Internal Audit Director

Client of People Dynamics

Set Internal Audit goals and objectives and communicates them to the rest of the organization.

• Develop, recommend and implement forms, systems, policies and procedures to meet responsibilities and accomplish goals of the Internal Audit Department.
• Identify enterprise risks relevant to the client, affecting its ability to achieve its mandate and long term objectives
• Compile and link Management risk assessment to Strategic/Operational Plans
• Prepare Strategic/Operational Audit Plans and shares them with the Audit Committee for approval
• Ensure that all risk areas are covered on a priority basis by drawing an Annual Audit Plan and conducting a business risk assessment
• Review related company data (Organization Chart, Strategic plans and Internal Management reports) gathered by the Internal Audit Team members.
• Provide the departments with templates for developing appropriate operational procedures, protocols and controls.
• Review and approve the Audit Programs developed by the Internal Audit Team.
• Review and approve draft audit reports including summary of findings and recommendations developed by the Internal Audit Team in order to proceed with the preparation of the final detailed report.
• Notify the Audit Committee and Board of Directors of issues arising from Internal Audit reviews and recommend remedial action.
• Establish a record keeping policy for results of all internal audit reviews.
• Ensure the Board of Directors and Audit Committee are aware of the Internal Audit Plan.
• Establish and maintain contact with the external auditors to understand how work program can be tailored to assist the efficiency of the process.

Oversee the development, implementation, monitoring and reporting of ERM at the company.