Closed

Head of Internal Audit

Islamabad Club

Islamabad New Opportunity Official website

Opportunity Information

Closed

Number of Post(s)

Type of Employer

Recreation/ Sports/ Club/ Gymnasium/ Park/ Entertainment Facility

Level

Executive

Placement

On Site

Location

Islamabad

The Role

Islamabad Club seeks a qualified and independent Head of Internal Audit, reporting to the Finance & Audit Committee, to lead the Club's internal audit function and provide objective assurance on governance, risk management and internal controls (3-year contract, extendable for 2 years).

•Develop and execute a risk-based annual internal audit plan approved by the Finance & Audit Committee •Conduct financial, operational, compliance and IT audits across all Club departments, including F&B, rooms, stores, sports, golf and events •Evaluate the effectiveness of internal controls, SOPs and delegation of financial powers •Review procurement, vendor contracts, payroll and membership receivables for compliance and value for money •Conduct surprise inspections, stock takes and cash counts; investigate irregularities and suspected fraud •Monitor compliance with the Club's constitution, bye-laws, policies and applicable laws and regulations •Report findings to the Finance & Audit Committee and track implementation of management action plans •Coordinate with external auditors and lead the Internal Audit team in line with IIA Standards

Applicants General Eligibility & Requirements

Required Experience

12+ years

Education, Experience and Skills Requirements

Required Education Level/ Field of Study

Professional Master's Degree: Chartered Accountancy (CA)
Masters: Finance

Required Experience

Minimum 12 years of post-qualification experience in internal audit, risk or assurance, of which at least 5 years as Head of Internal Audit/ Chief Internal Auditor or equivalent Preferred: Audit experience in hospitality, a members' club or not-for-profit organization and with ERP systems (SAP, Odoo, Oracle, Opera)

Required Professional Registration(s)/ License(s)

•Qualified Chartered Accountant CA, ACCA, ACMA or CPA (mandatory) •MBA (Finance) from an HEC-recognized university will be an additional advantage

Any Other Requirements or Preferences

•Contract basis for a period of 3 years, extendable for a further 2 years subject to satisfactory performance •The position is purely contractual and not regularizable