Sr. Manager, Internal Audit

STRATEGIC

• Develops and implements a 5-year strategic plan which covers IADs long-term direction and aligns the IADs strategies and plans to the organizations business objectives.
• Updates the IAD plan to include emerging risks and opportunities.
• Assesses IAD and its performance periodically and reports results to senior management and external stakeholder groups.
• Undertakes value-adding change, continuous improvement initiatives, and innovation within the IAD, as well as within the organization.
• Monitors and assesses trends and emerging issues that could impact the organization.
• Maintains a network of contacts with industry and other relevant bodies to benchmark the organizations performance, risk and control.

OPERATIONAL

• Ensures the conformance of the International Professional Practices Framework (IPPF) and promotes its use throughout the organization.
• Develops an annual audit plan based on an understanding of the significant risks to the organization and the environment in which it operates.
• Ensures that IADs audit plan is able to provide assurance on the control environment and significant risks to the organization.
• Manages the performance of audit and assurance engagements and activities in alignment with the annual audit plan.
• Ensures that IADs audit and assurance activities provide assurance to the organizations governance, risk management, and control processes.
• Evaluates the organizations governance, risk management, and control processes and reports findings and recommendations to the Board of Directors and senior management.
• Coordinates and works with other internal and external providers of assurance services.
• Provides assurance to the Board of Directors and senior management on the effectiveness of the organizations governance, risk, and control processes.
• Identifies and assesses key risks to the organization and recommends strategies and actions to address those risks.
• Reviews and assesses, on a regular basis, the appropriateness and effectiveness of the organizations risk management processes.
• Provides support and guidance to the Board of Directors and senior management on legal and regulatory compliance matters.
• Identifies and assesses opportunities for improvement in the organizations operations, processes, and systems.
• Ensures that IADs audit and assurance activities are conducted in accordance with the Standards and the organizations policies and procedures.
• Manages the IADs resources effectively and efficiently to ensure that audit and assurance activities are conducted in a timely and cost-effective manner.
• Reports on the status and results of audit and assurance activities to the Board of Directors and senior management.
• Reviews the plans, as necessary, in response to changes in the organizations business, risks, operations, programs, systems and controls, and communicates significant changes to the Board of Directors.
• Demonstrates management/administration skills in managing an internal audit function.
• Appraises the internal audit, considering trends and available for training, technology, or additional staffing needs to deliver the plans, and functions via just-in-time basis.
• Ensures that IAD resources have appropriate (i.e., appropriate mix of knowledge, skills, and other competencies) to perform its plan.
• Provides periodic reports to the Board of Directors/executive management, summarizing results of audit activities, including significant audit issues and recommendations for improvement.
• Reports, periodically, the internal audits performance relative to its plan.
• Ensures the timely completion of audit engagements and managements agreement on significant findings and recommendations.
• Performs the Board of Directors/executive management and other senior management on the internal audits role and practices of the organization.
• Coordinates with the Board of Directors/executive management and other senior management to ensure the internal audits role is understood, and supports the organizations objectives.
• Reviews the internal audit charter and recommends changes to the Board of Directors/executive management to ensure that the internal audits role remains relevant to the organizations needs.
• Performs additional duties that may be assigned by the Board of Directors/executive management.

ADMINISTRATIVE

• Develops measurement tools such as self-assessment metrics such as key performance indicators, and is accountable for the IADs performance against established performance goals and objectives.
• Establishes and implements policies and procedures to guide the IADs activities and ensure compliance with professional standards and organizational requirements.
• Manages the IADs budget and ensures that resources are used effectively and efficiently.
• Ensures that the IADs staff members are appropriately trained and qualified to perform their duties.
• Provides leadership and guidance to IAD staff members, including setting performance expectations, conducting performance evaluations, and providing opportunities for professional development.
• Promotes a culture of ethical behavior and compliance within the IAD and the organization.
• Maintains open and effective communication with the Board of Directors, executive management, and other key stakeholders to ensure alignment of the IADs activities with the organizations goals and objectives.
• Represents the IAD in meetings with external auditors, regulatory agencies, and other external stakeholders.
• Ensures that the IADs activities are conducted in a manner that protects the confidentiality, integrity, and availability of information.

Qualifications

• Bachelor's degree in Internal Auditing, Accountancy, Business Administration or Laws
• At least seven (7) years managerial experience and five (5) years in the retail industry
• Relevant trainings are a plus
• Preferably a Certified Internal Audior, Certified Public Accountant, or a Licensed Attorney-at-Law