Finance and Operations Audit Section Head

Overview

The individual will have a major role to play as part of Internal Audit to enhance and protect organizational value by providing risk-based and objective assurance, advice and insight to the Management, the Board and other relevant Stakeholders.

He/She will assist the Chief Audit Executive with the delivery of overall audit plan, reporting to audit committees and management including supervising and developing junior members of the team.

1. Audit Plan Delivery
   • a. Have a deeper understanding of the Company’s business, structure, control environment and processes in order to identify and keep up to date the Audit universe.
   • b. Perform risk assessment and identify key risks for covered entities considering relevant strategies, business environment and other relevant factors
   • c. Help develop the annual audit plan considering the key risks identified during the risk assessment, inputs from management, the Audit Committee and 2nd line function (Risk and Compliance).
   • d. Perform risk assessment and come-up with tailored and risk-based audit procedures to achieve audit objectives per engagement.
   • e. Manage over-all project portfolio to ensure completion and delivery of projects and tasks within the agreed timeline
   • f. Ensure that data analytics are embedded in the performance of audit procedures, as necessary
   • g. Help come-up with relevant data analytics routine as part of continuous auditing
   • h. Plan, lead and execute audits in accordance with agreed tailored procedures and audit methodology.
   • i. Review and coordinate the work of the team members and ensure that the working papers, draft audit reports and other deliverables meet the internal audit standards
   • j. Monitor and track progress of the engagements to ensure completion within the committed timeline.
2. Reporting and Issue Tracking
   • a. Review or prepare audit reports and lead discussion of issues and remedial action plans with the appropriate levels of management.
   • b. Facilitate issuance of audit reports to management
   • c. Follow-up outstanding audit issues and monitor timely completion of agreed remedial actions by management
   • d. Prepare audit committee reports and fulfill other reporting requirements.
   • e. Present audit result to senior management and/or audit committee
3. Stakeholder Management
   • a. Develop rapport with business unit management through regular communication of changes in business operations, emerging risks and potential issues, etc. through Continuous Business Review
   • b. Provide professional advice and insights to management to enable informed management decisions
   • c. Liase with the control community and other members of the company to contribute to the implementation of an effective and efficient system of internal control
   • d. Coordinate and monitor audits being performed other assurance providers, external auditors, and regulators.
4. Team and Personal Development
   • a. Assist in evaluating whether the team has adequate human resources, technical expertise and proficiency to cover the annual audit plan.
   • b. Assist the Chief Audit Executive in training, mentoring and evaluating staff and taking corrective actions to address performance issues.
   • c. Take the initiative in improving self through classroom and on-the-job trainings.
   • d. Proactively contribute to the development of the team through coaching, training and providing timely feedback to junior staff.
   • e. Cascade relevant learning or perform training to share knowledge with the team as part of continuous learning.
5. Other Responsibilities
   • a. Prepare and/or update relevant audit manual and audit templates to ensure compliance with International Standards for the Professional Practice of Internal Auditing (ISPPIA)
   • b. Take initiative of knowing and understanding relevant regulatory requirements that would impact the Company and consider in the conduct of the audits
   • c. Perform investigation of fraud and irregularities, as necessary
   • d. Perform special projects and advisory initiatives
   • e. Perform other responsibilities and duties periodically assigned by the Chief Audit Executive in order to meet operational and/or other requirements.

• Quality delivery of the assigned audit projects within the parameters set as defined in the audit methodology
• Issuance of audit reports and other commitments within the set timeline
• Delivery of quality investigations, advisory and special projects
• Fulfillment of the required Continuous Professional Development (CPD) hours
• Feedback from the auditee surveys and results of CIA quality assurance reviews
• Result of quality review of audit engagements and special projects
• Relationship with business unit management
• Development of self and team

• Education: Bachelor\'s Degree (Accountancy, Internal Auditing, Finance or equivalent)
• Qualification Requirements: The following are the qualification requirements for this role:
  • a. Minimum of 15 years of internal/external audit or relevant experience
  • b. With experience from top 4 auditing firms (EY, PwC, Deloitte, KPMG) is an advantage
  • c. With audit experience in a large organization or conglomerate, holding companies, real estate, manufacturing, logistics, energy, or mining industries
  • d. With supervisory or managerial working experience for at least 5 years
  • e. With a relevant professional certification such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA) or equivalent
  • f. Experience in applying data analytics in assessing business application control effectiveness
  • g. Knowledge of audit and data analytics tools is an advantage
  • h. Demonstrates good leadership and people management skills
  • i. Ability to work under pressure and meet milestones within time, cost and quality constraints
  • j. Strong analytical, written/verbal communication, presentation, interpersonal and relationship building skills
  • k. Solid problem-solving skills, ability to analyze complex data, identify core issues, investigate, evaluate and reach appropriate conclusions
  • l. Knowledge of Information Technology General Controls (ITGC) is an advantage
  • m. Ability to adapt to changes quickly and capable of multi-tasking
  • n. Good team player who is committed to achieving results