Group Chief Internal Auditor

Job Title: Group Chief Internal Auditor (GCIA)

The Catalyst Group is hiring a Group Chief Internal Auditor (GCIA) for its client, a prominent conglomerate operating across marketing, manufacturing, sales and distribution, retail, and food franchising sectors.

Location: Head Office, Karachi

The Group Chief Internal Auditor (GCIA) provides strategic leadership in internal audit, risk management, corporate governance, process improvement, and compliance across all operating companies.

Responsibilities:

Internal Audit Execution

• Execute internal audits as per plans approved by respective Audit Committees
• Report findings from internal and external audits to the Board Audit Committees
• Serve as an advisor on risk management, process improvement, compliance, and restructuring matters
• Lead internal audit engagements and present recommendations to the Group Board Audit Committee
• Coordinate with outsourced audit firms to develop annual audit plans
• Ensure timely circulation of information and accurate recording of Audit Committee meeting minutes
  
  
  

Risk Management

• Brief management and Audit Committee on the Group's current risk profile
• Analyse key risk indicators such as borrowing levels, profitability, loss-making entities, and related exposures
  
  
  

Process Improvement

• Review ongoing operations in group companies to identify gaps and recommend corrective actions
• Update internal audit policies based on legal changes and SECP requirements
• Facilitate compliance with policies and legislative/regulatory requirements
  
  
  

Special Assignments

• Execute special assignments as directed by the Audit Committee and Board of Directors, reporting findings accordingly
  
  
  

Communication Responsibilities

External Parties

• Outsourced Audit Firms: Discuss critical audit findings and ensure smooth operations
• Law Firms: Seek legal advice on changes in laws or proposed transactions
  
  
  

Internal Parties

• Group CEO: Present quarterly audit reports, discuss findings, and address queries from the Audit Committee
• CEOs of OpCos: Present audit findings and progress on corrective actions.
• CFO: Update finance-related information, discuss audit schedules, and resolve escalated queries.
  
  
  

Requirements:

• Experience: 10+ years in audit and finance, including a leadership role in audit
• Qualification: Chartered Accountant (CA)
• Expertise: Strong understanding of internal audit functions in large organisations and experience reporting to Audit Committees
• Strong initiative and ability to execute projects independently
• Tech-savvy with advanced MS Office skills and expertise in implementing AI tools in audit functions
• Excellent interpersonal, written, and verbal communication skills