Levrara Consulting Group
Chief Audit Executive
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Chief Audit & Assurance Executive
London | Interim
We are partnering with a leading UK higher education institution to appoint an experienced Chief Audit & Assurance Executive on an interim basis.
This is a senior leadership position with responsibility for developing and delivering an effective internal audit and assurance function, providing independent assurance across risk management, governance, internal controls and regulatory compliance.
The successful candidate will work closely with senior executive leadership and the Audit, Risk and Compliance Committee, while leading the Internal Audit team and overseeing the organisation's wider assurance framework.
Key Responsibilities
- Develop and deliver a risk-based internal audit strategy and annual audit plan.
- Lead the Internal Audit team and oversee all internal audit activities.
- Provide assurance over the effectiveness of risk management, governance, internal controls and compliance arrangements.
- Report regularly to the Audit, Risk and Compliance Committee on audit activity, findings and recommendations.
- Lead the development and delivery of the organisation's Board Assurance Framework, aligning this with strategic and enterprise risk.
- Prepare the annual internal audit report and overall assurance opinion.
- Build strong relationships with senior executives, committees and key stakeholders across the organisation.
- Support and oversee investigations into suspected fraudulent or irregular activity where required.
- Undertake value-for-money and process reviews to identify opportunities to strengthen controls and improve efficiency.
- Oversee the procurement of external assurance and consultancy services, including external audit.
- Ensure internal audit and assurance practices remain aligned with relevant professional standards and regulatory requirements.
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Candidate Profile
- Significant senior-level experience within Internal Audit, Assurance, Risk and/or Compliance.
- Proven experience developing and delivering risk-based internal audit strategies and plans.
- Strong knowledge of professional auditing practices and standards.
- Demonstrable experience leading and developing an Internal Audit or Assurance team.
- Experience engaging with Boards, Audit Committees and senior executive stakeholders.
- Strong understanding of governance, risk management and internal control frameworks.
- Degree or equivalent qualification.
- Relevant professional qualification in audit, finance or governance, with membership of an appropriate professional body.
- Excellent communication, stakeholder management and leadership skills.
- Experience within higher education or the wider public sector would be advantageous.
- Experience leading sensitive investigations would also be beneficial.
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This is an excellent opportunity for an established senior Audit and Assurance professional to take ownership of a broad and highly visible assurance function within a complex organisation.
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