Assistant Vice President, Internal Audit

Shangri-La International Hotel Management Limited; Hong Kong; On-site; HKD 1,100,000 - 1,800,000; Full time

Job summary

The Shangri-La International Hotel Management Limited is seeking an Assistant Vice President, Internal Audit to lead risk-based audits, oversee budgets and audit programs, and drive continuous improvement across governance, risk and controls. You will supervise teams, deliver timely, high-quality assurance, and present findings to senior management in a hospitality-focused global group.

Ideal candidates possess 12+ years in internal audit/compliance within large, quoted companies or professional

Qualifications

• Bachelor’s Degree in Accounting/Finance/Business or related field.
• Member of a professional body (e.g. CPA, ACCA) is required; CIA and CFE are strongly preferred.
• At least 12 years in a large publicly quoted company with scope in internal audit, compliance or related finance.
• At least 5 years in a management role leading a team in a large enterprise or professional services.
• Lodging/hospitality industry experience is an advantage.
• Excellent communication and ability to present to senior management.
• Fluent English; Mandarin reading ability preferred.

Responsibilities

• Develop and execute a risk-based annual audit plan aligning with group strategy.
• Supervise budgets, audit programs and allocation of audit resources.
• Lead and/or supervise audit work and special projects.
• Manage teams of internal and external auditors to meet the audit plan.
• Plan and assess performance of audits to evaluate risk management and internal controls.
• Ensure audit work adheres to policies, standards and accurate conclusions.
• Draft and review audit reports with clear findings and actionable recommendations.
• Present findings and recommendations to the Chief Auditor and senior management.
• Coordinate updates to stakeholders, including executives and audit committees.
• Track management’s corrective actions and report on completion status.
• Update Internal Audit Manual to align with regulatory guidelines and COSO.
• Leverage data analytics and audit tech to enhance efficiency and coverage.
• Appraise team performance and identify coaching needs.
• Build relationships with stakeholders and liaise with co-source partners.
• Support Enterprise Risk Management in advising operational teams.
• Conduct ongoing risk assessments and oversee the audit plan execution.
• Perform other duties as assigned.

Skills

Leadership

Stakeholder management

Audit planning

Risk management

Data analytics

Team management

Communication

Education

Bachelor’s Degree in Accounting/Finance/Business

CPA/ACCA

CIA/CFE preferred

Tools

Audit management system

Data analytics tools

COSO framework

Job description

Assistant Vice President, Internal Audit

The Group Internal Audit Department (GIA) provides the Shangri-La Group with a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, governance and controls. GIA adopts a risk-based audit methodology to assess and report on the Group’s network of controls, governance, business and financial risk management processes within an integrated assurance framework (IAF).

As a senior member of the GIA, the AVP, Internal Audit will engage with multiple stakeholders at all levels to build and maintain ongoing business relationships. She/he will play a key role for ensuring timely delivery of high-quality work. Apart from coordinating and overseeing internal audit activities, he/she will help drive innovation and continuous improvement to increase agility of our audit strategy and approach.

As our Assistant Vice President, Internal Audit, we will rely on you to:

Develop and execute a risk-based annual audit plan that aligns with the company’s strategic objectives and addresses key risks identified under the Group’s Integrated Assurance Framework

Supervise the preparation of departmental budgets, audit programs and allocation of resources for audit scheduling

Lead and/or supervise audit work and special projects as requested

Manage teams of internal and/or external audit professionals to ensure the timely completion of the audit plan

Plan and manage performance of audit assignments to evaluate and provide assurance on the adequacy and effectiveness of risk management, internal controls and governance systems

Ensure all audit work performed is completed in accordance with the GIA’s policies and professional practice standards, has adequate risk coverage and audit scope, relevant control testing and accurate conclusions

Draft and/or review audit reports to ensure audit findings are supported, the contents are accurate, concise, logical and grammatically correct, root causes of findings are identified and corrective actions proposed are operationally practical, effective and efficient

Articulate and present clearly and concisely findings and recommendations concerning activities audited to the Chief Auditor and senior management

Work with the Chief Auditor to prepare and deliver regular updates to stakeholders, including senior executives, management committees, audit committees and board of directors

Manage the processes of tracking and validation of management’s corrective actions, ensure timely reporting of completion status, effective implementation and elevate overdue items

Update the Internal Audit Manual to ensure it is aligned with regulatory guidelines, internal policies, professional standards and best practices provided by the Institute of Internal Auditors and other reputable international organizations such as COSO

Leverage data analytics and audit technology to enhance audit efficiency and coverage. Pioneer the design, deployment and maintenance of an audit management system and be involved in the design and deployment of data analytics tools

Appraise team performance and identify coaching and development needs

Build and maintain strong, collaborative relationships with key stakeholders across the organization, and promote a culture of control consciousness and continuous improvement. Liaise with co-source partners to ensure efficient and effective audit planning and management

Support Enterprise Risk Management (ERM) in advising operational teams to improve their control environment

Conduct continuous assessment of internal and external business risks, develop, execute and provide oversight of audit plan covering identified risks

Perform other duties as assigned

We are looking for someone who has:

Bachelor’s Degree in Accounting/Finance/Business or related disciplines preferred

Member of a professional accountancy body (e.g. CPA, ACCA) is required and other professional certifications such as CIA and CFE are strongly preferred

At least 12 years of experience in a large publicly quoted company with increasing management responsibility for internal audit, compliance and/or commercial accounting or with a professional services firm

At least 5 years of experience in a management role with a proven track record of leading and coaching a team of professionals in a large publicly quoted company or a professional services firm

Lodging/hospitality industry experience is an advantage

Strong relationship builder that operates with a collaborative mindset to ensure that key stakeholders are considered; communicates well with key stakeholders at all levels and can make presentations confidently to senior management

Excellent project and team management skills with strong time management and organizational skills

Self-motivated and able to work independently. Acute attention to detail with effective problem-solving skills. Fast learner with a willing attitude, resilience and a team player with a strong work ethic

Strong qualitative and quantitative analytical skills to take large volumes of complex data and present it in a clear and concise manner appropriate for management decision-making

Fast learner with a willing attitude, resilience and a team player with a strong work ethic

Excellent spoken and written English; Proficient in Mandarin and able to read simplified Chinese is preferred

Unlock job insights

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Hotel & Accommodation Services More than 10,000 employees

Headquartered in Hong Kong SAR, the Shangri-La Group has grown from a single hotel business to a diverse and integrated global portfolio comprising quality real estate and investment properties, wellness and lifestyle facilities.

Today, the Group owns, operates and manages 100+ hotels under our family of five brands: Shangri-La, Shangri-La Signatures, Kerry Hotels, JEN by Shangri-La, and Traders.

We are part ofthe Kuok Group, one of Asia's most dynamic multinational conglomerates and a leader in properties, logistics, agribusiness, maritime and hospitality. From our strong base in Asia, we have expanded into key gateway cities and markets around the world.

Headquartered in Hong Kong SAR, the Shangri-La Group has grown from a single hotel business to a diverse and integrated global portfolio comprising quality real estate and investment properties, wellness and lifestyle facilities.

Today, the Group owns, operates and manages 100+ hotels under our family of five brands: Shangri-La, Shangri-La Signatures, Kerry Hotels, JEN by Shangri-La, and Traders.

We are part ofthe Kuok Group, one of Asia's most dynamic multinational conglomerates and a leader in properties, logistics, agribusiness, maritime and hospitality. From our strong base in Asia, we have expanded into key gateway cities and markets around the world.