Head of Audit – Corporate & Coordination
ScottishPower HQ, Glasgow
Salary up to £95,000 + excellent benefits
Permanent, full time position
Closing date: 4th of August
As Head of Audit, you will improve governance, risk management and control environment across corporate functions, company-wide frameworks and delivery of related objectives in Scottish Power by providing risk based and objective independent assurance and advice to senior management. Ensure effective coordination mechanisms operate, coordinate internal audit reporting and monitor compliance with quality requirements. You will also play a key role in developing data analytics in Internal Audit.
What you’ll be doing
- Lead production of Corporate & SP wide reports and deliverables for SP/Iberdrola governance bodies to support the Iberdrola Groups’ commitment to best practice corporate governance. This includes emergent areas such as Non-Financial Information and Environmental, Social & Governance (ESG). Ensure compliance with quality and coordination requirements as set out in the Iberdrola Basic Internal Audit Regulations and the International Standards for the Professional Practice of Internal Auditing from the Chartered Institute of Internal Auditors.
- Influences Scottish Power management groups to improve governance, risk management and internal control processes. This includes through attendance at Scottish Power internal control related committees, groups to monitor/ influence the implementation of control mechanisms and systems.
- Ensure that Scottish Power, and where required Iberdrola Senior Management, understand the conclusions of and take action to address the recommendations made in Internal Audit reports. Where action is not taken ensure that this is escalated to the relevant Directors, Audit Committees, and the Scottish Power Director of Internal Audit.
- Own the development & delivery of the annual audit plan for Corporate & SP wide audits to ensure it provides assurance over the key risks, governance and internal control systems and delivers global Iberdrola and wider ScottishPower requirements. The plan should cover assurance over the effective operation over the areas set out in the Iberdrola Basic Internal Audit Regulations: The comprehensive risk control and management system, Internal Control over Financial Reporting (ICFR) System, the Internal Control over Non Financial Reporting (ICNFR) System, the framework for the control and management of the Group’s cybersecurity risks, the framework for the governance and management of the processes and actions relating to information technology (IT), mechanisms for implementing the sustainable development policies, investment and divestment processes and the Group’s Compliance System.
- Communicate the results of audit work to all relevant stakeholders including Corporate Management, SP Director/HoIA,Iberdrola chief audit executive.
- Attract, retain, develop and supervise a proficient Internal Audit Team.
- Own SP Corporate audit innovation plan which includes developing the audit methodology/approach to maximise efficiency and coverage, and adoption of best practices, use of data and innovation. This includes ensuring a client focus, working with agility, working in an aligned way with other assurance providers within Scottish Power and driving the use of automated audit techniques and data analytics.
- Enable Business Heads of Audit to design and perform Data Analytic audit procedures.
- Owns coordination and consolidationof: SP Internal Audit reportingover management actions and quality; reporting to governance bodies; and coordination of the overall SP audit innovation plan.
What you’ll bring
- Extensive experience of risk based Internal Auditing in a large company, including expert knowledge of International Standards for the Professional Practice of Internal Audit.
- Appropriate experience in a management/leadership role.
- Educated to degree level.
- Expert understanding of risk management internal control and governance.
- Ability to manage and wide and diverse number of senior stakeholders.
- Strong Commercial awareness and understanding of the ScottishPower business within the context of the wider Iberdrola group, including the main risks faced, key projects, etc including Cyber and IT risks
- Highly developed communications and influencing skills, including the ability to challenge senior management.
- High degree of professional integrity
- Internal Audit qualification is desirable
- Understanding of IT and Data Analytics is desirable
- While an Accounting Qualification is not essential, it is highly desirable
Minimum Criteria
- Educated to degree level
- Experience in management/leadership role
- Extensive experience of risk based Internal Auditing in a large company
Due to the level of this position, successful candidates will be required to complete additional background checks and any offer is subject to passing such checks.
Mobility
Please note that any applicant who is not a of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country. If/when required, the Company will support the employee with the necessary Immigration requirements.
IMPORTANT
Advert will close at 23:59 GMT the day before Job Posting End Date below
August-4-2025