Head of Internal Audit, Randstad

Randstad

Location:

Malaysia, Kuala Lumpur

Category:

Finance

Contract Type:

Not provided

Salary:

15000.00 - 25000.00 RM / Month

Save Job

Apply Position

Job Description:

The Head of Internal Audit will operate as an independent and objective unit within the organization, providing assurance and advisory services to enhance the company’s operations and contribute to the achievement of its strategic goals. This role is responsible for leading systematic and objective assessments of risk management processes, overseeing the internal audit function, and evaluating governance processes to ensure their effectiveness and alignment with the group’s objectives.

Job Responsibility:

Develop and implement a risk-based internal audit plan across the company’s group
Ensure the audit activities are aligned with the group’s strategic goals, objectives, and key risk areas
Establish and monitor the progress of the audit plan and provide updates to the Audit Committee
Identify and assess all aspects of risks within the organization, including operational, financial, and compliance risks
Proactively advise management on recommendations to mitigate identified risks, enhance internal controls, and improve overall operational efficiency
Evaluate the adequacy and effectiveness of the company’s internal control framework
Ensure compliance with company policies, procedures, and relevant regulatory requirements
Conduct regular assessments of control weaknesses and recommend corrective actions
Lead and manage audit engagements, ensuring audits cover key financial, operational, and compliance areas
Supervise audit teams and ensure the timely completion of audits, identifying areas for improvement in business operations and controls
Oversee audit fieldwork, review audit findings, and validate conclusions drawn from audit reviews
Prepare and present detailed audit reports to senior management and the Audit Committee of the Board
Communicate audit findings, recommendations, and action plans to management, ensuring clear and actionable insights
Follow up on audit findings to ensure timely implementation of corrective actions
Collaborate with senior management to address audit findings, provide solutions, and implement improvements
Build and maintain strong relationships with key stakeholders, including the Board of Directors, Audit Committee, and external auditors
Provide ongoing guidance and strategic advice on risk, governance, and control-related issues
Recruit, train, mentor, and manage the internal audit staff to ensure high performance and continuous professional development
Foster a culture of continuous improvement within the audit team and across the organization
Promote leadership skills within the team and encourage the development of future leaders in internal auditing
Promote a culture of ethics, integrity, and accountability throughout the organization
Ensure adherence to professional internal audit standards (e.g., International Standards for the Professional Practice of Internal Auditing - IIA Standards) and best practices
Monitor compliance with relevant laws, regulations, and corporate governance frameworks

Requirements:

Bachelor’s degree in Accounting, Finance, Business Administration, or a related field
Professional certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or other relevant certifications are highly desirable
Minimum of 10 years of experience in internal auditing, risk management, or a related field, with at least 5 years in a leadership or managerial role
Experience in the property development or real estate industry is highly preferred
Strong analytical and problem-solving skills with the ability to think critically and strategically
Excellent communication, presentation, and interpersonal skills, with the ability to engage with senior stakeholders effectively
In-depth knowledge of auditing standards, risk management frameworks, and internal control systems
Proficiency in audit software, data analytics tools, and ERP systems
Strong leadership skills, with the ability to manage and motivate teams to achieve high performance
High ethical standards, integrity, and a commitment to fostering transparency and accountability

Nice to have:

Master’s degree (MBA) or higher qualification
Experience in the property development or real estate industry

Additional Information:

Job Posted:

March 29, 2025

Expiration:

May 17, 2025

Employment Type:

Fulltime

Work Type:

On-site work

View All Jobs In This Company

Job Link Share:

Head of Internal Audit