Stuart Greenough Email and Phone Number

Responsible for developing a draft programme of Corporate Audit projects to be executed by the Corporate Auditors, taking into account the risk profile within the Group. The draft plan is reviewed by the Head of Group Internal Audit prior to being proposed to the Plc Audit Committee.Timely delivery of Group wide corporate risk based audit reviews. Corporate Audit reviews included – Purchase Ledger, Sales Ledger, Credit Control, Supplier Purchase Rebates, Customer Rebates, Supplier Claimback Support, Balance Sheet Reconciliations, Property, Plant and Equipment (PPE) Accounting, Stock Valuation and Provisioning, Transport, Payroll, Supply Chain Forecasting and Ordering. Agree Audit Scopes, Terms of Reference and undertake reviews of each project at varying points, and to “sign off” the work prior to publication to the Plc Board, Audit Committee and other stakeholders.Undertake an annual Group review of the effectiveness of Internal Financial Controls and provides assurance over the design, completeness and adequacy of the control environment.Conduct closing audit meetings with Group stakeholders. Lead, develop, and take overall responsibility for a team of 6 Corporate Auditors in the planning, execution, and standard of corporate audit projects; and to ensure that the delivery targets set within the agreed annual Corporate Audit Plan are achieved.

Set the strategic direction for Internal Audit and managed the relationship with key business stakeholders.Provided leadership in the formulation of the annual audit plan to review Group risk, ensuring the needs of the Audit Committee and PLC Board were fully achieved.Managed and delivered the annual audit plan, which provided assurance over both branch risk (operational processes - Goods Inwards/Receipting, Despatching, Invoicing, Stock Management, Cash Controls, Margin Management and Health & Safety) and strategic Group Corporate / Financial risk (e.g. Purchase Ledger, Sales Ledger, Credit Control, Supplier Purchase Rebates, Customer Rebates, Balance Sheet Reconciliations).Undertook post acquisition reviews of risks and controls within acquired businesses, assessed the adequacy of the risk management process and provided recommendations to improve both the risk management process and the effectiveness of the internal control environment. Ensured the Plc Board and Audit Committee was fully appraised through the delivery of quarterly assurance reports over the risk management and control framework which operated within the Group.Managed and developed a team of 9 Internal Auditors in the timely planning, performance, review and reporting of financial, operational and compliance risk, including fraud investigations.

Completed and led risk based audit reviews across the retail branch network and specific central office sites (operational, financial and compliance), also included internal and external fraud investigations.Coached and developed junior team members.