Head of Internal Audit

Overall Function

The Head of Internal Audit will be responsible for overseeing and leading the internal audit function. The Head of Internal Audit will develop and execute an internal audit plan, assess the effectiveness of risks and internal controls, and provide recommendations for improvement. The role requires a strong leadership ability, excellent communication skills, and a deep understanding of audit methodologies and best practices.

Role/Responsibilities

• Develop, implement, and maintain an internal audit function that aligns with the organization’s objectives and recognized internal audit standards and best practices.
• Evaluate the effectiveness of internal controls and processes, identifying weaknesses and recommending solutions to mitigate risks.
• Perform audits of operational processes, and internal policies to ensure compliance with applicable laws and internal policies.
• Monitor the implementation of audit recommendations and follow up on outstanding issues to ensure timely resolution.
• Provide updates on the annual audit plan, progress of scheduled audits, audit findings and status of corrective action plans to the Audit Committee.
• Conduct risk assessments and identify areas of potential risk or exposure, including operational, financial, and compliance risks.
• Maintain effective working relationships with the executive leadership team and senior management.
• Conduct special consultant-type operational and financial examinations at the request of the Audit Committee and EDF management.
• Foster a culture of integrity, accountability, and continuous improvement within the internal audit team and across the organization.
• Out of town travel up to 10% per year (domestic and international)

Required Qualifications

• Bachelor's degree, preferably in accounting, finance, or similar.
• Minimum of 10 years of progressive experience in audit, with at least 3 years in a leadership role.
• Professional certifications such as a CPA, CIA, or other relevant professional certification required.
• Strong understanding of internal audit methodologies and risk assessment techniques.
• Comprehensive analytical skills and attention to detail, with the ability to identify issues, analyze root causes and develop practical solutions.
• Proven project management skills with the ability to juggle multiple responsibilities and deadlines.
• Excellent communication and interpersonal skills, with the ability to effectively interact with stakeholders at all levels of the organization.
• Demonstrated integrity, ethics, and professionalism in handling confidential information and sensitive situations.
• Proficiency in audit software, data analytics tools, and Microsoft Office suite.