Salary: Salary - Competitive
Job Type: Permanent
Job ID: 166276
NRG is working exclusively with Gentoo, a housing association that own and manage more than 28,000 homes on the look out for a Director of Business Assurance (Head of Internal Audit). Reporting into the Chairman of the Risk & Audit Committee but responsible to the Chief Executive and Executive Director of Finance, you will be tasked with directing and managing the internal audit function. You will add value and improve Gentoo Group’s operation whilst helping the group accomplish its objective by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.
Main duties and accountabilities:
Direct and manage the preparation and delivery of the Internal Audit plan, allocating work to in-house or co-sourced auditors according to the skills, abilities and independence of the auditor
Prepare and agree with the Executive Team and Risk & Audit Committee an annual risk driven Audit Needs Assessment, which results in a 3 year rolling Internal Audit Plan
Report to Risk & Audit Committee and Board, where appropriate, on the findings of internal audits and other reporting requirements.
The Director of Assurance will present The Head of Internal Audit Annual Report to Risk & Audit Committee giving the annual internal audit opinion
Ensure that a risk based approach to individual audits is adopted
Ensure individual audit assignments review the adequacy and effectiveness of internal controls established by management to mitigate key business risks
Appraise the economy and efficiency with which resources are employed.
To perform consulting services, beyond internal audit’s assurance service to assist management achieve its objectives
Evaluate new or significantly changing systems, projects, products and services
Make appropriate recommendations for system improvement and control taking into account efficiency, economy and effectiveness where appropriate
Develop and maintain audit working practices in accordance with the CIIA standards
Produce an ‘Internal Audit Charter’ and present this to Risk and Audit Committee on an annual basis
Conduct an annual self-assessment of the internal audit service against CIIA standards and arrange for an External Quality Assessment to be conducted at least once every 5 years
Support the management of change by advising upon the management of risks, development of internal controls and the efficiency and effectiveness of procedures within major initiatives
Evaluate probity and compliance with recognised policies, procedures & regulatory standards
Work with other senior management to advise management on the internal controls implications of emerging legislation
Work with external audit to co-ordinate the respective audit responsibilities for the business
Plan and implement staff training and development programmes for the Business Assurance team
Make an active contribution to the success of the Group as a member of the Executive Leadership Group and the Finance Team leadership group
This is by no means an exhaustive list of duties. You will hold a professional qualification (CIIA, ACA, ACCA) with over 4 years post qualified experience within an Audit role. You will have a close link to the Gentoo cultural values, whilst also acting as an ambassador for the Gentoo Group.
You will have previous supervisory experience, with expert knowledge and experience of internal audit best practice and relevant legislation. You will back this up with a demonstrated history within either Social Housing, Local Authority or Practice. You must be IT literate and have excellent verbal and written communications skills, with the ability to liaise with external auditors, non-finance personnel and the senior management team.
This is a unique opportunity and one not to be missed. For a confidential chat on the role, please get in touch with Craig Stewart – Managing Consultant, NRG Finance. CraigStewart@NRGplc.com - 07866 250 552 / 0191 260 4479.