Manage the effective achievement of Internal Audit objectives through the leadership of the department - setting individual objectives, managing performance, developing and motivating staff, provision of formal and informal feedback and appraisal - in order to maximize subordinate and the performance of the department.
Policies, Systems, Processes, & Procedures
Implement approved departmental policies, processes, procedures and instructions to subordinates and monitor their adherence so that work is carried out in a controlled manner.
Day-To-Day Operations
Supervises the day-to-day operations of Internal Audit to ensure that work processes are implemented as designed and comply with established policies, processes and procedures.
Development of Annual Audit Plan
Providing input to assist to BU head of IA in the development of the annual audit plan
Execution of Annual Audit Plan
Defining Audit objectives
Review/Analyzing Business Processes understanding & relevant data to identify specific risks in the processes related to each assignment
Preparing audit program in consultation with BU head of IA and designing audit steps based on Business Process Understanding (BPU) as well as existing controls shared by the process owners against the specific risks identified.
Selection of samples for field work in consultation with BU head of IA
Conduct reviews (sample sizes, data interrogation techniques etc.)
Identifying, developing, and documenting audit issues and recommendations
Discuss audit findings and recommendations with BU head of IA and report significant issues
Obtaining management comments
Prepare draft audit report for BU head review
Understanding IA automation system for planning and also other segment of software including development of quality reports
Review of work paper and development of review notes for assistant managers
Ensures that all audit findings, exceptions and proposed adjustments in working papers are adequately documented
Continuous Improvement
Contribute to the identification of opportunities for continuous improvement of systems, processes, and practices considering 'international best practice', improvement of business processes, cost reduction and productivity improvement.
Reporting
Prepare reports timely and accurately to meet Savola and department requirements, policies and standards.
Health, Safety & Environment
Monitor the adherence to all relevant safety and environmental management procedures and controls to guarantee employee safety, legislative compliance, delivery of high quality products/service and a responsible environmental attitude.
Budgets and Plans
Contribute to the preparation of the I&A section budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues and areas of unsatisfactory performance are identified.
Related Assignments
Perform other related duties or assignments as directed.
10-12 years of relevant experience in any of the big four audit firms or in an internal audit division of multinational or regional organization. Manufacturing/FMCG experience will be given priority.
Bachelor's degree in business, accounting or finance.
CA/CPA/CIA qualified or working towards certification.
Excellent Project management & Data Analytics Skills.
