head, Internal Audit / chief audit executivePhilex Mining Corporation

I. GENERAL FUNCTIONS OF THE JOB
The Internal Audit Head is the Chief Audit Executive of Philex Mining Corporation (PMC) and performs the following functions:
Advance level of professional internal auditing work as a key component of the corporate governance structure;
Directs strategic and comprehensive programs including performance, financial, and compliance audit projects;
Provides consulting services to the Company's management and staff; provides direction to the development of annual audit plan; and provides on-going training, coaching and supervision to internal audit staff.
Maintains organizational and professional ethical standards.
Works independently with extensive latitude for initiative and independent judgment.
II. KEY RESPONSIBILITIES
Set the strategic direction of the Internal Audit Department
Establish policies and procedures to guide the Internal Audit Department
Establish a risk-based audit plan consistent with the Company's goals/objectives and monitor progress against this plan
Report periodically to Senior Management and the Audit Committees of PMC and PPC regarding Internal Audit's purpose, authority, responsibility, and performance relative to its Annual Audit Plan in accordance with the Internal Audit Charter
Ensure that reports on internal auditing engagements are provided to the AC in a timely fashion;
Inform senior management without delay of any findings that indicate major concerns with respect to the management of programs or initiatives;
Take appropriate measures for the prevention of frauds and elimination of conditions inducing fraudulent actions.
Develop and maintain a system to monitor the disposition of results communicated to management
Develop and maintain a quality assurance and improvement program that covers all aspects of the Internal Audit activity
Provide oversight of staff including talent acquisition, retention, development, and performance evaluation
Ensure adequate department resources to execute the Internal Audit activities
Provide an annual report on the effectiveness and adequacy of risk management, control and governance processes of the Company
Comply with regulatory requirements on corporate governance etc.
Perform ad hoc tasks and related works assigned by the Audit Committee of the Board of Directors for both PMC and PPC and Senior Executives
III. DESIRED SKILLS AND EXPERIENCE
A. Education and Experiences
Education: Bachelor's Degree in Accountancy or Business
Administration, or Engineering
Experience:at least 10 years of managerial position handling either
internal auditing, accounting/budgeting
License/Certification: Certified Internal Auditor; Certified Public
Accountant and preferably with a Master in
Business Administration (MBA).