At a Glance
- Tasks: Lead audits and improve risk management for a global brand.
- Company: Join Twinings Ovaltine, a historic leader in tea and beverages.
- Benefits: Enjoy flexible working, bonuses, and wellness perks.
- Other info: Dynamic team environment with excellent growth opportunities.
- Why this job: Make a real impact while developing your career internationally.
- Qualifications: Experience in audits and strong communication skills required.
The predicted salary is between 60000 - 75000 £ per year.
Twinings Ovaltine is a global business that is part of the ABF group. Twinings has been blending tea since it was founded in 1706, and its premium teas and infusions are now sold in more than 120 countries. Ovaltine malted beverages and snacks are consumed throughout the day in countries across the globe. The business is made up of 11 key business units with turnover of circa £1bn.
We are looking for an International Audit & Compliance Manager who is dynamic and able to work with management to evaluate and help to improve the business’ risk management, governance and internal control systems. This role provides excellent exposure and development opportunities to enable a variety of future opportunities within the UK or internationally.
Key ResponsibilitiesThe primary purpose of the role is to provide independent and objective assurance to help the Twinings Ovaltine business units to manage their key risks and improve the performance of their business, and to be an objective source of independent advice to Senior Management. By working as part of a team, this is achieved through the evaluation of management processes and internal control systems and the provision of ad hoc support to business management.
The role will lead the delivery of risk-based internal audit reviews, perform risk assessments, investigations, and control-related assignments that support the operation of robust controls and processes in Twinings Ovaltine. This will include agreeing objective, value-added actions that will improve internal controls and governance processes, technological capabilities and operational efficiency.
The role will be responsible for overseeing the internal audit, internal control and risk management framework across the TwO international beverages business, acting as the primary interface between the business, ABF Internal Audit and key assurance stakeholders. A key responsibility will be ensuring that audit outcomes lead to sustainable control improvements, robust governance, and effective risk mitigations across all markets.
Internal Audit (70%)- Planning: Working with the Internal Audit Senior Manager, you will lead the scoping process for individual internal audits, conduct relevant risk assessments and prepare audit planning documents. You’ll be expected to lead and effectively contribute to audit planning meetings and to work with business unit management to coordinate logistics for internal audit fieldwork. You’ll develop work programmes with the aim of providing assurance over the risks identified in the agreed terms of reference. Working with the Internal Audit Senior Manager and the wider Internal Audit team, you’ll be expected to proactively manage your workload and deliver improvements in how the team operates.
- Conducting audits: You’ll perform risk-based audits and reviews as part of the internal audit plan that is agreed with the Internal Audit Senior Manager, the Twinings Ovaltine CFO, and ABF Director of Financial Control. This will include the coordination and delivery of both planned and surprise audits and special investigations at the direction of the Twinings Ovaltine Internal Audit Senior Manager. You’ll assess the adequacy and effectiveness of policies, procedures and controls to provide assurance over how key control risks are managed by the businesses. You’ll discuss issues as they arise with business unit management and the Internal Audit Senior Manager and ensure that all audit findings are supported by appropriate evidence. You’ll identify opportunities for businesses to enhance their existing activities with best practice. You’ll complete your audit working papers in accordance with ABF methodologies and you’ll address all review points in your working papers and reflect these in the final deliverables.
- Reporting: You’ll produce audit close out documentation in advance of the close out meeting. You’ll present audit findings and agree actions to address audit findings with business management. You’ll prepare and issue audit reports that are clear, concise and provide value to management on a timely basis with action plans agreed with by the business.
- Monitoring: You’ll liaise with business management to monitor and challenge how action plans are being implemented to ensure that these are implemented in a timely manner to manage the risk exposure. You’ll also track how external audit management letter points are resolved.
As part of the wider global ABF internal audit team, you’ll build relationships with internal audit colleagues and support and participate in Group initiatives and projects as required. Working with the Director of Internal Audit and using your knowledge and experience, you’ll be expected to contribute to the annual audit planning process for the division. You’ll adhere to the Group’s risk management policies and promote good governance in your dealings with colleagues. You’ll be empowered to develop your career within ABF and build a strong network with colleagues across the Group. With the support of the Internal Audit Senior Manager, you’ll be responsible for developing your technical and personal skills and attend relevant training courses.
