts with the Group’s external auditors.
• Coordinate with Risk and Compliance functions for audit planning.
• Perform any other duties assigned by the Chief Internal Audit Officer.

Qualification & Experience:

• Bachelor’s degree in Accounting/Finance/Business Management.
• Experience in real estate, manufacturing, or from a diverse group holding.

Total work experience of 15 - 20 years, with a minimum of 12 years post-qualification Internal Audit experience and at least 8 years in a managerial role.