Head of Internal Audit

  • Location


  • Discipline:

    Finance & Audit

  • Job type:


  • Salary:

    £120,000 - £130,000

  • Email:


  • Job ref:


  • Published:

    about 1 year ago

Job Title:             Head of Internal Audit

Job Description:  A newly created role has arisen due to a period of growth, for someone to lead the Internal Audit function of a successful Fund services business. You will be responsible for devising and implementing the IA Strategy and the annual Audit plan and carrying out and reporting on operational, financial, regulatory, compliance & IT related audits.

Key responsibilities include:


  • Attend the Risk and Audit Committee and report on Internal Audit activity
  • Prepare audit reports for the Risk and Audit Committee and members of the Executive Committee
  • Develop, present and implement a vision for Internal Audit at the business
  • Lead the Internal Audit team, consisting of two direct reports and a Big 4 co-source provider, to
    deliver the annual Internal Audit plan in a timely manner within budget
  • Provide leadership, mentoring, training and development to Internal Audit staff
  • Plan, execute and report on operational, financial, regulatory, compliance and IT related audits
  • Develop the annual audit plan through review of the Business Risk Assessment and engagement
    with other key stakeholders such as Risk, Compliance, Information Technology, Executive
    Committee members and Non-Executive Directors of the Risk and Audit Committee
  • Develop and agree the scope for each audit with key stakeholders, documenting the control
    objectives, risks and audit approach
  • Conduct and document walkthroughs of processes to identify key controls
  • Perform audit procedures to verify that controls are operating effectively through testing and
    interviewing techniques
  • Analyse and conclude on design, effectiveness and efficiency of the control environment
  • Identify control gaps and opportunities for improvement


Skills & Qualifications:


  • Confident in dealing with Senior Executives / Board members
  • Strong negotiation skills and able to lead and influence individuals at all levels in a positive,
    constructive and non-aggressive way
  • Excellent interpersonal skills are an essential requirement in order to develop close working
    relationships with key stakeholders
  • Ability to focus on detail but understand the big picture
  • Excellent written and oral communication skills
  • ACA/CIMA/ACCA designation is highly desirable
  • Audit experience gained from working within a Big Four Accounting firm
  • At least 10 years’ relevant experience in an Internal Audit role with recent experience leading an
    Internal Audit function in a listed company
  • Excellent understanding of the standards of the Institute of Internal Auditors (IIA)