Compliance (30%)- Audit: Challenge the business on findings and root causes to ensure agreed actions are sufficient, sustainable and risk‑focused. Maintain central oversight of all audit findings, management actions and remediation status across the Group, identifying thematic or systemic issues. Provide regular insight and escalation to the CFO and senior finance leadership on audit outcomes, trends and residual risk. Act as principal point of contact for external auditors, including coordination of fees and audit timetable.
- Internal Controls Management: Manage internal self-certification processes (Turnbull, FCFQ). Tracking of completion of mandatory training across the Twinings Ovaltine group. Ensure audit and control insights inform forward-looking risk assessment and mitigation.
- Anti-Bribery and Corruption: Ensure ABC policies are communicated and understood. Support investigation of whistleblowing claims. Performance of Anti-Bribery and Corruption checks.
- Experience leading or managing audits in a complex, multi-entity organisation (ideally FMCG).
- Strong ability to challenge, influence and drive remediation with senior stakeholders.
- Sound understanding of internal control frameworks and risk management.
- Self-motivated, proactive and strong attention to detail.
- Integrity.
- Degree in a relevant field with Qualified chartered accountant status (or equivalent finance qualification).
- Advanced Word, Excel, PowerPoint.
- Yearly bonus based on personal contribution and financial performance.
- Flexible working options.
- 25 days holiday plus 8 bank holidays and the option to buy and sell holidays.
- Onsite Gym and Wellbeing Centre.
- Perkbox – employee discount scheme with discounts online, in high street stores, cinema, holidays, restaurants and many more.
- Pension scheme with your contributions matched for up to 10% of your salary.
- Cycle to work scheme.
- SimplyHealth Cash plan.
- Onsite Staff shop and online staff discounts.
- Bupa Private Medical Insurance.
- Competitive Car Allowance.
- Electric Car Scheme.
- Access to LinkedIn Learning.
- Access to ABF Networking, connect, collaborate, and grow across the ABF Group.
Internal Audit Manager in Andover employer: Twinings Ovaltine
At Twinings Ovaltine, we pride ourselves on fostering a dynamic and inclusive work environment that empowers our employees to thrive. As an Internal Audit Manager, you will benefit from exceptional growth opportunities within a global organisation, alongside a comprehensive benefits package that includes flexible working options, a competitive pension scheme, and access to wellness resources. Join us in a culture that values integrity, collaboration, and continuous improvement, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Audit Manager in Andover
✨Tip Number 1
Network like a pro! Reach out to current employees at Twinings Ovaltine on LinkedIn. Ask them about their experiences and any tips they might have for landing the Internal Audit Manager role. Personal connections can make a huge difference!
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of internal control frameworks and risk management. Be ready to discuss how you can add value to their audit processes. Show them you’re not just a fit, but the perfect fit!
✨Tip Number 3
Practice your presentation skills! You’ll need to present audit findings clearly and concisely. Grab a friend or family member and run through your points. The more comfortable you are, the better you’ll come across in interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Twinings Ovaltine team.
We think you need these skills to ace Internal Audit Manager in Andover
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Internal Audit Manager role. Highlight relevant experience and skills that match the job description, like your audit management experience and understanding of internal control frameworks.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for Twinings Ovaltine. Share specific examples of how you've improved risk management or governance in previous roles, and show your enthusiasm for the position.
Be Clear and Concise:When filling out your application, keep your language clear and concise. Avoid jargon and make sure your points are easy to understand. We want to see your qualifications without wading through unnecessary fluff!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, it shows you’re keen on joining our team at Twinings Ovaltine.
How to prepare for a job interview at Twinings Ovaltine
✨Know Your Stuff
Before the interview, dive deep into Twinings Ovaltine's history and values. Understand their products and how they operate within the FMCG sector. This knowledge will help you connect your experience with their needs and show that you're genuinely interested in the role.
✨Showcase Your Audit Skills
Prepare specific examples from your past experiences where you've successfully led audits or improved internal controls. Be ready to discuss how you tackled challenges and what outcomes resulted from your actions. This will demonstrate your capability to handle the responsibilities of the Internal Audit Manager role.
✨Ask Insightful Questions
During the interview, ask questions that reflect your understanding of risk management and governance. Inquire about their current audit processes or how they measure the effectiveness of their internal controls. This shows that you're not just looking for a job, but are keen on contributing to their success.
✨Be Yourself
While it's important to be professional, don't forget to let your personality shine through. Twinings Ovaltine values dynamic individuals, so be authentic and express your passion for the role. A good cultural fit is just as important as your qualifications!