HEAD OF AUDIT

DUTIES & RESPONSIBILITIES Audit Management: ∙Develop and implement the internal audit Policies, strategy and annual audit plan. ∙Conduct risk assessments and identify areas for audit focus. ∙Oversee the execution of internal audits, ensuring adherence to professional standards. ∙Review and report on the effectiveness of internal controls and risk management processes. ∙Provide recommendations for improving processes and controls. Investigation Management: ∙Leads investigations into complex fraud and ethical breaches, ensuring thorough documentation and adherence to legal ∙and ethical standards. Coordinates with legal and compliance teams for resolution and regulatory reporting. ∙Develop investigation protocols and procedures. ∙Gather and analyze evidence, conduct interviews, and prepare investigation reports. ∙Collaborate with legal and compliance teams as necessary. ∙Ensure timely and thorough resolution of investigations. Reporting and Communication: ∙Reports directly to the Board of Directors, administratively to the Managing Director and functionally to Group Audit. ∙Acts as a trusted advisor on matters of internal controls, risk management, and governance, ensuring independence in ∙providing recommendations. ∙Prepare comprehensive audit and investigation reports with actionable recommendations. ∙Maintain open communication with management and the Board regarding audit and investigation activities. Leadership and Team Management: ∙Lead and mentor the internal audit and investigation team. ∙Foster a culture of integrity, accountability, and continuous improvement. ∙Ensure ongoing professional development and training for team members. OTHER ASSIGNMENTS: ∙Conduct full inspection of business offices at least once in a financial year ∙Conduct spot checks on high risk-rated business offices along with regular cash audit ∙Assess, analyze and measure risk relating to operational standard Ensure compliance with policies and procedures in line with Policy ∙Analyze reports and highlight trends and issues for management attention ∙Render regulatory returns on Frauds and Forgeries ∙Conduct prompt investigation of breach of policy and procedures for disciplinary action ∙Review registers/schedules of regulatory returns to ensure the timely rendition of returns. ∙Ensure Policy/Procedure/Regulatory Compliance across the unit. ∙Create and maintain a world class internal Audit system and Control Culture ∙Maintain an efficient working relationship with relevant regulatory bodies within the