Title

Senior Internal Auditor (York House, Seymour Street, London W1H 7JT)

Job Description

Bunzl plc is seeking a Senior Internal Auditor.

The role will be part of the Global Internal Audit team, which is responsible for providing assurance over the financial & operational control environment of the Bunzl Group to the Audit Committee.

The appointee will have the opportunity of joining a FTSE50 international group of companies, with the remit of managing a variety of audits, with substantial responsibility and challenges. Based in London, the role will require international travel (about 40% of the time).

Duties and Responsibilities

• Carrying out the audits of businesses effectively and efficiently in accordance with the approach established by the Senior Internal Audit Manager and Head of Internal Audit and Risk.
• Preparing a plan for the audit of a specific business or function which ensures the controls over all key aspects of the business are reviewed.
• Preparing working papers supporting the conclusions reached by the auditor for each area of the business audited.
• Presenting the findings of the work to senior management of the operating company being audited by means of oral presentation and discussion.
• Presenting the outcome of the audit in an audit report setting out weaknesses in internal control and suggested improvements.
• Performing follow-up visits and report on action taken by management to address the points identified.
• Support the preparation of Audit Committee papers and other reports as required.

Required Skills and Experience

• ACA / ACCA qualified;
• University graduate in a recognised and relevant degree subject, minimum of a 2:1.
• External audit experience (ideally with one of the Big 4);
• Internal audit experience – a significant asset;
• Fluent written and spoken English. Fluency in an additional language advantageous (Spanish, Portuguese, French, Germany, Dutch, Mandarin);
• Data analytics experience a plus (PowerBI);
• Highly organised, keen attention to detail;
• Flexibility to travel extensively (i.e. no personal or relevant visa restrictions) in the UK, Europe, South America & Australasia.
• Comfortable taking responsibility for audits from the planning phase through to reports of the highest quality being issued;
• Able to communicate effectively (all audit reports are distributed and read by the Board);
• Able to deal with ambiguity and complexity;
• Desire and ability to understand ways of working / processes and the curiosity to challenge and improve ways of working;
• Able to influence and partner senior stakeholders to agree and drive actions to completion;
• Self-motivated, enthusiastic, energetic and has excellent collaboration and influencing skills in order to be able to demonstrate personal credibility to the business.

About Bunzl

Bunzl plc is a focused and successful international distribution group providing customised solutions to B2B customers. We support businesses all over the world with a variety of products that are essential for customers in the successful operation of their businesses.

Bunzl plc was incorporated in 1940 and listed on the London Stock Exchange in 1957, but its origins date back to 1854 when Moritz Bunzl opened a small haberdashery business in Bratislava, now the capital of Slovakia. Today Bunzl is active in 31 countries and organised into four business areas: North America, Continental Europe, UK & Ireland and Rest of the World.

The organisation allows the management in each geographical area to have a strong focus on driving organic growth, integrating acquisitions and evaluating acquisition opportunities. The business areas are constantly sharing ideas and practices amongst themselves as they source from a broad group of international suppliers and sell to a diverse base of international customers.

Position

Internal Audit Senior

Territories

United Kingdom, Ireland and Spain

Companies

PHS Group and Bidvest Noonan

Office Location

London, United Kingdom

Reporting Lines

Reports to the Head of Internal Audit (HIA) of The Bidvest Services UK Ltd (“Bidvest”) based in London

Description

To support establishment of an Internal Audit function within the UK covering both PHS Group and Bidvest Noonan across the UK, Spain and Ireland. The Internal Audit function is responsible for the assessment of the systems of processes and controls in place within each business coupled with the identification of weaknesses and/or shortcomings in the control environments that impact the financial, operational, compliance, risk and regulatory issues faced by the businesses.

