Assistant Manager, Internal Audit

ELK-DESA CAPITAL SDN BHD; Kuala Lumpur; On-site; MYR 150,000 - 210,000; Full time

Job summary

ELK-Desa Resources Berhad is seeking an experienced Head of Internal Audit to lead our internal audit cycle, risk assessments, and regulatory compliance initiatives in Malaysia. You will guide the team, present findings to senior management, and drive improvements across units.

The role requires 5+ years in internal audit or compliance within regulated financial services, strong governance and controls knowledge, and excellent reporting and communication skills.

Qualifications

• Bachelor's Degree in Accounting, Finance, Auditing, Business, or an equivalent professional qualification.
• Professional certification such as CIA, CFE, or IIA membership is an added advantage.
• Minimum 5 years of hands-on experience in Internal Audit, Risk Management, or Compliance in a regulated financial setting.
• Strong understanding of internal audit methodologies, governance, risk management, and internal control frameworks.
• Excellent report writing, presentation, and communication skills.

Responsibilities

• Lead the full internal audit cycle from planning through fieldwork, reporting, and follow-up.
• Lead ABMS and AMLA compliance reviews in line with MACC Act requirements.
• Manage, monitor, and administer whistleblowing cases per policy.
• Coordinate implementation of Business Improvement Plans across the organization.
• Prepare concise audit/compliance reports with root-cause analysis and recommendations.
• Present findings to senior management and stakeholders; provide guidance to the audit team.

Skills

Analytical skills

Problem-solving

Communication skills

Report writing

Presentation skills

Education

Bachelor's Degree in Accounting, Finance, Auditing, Business, or equivalent

Job description

ELK-Desa Resources Berhad is incorporated and domiciled in Malaysia. It was listed on the Main Market of Bursa Malaysia Securities Berhad on 18 December 2012.

ELK-Desa Resources Berhad has two business segments through its wholly-owned subsidiaries, ELK-Desa Capital Sdn Bhd and ELK-Desa Furniture Sdn Bhd.

The ELK-Desa Capital Group is primarily involved in the business of hire purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent.

The ELK-Desa Furniture Group is primarily involved in the business of trading and wholesaling of home furniture.

Key Responsibilities:

Lead the full internal audit cycle, from audit planning through fieldwork, reporting, and follow-up, in accordance with the approved Internal Audit Plan.

Lead and oversee the annual ABMS and AMLA compliance reviews, ensuring compliance with Section 17A of the Malaysian Anti-Corruption Commission (MACC) Act and other applicable regulatory requirements.

Manage, monitor, and administer whistleblowing cases in accordance with the Company's Whistleblowing Policy and Procedures.

Coordinate, review, monitor, and validate the implementation of Business Improvement Plans across the organization.

Prepare accurate, concise, and timely audit and compliance reports, including root cause analysis, risk assessments, and practical recommendations.

Present audit findings, compliance updates, and business improvement recommendations confidently to senior management, management committees, and other stakeholders.

Provide guidance, coaching, and oversight to team members in the execution of audit and compliance activities

Requirements:

Bachelor's Degree in Accounting, Finance, Auditing, Business, or an equivalent professional qualification.

Professional certification such as Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), or membership with The Institute of Internal Auditors (IIA) will be an added advantage

Minimum 5 years of hands-on experience in Internal Audit, Risk Management, or Compliance, preferably within a Malaysian financial institution, hire-purchase company, or other highly regulated lending or credit environment.

Strong understanding of internal audit methodologies, governance, risk management, and internal control frameworks.

Strong analytical, problem-solving, and critical thinking skills.

Excellent report writing, presentation, and communication skills.

Financial & Insurance Services 101-1,000 employees

ELK-Desa Resources Berhad (5228) is a public company listed on the financial services sector on the main market of Bursa Malaysia Securities Berhad (the Kuala Lumpur stock exchange) since 18 December 2012.

Through its wholly-owned subsidiaries, ELK-Desa group is primarily involved in hire purchase financing, insurance policy sales, and the trading and wholesaling of home furniture.

With total assets surpassing RM800 million (as of March 2024), ELK-Desa Resources Berhad is dedicated to achieving progressive growth. Our focus on value creation, operational excellence, and sustainability drives our commitment to delivering value to our stakeholders.

ELK-Desa Resources Berhad (5228) is a public company listed on the financial services sector on the main market of Bursa Malaysia Securities Berhad (the Kuala Lumpur stock exchange) since 18 December 2012.

Through its wholly-owned subsidiaries, ELK-Desa group is primarily involved in hire purchase financing, insurance policy sales, and the trading and wholesaling of home furniture.

With total assets surpassing RM800 million (as of March 2024), ELK-Desa Resources Berhad is dedicated to achieving progressive growth. Our focus on value creation, operational excellence, and sustainability drives our commitment to delivering value to our stakeholders.