Head, Audit at Spectrum Books Limited

Responsibilities

• Develop annually a risk-based internal audit plan for Audit Committee review and approval. Oversee the implementation of the approved plan, ensure proper resourcing for implementation of the plan, and adjust the plan as needed in response to changes in IIE’s business risks, operations, programs, systems and controls.
• Keep senior management and Audit Committee apprised of any changes needed to the internal audit plan.
• Ensure methodical documentation of work plans, testing results, conclusions and recommendations. Ensure follow up on findings and corrective actions.
• Provide technical assistance with investigations, special audits, and provide subject-matter expertise as needed.
• Remain current on audit and regulatory oversight trends and develop a risk based approach incorporated into the annual audit plan.
• Perform organization-wide risk assessments to identify significant risks or exposure related to internal controls or compliance with IIE’s policies and procedures, laws and regulations, sponsored contract an regulatory requirements, efficiency of operations, and accuracy of programmatic and financial reporting. Provide feedback and recommendations on business risks and improving operational efficiencies and processes where appropriate.
• Direct the work of external auditors on select audits, as directed by the Audit Committee and senior management, to ensure the audit work remains within the prescribed guidelines.
• Coordinate and assist with the preparation of Audit Committee materials. Participate in quarterly or more frequent Audit Committee meetings
• Investigate and report to the Audit Committee on activity reported through IIE’s Hotline/Whistleblower processes and assist in investigations.
• Recommend organization-wide training based on gaps identified to ensure adherence to IIE’s practices and policies. Stay abreast of emerging trends and successful practices in internal audit related to funding and the non-profit sector more generally.
• Establish and assign departmental goals to team members and evaluate their performance.
• Responsible for coaching, mentoring, and developing career paths for direct reports.

Education and Work Experience Requirements

• A Bachelor’s degree in a related field.
• Post-graduate Degree a plus.
• 5 years of related work experience with at least 3 years in a Head of Internal Audit role or equivalent.