Interim Head of Internal Audit
Posted 4 days ago by GRG Executive Search
£120 Per hour
Outside
Onsite
Birmingham, England, United Kingdom
Summary: The Interim Head of Internal Audit will support the CFO in establishing a new internal audit function for a PE-backed company. This role is crucial for ensuring the integrity of financial operations through comprehensive audits and risk assessments. The position involves collaboration with various teams to enhance control procedures and provide insights to senior management. The contract is expected to last between 3 to 6 months, with a focus on compliance and best practices in auditing.
Key Responsibilities:
- Conduct thorough reviews of existing internal audit processes and controls to ensure compliance with regulatory standards and best practices.
- Plan and execute internal audits across various business units to assess risks and identify opportunities for improvement.
- Collaborate closely with cross-functional teams to implement corrective actions and enhance control procedures.
- Provide valuable insights and recommendations to senior management based on audit findings to drive informed decision-making.
- Stay abreast of industry trends and regulatory developments to proactively mitigate emerging risks.
- Provide training to relevant staff members on new policies and processes introduced.
Key Skills:
- CIA, CISA, or other relevant accounting qualifications such as ACA or ACCA.
- Proven experience in internal auditing, risk management, or controls assessment.
- Strong understanding of auditing principles, regulatory requirements, and industry standards.
- Excellent analytical skills with keen attention to detail.
- Effective communication and interpersonal skills, with the ability to liaise with stakeholders at all levels.
Salary (Rate): £120.00/hr
City: Birmingham
Country: United Kingdom
Working Arrangements: on-site
IR35 Status: outside IR35
Seniority Level: undetermined
Industry: Other
Our client, a rapidly evolving and changing PE-backed company, is seeking an Interim Head of Internal Audit to support the CFO in establishing a new, best-in-class internal audit function. The role will play a pivotal role in ensuring the integrity of the company's financial operations and will conduct a comprehensive review of controls, executing internal audits to identify and mitigate potential areas of risk.
Location: North Birmingham (2-3 days p/w onsite)
Contract length: 3-6 months ongoing
Candidate Rate: £700-900 per day (outside IR35)
Start Date: ASAP
Key Responsibilities of the Interim Head of Internal Audit
- Conduct thorough reviews of existing internal audit processes and controls to ensure compliance with regulatory standards and best practices.
- Plan and execute internal audits across various business units to assess risks and identify opportunities for improvement.
- Collaborate closely with cross-functional teams to implement corrective actions and enhance control procedures.
- Provide valuable insights and recommendations to senior management based on audit findings to drive informed decision-making.
- Stay abreast of industry trends and regulatory developments to proactively mitigate emerging risks.
- Provide training to relevant staff members on new policies and processes introduced.
Essential Requirements of the Interim Head of Internal Audit
- CIA, CISA, or other relevant accounting qualifications such as ACA or ACCA.
- Proven experience in internal auditing, risk management, or controls assessment.
- Strong understanding of auditing principles, regulatory requirements, and industry standards.
- Excellent analytical skills with keen attention to detail.
- Effective communication and interpersonal skills, with the ability to liaise with stakeholders at all levels.