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Job Description
Duties and Responsibilities:
- Provide strategic thought-leadership and cultivate innovation amongst the internal audit team.
- Develop and maintain continuous, effective, and strong relationships and communications with top management to ensure concerns are addressed and expectations met.
- Orchestrate systemic change, initiate, and support positive change within the organization, taking steps to remove barriers or to accelerate its pace.
- Stay sufficiently close to the business and connected with line management in order to keep a strong business understanding, and develop a position of influence without impairment of independence.
- Provide consultation in the development of strategies to improve the financial and operational performance of the business, act as an early warning system for business risks, and support business ethics and integrity initiatives.
- Actively participate in executive management meetings to ensure internal audit remains informed of key business developments that could have an impact on audit priorities and/or plans.
- Establish a program for selecting and developing the human resources of the internal audit department.
- Train and motivate internal audit staff by providing adequate theoretical & practical training.
- Attract, develop and retain a high performing workforce.
- Manage to establish comprehensive audit plans covering all the activities through prioritizing the audit assignments based on a risk assessment, allocate audit resources, assign personnel, and schedule of follow-up activities, in an effective and efficient manner.
- Develop and direct comprehensive program of audit assignments covering internal controls, risk management process, corporate governance, regulatory compliance, operation, administration and financial systems, and investigation of sensitive and fraud-related issues in coordination with legal counsel.
- Approve audit programs, review working papers, and review & approve all issued internal audit reports to make sure that they increase efficiency and/or effectiveness of the control systems of functions reviewed.
- Oversee, review, and approve the reports issued to the line management which address key business risks and control issues within the Company and assure line management accountability on audit risk mitigation strategies.
- Discuss key issues with line management, provide feedback to the audit team and suggest ways to improve the quality of services.
- Provide top management with a summary of audit results on a regular basis.
- Liaise with external auditors to coordinate and discuss related audit matters, and ensure the effectiveness of service delivery and appropriate resolution of pending findings/issues.
Job Requirements
Competencies, Skills, Qualifications, and Experiences:
- Bachelor degree in Accounting, Finance, or related field;
- 15+ years of internal audit experience or related field. Preferably, worked with one of the big four audit firms;
- Professional audit relevant certification (Certified Internal Auditor “CIA” or Certified Public Accountant “CPA”);
- Advanced knowledge of internal audit methodologies and standards;
- Excellent understanding of governance, risk management, and internal control concepts and experience in evaluating and determining the adequacy of controls by considering business and technology risks in an integrated manner;
- Strong business acumen and service orientation;
- Proven ability to thrive in a results-driven, fast-pace work environment;
- Skillful negotiator in tough situations, sell ideas persuasively, settle differences and win concessions without damaging relationships; can be both direct and forceful while remaining diplomatic;
- A constructive approach to dealing with conflict; strong mediation skills;
- Demonstrated success leading senior professionals and developing a strong organization and workforce in a complex, service-intensive, deadline-driven environment;
- Superior problem-solving skills with the ability to think strategically and innovatively;
- Ability to evaluate, interpret, and formulate strategies to effectively coordinate audit function with various departments within the organization;
