Senior Executive Internal Audit

• Assist the Assistant Manager / Manager of Internal Audit in carrying out the daily operations of the Internal Audit Department in various aspects, including but not limited to, the execution of audit activities, leading audit assignments, monitoring team members in executing audit assignments, and preparing the first draft internal audit report for the first level review by the Assistant Manager / Manager of Internal Audit.
• Assist the Assistant Manager / Manager of Internal Audit in guiding team members during the execution of audit activities, including but not limited to, carrying audit-related testing and review during the fieldwork, monitoring of work progress during the fieldwork, ensuring fieldwork is carried out according to the agreed scope and timeline, and confirming audit issues, including their facts, with the auditee prior to the preparation of the first draft of an internal audit report.

Job Description:

1. Planning:

• Assist the Assistant Manager / Manager of Internal Audit in giving input and liaise with the Risk Management Department to gauge the state of the Company’s risk exposure in developing the annual internal audit plan.
• Prepare the draft audit planning memorandum prior to the execution of an audit assignment by identifying audit objectives, scope, period of review, and manpower planning for audit assignments and ensuring audit assignments are in accordance with the approved annual internal audit plan.
• Submit the draft audit planning memorandum to the Assistant Manager / Manager of Internal Audit for the first level review.

2. Audit fieldwork:

• Lead the team during an audit fieldwork;
• Allocate and distribute the area of audit review according to the agreed scope of the audit to team members accordingly;
• Ensure the audit fieldwork is concluded within the stipulated time frame;
• Review and carry out tests based on reviewed programs to assess the effectiveness of the auditee’s internal control systems;
• Establish facts and carry out adequate testing on source documents and procedures by referring to all relevant standards, policies, procedures, instructions, and other guidelines that are relevant to the review;
• Identify causes of lapses and weaknesses in business processes by investigating and analyzing possible solutions or avenues for improvement;
• Review and compile the outcome of auditing in the area(s) assigned to team members; and
• Provide guidance and propose solutions to team members in the event of any roadblock, drawback, or unexpected issue encountered during the audit fieldwork, or refer to the Assistant Manager / Manager of Internal Audit for additional guidance.

3. Reporting:

• Review and compile detailed and proper working papers that provide evidence of audit work done and highlight exceptions/issues;
• Review write-ups from team members and compile them in the form of a first draft internal audit report and ensure that issues and findings are effectively communicated and concluded according to the standards;
• Submit the first draft audit report to the Assistant Manager / Manager of Internal Audit for his / her review and make the necessary amendments to reflect the review; and
• Ensure management comments are obtained accordingly and incorporate into the draft internal audit report before finalization of the report.

4. Audit follow up:

• Monitor and ensure the implementation of the action plan as per the management comment in a timely manner through quarterly follow-up and obtain the current status of the implementation;
• Carry out testing, review, and obtain relevant evidence to ensure the implementation of the action plan as per the management comment in a timely manner; and
• Compile and report any unresolved audit issue to the Assistant Manager / Manager of Internal Audit for his / her review and further action.

5. Administration:

• Discuss and deliberate with team member to assist the Assistant Manager / Manager of Internal Audit on the preparation of an annual department budget.

6. Carry out any other task as instructed by the Assistant Manager / Manager of Internal Audit.

Qualification & Requirements:

• Bachelor's degree in Accounting, Finance, Business Administration, or any related field.
• Must be a member of The Institute of Internal Auditors Malaysia.
• Certified Internal Auditor (CIA) is highly preferred.
• At least 3 years of experience in internal auditing, external auditing, accounting, finance or other related fields, preferably with 2 years of experience as a team leader in the internal audit field.

Skills and competencies:

• Extensive understanding of internal audit standards, risk management, and internal controls.
• Proficiency in relevant software.
• Strong analytical and problem-solving skills to identify and assess risks and controls.
• Possesses adequate written and oral skills for drafting reports and presenting findings.
• Ability to sufficiently communicate with various levels of management and stakeholders.
• Ability to lead team member during an audit field work.
• Adequate organisational and time management skills to ensure an audit field work is executed in a timely manner.
• High level of attention to detail to ensure accuracy and completeness in the execution of audit field work and preparation of the draft internal audit report.
• Strong sense of ethics and integrity to uphold the principles of the auditing profession.

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