SENIOR INTERNAL AUDITOR

The Senior Internal Auditor must be capable of managing internal audit projects throughout the Group, inclusive of overseas Companies, and ensuring completion within deadlines.

JOB SUMMARY

The senior internal auditor is responsible for assessing the organization's operations to identify risks and areas for improvement. They conduct audits to evaluate the effectiveness of internal controls, compliance with regulations and policies, and the efficiency of operations. Internal auditors provide recommendations for enhancing processes and reducing risks. Senior Internal auditors are also expected to manage internal audit projects throughout the Group, inclusive of overseas Companies, and ensuring completion within deadlines.

KEY FUNCTIONS

• Provide input in the development of the overall Audit Plan based on risks assessment, regulatory requirements, and management priorities. Determine audit objectives, scope, and methodology.
• Identify and assess risks within the organization, including operational, financial, compliance, and strategic risks. Evaluate the adequacy of existing controls to mitigate these risks.
• Conduct audits according to the established plan and methodology. Collect and analyse data, document processes, and test controls to determine compliance and effectiveness.
• Evaluate the design and implementation of internal controls to ensure they mitigate risks effectively and comply with relevant regulations and standards.
• Review adherence to company policies, procedures, laws, and regulations. Assess compliance with industry standards and best practices.
• Prepare clear, concise, and insightful audit reports summarizing findings, conclusions, and recommendations. Communicate audit results to management and stakeholders.
• Monitor the implementation of audit recommendations and track progress towards addressing identified issues. Provide support and guidance to management in resolving deficiencies.
• Stay informed about industry trends, regulatory changes, and emerging risks. Continuously assess and enhance audit methodologies and processes.

• Plan and execute fieldwork that involves activities such as preparing detailed scope of works in line with internal audit plan. 

• Prepare and document system notes, process flows etc.
• Prepare audit programs ensuring audit objectives and steps address key risks identified. 
• Supervise and provide guidance to junior staff.
• To attend stock counts.
• Undertake special assignments and perform other related duties as assigned.

QUALIFICATIONS & EXPERIENCE

• ACCA Professional Qualification or CIA Designation.
• Minimum of 4 years’ internal audit experience at a senior level.
• Typically, 2-5 years of experience in internal auditing, accounting, or related field. Experience with risk assessment, control evaluation, and audit methodologies is preferred.

 COMPETENCIES

• Ability to work independently, with limited direction and guidance.
• Strong analytical skills to identify patterns, trends, and anomalies in data. Ability to assess risks and evaluate the effectiveness of controls.
• Excellent written and verbal communication skills to effectively communicate audit findings, recommendations, and insights to various stakeholders.
• Meticulous attention to detail to ensure accuracy and completeness in audit documentation and reporting.
• Ability to analyze complex issues, identify root causes, and develop practical solutions to address deficiencies and improve processes.
• Commitment to ethical conduct, integrity, and professionalism in all aspects of auditing.
• Familiarity with audit software, data analytics tools, and Microsoft Office suite. Ability to adapt to new technologies and tools.
• Supervisory, interpersonal, team and relationship building skills.
• Ability to multitask, meet deadlines and adapt to changes quickly.