Within the above ambit, responsibilities will include:

• Support in delivery of annual Internal Audit Plan using an integrated risk-based approach
• Involved/ own planning, executing and finalizing audit engagements in accordance with the Internal Auditing Standards.
• Reporting findings in writing (post discussions), with the appropriate level of management for the area under audit. Management will provide remediation plans to mitigate the risks associated with the identified audit findings.
• Supporting IA Manager and HIA in preparing Internal Audit Summary templates and schedules, as deemed necessary, in accordance guidance, for inclusion in the quarterly Divisional and/or Group Audit Committee meetings.
• Tracking and follow-up of the remediation effort of the audit findings.
• Managing relationships and interaction with directors and line management with regard to the planning, executing and finalizing audit engagement and remediation action.
• Driving of audit innovation in the digital assurance space using ALICE as well as data analytics.
• Adhering to the Group’s Internal Audit Charter.
• Attending the necessary training to maintain continuing professional development hours.

Qualification

Chartered Accountant (assuming min 3 years’ experience as part of articles)

Required Skills

• Motivated, self-starter, able to work independently and within a team
• Integrity, professionalism and confidence
• Understanding and proficient in MS Office, advanced Excel
• Brings new ideas on how to set up/develop a function
• Knowledge of risk and ability to quickly identify business risks
• Ability to design adequate audit procedures to establish whether the business effectively mitigates risks
• Data analytic skills
• IA auditing skills
• Report writing skills
• Strong interpersonal skills
• Organizational and analytical skills.
• Business acumen
• Target/results drive
• Strong attention to detail and methodical
• Able to travel, as required
• Eagerness to learn and deep curiosity about the wider business

Job title

Audit Manager

Job family

Quality, Risk and Assurance

Band

E

Job purpose

Audit Manager is a leadership role assisting the Heads of Audit in delivering a recognised BBC centre of excellence in the provision of independent, impartial advice and assurance on business risks and controls.

Key responsibilities and accountabilities

• Take a primary role in the timely delivery of a portfolio of audit assignments, to be carried out using a team of internal Senior Auditor resource and resource provided through the co-source internal audit providers.
• Focus on the ongoing review of core internal controls but will also include ad-hoc specialist reviews.
• Negotiate with, and influence, senior management in the development of appropriate controls responses.
• Drive audit delivery from planning, through fieldwork to reporting, and obtaining buy-in from key stakeholders.
• Maintain knowledge of BBC strategy, organisational development and risks to help inform approach and activity.
• Act as a principled and respected business partner in providing ad hoc and consultative controls advice to the business.
• Assist with departmental deliverables, including audit committee reporting, follow-up of audit actions and resource planning.
• Stay informed of changes in corporate governance and auditing best practice.
• Support the development of the forward audit plan in conjunction with the Heads of Audit.
• Contribute to the development of the population of skilled in-house Senior Auditors.
• Design and implement departmental guidelines, processes, systems and working practices in conjunction with the Heads of Audit. This will require the development of new ways of working alongside the co-source internal audit partner.
• Ensure that sound audit methodology and high quality reporting are firmly embedded throughout the department.

Knowledge, skills, training and experience

Essential

• Ability to deliver a range of audit activity under high quality standards and demanding deadlines in a complex environment.
• Ability to negotiate and work alongside a range of contacts including senior management, and the motivation and energy to actively promote control improvements.
• Substantial internal auditing or similar relevant experience, including the management of other professionals in the execution of a risk based assurance and/or advisory function.
• Experience working in or with organisations of a comparable size or complexity to the BBC.
• Management of resource to deliver audit assignment.

Desirable

• Applicants are expected to have at least one of the following professional qualifications as appropriate to the role:
  • Qualified Accountant through a recognised professional body (e.g. ACA, ACCA, ACMA)
  • Chartered Member of the Institute of Internal Auditors (UK)
  • Certified Information Systems Auditor
• Direct experience of internal audit is essential.
• It would be a significant advantage to have additional, substantial, experience in one or more of the following areas:
  • Data Analytics;
  • Internal Consulting;
  • IT Audit;
  • Project Audit;
  • Royalties and Contract auditing;
  • Value for Money audit; or
  • Broadcast/ Production Management or auditing

Job impact

Decision making

• Risk assessment in planning individual audits.
• Judgements regarding sensitive issues for consideration by departmental/functional management.
• Management of Senior Auditors on individual assignments.

Scope

• Audit services provided across all functions and operations of the BBC including commercial subsidiaries and related charities.

Other information

For Reward team use only

Job Code

Definition:      

Support

JOB DESCRIPTION