Job Purpose : Responsible to assist the Assistant Manager and Head, Internal Audit and Risk Management (IARM) to:

• Provide independent, risk-based and objective assurance and help improve the effectiveness of risk management, internal controls and governance processes.
• Timely execute risk-based internal audits in accordance with the approved Internal Audit Plan, as well as contribute to advisory engagements, identify and spearhead other ad-hoc audit matters and projects
• Provide advisory activities to operational management to improve and add value to existing risk management, governance and internal controls.
  
  

Responsibilities:

1.Audit Planning and Execution

• Assist in developing the annual risk-based audit plan in alignment with organizational goals and key risk areas.
• Plan, execute, and complete audit assignments, including financial, operational, and IT audits, ensuring alignment with the audit methodology and standards.
• Identify risks, control gaps and improvement opportunities in audited processes and systems.
• Prepare comprehensive and well-documented audit workpapers to support findings and conclusions.

2.Risk Management and Control Assessment

In performing the audit activities, within the scopes of the audit:

• Evaluate the adequacy and effectiveness of internal controls, governance processes, and risk management frameworks.
• Perform risk assessments and recommend improvements to mitigate identified risks.
• Assess compliance with applicable laws, regulations, and internal policies.

3.Reporting and Communication

• Draft clear and concise audit reports highlighting key findings, implications, root causes and actionable recommendations for improvement.
• Present findings and recommendations to auditees and Management, ensuring alignment with organizational objectives.
• Track and follow up on Management’s action plans to address audit findings, ensuring timely resolution through close monitoring and collaboration with the business operations.

4.Special Projects and Investigations

• Participate in ad-hoc investigations, special / compliance reviews, fraud or integrity related exercises as assigned by the Head of [ARM, Management or Board.
• Support Management and the Audit & Risk Committee (ARC) on emerging risks, critical projects, or other strategic initiatives.
  
  

5.Policy and Procedure Review

• Collaborate with relevant stakeholders and assist in assessing the adequacy, relevance, and effectiveness of existing policies and procedures.
• Identifies control weaknesses an recommends enhancement to strengthen control environment gaps, inconsistencies, and areas for improvement.
• Ensures that policies and procedures are practical, risk-based, and support efficient operations.

6.Maintenance of Internal Audit and Risk Management Database

• Develop and maintains an updated database consists of internal audit and risk management information to support effective audit and risk reporting.
• Data analysis and insights to identify trends, pattern and anomalies.
• Extracts meaningful insights to support strategic decision-making and risk mitigation.

7.Process Improvement

• Proactively identify opportunities to improve internal audit processes, methodologies, and tools.
• Provide value-added recommendations to enhance the efficiency and effectiveness of organizational processes and systems.

8.Stakeholder Engagement

• Maintain effective relationships with internal stakeholders to foster a culture of accountability and transparency.
• Serve as a trusted advisor to business units on internal control, governance, and risk management matters.

9.Others

• Assist in the preparation of data collections / analysis, reports, presentations and documentations as required for quarterly update and presentation to the ARC
• Assist in other assignment as directed by the Assistant Manager and/or Head of IARM.

10. Compliance with Internal Audit Standards

• Ensure all audits are conducted in compliance with the latest internal audit standards, guidelines, and best practices.
• Stay updated with changes in regulatory requirements, industry trends and best practices to enhance audit effectiveness.

11. Professional Development

• Continuously improve technical skills, industry knowledge and auditing proficiency through training and certifications.
• Mentor and guide other members of auditors or interns in performing audit tasks and building professional skills.

Job Specifications

Qualification

• Master / Degree in Accounting / Finance / Business or other business-related fields.
• Professional qualification will be an advantage (CPA/CA/ACCA/CIA).
• At least 3 years of working experience in internal / external audit, finance, IT, risk management, compliance and/or other equivalent experiences.

Knowledge

• Knowledge on audit methodologies and frameworks, including risk-based auditing; internal control frameworks, governance principles and operating activities.
• Knowledge on internal policy/procedures and related regulatory requirements.
• Awareness of and interpretation of relevant new, changed and existing legislation and regulation.

Skills

• Ability to work collaboratively with team members across multiple divisions and other stakeholders.
• Strong command of verbal and written English (report writing).
• Strong analytical, interpretation, organizational and problem-solving skills.
• Independent, resourceful, good interpersonal and presentation skills.
• Proactive, fast learner, innovative and good adaptabilities.
• Good in MS Office applications i.e. MS Word, Excel, PowerPoint.
• Able to work with minimum supervision and meeting set deadlines.
• Demonstrates high level of integrity and positive working attitude.