Head of Audit
| Posting date: | 15 January 2025 |
|---|---|
| Salary: | Not specified |
| Additional salary information: | Competitive |
| Hours: | Part time |
| Closing date: | 29 January 2025 |
| Location: | Welwyn Garden City, Hertfordshire, AL7 1GA |
| Company: | Tesco |
| Job type: | Permanent |
| Job reference: | tesco/TP/16782674/925268 |
Summary
About the role
At Tesco, we believe in the power of spending more time together, face to face, than apart. So, during your working week, you can expect to spend 60% of your time in one of our office locations or local sites and the rest remotely. We also recognise that life looks a little different for each of us. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. That’s why at Tesco, we always welcome a conversation about flexible working. So, talk to us throughout your application about how we can support.
As Head of Audit, you will lead Group Audit activities and deputise for the Group Audit Director. You will lead a team of auditors and subject matter specialists (co-sourced and internal experts) to deliver risk based audits. While partnering with the business, you will help identify the key risks, assess how these risks are managed and identify recommendations that will address the root causes of the problems, and in turn, genuinely improve the risk management within the business.
You will be responsible for
- Ownership of a number of key functional leadership roles (Audit PMO, Data Analytics Strategy, Methodology & Continuous Improvement)
- Co-lead a ‘high performance’ team culture change; Developing future audit leaders through investment and coaching in HIPO talent pool.
- Building relationships with business stakeholders (across People, Product, Tesco Mobile and Corporate Comms) to ensure that the key risks in each business unit are understood, the key developments and change projects are monitored, and audit issues are addressed in a timely and effective manner.
- Lead the development a dynamic and risk-based internal audit plan taking into account the internal and external risks, other developments and change in the organisation to create a prioritised plan.
- Full accountability for a team of auditors delivering a programme of complex audits (strategic, operational, change, financial or compliance) from planning to reporting, including execution of data analytics.
- Analysing large volumes of data from various systems and translate into digestible information for the team, management, and stakeholders to use for decision-making.
- Prepare regular impactful progress updates for Executives and Audit Committee; Facilitating workshops with cross functional stakeholders to drive follow up/conclusion of agreed actions arising from audits.
- Accountable for the delivery of high quality, impactful and value-adding internal audit reports;
- Performing ad hoc “in-flight” reviews of ongoing change initiative projects, to build a robust control framework; Utilising and managing SME resources to supplement the skills internally to perform more technical reviews.
- Forecasting and managing budgets effectively.
You will need
- CIMA, ACA or ACCA qualified Accountant or IIA qualified Auditor or other suitable qualification.
- Significant internal or external audit experience including Enterprise Risk Management (ERM) experience from with a large, complex businesses in Retail and/or FMCG
- Proven functional leadership/management (including Line Management) experience.
- Proven innovation and change experience.
- Understanding of governance and compliance requirements, and related processes in large and complex organisations.
- Excellent analytical and problem-solving skills including experience in delivering assurance.
- Strong influencing skills with the ability to build stakeholder relationships. A strong desire to learn.
#LI-Hybrid
#LI-MW1
What’s in it for you
We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!
- Annual bonus scheme of up to 45% of base salary
- Car Cash Allowance
- Holiday starting at 25 days plus a personal day (plus Bank holidays)
- Private medical insurance
- Retirement savings plan - save between 6% - 10% and Tesco will contribute 1.5 times this amount
- 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave
About us
Tesco has become a market leader by doing the little things that really matter for our customers and colleagues.
It’s part of what makes Tesco such a great place to work, and we’re proud to have been accredited as one of Britain’s Top Employers again this year.
We're the UK's number one retailer and we pride ourselves on offering a great shopping experience. We are passionate about our food, merchandise and services and will always try to get things right for our customers.
But did you know we also offer great job opportunities? With stores, distribution centres and offices across the UK, and a vast variety of roles, we are always looking for people who have a hunger to work with customers and colleagues across our exciting business.
We believe in treating each other with respect and giving everyone an equal opportunity to get on. It's our people that make the difference every day - helping us make a difference for our customers
Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details before your agreed start date.
For more information about us please visit www.tescoplc.com
Proud member of the Disability Confident employer scheme