Reporting to: Board Audit Committee
Lead the function and be responsible for defining and review of the scope of Internal Audits for the organisation.
Planning, organising and carrying out the Internal Audit function including the preparation of an Audit Plan fulfilling the responsibility of the Section, scheduling and assigning work and estimating resource needs.
Working closely with all Functions within the Company for defining Audit Calendar, Scope. Coverage and Successful Completion of Internal Audits Reports, and Follow ups.
Reviews Compliance Audits, Special Assignments from the Audit Committee and Top Management Committee with respect to risks assessment and risk prevention, corporate and statutory compliance and review compliance of Standard Operating Procedures (SOP) and amend them from time to time in line with business and legislation changes.
Ensuring Audit Reviews and Audit Reports are followed up to confirm implementation progress and report upon non-compliance with Audit recommendations
Timely Reporting to both the Audit Committee and Management on the policies, programmes and activities of the Section.
Co-ordinating coverage with the team and senior personnel. Business Unit heads and ensuring well briefing on areas of concern
Making recommendations on the systems and procedures being reviewed, reporting on the findings and recommendations and monitoring Management’s response and implementation
Reviewing and reporting on the accuracy, timeliness and relevance of the financial and other information that is provided for Management
Working with Management to ensure a system is in place which ensures that all major risks are identified and analysed, regularly and periodically and risk prevention mechanisms installed across the business activities the Company and safeguarding liabilities of Promoters, the Board and Management for risk,
Providing both Top Management Committee and the Audit Committee with an opinion on the internal controls and updating information on various legislative changes and impact on the business activities of the group.
Liaise with internal and external auditors and provide support. Training and development of Audit Staff and subordinates
First Degree in Finance, Accounting or Related field, with minimum 12 - 15 years of experience in manufacturing industry preferably a Cement Company.
Additional qualification and Professional Certification in Finance, Audit or Risk Management will be an added advantage
Exposure to Risk based audit & audit tools will be added advantage