Head, Internal Audit

Job SummaryThe Head of Internal Audit is responsible for developing and executing MRANTI’s strategic, risk-based internal audit plan, ensuring alignment with the organization’s goals and objectives. This role entails overseeing the internal audit function in compliance with the internal audit charter, established frameworks, and International Professional Practices Framework (IPPF) set forth by the Institute of Internal Auditors.Job ResponsibilitiesDevelop and Execute Risk-Based Audit Plans: Formulate and implement the annual internal audit plan based on comprehensive risk assessments, ensuring alignment with organisational goals and priorities.Lead Audit Engagements: Manage the planning, execution, and reporting of internal audit engagements in accordance with IPPF standards, internal policies, and best practices.Conduct Root Cause Analysis and Provide Recommendations: Perform in-depth root cause analyses of audit findings and deliver practical, value-adding recommendations to strengthen processes and controls.Drive Cross-Functional Collaboration: Coordinate and lead discussions with divisions and departments to align on corrective actions, fostering a collaborative and accountable work culture.Prepare and Present Reports to Key Stakeholders: Develop and present quarterly updates and internal audit reports to Senior Leadership, the Chief Executive Officer (CEO), and the Board Audit & Risk Committee (BARC).Monitor and Update Risk Assessments: Continuously assess changes in the organisation’s business environment and update the risk-based internal audit plan to reflect emerging risks and control considerations.Follow Up on Audit Findings: Track and ensure timely implementation of corrective actions, escalating unresolved issues to Senior Leadership, the CEO, and BARC as required.Develop and Mentor the Audit Team: Provide coaching, guidance, and professional development to team members to ensure the internal audit function maintains strong technical and behavioural competencies.Uphold Audit Standards and Professional Integrity: Ensure the internal audit function operates with integrity, objectivity, confidentiality, and professionalism in alignment with the Institute of Internal Auditors (IIA) standards.Engage with Senior Leadership and Stakeholders: Build strong relationships with senior management and key stakeholders to understand business needs and ensure the internal audit function remains relevant and value-driven.Job RequirementsBachelor’s Degree in a relevant field (required); Master’s Degree in Accounting, Finance, Business or related fields (preferred).Professional certifications such as CIA or C.A. (M) are an added advantage.Minimum 12 years’ relevant experience, including at least 5 years in a managerial role.Strong expertise in internal auditing, internal controls, risk management, finance, and accounting practices.Ability to identify, assess, and prioritise risks, and integrate them into organisational strategies.Proven leadership skills with the ability to guide, mentor, and develop a high-performing audit team.Strong analytical capabilities, including the ability to interpret complex data, perform root cause analyses, and offer practical recommendations.Excellent verbal and written communication skills, with the ability to present audit reports and engage stakeholders at all levels.Sound understanding of applicable laws, regulations, and professional standards (e.g., IPPF).Experience working with external auditors to coordinate audit activities and align on risk and control evaluations.Ability to work with technology providers to implement tools such as data analytics and audit management systems.Experience conducting audits of third-party vendors to assess compliance, risk, and operational effectiveness.Experience preparing and presenting updates to BARC or equivalent committees.Ability to collaborate closely with risk and integrity teams to ensure audit plans reflect organisational risk profiles and emerging issue