Head of Internal Audit
We are looking for a Head of Internal Audit to lead and oversee our internal audit function, ensuring the effectiveness of internal controls, risk management, and compliance within the organization.
Job Description:
- Review and ensure the development and implementation of strategic and annual audit work plans and budget of the Audit Department for Audit Committee review and approval. Oversee the implementation of the approved plan, ensure proper resourcing for implementation of the plan.
- Oversee the execution of performance, compliance, operational and financial audits in accordance with acceptable standards. Plan and oversee audits to assess controls, operational efficiencies and compliance with all policies, procedures, and regulations. Also, insure the timely and accurate completion of the audit plan.
- Understanding existing processes and preparing detailed process narratives to identify existing controls and to identify areas of improvement and risk mitigation techniques. Review audit reports, Identify and escalate strategic implications to the organization from audit engagement findings.
- Oversee the evaluation of the effectiveness of the risk management and governance process and contribute to the improvement of the risk management and governance process. Respond to ad hoc requests to address control issues on new business processes, policies, and procedures, and provide consultative services to management.
- Provide assurance on the efficiency, effectiveness and economy in the administration of programs and operations of the organization. Recommend revisions and/or additions to policies and procedures to improve operations as well as internal controls.
- Evaluate compliance of the organization with enactments, policies, standards, systems and procedures and recommend corrective actions. Perform analytical review for various companies in the group. Preparation and presentation of periodical MIS for top management with detailed analysis and exception reports.
- Evaluate the effectiveness of IT governance frameworks in supporting the organization’s strategies and objectives. Identify and leverage new digital technologies. Embrace technological transformations for finance and the overall business.
- Undertake special investigation at the request of Management and the Board
- Review and submit reports (Annual Audit report and quarterly report on the execution of annual audit work plan)
- Monitor the implementation of recommendations made in audit reports.
- Ensure training, mentoring and development of the audit team and liaise with HR towards the development of a succession plan for the department.
Requirements:
- A master’s degree in Audit, Risk Management, Accounting, Finance.
- Full professional accounting qualification (CIA, ACCA or equivalent).
- Minimum of 10 years relevant experience, of which at least 5 must have been at a managerial level.
- Experience in Big 4 audit company is an advantage.
- Results-oriented with strong analytical, problem-solving, and decision-making skills
- Excellent communication (written and verbal) and interpersonal skills with an ability to network and interact at all levels
- Advanced computer literacy skills - MS Office (Word, Excel, PowerPoint)
- Fluent in English
Working conditions:
- In accordance with the Labour Code of the Republic of Azerbaijan.
- Job Location: Baku, Heydar Aliyev International Airport area, separate modern building.
- Work Schedule: Full-time (5 days per week from 09:00 till 18:00).
- The company daily provides free service transportations from/to different locations (such as, Koroglu m/s, Bakikhanov, Amirdjan, Mardakan, Bina, Surakhani and so on).
- The company offers a comprehensive benefit package
To apply please submit your resume to the e-mail address in the Apply for job button with an indication of the position name in the subject line. Salary is competitive and to be discussed during job interview.