Senior Internal Audit Officer at ARM Hold Co.

Job Summary

The purpose of this role is to help in developing and delivery of the Group’s internal audit strategy and plan and ensure compliance with established policies, procedures and regulatory requirements throughout the company
Foster a control conscious environment within the company by providing reliable, valued and timely assurance on corporate governance, risks and controls and enhancing the control culture
The duties/responsibilities include but are not limited to:

• Assist Supervisor in the development of the annual Internal Audit plan.
• Support Supervisor in the development and implementation of the evolving IA methodology for the business.
• Develop a risk-based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology.
• Perform audit tests and prepare working papers in accordance with professional IIA standards and IA methodology.
• Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives.
• Conduct investigations as instructed and ensure detailed evidence/documentation is retained for all findings related to the investigation
• Contribute to the safeguarding of corporate assets by ensuring that appropriate internal controls are in place and operating effectively.
• Identify and document control and process weaknesses and provide evidential support for findings.
• Propose practical and value-added recommendations to address control weaknesses and/or process inefficiencies.
• Organize and reference work papers for review by Supervisor.
• Participate in closing meetings with client at the end of fieldwork, providing clear explanations for identified issues.
• Perform consulting services for management through participation in projects designed to introduce new and/or changing processes, products or facilities
• Develop and maintain effective and professional working relationships with all levels of staff within the organization, including Senior Management and Audit Committee of the Board.

Minimum Qualification Requirement

• BSc in Business, Accounting, Finance or related discipline.
• A recognized professional designation in Accounting or Internal Auditing (ACA, ACCA, CMA, CGA, CIA or CISA).
• CFE Designation is required.
• Good understanding of risk and control concepts and the ability to apply these concepts to evaluate the adequacy and effectiveness of business processes and controls to mitigate risk to tolerance levels defined by management
• Knowledge of COSO Risk and Internal Control framework would be an asset
• Working knowledge of professional IIA performance standards with regarding to planning, testing, sampling and documentation.
• Minimum of five (4) years relevant work experience in Internal Audit, within financial services or a professional accounting firm will be an added advantage.
• Proficient in use of data analytical tools (eg SQL, R Analytics, Power BI)