Internal Audit Manager

Great People Work Here Twinings Ovaltine is a global business that is part of the ABF group. Twinings has been blending tea since it was founded in 1706, and its premium teas and infusions are now sold in more than 120 countries. Ovaltine malted beverages and snacks are consumed throughout the day in countries across the globe. The business is made up of 11 key business units with turnover of circa £1bn. We are looking for an International Audit & Compliance Manager who is dynamic and able to work with management to evaluate and help to improve the business’ risk management, governance and internal control systems. This role provides excellent exposure and development opportunities to enable a variety of future opportunities within the UK or internationally. Key Responsibilities The primary purpose of the role is to provide independent and objective assurance to help the Twinings Ovaltine business units to manage their key risks and improve the performance of their business, and to be an objective source of independent advice to Senior Management. By working as part of a team, this is achieved through the evaluation of management processes and internal control systems and the provision of ad hoc support to business management. The role will lead the delivery of risk-based internal audit reviews, perform risk assessments, investigations, and control-related assignments that support the operation of robust controls and processes in Twinings Ovaltine. This will include agreeing objective, value-added actions that will improve internal controls and governance processes, technological capabilities and operational efficiency. The role will be responsible for overseeing the internal audit, internal control and risk management framework across the TwO international beverages business, acting as the primary interface between the business, ABF Internal Audit and key assurance stakeholders. A key responsibility will be ensuring that audit outcomes lead to sustainable control improvements, robust governance, and effective risk mitigations across all markets. Internal Audit (70%) Planning Working with the Internal Audit Senior Manager, you will lead the scoping process for individual internal audits, conduct relevant risk assessments and prepare audit planning documents. You’ll be expected to lead and effectively contribute to audit planning meetings and to work with business unit management to coordinate logistics for internal audit fieldwork. You’ll develop work programmes with the aim of providing assurance over the risks identified in the agreed terms of reference. Working with the Internal Audit Senior Manager and the wider Internal Audit team, you’ll be expected to proactively manage your workload and deliver improvements in how the team operates. Conducting audits You’ll perform risk-based audits and reviews as part of the internal audit plan that is agreed with the Internal Audit Senior Manager, the Twinings Ovaltine CFO, and ABF Director of Financial Control. This will include the coordination and delivery of both planned and surprise audits and special investigations at the direction of the Twinings Ovaltine Internal Audit Senior Manager. You’ll assess the adequacy and effectiveness of policies, procedures and controls to provide assurance over how key control risks are managed by the businesses. You’ll discuss issues as they arise with business unit management and the Internal Audit Senior Manager and ensure that all audit findings are supported by appropriate evidence. You’ll identify opportunities for businesses to enhance their existing activities with best practice. You’ll complete your audit working papers in accordance with ABF methodologies and you’ll address all review points in your working papers and reflect these in the final deliverables. Reporting You’ll produce audit close out documentation in advance of the close out meeting You’ll present audit findings and agree actions to address audit findings with business management. You’ll prepare and issue audit reports that are clear, concise and provide value to management on a timely basis with action plans agreed with by the business Monitoring You’ll liaise with business management to monitor and challenge how action plans are being implemented to ensure that these are implemented in a timely manner to manage the risk exposure. You’ll also track how external audit management letter points are resolved. Other As part of the wider global ABF internal audit team, you’ll build relationships with internal audit colleagues and support and participate in Group initiatives and projects as required. Working with the Director of Internal Audit and using your knowledge and experience, you’ll be expected to contribute to the annual audit planning process for the division. You’ll adhere to the Group’s risk management policies and promote good governance in your dealings with colleagues. You’ll be empowered to develop your career within ABF and build a strong network with colleagues across the Group. With the support of the Internal Audit Senior Manager, you’ll be responsible for developing your technical and personal skills and attend relevant training courses. Compliance (30%) Audit Challenge the business on findings and root causes to ensure agreed actions are sufficient, sustainable and risk‑focused. Maintain central oversight of all audit findings, management actions and remediation status across the Group, identifying thematic or systemic issues. Provide regular insight and escalation to the CFO and senior finance leadership on audit outcomes, trends and residual risk. Act as principal point of contact for external auditors, including coordination of fees and audit timetable. Internal Controls Management Manage internal self-certification processes (Turnbull, FCFQ). Tracking of completion of mandatory training across the Twinings Ovaltine group. Ensure audit and control insights inform forward-looking risk assessment and mitigation. Anti-Bribery and Corruption Ensure ABC policies are communicated and understood. Support investigation of whistleblowing claims. Performance of Anti-Bribery and Corruption checks Skills, Knowledge and Expertise Experience leading or managing audits in a complex, multi-entity organisation (ideally FMCG) Strong ability to challenge, influence and drive remediation with senior stakeholders. Sound understanding of internal control frameworks and risk management. Self-motivated, proactive and strong attention to detail Integrity Degree in a relevant field with Qualified chartered accountant status (or equivalent finance qualification) Advanced Word, Excel, PowerPoint Benefits Yearly bonus based on personal contribution and financial performance Flexible working options 25 days holiday plus 8 bank holidays and the option to buy and sell holidays Onsite Gym and Wellbeing Centre Perkbox – employee discount scheme with discounts online, in high street stores, cinema, holidays, restaurants and many more Pension scheme with your contributions matched for up to 10% of your salary Cycle to work scheme SimplyHealth Cash plan Onsite Staff shop and online staff discounts Bupa Private Medical Insurance Competitive Car Allowance Electric Car Scheme Access to LinkedIn Learning Access to ABF Networking, connect, collaborate, and grow across the ABF Group.