Head of Department - Global Internal Audit at Kyosk Digital Services

PURPOSE & CONTEXT

• Perform financial, operational, system and process audits of the organisation’s functions and outsourced operations and reports on the adequacy, or otherwise, of the internal controls as a contribution to the proper economic, efficient and effective use of resources.
• Promotion of good stewardship of resources consistent with the organization’s purposes.
• Review compliance with regulatory, statutory, legal and ethical requirements as per policies, laws and good corporate governance standards.

Key Responsibilities

Risk and Assurance

• Internal audit performance
  • Design a risk management framework for Kyosk Digital Services
  • Develop and maintain the Internal Audit Procedures to ensure that best practice is taken account of and that the audits address specific areas of risk management
  • Develop and manage an annual audit plan by reference to the risk management framework using appropriate risk-based methodology, including any risks or control concerns identified by management.
  • Implement the annual audit plan, including, as appropriate, any special tasks or projects requested by management and the audit/risk committee; and report periodically on the status and results of the audit plan and the adequacy of resources allotted to the function.
  • At the conclusion of audit assignments, provide a full briefing to management and stakeholders ensuring that their comments are recorded as part of the review.
  • Agree action plans necessary to implement the audit recommendations with the relevant stakeholders
  • Monitor the implementation of the recommendations so made.
• Other engagements
  • Provide consulting and advisory services, beyond internal auditing assurance services, to assist management in meeting its objectives; and, maintain a quality assurance program by which the function assures the operation of internal auditing activities.
  • Evaluate and assess significant new services, processes, operations, and controls.
  • Undertake financial, operational, administrative and information technology audits.
  • Review and report to management on significant issues related to the processes for controlling the activities of Kyosk Digital Services, including potential improvements to those processes.
  • Input into whistle blowing, anti-fraud and bribery and conflict of interest policy.

People Management

• Train and support a growing team of internal auditors including multi-country as business expands across the continent to ensure strict adherence to Kyosk Digital Services standards and compliance with procedures
• Develop a strong performing team, by taking care of the career paths of internal audit team.

Ad hoc Tasks

• Best Practices: Ensure that issues of internal control are considered during all work and in the development of new policies and procedures
• Support Missions: Identifies weaknesses and organize relevant support missions to Kyosk Digital services satellite operations, to help remediate any potential issues when Kyosk goes cross country.
• Systems: Contribute to continuous review of the organisations financial, operational, commercial and IT and systems and to recommend changes as necessary.

Key Relationships

• Manage internal audit team.
• Being the key risk champion of the business and interface with internal controls & Process optimization, loss control and all stakeholders in risk value chain.
• Regular meetings with colleagues across all functions w.r.t risk, governance and controls.
• Regular contact with the Kyosk Management to provide them with an update on risk register as well as risk remediation progress.

Decision Making Authority

• Work is conducted independently
• The role is an expert role with holder expected to bring current best approaches and thinking in risk, controls and governance.

Qualifications

• Formal education, professional qualifications or accreditations from industry bodies.
• Must be a Graduate from Accounting / Business / Engineering or equivalent school.
• Prefarably Qualified professional (CIA, CISA or equivalent)
• Postgraduate Degree in relevant field preferable business related will be a plus.

Skills & Knowledge

• Technical, specialist or professional skills required, indicating level of expertise.
• Must have excellent communication and reporting skills (verbal and in writing)
• Planning & analytical, negotiating and influencing skills is important to the role.
• Must be proactive, co-operative and supportive team player
• Ability to work to deadlines
• Ability to work across cultures
• Ability and willingness for extensive local and overseas travel.
• Experience of internal audit work, risk appraisal and management techniques will be a plus.
• Design of risk based Internal Audit programmes.
• Experience in international organisations with overseas offices.
• Practical experience of fraud investigations

Preferred Background/Experience

• Candidate should have 10 years (and above) Big 4 audit experience at senior manager level.
• Multiple audit assignments in major trading companies or experience in the FMCG sector
• 5 years in internal audit function is desired.

Competencies

• Business Acumen - Sound understanding of the businesses requirements
• Analytical Thinking - Ability to analyze information and draw conclusions
• Effective Decision Making - The role requires you to work independently and make decisions as to how to approach problems and issues.
• Project Management - Ability to plan and organise workload and to meet deadlines is essential.
• Communication Skills - The role involves a lot of communication with different departments in the business. This may also involve discussing confidential or contentious issues. Very good interpersonal skills (communicates openly & effectively, is friendly, cooperative and good listener).
• Teamwork and Team Management -Ability to work independently and also to cooperate with the rest of Finance department as well as the rest of the business. Develops confidence-based relationships with others; flexible and adapts him/herself easily to other cultures. Ability to manage teams.
• People Development skills - Ability to develop the skill set of the employees
• Drive For Results - Completion of work within deadlines to meet the demands of the business with enthusiasm and self-motivation.
• Customer Orientation - Ability to deliver the requested information in a timely and accurate manner.
• High Integrity/ethics, and commitment to independency and objectivity - Ability to project and uphold Independence of mind.
• Out of the box thinking / Innovation - Ability to challenge existing processes and propose solutions to potential issues and/or future developments.