Overall managing and leading the Internal Audit function for a diversified Group.
Report to the Group Chairman Office (GCO) on the ongoing audit activities and highlight the critical audit issues and remedial actions agreed upon by management.
Attend Audit Committee meetings and report key audit issues from the planned or ad hoc audit assignment covering Operational, Financial, IT and Recurrent Related Parties Transactions (RRPT).
Formulate the annual Internal Audit plan, tabled the plan to the Audit Committee for approval and organized the internal audit resources towards fulfilling the plan.
Plan for the monthly audit activities, including special investigation, due diligence, and follow-up review as requested by the Audit Committee, GCO and senior management.
Lead Internal Audit team in the various controls, adequacy of procedures for the Anti-Bribery & Corruption programme and risk & compliance initiatives designed to provide assurance to the Audit Committee, GCO and senior management of the operating companies within the group.
Review/oversee the audit activities and ensure that the scope includes reviews designed to appraise the operating companys internal controls systems and compliance with policies, procedures, and corporate governance as well as to identify causes of any control lapses and improvement in the business processes.
Work with operating management to ensure that a systematic process is in place to identify major risks and their respective mitigating controls via risk assessment tools such as the Corporate Risk Scorecard and Internal Control Self-Assessment Questionnaire.
Managing feedback and complaints from the whistle-blower channel, conducting investigations and reporting the outcome to the Group Chairmans Office.
Review the RRPT as to whether the transactions are conducted on arms length and approved in accordance to the authority limits set as per the shareholders mandate.
Requirements:
Degree in Accounting, Finance or Business Management or equivalent professional accounting qualification.
Member of the Institute of Internal Auditors Malaysia (IIAM), Malaysian Institute of Accountants (MIA), Association of Chartered Certified Accountants (ACCA) or Certified Information Systems Auditor (CISA) would be an added advantage.
Minimum 15 years of internal auditing experience in a managerial position with an established diversified business group with in-depth knowledge of auditing standards and business operations.
Knowledgeable in corporate risk management systems.
Well-versed with Bursa Listing requirements, guidelines of the Securities Commission and the Malaysian Code on Bursa Corporate Governance.
A team leader with a strong work ethic, high level of professional integrity, maturity, independence and excellent analytical skills.
