Group Chief Audit Executive

Job Description:The Group Chief Audit Executive manages the Internal Audit Department to ensure it adds value to the organization by enabling:IAD to achieve its purpose and responsibility as stated within the IAD charter. IAD to conform to the Standards. IAD's individual staff members to conform to the Code of Ethics and the Standards; andIAD to consider trends and emerging issues that could impact the internal audit function.

STRATEGICDevelops and implements a 5-year strategic plan which covers IAD's long-term direction and aligns the IAD's strategies and plans to the organization's business objectives. Updates the IAD plan to include emerging risks and opportunities. Assesses IAD and its performance periodically and reports results to senior management and external stakeholder groups.

Undertakes value-adding change, continuous improvement initiatives, and innovation within the IAD, as well as within the organization. Monitors and assesses trends and emerging issues that could impact the organization. Maintains a network of contacts with industry and other relevant bodies to benchmark the organization's performance, risk and control.

OPERATIONALEnsures the conformance of the International Professional Practices Framework (IPPF) and promotes its use throughout the organization. Develops an annual audit plan based on an understanding of the significant risks to the organization and the environment in which it operates. Ensures that IAD's audit plan is able to provide assurance on the control environment and significant risks to the organization.

Manages the performance of audit and assurance engagements and activities in alignment with the annual audit plan. Ensures that IAD's audit and assurance activities provide assurance to the organization's governance, risk management, and control processes. Evaluates the organization's governance, risk management, and control processes and reports findings and recommendations to the Board of Directors and senior management.

Coordinates and works with other internal and external providers of assurance services. Provides assurance to the Board of Directors and senior management on the effectiveness of the organization's governance, risk, and control processes. Identifies and assesses key risks to the organization and recommends strategies and actions to address those risks.

Reviews and assesses, on a regular basis, the appropriateness and effectiveness of the organization's risk management processes. Provides support and guidance to the Board of Directors and senior management on legal and regulatory compliance matters. Identifies and assesses opportunities for improvement in the organization's operations, processes, and systems.

Ensures that IAD's audit and assurance activities are conducted in accordance with the Standards and the organization's policies and procedures. Manages the IAD's resources effectively and efficiently to ensure that audit and assurance activities are conducted in a timely and cost-effective manner. Reports on the status and results of audit and assurance activities to the Board of Directors and senior management.

Reviews the plans, as necessary, in response to changes in the organization's business, risks, operations, programs, systems and controls, and communicates significant changes to the Board of Directors. Demonstrates management/administration skills in managing an internal audit function. Appraises the internal audit, considering trends and available for training, technology, or additional staffing needs to deliver the plans, and functions via just-in-time basis.

Ensures that IAD resources have appropriate (i.e., appropriate mix of knowledge, skills, and other competencies) to perform its plan. Provides periodic reports to the Board of Directors/executive management, summarizing results of audit activities, including significant audit issues and recommendations for improvement. Reports, periodically, the internal audit's performance relative to its plan.

Ensures the timely completion of audit engagements and management's agreement on significant findings and recommendations.Performs the Board of Directors/executive management and other senior management on the internal audit's role and practices of the organization. Coordinates with the Board of Directors/executive management and other senior management to ensure the internal audit's role is understood, and supports the organization's objectives. Reviews the internal audit charter and recommends changes to the Board of Directors/executive management to ensure that the internal audit's role remains relevant to the organization's needs.

Performs additional duties that may be assigned by the Board of Directors/executive management. ADMINISTRATIVEDevelops measurement tools such as self-assessment metrics such as key performance indicators, and is accountable for the IAD's performance against established performance goals and objectives. Establishes and implements policies and procedures to guide the IAD's activities and ensure compliance with professional standards and organizational requirements.

Manages the IAD's budget and ensures that resources are used effectively and efficiently. Ensures that the IAD's staff members are appropriately trained and qualified to perform their duties. Provides leadership and guidance to IAD staff members, including setting performance expectations, conducting performance evaluations, and providing opportunities for professional development.

Promotes a culture of ethical behavior and compliance within the IAD and the organization. Maintains open and effective communication with the Board of Directors, executive management, and other key stakeholders to ensure alignment of the IAD's activities with the organization's goals and objectives. Represents the IAD in meetings with external auditors, regulatory agencies, and other external stakeholders.

Ensures that the IAD's activities are conducted in a manner that protects the confidentiality, integrity, and availability of information. Job Requirements:Bachelor's degree in Internal Auditing, Accountancy, Business Administration or LawsMinimum Job Experience (Years of work experience and years of demonstrated management/ leadership experience for Supervisory and above positions)At least seven (7) years managerial experience and five (5) years in the retail industryPreferably a Certified Internal Auditor, Certified Public Accountant, or a Licensed Attorney-at-LawTagged as: eesiphilippines, euroasia, recruitment, Recruitment firm in Metro Manila, recruitment firm in Philippines, retail