Head of Internal Audit

Location: Derbyshire, North West

Organisation: Finance

Department: Finance

Required Security Clearance: SC

Head of Internal Audit – Manchester or Derby

Rolls-Royce SMR are looking to appoint a Head of Internal Audit. This is a newly created role which will work with the Director of Internal Audit to build and develop an Audit team.

SMR Headline Info

Rolls-Royce SMR was established with one clear goal - to deliver clean, affordable energy for all.

Rolls-Royce SMR offers a radically different approach to delivering nuclear power, we have drastically reduced the amount of construction activities and transformed the delivery environment, from a large complex infrastructure programme into a factory built commoditised product.

Rolls-Royce SMR uses established nuclear technology and know-how to offer a low cost, deliverable, global, scalable, and investable solution, that can be rolled out around the world.

About the position

The Head of Internal Audit (HIA) will provide leadership for a small team of audit staff and will be responsible for the day-to-day development and execution of the Internal Audit Plan for RR SMR. The HIA will support the Director of Internal Audit (DIA) to provide a high-quality internal audit service to successfully deliver a fleet of SMR’s, both in the UK and globally, from design through to manufacture and assembly.  The HIA will build the capability of the internal audit function to deliver a strong, value-added service, with a focus on strategic risks and opportunities facing the Company.

Internal Audit plays a key role in supporting management to establish an efficient and effective organisation with robust governance arrangements and a proportionate control environment.  The HIA will need to demonstrate resilience and tact in the face of challenge from senior staff, including negotiation to overcome such situations.

Key Responsibilities

  • Engage effectively with senior stakeholders to support the identification and management of key risks and to promote effective governance, risk management, control and assurance arrangements.
  • Deliver the Audit Plans in line with quality, time and budget requirements to support robust assurance opinions and other agreed stakeholder requirements. This will involve leading a small team of auditors and working with our co-source audit partner.
  • Lead and/or deliver high risk or complex audit assignments.
  • Deliver robust, evidence-based, independent assurance opinions to management and the Audit & Risk Committee in accordance with the agreed timetables. Lead continuous improvement activities to improve audit practices, products, and customer service.
  • Ensure the team are compliant with professional standards and our audit methodology.
  • Lead people to manage, recognise and reward good performance; promote personal and professional development; nurture and manage talent. Act promptly on feedback and issues.
  • Promote equality and diversity.
  • Having the ability to influence a diverse senior stakeholder community to develop effective governance, risk management and internal control arrangements.
  • Demonstrate resilience and tact in the face of challenge from senior staff, including negotiation to overcome such situations.

Also, if you are considering a career move or a sector-jump, please get in touch, we welcome applications from people with transferable skills.

Pay and Benefits

A highly competitive salary is on offer along with a performance related bonus. Salary is up to £90,000 + a cash allowance
A range of flexible benefits are available to choose from, enabling you to create a bespoke package to suit your needs.
Travel: The primary locations for this role would be Manchester or Derby. Flexible / hybrid working are available.
Working hours are 37.5 hrs per week with some additional hours as and when required.

Who we are

Rolls-Royce SMR’s small modular reactor (SMR) programme is the first of its kind in the UK,

with the opportunity to develop a factory-built nuclear power plant that is deliverable and scalable at a global level.

A Rolls-Royce SMR power station will have the capacity to generate 470mw of low carbon energy, equivalent to more than 150 onshore wind turbines. It will provide consistent baseload generation for at least 60 years, helping to support the roll-out of renewable generation.

In addition to stable base load power, Rolls-Royce SMRs will be able to provide energy for the Net Zero manufacture of green hydrogen and synthetic fuels, to support the path to Net Zero and the decarbonisation of transport.

When fully operational the Rolls-Royce SMR programme is forecast to create 40,000 regional UK jobs by 2050 and generate £52bn in economic benefit.  

Having begun the design assessment process with the UK regulators, the organisation is at a point where it needs to significantly increase its workforce, offering candidates the opportunity to work with cutting edge technology within a world-class team.

How to apply

Rolls-Royce SMR is an equal opportunities employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Come join us and help us build a global company where we're all proud to belong. Confidence can sometimes hold us back from applying for a job. But we'll let you in on a secret: there's no such thing as a 'perfect' candidate.

Rolls-Royce SMR is a place where everyone can grow, so whatever background you bring with you, please apply if this is a role that would make you excited to come into work every day

If you are not yet ready to apply, but would like to find out more, please contact Craig Saxby at Morson – craig.saxby@morson.com to arrange a confidential conversation with a recruitment partner.