Head of Internal Audit and Risk

About the role

Jersey Electricity is recruiting a Head of Internal Audit and Risk to oversee the Group's audit and risk management functions, providing independent assurance and oversight of risk across the organisation. The postholder leads the internal audit team and co-source arrangements, delivers the approved Internal Audit Plan, supports the Audit and Risk Committee and owns the Group's Risk Management Framework.

Key responsibilities

• Lead the internal audit function, own the Internal Audit Plan and act as escalation point for significant audit issues
• Manage the Internal Audit methodology and Charter, aligned with the Global Internal Audit Standards (2024)
• Report regularly to the Finance Director and the Audit and Risk Committee, and meet privately with the Committee Chair each cycle
• Contribute to the Board's Provision 29 declaration, including material controls testing
• Lead the Risk Management function, develop an enterprise risk framework (COSO ERM, Three Lines Model) and run the annual Board Risk Session
• Own risk documentation, integrate risk insights into audit planning and cover assurance planning for sustainability and ESG disclosures
• Lead and mentor the Internal Control and Risk Oversight teams, and manage relationships with co-source providers
• Propose the annual budget and approve co-source arrangements, expenses and invoices within delegated authority
• Oversee the whistleblowing framework and promote a speak-up culture

Required profile

• Substantial senior leadership experience in internal audit, risk management or controls, including leading a multidisciplinary team
• Demonstrable experience leading an internal audit function and managing co-source or outsourced providers
• Typically 10+ years' experience, including several years at senior leadership level; significant experience in a listed or regulated environment
• Preferred: professional qualification such as CIA, and qualified accountant status such as ACA, ACCA or CITA

Required skills

• Strong understanding of the 2024 Global Internal Audit Standards and risk-based audit methodology
• Risk frameworks such as COSO ERM, ISO 31000 and the Three Lines Model
• Knowledge of the UK Corporate Governance Code (Provision 29), IT general controls, ERP and core finance systems, and fraud controls
• Preferred: IT audit, data analytics tools (ACL, IDEA, Power BI) and training delivery

What we offer

• Private medical insurance, discounted electricity rates and Powerhouse shop discounts
• Electric vehicle subsidies, gym memberships and on-site Mental Health First Aiders
• Competitive salary, pension scheme and family-friendly approach