Job Purpose
- Responsible for Malia Group's strategic risk-based internal audit plan and managing the internal audit function in accordance with applicable internal audit best practices.
- Responsible for providing reasonable assurance on the effectiveness of the organization’s risk management and the strength of internal controls.
- Ensure compliance with internal policies and procedures, laws and regulations, acquisition regulations/requirements, efficiency of operations, and accuracy of financial reporting.
- Perform duties in accordance with Malia Group policies and procedures.
Duties & Responsibilities
On Risk Management, Planning & Execution
• Develop the annual risk-based internal audit plan to be shared with the Audit Committee for review and approval.
• Oversee the implementation of the approved audit plan, ensure proper resourcing for implementation, and adjust the plan as needed in response to changes in business risks, operations, systems, and controls.
• Provide technical assistance with investigations, special audits, and provide subject-matter expertise when needed.
• Keep senior management and Audit Committee informed of any needed changes to the internal audit plan and strategy.
• Perform organizational wide-risk assessments to identify significant risks or exposure related to internal controls and compliance. Provide feedback and recommendations on business risks and improving operational efficiencies and processes where appropriate.
• Coordinate and assist with the preparation of Audit Committee materials. Participate in quarterly or more frequent Audit Committee meetings.
• Oversee the Internal Audit participation in critical business decisions, ensuring that audit’s perspective is effectively voiced, and appropriate controls are designed and implemented on a proactive basis
• Validate the team audit reports including recommendations and/or opportunities for improvement.
• Following each audit activity, lead on the development of related action plans including deadlines for corrective/preventive actions implementation.
• Stay abreast of emerging trends and best practices that can be incorporated into the existing process
On Inventory & Asset Management
• Lead on inventory activities, validate highlighted discrepancies and performed reconciliations
• Ensure proper departmental asset management and handling process
On External Audit Support
• Support and direct the work of external auditors as instructed by the Audit Committee and senior management, to ensure the audit work remains within the prescribed guidelines
On HR
• Contribute proactively with the Talent Acquisition Team in filling vacancies timely. Design/update related JD and on-boarding programs and ensure their proper understanding & implementation. Ensure an optimized structure in line with business priorities and performance.
• Provide direct reports with needed resources/tools and guidance to fulfill their role properly and set their training needs and development plan in coordination with L&DM. Celebrate achievements, highlight people with potential to offer them perspective for growth.
• Set direct reports annual Business Goals and required competencies and conduct quarterly feedback sessions to appraise their performance. Monitor continuously direct report productivity and take corrective actions in due time. Issue misconducts and enroll under-performers in related program.
• Promote the Group's culture, encourage loyalty, trust, a healthy working environment, and teamwork. Personalize the motivational approach, empower and inspire the team to reach greatness.
Education: Bachelor in Business Administration/Accounting/Finance/Audit
Experience: 10+ years of progressively responsible experience in the field