Job ID: 44730
Date Posted: Dec 20, 2019
Segment: Others (Including Headquarters and R&D )
Business Unit: Hitachi Regional Headquarters
Company Name: Hitachi Europe Ltd.
Profession (Job Category): Finance
Job Type (Experience Level): Experienced
Job Schedule: Full-time
Operating as part of the Finance & Accounting Team, the Senior Manager of Internal Audit will be responsible for leading a team of four individuals to deliver Internal Audit services to all Hitachi operating companies in Europe. This includes defining the service, setting Internal Audit policy for customers in Europe, and building up the customer base.
This is a senior position, carrying personal responsibility for the strategic development, management and delivery of compliance across the Hitachi Europe business and business partner organisations.
The role requires management of a professional audit team, development of the team and delivery of plans to ensure compliance and performance improvement to meet business and legal requirements
The Centre of Excellence will be a virtual community of Finance & Accounting technical experts. The Senior Manager of Internal Audit will be responsible for ensuring this team can act effectively as a body of expertise, even though team members may not be co-located.
This role will have a dotted reporting line to the global function.
Main Tasks and Responsibilities
The Senior Manager of Internal Audit will be accountable for the following:Internal Audit service design
Ensure strategies and plans are developed, approved and implemented in order to develop the service to meet the longer-term governance, compliance and business objectives of Hitachi Europe and business partners
Define the Internal Audit service to engage with senior Hitachi operating company’s stakeholders to ensure this service meets Hitachi operating company’s needs and priorities, within Hitachi’s frameworks. Work with direct reports to ensure they are fully able to deliver the agreed service.
Work with customer Hitachi operating companies (or manage direct reports to do the same) to develop policies and plans to ensure that the business is compliant with relevant internal and external rules and regulations and that financial risk is identified and managed within limits set by the board.
Develop and manage delivery of a plan of financial and risk management audits to ensure that business and process owners are effectively managing key risk exposures. Support business and process owners in the identification of business inefficiencies and related causes.
Provide advice and guidance to senior line management concerning financial, fraud and risk management issues, so as to improve their knowledge and understanding, and to increase the general awareness of financial control and risk management in the business.
Maintain a proficient technical knowledge of all relevant Internal Audit policies and processes, including incorporating external best practices into the service.
Share expertise and latest corporate and external thinking on good practice within the Internal Audit community, Finance & Accounting and Hitachi operating companies.
Working with the Contract Manager, define the appropriate pricing for Internal Audit services and manage third party providers as appropriate.
Work with the Contract Manager, Account Manager and Internal Audit team to execute change requests relating to the Internal Audit service
Propose and agree budgets and targets for the Internal Audit team and monitor performance such that budgets and targets are achieved
Engage with senior stakeholders in Hitachi operating companies’ and Hitachi Corporate, to ensure the Internal Audit service meets customer and corporate requirements.
Anticipate and respond to changes in customer needs that may impact the Internal Audit service.
Act as a champion for Finance & Accounting with all stakeholders.
Working closely with senior stakeholders in the Hitachi operating companies, identify opportunities for increasing the scope and quality of services delivered from F&A Onshore, and work with the F&A Onshore Management team to achieve this increased scope, to the extent which is practical and possible within the Hitachi organisation.
Provide leadership and day-to day management of Internal Audit, including ensuring that all team members function effectively in the virtual community as they may be located across different countries. Ensure that staff is effectively utilised, motivated and able to deliver their responsibilities efficiently and effectively.
Ensure that staff development plans are in place to maximise the contribution of each team member and such that standards of quality are achieved
Key Skills and Experience
Experience in audit planning and strategy, and in an advisory capacity
Team management experience, and ability to delegate work effectively and efficiently, providing guidance and advice
Proven track record of developing and maintaining key relationships with colleagues and customers
Proven track record of business development and embracing paper free audits and proactively promoting efficient software solutions
Strong Presentation and report writing skills
Comfortable in liaising with senior management
Flexible/ willing to travel
Team fit: proactive, positive, good communicator, supportive, team player, self-motivated
Experience in a Japanese business environment
Big 4 experience
Fluent in a European language in addition to English
Company Funded Benefits
Market competitive salary and discretionary bonus scheme
Generous holiday entitlement - with the option to buy up to an additional 8 days per year
A Holiday Banking scheme allowing you to bank untaken holiday to use another year
Group Personal Pension
Private Medical Insurance with self-funded option to cover family members
Employee Assistance Programme available to all employees
Personal Accident Insurance
Voluntary Benefits (funded by employee) including;
Cycle to Work scheme
Dental Insurance with option to include dependent children
Hitachi Europe Ltd is a social innovation company with headquarters based in Maidenhead, England. The company’s European operations employ over 550 people to deliver services and solutions to customers in several key business areas. The company's portfolio includes digital media products, industrial components and equipment, European procurement and sourcing, research and design, information systems.
HEU is also responsible for managing a Shared Services Group that provides the Company's business units with a range of innovative and effective common services that deliver value, create ‘lean’ processes and support growth and development - including HR, IT, Legal, Finance & Accounting, Corporate Communications & Sustainability, and Business Development.