The Client:
Our Client is a large construction entity with 100% foreign investments is seeking to employ an experienced Head of Internal Audit.
The fundamental purpose of the Internal Audit function is to provide our Client with an independent, objective assurance and consulting function designed to add value and improve the company’s operations.
The incumbent is required to design, implement and maintain an independent, systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
The Role:
Objectively review the business processes
Evaluate the efficacy of risk management procedures that are currently in place
Protect against fraud and theft of the Company's assets
Ensure that the organization is complying with relevant laws and statutes in close collaboration with the legal counsel
Identification of any conflicts of interest, related party activities or engagement by the Company or its personnel in any prohibited activities
Make recommendations on how to improve business processes, internal controls and governance processes
Follow up on those recommendation to ensure implementation
Evaluation and examination of internal control policies and procedures, business processes and systems in place.
Evaluate the reliability and integrity of information and the efficient and effective use of resources.
Review compliance with internal policies, procedures and current regulations.
Report results and make recommendations to General Director, Audit Committee and BoD.
Follow up on the progress of implementation of recommendations and directions to the General Director, Audit Committee and BoD.
Participate in process and internal control improvement initiatives.
Confer with management staff and meet with other system employees on all internal audit issues.
Assist management with identifying and assessing risks of the Company.
Maintain a working relationship with external auditors.
Attend senior staff meetings, Audit committee meetings, BoD.
Assist senior staff as deemed necessary.
Perform all duties in compliance with the Standards for the professional practice of internal auditing.
Perform other related duties as assigned.
Produce a quarterly report for the BoD outlining the work done for the period and results achieved.
The Candidate:
Relevant graduate degree
Previous 3 years+ audit experience with “Big 4” firm is a strong plus
Minimum of 24 months of internal auditing work experience
Character reference from another certified internal auditor or supervisor
Good knowledge of IFRS and RAP reporting frameworks and Russian tax legislation
Qualifications like ACCA, CPA, CIMA, CIA is a plus