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Head of Internal Audit

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Job ID:

50543

Location:

London 

Salary:

£45,000.00 per year
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Job Views:

26

Posted:

06/10/2018
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Job Description:

MAIN PURPOSE

The role will lead on the implementation, development and integration of an audit function across the business' portfolio of government and public-sector contracts. Integral to this will be the development and implement an audit framework that supports the business and ensures processes, policies, legislative requirements and procedures are in place, are followed and can be evidenced. Day-to-day duties will involve the management of an audit framework, periodic review of practice, conducting investigations into malpractice (where strictly necessary) and contributing collaboratively with projects to rectify business practice and control deficiencies identified during business reviews.

The role, a key component of the Risk department's management team, will be responsible for reviewing existing practices within the current business and developing control and assurance strategies for current and future business. This will include an effective communication process and framework to identify, report on and manage risk.

The role will also lead on our General Data Protection Regulations 2018 (GDPR) obligations and the facilitation of external audits such as PAT inspections.

This is not intended to be an exhaustive list and as such you will be expected to carry out any other duties that may be specified by your Line Manager from time to time. This job description is non-contractual.
This role will work on various contracts across the business, some of which are co-financed by the European Social Fund.

Reed in Partnership requires the full commitment and cooperation of its employees to strictly adhere to company policies and procedures, which includes quality standards(2), data protection(3), health and safety(4), diversity(5) and safeguarding(6).

KEY RESPONSIBILITIES

Business Improvement
To develop and implement an audit framework that supports the business and ensures processes, policies, legislative requirements and procedures are in place, are followed and can be evidenced.

• To provide an independent, objective assurance and consulting service designed to add value and improve the operation of the business.
• Ensuring the Audit Function offers an effective and consistent control and monitoring strategy that is embedded throughout the business.
• Work with senior management within the business to design, development and implement comprehensive control structures for new contract delivery.
• Considering audit findings, reviewing the company's processes, policies, procedures and systems to ensure completeness, accuracy and fitness for purpose and making written recommendations for improvement.
• Establish, maintain or support risk assessments to identify and assess the material risks that arise around the area of responsibility.
• Establish procedures that ensures our whistleblowing process is effective and can be reported on.
• Establish processes that enable complaints and their resolution to be monitored and reported on effectively.
• Establish and manage the businesses GDPR approach, communications, monitoring and other key activity. Act as an advisor to the wider business.
• Facilitate, manage and prepare the business fully for external visits, such as DWP Provider Assurance (PAT) visits.
• Conduct investigations in accordance with the company's control structure, anti-fraud strategy and response plan.
• Contribute to the overall agenda of cultivating a culture of individual responsibility throughout the business through the sharing of technical knowledge and ensuring a training element is fully designed and embedded for both new contracts and improving existing provision.
• Adopt and encourage a culture of continuous improvement across the business, through processes, relationships and use of technology.
• Assist with managing key relationships within customer and third-party audit, inspection, and quality assurance departments.
• Partnering with other departments to define and implement control standards including but not limited to, Business Ethics, Data Security and GDPR requirements
• Working with our compliance and validation functions to ensure all internal standards and requirements are understood, communicated and met fully.
• To promote and embed the company's corporate governance stance and risk management policies by helping to design training and support that ensures requirements are clearly understood and monitored.

PERSON SPECIFICATION

Essential Attainments:
• Exposure to and understanding of contractual requirements within provision/services commissioned by government bodies.
• Experience of working within a monitoring, continuous improvement, internal audit, contract management, compliance or comparable fun
Company Info
Reed Finance

Company Profile



Company Info


Reed Finance

Phone:
Web Site:

Head of Internal Audit

col-narrow-left 

Job ID:

50543

Location:

London 

Salary:

£45,000.00 per year
col-narrow-right 

Job Views:

26

Posted:

06/10/2018
col-wide 

Job Description:

MAIN PURPOSE

The role will lead on the implementation, development and integration of an audit function across the business' portfolio of government and public-sector contracts. Integral to this will be the development and implement an audit framework that supports the business and ensures processes, policies, legislative requirements and procedures are in place, are followed and can be evidenced. Day-to-day duties will involve the management of an audit framework, periodic review of practice, conducting investigations into malpractice (where strictly necessary) and contributing collaboratively with projects to rectify business practice and control deficiencies identified during business reviews.

The role, a key component of the Risk department's management team, will be responsible for reviewing existing practices within the current business and developing control and assurance strategies for current and future business. This will include an effective communication process and framework to identify, report on and manage risk.

The role will also lead on our General Data Protection Regulations 2018 (GDPR) obligations and the facilitation of external audits such as PAT inspections.

This is not intended to be an exhaustive list and as such you will be expected to carry out any other duties that may be specified by your Line Manager from time to time. This job description is non-contractual.
This role will work on various contracts across the business, some of which are co-financed by the European Social Fund.

Reed in Partnership requires the full commitment and cooperation of its employees to strictly adhere to company policies and procedures, which includes quality standards(2), data protection(3), health and safety(4), diversity(5) and safeguarding(6).

KEY RESPONSIBILITIES

Business Improvement
To develop and implement an audit framework that supports the business and ensures processes, policies, legislative requirements and procedures are in place, are followed and can be evidenced.

• To provide an independent, objective assurance and consulting service designed to add value and improve the operation of the business.
• Ensuring the Audit Function offers an effective and consistent control and monitoring strategy that is embedded throughout the business.
• Work with senior management within the business to design, development and implement comprehensive control structures for new contract delivery.
• Considering audit findings, reviewing the company's processes, policies, procedures and systems to ensure completeness, accuracy and fitness for purpose and making written recommendations for improvement.
• Establish, maintain or support risk assessments to identify and assess the material risks that arise around the area of responsibility.
• Establish procedures that ensures our whistleblowing process is effective and can be reported on.
• Establish processes that enable complaints and their resolution to be monitored and reported on effectively.
• Establish and manage the businesses GDPR approach, communications, monitoring and other key activity. Act as an advisor to the wider business.
• Facilitate, manage and prepare the business fully for external visits, such as DWP Provider Assurance (PAT) visits.
• Conduct investigations in accordance with the company's control structure, anti-fraud strategy and response plan.
• Contribute to the overall agenda of cultivating a culture of individual responsibility throughout the business through the sharing of technical knowledge and ensuring a training element is fully designed and embedded for both new contracts and improving existing provision.
• Adopt and encourage a culture of continuous improvement across the business, through processes, relationships and use of technology.
• Assist with managing key relationships within customer and third-party audit, inspection, and quality assurance departments.
• Partnering with other departments to define and implement control standards including but not limited to, Business Ethics, Data Security and GDPR requirements
• Working with our compliance and validation functions to ensure all internal standards and requirements are understood, communicated and met fully.
• To promote and embed the company's corporate governance stance and risk management policies by helping to design training and support that ensures requirements are clearly understood and monitored.

PERSON SPECIFICATION

Essential Attainments:
• Exposure to and understanding of contractual requirements within provision/services commissioned by government bodies.
• Experience of working within a monitoring, continuous improvement, internal audit, contract management, compliance or comparable fun