Internal Audit Officer at ARM Hold Co.

Summary

• The Internal Audit Officer ensures the integrity of the Company's operations and financial statements by serving as a watchdog, assurance provider, consultant or whistleblower over its operations and activities. The function directly supports the Head, Internal Audit.

Responsibilities

• Assisting the head of internal audit in conducting risk-based audit for all Units and Departments based on board of audit committee-approved internal audit plan.
• Developing the Company’s Internal Audit Framework including policies and procedures in line with local and international best practice standards.
• Participating actively in the design and integration of control frameworks into the Company’s business processes and systems.
• Conducting periodic checks to test the effectiveness of the Company’s internal control mechanisms and reporting observed weaknesses.
• Conducting investigations/forensic analyses into suspected procedural breaches and fraudulent practices across the Company and determine/recommend the appropriate line of action to the chief executive officer (CEO)/board audit committee (BAC) in response to findings.
• Monitoring and reviewing, periodically, test keys, codes, list of authorized signatories, approval limits, and other security devices to prevent fraudulent practices and security breaches.
• Triggering the execution of spot checks on transactions and activities as well as performing hot reviews of the dept.’s staff activity.
• Highlighting and flagging duplications, revenue leakages and weaknesses across the Company.
• Advising and providing opinion to management and board on good governance and best practices in internal control.
• Staying abreast of industry trends, events, issues and developments to assist/enable the development and implementation of appropriate control measures, monitoring mechanism as well as their continuous update/revision.
• Ensuring compliance with adopted corporate governance practice and approved operational policies and procedures.
• Co-coordinating depts.’ activities to ensure timely implementation of audit /review points raised by external auditors for all funds under management and Company accounts.
• Continuously reviewing depts.’ activities and making recommendations for improvement to the business.
• Preparing and submitting periodic activity/management reports to the CEO and BAC on the activities of the Dept.
• Serving on committees or cross-functional teams and performing other duties as assigned by the CEO, or BAC.

Requirements

• Bachelor’s degree in any discipline with a minimum of Second Class (Hons.) Upper Division. MBA would be an advantage.
• ACA, ACCA, CISA (Any, or a combination of these).
• Five years of relevant experience (post qualification).

Competency:

• Positive Attitude
• Attention to Detail
• Time Management
• Microsoft Excel
• Analytical Thinking
• Communicating Effectively.