Head – Internal Audit

Key Responsibilities & Accountabilities

Strategic Leadership & Governance:

– Develop, implement, and maintain the Group Internal Audit Charter, policies, procedures, and audit methodologies in line with IPPF, IIA standards, and best industry practices.

– Prepare and execute the annual risk-based audit plan covering all business units, subsidiaries, joint ventures, and support functions across the Group.

– Provide independent assurance to the Board, Audit Committee, Shareholders, and Executive Management on the adequacy and effectiveness of governance, risk management, and internal control frameworks.

– Act as a strategic advisor to management on emerging risks, business process improvements, governance practices, fraud prevention, and regulatory compliance requirements.

– Lead the development of enterprise-wide risk assessment processes and ensure audit priorities align with key organizational risks and strategic objectives.

Audit Management & Oversight:

– Direct and oversee operational, financial, compliance, IT, project, and special audits across all Group entities.

– Ensure audit assignments are adequately planned, supervised, documented, executed, and completed within agreed timelines while maintaining the highest professional standards.

– Review and approve audit programs, working papers, risk assessments, observations, and audit conclusions prepared by the audit team.

– Ensure audit findings are supported by sufficient evidence and communicated effectively to management through clear and actionable recommendations.

– Review and approve final audit reports and present significant findings, risks, and recommendations to senior management and the Audit Committee.

– Monitor implementation of audit recommendations and follow up on outstanding actions to ensure timely closure of identified control deficiencies.

Risk Management & Internal Controls:

– Evaluate the effectiveness of financial, operational, and compliance controls across the organization and identify opportunities for improvement.

– Assess strategic, operational, financial, regulatory, cybersecurity, and reputational risks and provide recommendations for mitigation.

– Ensure adequate controls exist to safeguard company assets, prevent fraud, reduce operational risks, and improve business efficiency.

– Lead fraud investigations, special reviews, whistleblower investigations, and management-requested assignments while maintaining confidentiality and professional integrity.

– Review the effectiveness of business continuity, disaster recovery, crisis management, and corporate governance frameworks.

Compliance & Regulatory Assurance:

– Ensure compliance with applicable laws, regulations, shareholder directives, corporate policies, and industry standards.

– Monitor regulatory changes and assess their impact on business operations, governance, and compliance requirements.

– Coordinate with external auditors, regulators, government authorities, and other assurance providers where necessary.

– Provide assurance regarding the adequacy and effectiveness of compliance management systems across the Group.

Leadership & People Management:

– Lead, mentor, coach, and develop the Internal Audit team to build a high-performance audit function.

– Establish performance objectives and professional development plans for audit staff.

– Promote a culture of ethics, accountability, transparency, continuous improvement, and risk awareness throughout the organization.

– Ensure audit resources are effectively allocated and utilized to maximize audit coverage and value.

Reporting & Stakeholder Management:

– Maintain effective working relationships with senior management, shareholders, department heads, and external stakeholders.

– Periodically report audit performance, key risk indicators, significant findings, and internal control trends to the Board and Audit Committee.

– Support management in developing corrective action plans and strengthening the overall control environment.

– Represent the Internal Audit function in executive meetings, governance forums, and strategic business discussions as required.