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Head of Risk & Internal Audit

  • Dartford, Kent, England
  • Permanent
  • £70k - 90k per year + Benefits
  • Professional Services
  • Finance Management
Posted 11 April 2024
Job ref: 230663CSY

Head of Risk & Internal Audit

|
Dartford, Kent, England

Morson are partnering with a leading Global Engineering business who are looking to recruit a Head of Risk & Internal Audit. Reporting to the CFO, this role will play a fundamental part in managing & advising the business around risk & assurance. It will be a hand on role that will probe across different parts of the business to temperature check the health of business operations, projects and drive process improvement. 

Our client employs more than 1,000 people across the world in more than 15 countries. They provide innovative solutions to some of the worlds leading organisations. 

The Head of Risk and Internal Audit will have overall responsibility for the Group Internal Audit and Risk function, which has a global remit to provide independent assurance that the businesses risk management, governance and internal control processes are well designed and operating effectively.

KEY RESPONSIBILITIES

  • Developing and implementing the Group Internal Audit and Risk Plan, with a focus on improving the control design and operational effectiveness of controls over key strategic and operational risk areas.
  • Plan, perform and communicate risk-based audit reviews of financial, operational, commercial and reputational compliance.
  • Provide cost-effective recommendations to mitigate the risks and control weaknesses identified during the review process.
  • Managing and maintaining the Group’s Strategic Risk Register in conjunction with the Group Excom, highlighting key risks and mitigating controls, as well as tracking the progress of Management’s implementation of action plans to address key risks within the Corporate Risk Register.
  • Prepare and present clear and concise findings to the Group CEO, Group Excom and ARAC, including identification of practical recommendations and solutions.
  • Engaging with key projects across the organization to ensure risks are considered and appropriately mitigated and keeping up to date with significant risk and control issues, as well as trends and developments in the wider industry.
  • Partnering with the business to provide best practice advice and support on key risk areas and undertaking ad-hoc projects as required.
  • Follow-up on audit findings and flag relevant topics drafting recommendations on corrective measures.
  • Apply professional judgement in planning and risk assessment activities, determining the right audit scope, key risks to be addressed and most suitable audit technique.
  • Identifying themes and trends, systemic/emerging issues and sharing insights with Group stakeholders as well as supporting reporting into relevant local Boards and Audit Committees.
  • Key member of the Audit Risk and Assurance Committee (ARAC), responsible for providing key updates on action items and audit activity across the Group.

QUALIFICATIONS, SKILLS & EXPERIENCE

  • Extensive experience working as a Head of Risk and Internal Audit with a proven record of success in an International Business environment, backed up by a relevant professional qualification.
  • A strong individual who can quickly facilitate engagement across the business, whilst still maintaining the discipline, impartiality and service orientation required for this role.
  • Strong understanding of internal controls, audit protocols and risk management frameworks.
  • Excellent communicator with strong time management skills.
  • Keeping the business safe by overseeing the execution of audit engagements end-to-end, including global audits across different regions.
  • Experience working as auditor/head of risk within an Engineering Services company would be advantageous.
  • Excellent relationship management skills with proven ability to interact with stakeholders from all seniority levels and build business relationships.

This is a permanent role which has can be based in most UK locations. The role will be required to travel to Darford & London as well as oversees. The salary on offer for this role is up to £90,000 pa + car + bonus.