Job Description
OVERVIEW
Job Title
Internal Audit Head
Job Code
Direct Reporting
Relationships
Reports to:
Supervises (Job Title):
President
Division
Internal Audit
Department
Grade
Job Purpose
Internal Audit Supervisor
Internal Audit
Job Family
To lead and direct the Internal Audit function and activities at AA in order to ensure
controlled and compliant processes, workflows and reporting mechanism as per AA set
guidelines and standards and international standards & best practices.
KEY ACCOUNTABILITIES & ACTIVITIES
Key Accountabilities
Key Activities
Key Results
1. Strategic Planning
Develop the Internal Audit departmental strategy
in line with AAs strategy to ensure vertical
alignment and horizontal integration with other
interfacing departmental strategies across AA.
Vertically aligned and
horizontally integrated
departmental strategy
Ensure that departmental strategy and related
strategic plans are developed and implemented,
which are aligned with the vision and mission of
AA.
Developed and
implemented strategy and
related strategic plans
Recommend
budget.
department
Consolidated
departmental budget
Audit (As per Audit Plan) the financial
performance versus the budget so that the
business is aware of anticipated costs/revenues,
areas of unsatisfactory performance are identified
and potential areas of cost reduction or
performance improvement opportunities are
capitalized upon.
Increased awareness of
anticipated
costs/revenues and areas
of unsatisfactory
performance
Lead and guide project management teams in the
planning, organizing, management and control of
various projects in order to ensure that the project
cycle is completed meeting agreed project
parameters (Objectives, timelines, scope and
quality), standards and objectives
Completed project cycle
within the agreed upon
project parameters
Communicate the results of audit and consulting
projects via written reports and oral presentations
to the management team and president
Communicated results of
audit and consulting
projects
Lead and direct the identification of different risk
areas within AA
Identified risk areas within
AA
Recommend risk mitigation actions and follow up
Recommended and
implemented mitigation
2. Budgeting
3. Projects
4. Risk Assessment
the
Internal
Audit
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on their implementation
plans
Lead and direct the development of annual
internal audit plan to ensure covering all areas
and functions within AA
Annual internal audit plan
that covers all areas
within AA
Monitor the execution of the approved audit plan
in an effort to ensure different activities take place
within the set timeframe
Timely execution of the
internal audit plan
Direct internal audit team in scheduling and
conducting audit interviews and documents
reviews to ensure compliance and adherence to
relevant policies and procedures
Compliance and
adherence to internal
audit policies and
procedures
6. External Audits
Follow up on the recommendation of external
auditors to ensure their implementation
Proper implementation of
external auditors
recommendations
7. Relationships
Management
Build and manage relationships with internal and
external stakeholders in an effort to ensure the
smooth flow of different activities
Smooth flow of different
activities
8. People Management
Manage & evaluate employees performance with
continuous feedback on their assigned targets
and provide development opportunities to
maximize the potential and engagement of
employees
Maximized potential and
engagement of
employees
Manage the talent pipeline in the Department
through recruitment, effective utilization of
employee development programs, mentoring
programs, career planning and succession
planning
Healthy organization
talent pipeline
Manage
departmental
changes
through
continuous improvement of systems, processes
and practices taking into account international
best practice, changes in international standards
and changes in the business environment which
demand proactive action plans
Managed departmental
changes
Ensure that all departmental reports of Internal
Audit department
are prepared timely and
accurately and meet the company and
department requirements, standards, policies and
procedures
Accurate and timely
reports
Review financial and management reports to
ensure compliance and adherence to standards,
policies and procedures
Financial and
management reports that
are adherent to
standards, policies and
procedures
Ensure the existence, compliance and the
implementation
of
department
policies,
procedures and controls covering all areas of
Internal Audit department activity so that all
relevant procedural/legislative requirements are
fulfilled while delivering a quality, cost-effective
services
Fulfilment of
procedural/legislative
requirements
5. Internal Audits
9. Reporting
10. Policies, Processes
& Procedures
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Ensure compliance to all relevant safety, quality
and
environmental
management
policies,
procedures and controls across the department in
order to guarantee employee safety, legislative
compliance and a responsible environmental
attitude
Guaranteed employee
safety, legislative
compliance and a
responsible
environmental attitude
ROLE DIMENSIONS / BUSINES METRICS (WHERE APPLICABLE)
Significant direct and indirect role dimensions / metrics; financial (e.g. budgets/results) and non-financial
(e.g. customers/staff)
Directly Influenced
Indirectly Influenced
Financial
Customer
Process
MAIN CONTACTS
Internal
External
President
External Auditors
Managing Director
Vendors
Departments Heads
Financial Consultants
Regional General Managers
Legal Consultants
COMPETENCIES
Description
Core
Leadership
Technical
Level
Result Orientation & Problem Solving
Level 3 (Advance)
Effective Communication & Team Work
Level 3 (Advance)
Customer Focus & Drive for Excellence
Level 3 (Advance)
Behaviour / Attitude
Level 3 (Advance)
Strategic Thinking
Level 2 (Proficient)
Business Judgement & Decision Making
Level 2 (Proficient)
Empowering & Developing Others through
Effective Delegation
Level 2 (Proficient)
Effective Leadership
Level 2 (Proficient)
N/A
N/A
JOB SPECIFICATIONS
Industry / Domain
Any
Necessary Knowledge and
10 - 12 years relevant experience in Internal Audit including at least 6
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Experience
Education and Certification
Requirements
years in positions of progressively increasing managerial responsibilities
Bachelors degree in Accounting, Business Administration, or any other
related field with preferably an
MBA or equivalent post-graduate qualification from a recognized business
school
CMA, CIA, or CISA certificate is required
VERSION TRACKING
Version
2.0
Prepared by:
First review by:
Second review by:
Name
Approved by:
Signature
Date
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