Easter Seals Jobs

Head of Internal Audit Openreach

Job Req ID: 35694

Posting Date: 9 Jul 2024

Function: Legal and Governance

Unit: Openreach

Location:

Gracechurch St (4964), London, United Kingdom

Salary: Competitive Salary & Great Benefits

Why Join the Board Assurance, Governance, Commitments and Safety Team?

Ofcom’s strategic review requires Openreach to function as an independent business within the BT Group, while complying with Company Law, shareholder expectations, and various regulatory requirements. The Board Assurance, Governance, Commitments & Safety team ensures that Openreach operates responsibly, safely, and in accordance with all governance standards, providing assurance to all stakeholders.

Why this job matters

As the Senior Manager of Openreach’s Internal Audit team, you will provide independent and objective assurance and advice to the Openreach Board Audit Risk and Compliance Committee (OBARCC) and the Openreach Board. Your role will be pivotal in identifying insights and opportunities for value addition, managing the Commitments Monitoring Office, and ensuring compliance with regulatory commitments. This position is crucial in maintaining Openreach’s reputation as a fair and trustworthy organisation, while driving substantial business improvements through a deep understanding of the business and strategic advice.

What you’ll be doing

• Provide independent and objective assurance and advice to the Openreach Board Audit Risk and Commitments Compliance Committee (OBARCC) and the Openreach Board.

• Develop and deliver both the strategy and the annual programme for the Openreach Audit team, influencing and advising on the strategy for risk, control, and assurance across the business.

• Network with and communicate to the Openreach Board, OBARCC, Executive Team, and Senior Management Team stakeholders to influence risk and assurance strategies, audit programmes, findings, and recommendations.

• Maintain the highest professional standards, adopting best practices and continuous improvements while coordinating with BT Group Internal Audit.

• Provide insights and add value through an understanding of the Openreach business and its risks.

• Focus on assurance over ‘the Commitments’ and associated reporting responsibility to Ofcom and the industry.

Skills required for the Job

• Expert in audit, risk management, and assurance.

• Excellent written and presentation skills for clear communication of reports and findings.

• Strong relationship management skills to influence at Board and senior executive levels.

• Ability to rapidly learn and understand all aspects of Openreach’s business operations.

• Programme management skills to develop, agree, and execute annual audit programmes.

• Knowledgeable in regulatory compliance programme design and application.

• Team management skills to effectively lead the audit team.

Experience you would be expected to have

• Fully professionally qualified (MIIA or Accountancy).

• Highly credible expert in internal audit with proven experience.

• Extensive experience dealing with sensitive matters at the Chairman, CEO, and Executive levels.

• Extensive experience supporting and reporting to Board/risk & audit committee levels.

• Experience running an internal audit team and auditing at the Board level in a complex organisation.

Key decisions

• Selection and prioritisation of audits for the annual programme.

• Formulation of opinions, findings, and recommendations for each audit.

What's in it for you? What are the benefits?

• Cash/Car Allowance : £5,500.

• Performance Bonus : 15% "on-target" bonus (prorated).

• Pension Scheme : Automatic enrolment in our BTRSS pension scheme. Contribute a minimum of 5% of your pensionable salary each month, and we'll contribute 10%.

• Life Assurance

• Annual Leave : 25 days of annual leave plus bank holidays, with additional days awarded for length of service.

• Charity Donation Matching : If you donate to a charity through your salary, we'll match your donation.

• Discounts and Offers : Access to hundreds of instant discounts for restaurants, shops, and cinemas, including savings on your weekly shop and discounts on gift/shopping vouchers.

• Financial Wellness Support : Access to savings and loans deducted directly from your salary.

• Exclusive Tech Deals : Special rates on the latest tech at the BT shop.

• Bill Savings : Discounts on broadband for you, as well as mobile discounts for you, your friends, and your family.

• Wellness Support : Comprehensive support for your financial, health, and physical wellness.

About Openreach

We employ more than 35,091 people who install, support and maintain the wiring, fibres and connections which link tens of millions of homes and businesses in the UK to our customers’ networks. Openreach Limited is a wholly owned subsidiary of BT Group. We look after the copper wires and fibre cables that connect homes and businesses to phones and broadband. Our customers are the 650+ communications providers who sell phone and broadband services to these households and businesses.

A FEW POINTS TO NOTE:

Although these roles are listed as full-time, if you’re a job share partnership, work reduced hours, or any other way of working flexibly, please still get in touch.

DON'T MEET EVERY SINGLE REQUIREMENT?

Studies have shown that women and people who are disabled, LGBTQ+, neurodiverse or from ethnic minority backgrounds are less likely to apply for jobs unless they meet every single qualification and criteria. We're committed to building a diverse, inclusive, and authentic workplace where everyone can be their best, so if you're excited about this role but your past experience doesn't align perfectly with every requirement on the Job Description, please apply anyway - you may just be the right candidate for this or other roles in our wider team.