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 Continuous Audit plan, reporting to audit committees and management including supervising and developing junior members of the team.
Roles and Responsibilities: I. Audit Plan Delivery a) Have a deeper understanding of the Company's Operations, IT systems, environment, operations and infrastructure in order to identify and keep up to date the Continuous 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 Continuous audit plan considering the knowledge of the business, key risks, key metrices, relevant data
d) Lead and come-up with relevant data analytics routine as part of continuous auditing
e) Plan, lead and execute continuous audit program in accordance with rules of engagements
f) Review and coordinate the work of the team members and ensure that the program meets the intended audit objectives
g) Monitor and track progress of the engagement to ensure completion within the committed timeline.
II. 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) Help prepare audit committee reports and fulfill other reporting requirements.
e) Present result of Continuous Audits to senior management and/or audit committee
III. Stakeholder Management a) Develop rapport with business unit management through regular communication of changes in 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.
IV. 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.
V. Other Responsibilities a) Prepare and/or update relevant Continuous 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 Continuous Audits
c) Perform special projects and advisory initiatives that will bring value to stakeholders
d) Perform other responsibilities and duties periodically assigned by the Chief Audit Executive in order to meet operational and/or other requirements.
Performance Measures: Performance will be measured based on the following:
a) Quality delivery of the assigned audit projects within the parameters set as defined in the audit methodology
b) Issuance of audit reports and other commitments within the set timeline
c) Successful implementation of data analytics and continuous auditing initiatives
d) Delivery of quality investigations, advisory and special projects
e) Fulfillment of the required Continuous Professional Development (CPD) hours
f) Feedback from the auditee surveys and results of quality assurance reviews
g) Result of quality review of audit engagements and special projects
h) Relationship with business unit management
i) Development of self and team
Qualification Requirements: The following are the qualification requirements for this role:
a) Minimum of 15 years of Continuous Audit of other relevant experience (e.g. Data Analytics, Programmer, Development Operations)
b) With work experience in a large organization or conglomerate, holding companies, real estate, manufacturing, logistics, energy, or mining industries
c) With experience from top 4 auditing firms (EY, PwC, Deloitte, KPMG) is an advantage
d) With supervisory or managerial working experience for at least 10 years
e) With a relevant professional certification on Data Analytics, Data Scientist or Data Mining or equivalent
f) Has good understanding of business risks and controls
g) Experience in applying data analytics and continuous auditing in assessing business application control effectiveness
h) Advance knowledge in the use of data analytics and data visualization tools (e.g., ACL, Arbutus, Power BI, Tableau, among others)
i) Hands-on experience in ACL data analytics tool (from scripting to dashboard reporting or visualization) is an advantage
j) Demonstrates good leadership and people management skills
k) Ability to work under pressure and meet milestones within time, cost and quality constraints
l) Strong analytical, written/verbal communication, presentation, interpersonal and relationship building skills
m) Solid problem-solving skills, ability to analyse complex data, identify core issues, investigate, evaluate and reach appropriate conclusions
n) Ability to adapt to changes quickly and capable of multi-tasking
o) Good team player who is committed to achieving results
Education: Bachelor's Degree (Data Analytics, Data Science, Computer Science, Computer Programming)
