Job Summary
The Head of Internal Control & Risk is responsible for leading the internal control and risk management functions within the mining company. This role involves designing and implementing effective internal control systems, identifying and managing risks, ensuring compliance with regulatory requirements, and promoting a culture of risk awareness and mitigation across the organization.
Job Description
- Lead and manage the internal control team, providing guidance, training, and support.
- Develop and implement the internal control strategy in alignment with the company’s goals.
- Oversee the planning, execution, and reporting of internal control activities.
- Identify, assess, and prioritize risks across all areas of the company’s operations.
- Develop and implement comprehensive risk management strategies.
- Regularly review and update the risk management framework to address emerging risks.
- Design, implement, and maintain a robust internal control system.
- Ensure internal controls are effective and aligned with industry best practices and regulatory requirements.
- Regularly evaluate and update control policies and procedures to enhance effectiveness.
- Ensure the accuracy and integrity of financial reporting and operational processes.
- Monitor and evaluate the effectiveness of financial controls, including budgeting, forecasting, and expenditure management.
- Conduct regular reviews of operational processes to identify and mitigate risks.
- Prepare detailed reports on internal control evaluations, risk assessments and findings.
- Communicate key issues and recommendations to senior management and the Board of Directors.
- Collaborate with department heads and other stakeholders to promote a strong internal control environment.
- Provide expert advice and support on internal control matters.
- Conduct training sessions to raise awareness and understanding of internal control practices across the organization
Qualifications
- A bachelor’s degree in accounting, finance, or a related field is typically required.
- A master’s degree or professional certification (e.g., ICAN) is preferred.
- Minimum of 7 years of experience in internal audit or internal controls with at least 3 years in a leadership or managerial role.
- Deep knowledge of risk management frameworks, internal control principles, and relevant regulations.
- Strong analytical, problem-solving, and decision-making skills are essential.
- Excellent leadership, communication, and interpersonal skills to effectively collaborate with stakeholders at all levels of the organization, from front-line staff to the board of directors.
High level of integrity and professional ethics, as this role involves handling sensitive financial information and ensuring compliance.
