Head of Audit
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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: Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is 'Serving our customers, communities and planet a little better every day'. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet. We are proud to have an inclusive culture at Tesco where everyone truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings. We're committed to creating a workplace where differences are valued, and make sure that all colleagues are given the same opportunities. We're a big business with diverse working patterns and many business areas which means that we can find something that works for you. Everyone is welcome at Tesco. We have recently announced that we will be moving towards a more blended working week – combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate. Please talk to us to about how this can work for you. NOTE: Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details on your agreed start date. We're proud to have been accredited Disability Confident Leader and we're committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please visit https://www.tesco-careers.com/accessibility