The Weir Group PLC

Returning Candidate?

2018-17741

2018-17741

Title 
Group Internal Auditor
Posted Date 
4/11/2018
Job Location 
..
Shift Schedule 
Day
Manages Others 
No
Close Date 
4/27/2018

More information about this job

Company Profiles

Weir has been in business since 1871 and our sustainability and success has been built on attracting, retaining, and developing exceptional people.

 

As a global company, employing around 15,000 people in over 70 countries, we reflect the diversity of our customers in the diversity of our people and ensure everyone is given the opportunity to flourish regardless of their gender, race, beliefs or background.

 

Weir is an inclusive and innovative organisation where you can be your authentic self. We continually develop our talent and diversity of thought to keep our business relevant, innovative and successful for the future.

 

 

 

Enabling our people to unleash their full potential is central to ‘We are Weir’, our vision, mission, and strategic priorities. We aim to be the most admired engineering business in our markets and we'll achieve that ambition by being the employer of choice in our markets.

 

We offer a wide range of career opportunities across a variety of technical and business roles in engineering, manufacturing and service locations worldwide.

 

Business Need / Purpose of Role

The Internal Audit function is a value add, globally mobile part of the group structure. The team currently consists of 4 members of staff based from our Head office in Glasgow being the Head of Internal Audit, Group Internal Audit Manager and 2 Group Internal Auditors.  The team is supported by ad-hoc local resource and the use of specialist outsourced providers as required.

 

The overriding focus within this role will be the assessment and improvement of the risk and controls framework affecting all of the companies within a PLC group structure; being a diverse global business this will require significant international travel exposing the role holder to a wealth of different cultures, operating units and senior figures within the business.

 

The role of Group Internal Auditor has come about due to a review of the needs and requirements of the internal audit function going forward.  The role presents an excellent opportunity for a first class, qualified individual to join a highly visible team, with the opportunity to help shape the future direction of the Internal Audit function.

Objectives & Measurement - Key Responsibilities

The role is to support the provision of Assurance to the Audit Committee, to the Group Executive and to business unit and functional management concerning: the identification, assessment and ownership of business risks; and, the development and operation of effective processes and controls to manage those risks to an acceptable level. 

  • Proactive planning of audit reviews to maximise value and ensuring there is appropriate risk-based focus
  • Assessment of key risks, and the controls in place to mitigate those risks, within the companies under review
  • Developing audit processes and work programmes
  • Undertaking internal audit reviews based on the annual Internal Audit Plan, reviewing business processes within operating companies and recommending efficiency improvements
  • Preparation of findings for reports detailing business risks, commenting on the efficiency and effectiveness of financial and commercial controls; and making practical recommendations to address the gaps and weaknesses identified
  • Advising companies on control issues as and when required
  • Supporting the Head of Internal Audit to undertake ad hoc projects as and when required, including the investigation of whistle-blowing allegations

Job Knowledge / Education and Qualifications

  • Qualified accountant with extensive experience operating in a global internal audit function
  • Track record of identifying and implementing change within a progressive Internal Audit department
  • Experience of undertaking internal audits for a global organisation
  • Awareness of best practice approaches to risk management and internal controls
  • Strong IT skills (ERP system and data analytics experience an advantage)
  • Previous manufacturing experience (from audit or industry) desirable but not essential
  • Additional languages to English (especially Spanish, French or Chinese) would be highly regarded
  • Willing and able to travel globally (around 50-60%)

Core Competencies

The following core competencies are required in this role:

 

Analytical – Understands and able to break down complex or diverse information; gathers and processes data to identify problems, draw conclusions and propose solutions; able to consider different options and alternatives and make appropriate recommendations; works well with others to resolve problems and implement solutions.

 

Customer Service - Seeks to understands customer’s needs and requirements, and takes appropriate action to meet these effectively; responds promptly to customer needs and keeps customer updated on progress; obtains customer feedback to improve service; sets realistic expectations with customer, but strives to exceed these; adapts to changing customer demands and proactively manages difficult customer situations.

 

Interpersonal Skills – Able to communicate and build relationships with a variety of people; can interact positively and work effectively with others; focuses on resolving conflict; keeps emotions under control; has an good awareness of others and can adapt their style to manage different people; remains open and considerate to others' ideas; shows respect and empathy.

 

Building Effective Teams – Defines the teams key responsibilities; achieves effective engagement and morale; shares wins and successes in adopting regular open communication; builds a shared vision and objectives; establishes trust.

 

Influencing – Expresses views openly and with conviction; effectively sells their ideas and identifies and proposes solutions that benefit all parties; anticipates the reaction of others and adapts an appropriate style; shows respect for other people’s views; promotes the creation of shared mission and values, and uses those principles to guide actions.

 

Judgment - Displays willingness to make decisions; effectively evaluates information to make a decision; able to assess a situation and draw sound conclusions; supports and explains reasoning for decisions; includes appropriate people in decision-making process; makes timely decisions.

 

Planning/Organising - Prioritises and plans work activities for self and/or others to meet individual, team and departmental objectives; anticipates resources required to deliver tasks and identifies potential risks; able to adapt if circumstances change; checks completion of activities and progress on projects, showing awareness of deadlines and develop appropriate action plans.

 

Quality - Demonstrates accuracy and thoroughness; looks for ways to improve and promote quality; applies feedback to improve performance; monitors own work to ensure quality.