At a Glance
- Tasks: Lead internal audits and enhance financial controls in a dynamic company.
- Company: Join a fast-paced, PE-backed firm focused on excellence and integrity.
- Benefits: Competitive daily rate and flexible onsite work in North Birmingham.
- Why this job: Make a real impact by shaping audit processes and driving informed decisions.
- Qualifications: CIA, CISA, or relevant accounting qualifications required; experience in auditing essential.
- Other info: Diversity and inclusion are celebrated; all backgrounds encouraged to apply.
The predicted salary is between 60000 - 84000 £ per year.
Job Description
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Our client, a rapidly evolving and changing PE-backed company, is seeking an Interim Head of Internal Audit to support the CFO in establishing a new, best-in-class internal audit function. The role will play a pivotal role in ensuring the integrity of the company's financial operations and will conduct a comprehensive review of controls, executing internal audits to identify and mitigate potential areas of risk.
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Location: North Birmingham (2-3 days p/w onsite)
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Contract length: 3-6 months ongoing
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Candidate Rate: £700-900 per day (outside IR35)
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Start Date: ASAP
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Key Responsibilities of the Interim Head of Internal Audit
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- Conduct thorough reviews of existing internal audit processes and controls to ensure compliance with regulatory standards and best practices.
- Plan and execute internal audits across various business units to assess risks and identify opportunities for improvement.
- Collaborate closely with cross-functional teams to implement corrective actions and enhance control procedures.
- Provide valuable insights and recommendations to senior management based on audit findings to drive informed decision-making.
- Stay abreast of industry trends and regulatory developments to proactively mitigate emerging risks.
- Provide training to relevant staff members on new policies and processes introduced.
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Essential Requirements of the Interim Head of Internal Audit
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- CIA, CISA, or other relevant accounting qualifications such as ACA or ACCA.
- Proven experience in internal auditing, risk management, or controls assessment.
- Strong understanding of auditing principles, regulatory requirements, and industry standards.
- Excellent analytical skills with keen attention to detail.
- Effective communication and interpersonal skills, with the ability to liaise with stakeholders at all levels.
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GRG Executive Search is committed to encouraging and celebrating applicants from different backgrounds, whatever their gender, ethnicity, race, religion, education, socioeconomic background, disability or sexual orientation to promote diversity and inclusion in the workplace.
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\\nWe receive a significant number of applications to our adverts. Whilst we always endeavour to respond to each application, this is not always possible. If you have not received a response from us within 10 working days, please consider your application unsuccessful on this occasion.
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Interim Head of Internal Audit employer: GRG Executive Search
Contact Detail:
GRG Executive Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim Head of Internal Audit
✨Tip Number 1
Network with professionals in the internal audit field, especially those who have experience in PE-backed companies. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in internal auditing.
✨Tip Number 2
Familiarise yourself with the specific regulatory standards and best practices relevant to the company’s industry. This knowledge will not only help you during interviews but also demonstrate your commitment to ensuring compliance and enhancing internal controls.
✨Tip Number 3
Prepare to discuss your previous experiences in conducting internal audits and how you identified and mitigated risks. Use specific examples that highlight your analytical skills and ability to collaborate with cross-functional teams.
✨Tip Number 4
Stay updated on the latest developments in internal audit methodologies and tools. Being knowledgeable about innovative approaches can set you apart from other candidates and show that you are proactive in your professional development.
We think you need these skills to ace Interim Head of Internal Audit
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Interim Head of Internal Audit position. Tailor your application to highlight your relevant experience in internal auditing and risk management.
Highlight Relevant Qualifications: Clearly showcase your qualifications such as CIA, CISA, ACA, or ACCA in your CV and cover letter. Emphasise any specific experiences that align with the key responsibilities outlined in the job description.
Demonstrate Analytical Skills: In your application, provide examples of how you've used your analytical skills to assess risks and improve controls in previous roles. This will help demonstrate your capability to fulfil the role effectively.
Craft a Strong Cover Letter: Write a compelling cover letter that not only summarises your qualifications but also explains why you're interested in this specific role and how you can contribute to establishing a best-in-class internal audit function.
How to prepare for a job interview at GRG Executive Search
✨Showcase Your Qualifications
Make sure to highlight your relevant qualifications such as CIA, CISA, ACA, or ACCA during the interview. Discuss how these credentials have equipped you with the necessary skills for internal auditing and risk management.
✨Demonstrate Analytical Skills
Prepare to discuss specific examples where your analytical skills made a difference in previous roles. Be ready to explain how you identified risks and implemented controls to mitigate them.
✨Communicate Effectively
Since the role requires liaising with stakeholders at all levels, practice articulating your thoughts clearly. Use examples from your past experiences to demonstrate your effective communication and interpersonal skills.
✨Stay Updated on Industry Trends
Research current trends and regulatory developments in internal auditing. Being knowledgeable about the latest changes will show your commitment to the field and your proactive approach to mitigating risks.