Head of Internal Audit

Experience & Additional Requirements

• Age: 25–45 years.

• Minimum 12–15 years of relevant experience in Internal Audit, Risk Management, Finance, or Compliance, including at least 5 years in a senior leadership role.

• Experience in healthcare, digital platforms, financial services, e-commerce, or technology-driven organizations will be highly preferred.

• Proven ability to lead enterprise-wide audits and present audit findings to the Board Audit Committee.

Technical Competencies

• Strong expertise in Risk-Based Internal Auditing, Enterprise Risk Management (ERM), Internal Control Frameworks (COSO), IT Audit, Cybersecurity, Financial Analysis, Regulatory Compliance, Fraud Investigation, Process Improvement, and Corporate Governance.

• Proficiency in ERP systems, Audit Management Software, Advanced Microsoft Excel, and data analytics tools such as Power BI, ACL, IDEA, SQL, or similar platforms.

Behavioral Competencies

• High standards of integrity, ethics, independence, and objectivity.

• Strong analytical, strategic thinking, and problem-solving abilities.

• Excellent communication, report writing, leadership, stakeholder management, and decision-making skills.

• Detail-oriented with sound business judgment and the ability to perform effectively under pressure.

Authority & Reporting

• Authorized to access all records, systems, assets, and personnel required to perform audit activities.

• Conduct independent audits across all business functions and recommend corrective actions while monitoring their implementation.

• Report governance, internal control, fraud, and significant risk matters directly to the CEO and the Audit Committee.

• Functional reporting will be to the Audit Committee, while administrative reporting will be to the Chief Executive Officer (CEO).

• Maintain unrestricted access to the Audit Committee Chairman and the Board whenever necessary.

Working Relationships

• Internal: Board of Directors, Audit Committee, CEO, CFO, COO, CTO, CMO, CHRO, Company Secretary, and Business Unit Heads.

• External: External Auditors, Regulatory Authorities, Consultants, Technology Partners, and Legal Advisors.

• Develop and implement a risk-based annual Internal Audit plan aligned with organizational objectives and industry standards.

• Establish and maintain Internal Audit policies, procedures, methodologies, and quality assurance practices.

• Present audit plans, findings, and risk assessments to the Audit Committee, and monitor the implementation of audit recommendations.

• Lead financial, operational, compliance, IT, and risk-based audits across all business functions.

• Evaluate the effectiveness of internal controls, governance processes, financial reporting, treasury operations, procurement, inventory, payroll, and regulatory compliance.

• Assess operational efficiency across business units and recommend practical improvements to enhance productivity and resource utilization.

• Conduct audits of ERP systems, business applications, cybersecurity, cloud infrastructure, data privacy, and IT controls.

• Develop and manage fraud risk assessment programs, investigate suspected fraud or financial irregularities, and recommend preventive controls.

• Ensure compliance with applicable laws, tax regulations, labor laws, company policies, contracts, and industry standards.

• Implement continuous auditing and data analytics to identify control weaknesses, revenue leakage, unusual transactions, and operational risks.

• Prepare comprehensive audit reports, executive summaries, risk assessments, and monitor corrective actions until successful implementation.

• Provide independent advisory support on new business initiatives, digital transformation, process improvements, technology implementation, and strategic projects while maintaining audit independence.

• Lead, mentor, and develop the Internal Audit team to ensure high standards of performance and professional excellence.