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• Innovate audit practices and influence strategic decisions
• Manage a top team, setting the standard in risk and governance
• Advise executives, safeguarding financial health and compliance

Position Summary
As the Head of Group Internal Audit for a bank in PNG, the incumbent will report directly to the BARC Chair. They will have overall responsibility for developing & overseeing the Internal Audit function across the Group.

This role ensures that Internal Audit adheres to industry best practices in carrying out its duties across the bank's business and financial operations. The incumbent is tasked with coordinating roles, responsibilities, and outcomes to enhance the effectiveness of risk management, control, and governance within the organisation.

Primary Responsibilities

• Lead Internal Audit’s change initiative implementing action plans for risk assessment, audit planning, execution, reporting, staff development, technology, and BRCC reporting.
• Oversee annual audit planning to develop a risk-based plan aligned with the organisation’s risk profile.
• Manage audit execution to ensure quality and client satisfaction, issuing clear and actionable reports.
• Lead SOX assessment scoping and prepare the final report on internal controls over financial reporting.
• Track and close audit issues, leveraging BRCC as needed.
• Participate in executive meetings to align audit priorities with business developments.
• Attract and retain top audit talent ensuring adherence to professional standards and incorporation of best practices.
• Oversee audit involvement in key initiatives ensuring proactive controls and effective use of audit technology.
• Coordinate with external auditors and serve as the main point of contact for regulatory reviews and third-party audits.

Key Competencies and Qualifications

• Experience in the banking and finance industry would be well regarded.
• Knowledge of Generally Accepted Auditing Standards
• Knowledge of a variety of reporting procedures, regulations, and law
• Planning and Time Management
• Effective Communication and Human Relations skills
• Critical Thinking and Analysis
• Attention to detail
• Tenacity and Ethics
• Technology Proficient (excel, word, Visio, ability to learn new software)

Experience and Education:

• Bachelor’s degree in Accounting & Finance or other closely related field.
• Certified Internal Controls Auditor (CICA) or Certified Public Accountant (CPA) required
• Certified Fraud Examiner (CFE). Not essential but preferred.
• Internal Audit experience in a banking business preferred.
• 5 or more years’ experience in auditing or accounting; 3 years in a management role

Key Performance Indicators

• Timely closure and tracking/reporting of audit findings
• Recommendation and implementation of process improvements and remediation action items
• Other financial KPIs – expense management

Please submit your application by clicking on the 'APPLY NOW' button and uploading a copy of your updated CV (Microsoft Word format) and a covering letter addressing the key criteria.

Peopleconnexion PNG: Recruitment, Training, Payroll & HR Services.

www.peopleconnexion.com/png
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To Apply

To apply, email your CV and other relevant documentation to apply@pngworkforce.com. Please include the Job ID "#21125" in the email's subject to ensure your application is processed.