Head of Internal Audit

We are seeking a Head of Internal Audit to join our team at Oxford Instruments. In this role, you will play a crucial role in developing and implementing a comprehensive internal audit program to ensure our company's adherence to established policies, procedures, and regulatory requirements.

Responsibilities:

• Develop and execute the internal audit strategy, including the annual audit plan, risk assessment, and audit methodology.
• Monitor changes in the regulatory environment and ensure compliance with relevant laws and regulations.
• Collaborate with senior management to align the internal audit function with the company's overall strategic objectives.
• Conduct internal audits and risk assessments to evaluate the effectiveness of material controls, risk management practices, and compliance with policies.
• Identify control weaknesses, process inefficiencies, and areas for improvement.
• Prepare clear and concise audit reports, including recommendations for corrective actions, and present findings to senior management.
• Build strong working relationships with key stakeholders across the organization to understand their needs and align audit activities accordingly.
• Collaborate with external auditors to ensure coordination and efficient use of resources.
• Provide guidance and support to management in implementing audit recommendations.
• Stay up to date with industry best practices, emerging risks, and regulatory changes related to internal audit.
• Identify opportunities to enhance internal audit processes, methodologies, and tools.
• Implement initiatives to streamline and automate audit activities where possible.

Person Specification:

Education / Qualifications:

• Bachelor's degree.
• Professional certification such as ACA is essential.

Professional Skills/Abilities:

• Extensive experience in internal audit, risk management, or related fields.
• Strong knowledge of internal control frameworks, risk management methodologies, and industry standards.
• Excellent analytical and problem-solving skills, with the ability to identify and assess risks and develop appropriate mitigation strategies.
• Proficient in using audit management software and data analytics tools.

Personal Qualities:

• Strong leadership matrixteam management abilities, with the capability to motivate and inspire cross-functional teams.
• Excellent communication and presentation skills, with the ability to effectively communicate complex audit findings to senior management.
• High ethical standards and the ability to maintain confidentiality.

At Oxford Instruments, we are proud of the environment that we have created. We hope that by joining us, you will discover why people stay with our business for so long and have such a significant impact on our globally growing success story.

This role is a hybrid role with the main location being Tubney Woods, Abingdon. However, we can also consider other UK-based offices, including Bristol and High Wycombe. We work from 8:00 am until 4:30 pm Monday to Thursday and finish at 1:00 pm on Fridays, allowing you to start your weekend early.

Other Benefits:

• 25 days holiday + bank holidays
• Private health care
• Generous pension
• Car scheme
• Cycle to work
• Income protection
• Employee Discounts
• Life assurance

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