Head – Internal Audit MB Informatics

Key Responsibilities & Accountabilities Strategic Leadership & Governance:

• Develop, implement, and maintain the Group Internal Audit Charter, policies, procedures, and audit methodologies in line with IPPF, IIA standards, and best industry practices.
• Prepare and execute the annual risk-based audit plan covering all business units, subsidiaries, joint ventures, and support functions across the Group.
• Provide independent assurance to the Board, Audit Committee, Shareholders, and Executive Management on the adequacy and effectiveness of governance, risk management, and internal control frameworks.
• Act as a strategic advisor to management on emerging risks, business process improvements, governance practices, fraud prevention, and regulatory compliance requirements.
• Lead the development of enterprise-wide risk assessment processes and ensure audit priorities align with key organizational risks and strategic objectives.

• Direct and oversee operational, financial, compliance, IT, project, and special audits across all Group entities.
• Ensure audit assignments are adequately planned, supervised, documented, executed, and completed within agreed timelines while maintaining the highest professional standards.
• Review and approve audit programs, working papers, risk assessments, observations, and audit conclusions prepared by the audit team.
• Ensure audit findings are supported by sufficient evidence and communicated effectively to management through clear and actionable recommendations.
• Review and approve final audit reports and present significant findings, risks, and recommendations to senior management and the Audit Committee.
• Monitor implementation of audit recommendations and follow up on outstanding actions to ensure timely closure of identified control deficiencies.

• Evaluate the effectiveness of financial, operational, and compliance controls across the organization and identify opportunities for improvement.
• Assess strategic, operational, financial, regulatory, cybersecurity, and reputational risks and provide recommendations for mitigation.
• Ensure adequate controls exist to safeguard company assets, prevent fraud, reduce operational risks, and improve business efficiency.
• Lead fraud investigations, special reviews, whistle blower investigations, and management-requested assignments while maintaining confidentiality and professional integrity.
• Review the effectiveness of business continuity, disaster recovery, crisis management, and corporate governance frameworks.

• Ensure compliance with applicable laws, regulations, shareholder directives, corporate policies, and industry standards.
• Monitor regulatory changes and assess their impact on business operations, governance, and compliance requirements.
• Coordinate with external auditors, regulators, government authorities, and other assurance providers where necessary.
• Provide assurance regarding the adequacy and effectiveness of compliance management systems across the Group.

• Lead, mentor, coach, and develop the Internal Audit team to build a high-performance audit function.
• Establish performance objectives and professional development plans for audit staff.
• Promote a culture of ethics, accountability, transparency, continuous improvement, and risk awareness throughout the organization.
• Ensure audit resources are effectively allocated and utilized to maximize audit coverage and value.

• Maintain effective working relationships with senior management, shareholders, department heads, and external stakeholders.
• Periodically report audit performance, key risk indicators, significant findings, and internal control trends to the Board and Audit Committee.
• Support management in developing corrective action plans and strengthening the overall control environment.
• Represent the Internal Audit function in executive meetings, governance forums, and strategic business discussions as required.