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- Tasks: Lead audits and assess risks while collaborating with senior management.
- Company: Join VWFS UK, a leader in innovative mobility solutions.
- Benefits: Enjoy hybrid working, 27 days holiday, and a discretionary bonus.
- Why this job: Be part of a dynamic team driving growth and compliance in a changing environment.
- Qualifications: Experience in internal audit and strong communication skills are essential.
- Other info: Diversity and inclusion are core values; all backgrounds are encouraged to apply.
The predicted salary is between 46800 - 64500 £ per year.
Internal Audit Manager – Milton Keynes
About The Role
Salary starting from £56,816, Company Car Schemes, 27 Days Holiday plus Bank Holidays, Pension scheme and more!
Milton Keynes – H YBRID WORKING: Our current hybrid working policy requires 20% of working time to be based in the Milton Keynes office however flexibility is expected to meet the needs of the business and the role.
Full time, permanent contract
CLOSING DATE: 03rd September – We reserve the right to close the advert earlier If we receive a high volume of applications.
We’re looking for an Internal Audit Manager to ensure the governance and internal control environment keeps pace during an exciting period of growth and change within the business.
This compliance focused role will be instrumental in delivering independent advice on the organisation’s risks and controls to our senior leadership teams.
What you’ll be doing:
- Leading audits from planning to completion ensuring the analysis and assessment of the risks for each business area.
- Undertaking special audits, ad hoc reviews, fraud investigations and special projects requested by the Board of Management or Corporate Internal Audit.
- Assessing and reporting audit findings whilst collaborating with Senior Management and Heads of department to implement action plans to drive efficiencies and process improvements.
- Monitoring audit actions ensuring accountability for delivery within the management teams and ensuring that risks are mitigated through the effective and timely closure of actions.
- Providing subject matter expertise around key focus areas including Consumer Credit and FCA regulations and providing challenge to business decisions to ensure compliance to the relevant legislation.
- Engaging the business to proactively advise on risk management and controls for new projects, programs, initiatives and process improvements.
What you’ll bring:
- A good level of experience of working in an internal audit team in a regulated environment
- CIA (Certified Internal Auditor) or equivalent certification would be desirable.
- Broad knowledge of relevant compliance and legal laws and guidelines applicable to regulated activities and the ability to advise the business.
- Excellent communication skills with the ability to effectively communicate with all colleagues up to Senior Management level.
- Strong problem solving skills to identify issues and apply judgement in selecting appropriate audit methodologies, understanding and taking into account the implications on the audit quality.
- Excellent ability to produce accurate, concise and compliant Internal Audit Reports and any other key documentation as required by the business.
- Strong time management skills with the ability to organise your own workload and support the other members of the Internal Audit Team.
What’s in it for you?
Bonus: Discretionary 10% on-target bonus (based on personal and Group company performance)
Pension: Employer pension contribution of 9% (based on employee contribution of 3%). VWFS will pay 6% if employee chooses a 2% employee contribution.
Car schemes*: Choice of Employee Car Ownership (ECO) scheme for petrol/diesel and hybrid vehicles plus car insurance.
OR Company Car scheme for Battery Electric Vehicles (BEVs) plus car insurance cover for you and a partner/eligible family member.
Other benefits: From day 1 we provide income protection, life assurance (4x salary), retail discount vouchers , access to Care Concierge (a service to support carers of adults), along with other salary sacrifice options including a will writing service and cycle to work (subject to scheme restrictions).
Following successful completion of probation, you will have access to private medical insurance for you (with the option to buy additional family cover), access to our loan car scheme for up to 2 cars for your partner or eligible family members (subject to scheme restrictions) and during our annual benefit window you can purchase critical illness cover and dental cover , so you can select the benefits that matter to you.
We invest in our people and are passionate about driving development. You’ll have access to LinkedIn Learning via our Degreed platform as well as a host of professional development programmes and opportunities to build your technical and soft skills so you can further develop your career. We also offer mentoring schemes and reciprocal partnerships recognising that we can all learn from each other in the flow of work.
About The Organisation
Why join VWFS UK?
Our mission is straight forward; we want to be \’The Key to Mobility\’. That means we make getting from A-to-B as easy and simple for as many people as possible. To truly meet the mobility needs of people in a changing world, our offering goes beyond traditional vehicle financing. We do this by providing a range of finance and aftersales products on Volkswagen Group vehicles, as well as developing innovative mobility products designed to solve real problems and support our customers.
No candidate will meet every single desired qualification. If your experience looks a little different from what we\’ve identified and you think you can bring value to the role, we\’d love to learn more about you!
VWFS is proud to be an inclusive employer and encourages applications from a diverse range of candidates. Diversity, Equity & Inclusion isn’t just a statement for us, we encourage and aspire for all our colleagues to be their 100% self. If you need any reasonable adjustments to assist you with the application and/or recruitment processes, please contact our Resourcing Team.
This role does not meet the UKVI’s criteria for the skilled worker sponsorship route, therefore we are unable to accept candidates requiring sponsorship for this role.
Internal Audit Manager - Milton Keynes employer: Volkswagen Financial Services
Contact Detail:
Volkswagen Financial Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Internal Audit Manager - Milton Keynes
✨Tip Number 1
Familiarise yourself with the latest compliance regulations and internal audit methodologies. This will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing environment.
✨Tip Number 2
Network with professionals in the internal audit field, especially those who have experience in regulated environments. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed audits or compliance issues in the past. Highlighting your problem-solving skills and ability to drive efficiencies will set you apart.
✨Tip Number 4
Research VWFS UK’s mission and values thoroughly. Understanding their approach to mobility and how internal audit fits into their strategy will allow you to tailor your discussions and show genuine interest in the company.
We think you need these skills to ace Internal Audit Manager - Milton Keynes
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in internal audit, particularly in regulated environments. Emphasise your skills in risk assessment, compliance, and communication, as these are crucial for the role.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the job description. Mention your understanding of the company's mission and how your background aligns with their needs, especially in governance and internal controls.
Highlight Relevant Certifications: If you have a CIA or equivalent certification, make it prominent in your application. This will demonstrate your commitment to the field and your qualifications for the role.
Showcase Problem-Solving Skills: In your application, provide examples of how you've successfully identified issues and implemented solutions in previous roles. This will illustrate your strong problem-solving abilities, which are essential for an Internal Audit Manager.
How to prepare for a job interview at Volkswagen Financial Services
✨Understand the Role
Make sure you thoroughly understand the responsibilities of an Internal Audit Manager. Familiarise yourself with the key tasks mentioned in the job description, such as leading audits and assessing risks. This will help you demonstrate your knowledge and suitability during the interview.
✨Showcase Your Expertise
Be prepared to discuss your experience in internal audit, especially in a regulated environment. Highlight any relevant certifications like CIA and be ready to provide examples of how you've successfully managed audits or compliance issues in the past.
✨Communicate Effectively
Since excellent communication skills are crucial for this role, practice articulating your thoughts clearly and concisely. Be ready to explain complex audit findings in a way that is understandable to non-audit colleagues, particularly senior management.
✨Prepare Questions
Have a list of insightful questions ready to ask the interviewers. This could include inquiries about the company's approach to risk management or how they envision the Internal Audit function evolving. It shows your interest in the role and helps you assess if the company is the right fit for you.
