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Director of Internal Audit
2 months ago
Cochlear Limited, a leading Australian company, is seeking a highly skilled and experienced professional to fill the position of Director of Internal Audit. As a key member of the Group Internal Audit team, you will play a crucial role in ensuring the effectiveness of Cochlear's governance, risk management, and control frameworks.
Key Responsibilities- Develop and implement the Internal Audit Strategy in collaboration with the VP Group Risk and Assurance and Co-Source Provider, focusing on future state operating models, integrated assurance plans, digital strategy, methodology, and quality improvement.
- Lead strategic transformation initiatives within the audit team and across Cochlear as needed, driving innovation and excellence in internal audit practices.
- Oversee the development and delivery of the annual risk-based audit plan, partnering with the Co-Sourced Internal Audit provider to ensure effective planning, execution, and performance monitoring.
- Provide high-quality, independent assurance and actionable insights to support Cochlear's business strategy, leveraging advanced techniques like AI and data analytics to enhance the effectiveness of the control environment.
- Build, develop, and manage the Internal Audit team, establishing the future state operating model in alignment with the co-sourcing strategy, and fostering a culture of continuous learning and professional development.
- Serve as the primary liaison with external auditors and co-sourced suppliers, advising on emerging trends, focus areas, and best practices for Internal Audit, and promoting a collaborative and proactive approach to risk management.
- Provide strategic, governance, and operational internal audit reporting to the Audit & Risk Committee, Executive, and senior leaders, ensuring timely and accurate communication of audit findings and recommendations.
- Promote a high-performance work environment, ensuring employee engagement and alignment with Cochlear's strategies and quality management system, and driving a culture of excellence and continuous improvement.
To be considered for this position, you will have a proven track record advising large, multi-location global listed corporations at the Board and Executive management level, with a strong background in audit and assurance, risk management, and internal audit practices. You will possess exceptional communication skills, both verbal and written, and be able to build and maintain relationships with key stakeholders and influence change.
Minimum requirements include:
- 10+ years of experience in audit and/or assurance roles, with senior management experience.
- Strong experience managing teams and concurrent audit projects.
- Deep knowledge of governance, risk management, and internal audit practices.
- Exceptional communication skills, both verbal and written.
- Ability to build and maintain relationships with key stakeholders and influence change.
- Demonstrated leadership skills with a proactive, resilient, and adaptable mindset.
- Proven ability to work at speed with accuracy, with strong planning, organizational, and problem-solving skills.
Ideal qualifications include:
- Chartered Accountant (CA), Certified Practising Accountant (CPA), or Certified Internal Auditor (CIA) qualifications preferred.
- Experience in the medical technology sector is desirable.
Cochlear offers a unique opportunity to join a leading global company, with a strong commitment to innovation, excellence, and employee development. As a Director of Internal Audit, you will have the opportunity to shape and structure a leading Global Internal Audit function, and play a key influence and advisory role across the organization.
Cochlear's mission is to help people hear and be heard, and we are dedicated to providing innovative solutions to improve the lives of people with hearing loss. We collaborate with the industry's best clinical, research, and support networks, and are committed to making a positive impact on our customers and the community.
If you are a motivated and experienced professional looking for a new challenge, please submit your application by clicking the apply button below.
