Executive | Internal Audit (Investment Audit)

EPF Malaysia; Petaling Jaya; On-site; MYR 85,000 - 120,000; Full time

Job summary

EPF Malaysia is seeking an experienced internal audit professional to support audit engagements across domestic subsidiaries and SPVs. You will perform fieldwork, testing, and documentation to provide independent assurance over governance, risk management and control frameworks.

The role involves reviewing valuation, impairment and performance data, evaluating risk management practices, ESG considerations and Shariah requirements, and preparing work papers for senior review.

Qualifications

• Must have hands-on experience performing audit fieldwork and testing.
• Familiar with governance structures, risk management and internal controls.
• Strong documentation and evidence gathering capabilities.

Responsibilities

• Perform audit fieldwork and testing for domestic subsidiaries and SPVs including control walkthroughs, compliance testing and substantive procedures.
• Gather, review and analyse documentation related to governance structures, delegated authorities, internal controls and oversight mechanisms.
• Assist in reviewing valuation, impairment and performance information by verifying documents and ensuring policy consistency.
• Support assessment of risk management practices, ESG considerations and Shariah requirements by documenting observations.
• Prepare audit working papers in accordance with audit methodology and standards with completeness and clarity.
• Assist in drafting audit findings, recommendations and follow up documentation for review by seniors.

Skills

Audit fieldwork

Governance

Risk assessment

Documentation

Education

Bachelor Degree in Accounting/Finance/Business

Job description

JOB SUMMARY

• Support audit engagements covering EPF’s domestic subsidiaries and investment holding entities by performing audit fieldwork, testing, analysis and documentation to provide independent and objective assurance over governance, risk management and control frameworks.

JOB RESPONSIBILITIES

• Perform audit fieldwork and testing for domestic subsidiaries and special purpose vehicles (SPVs) including control walkthroughs, compliance testing and substantive procedures.
• Gather, review and analyse documentation and data relating to governance structures, delegated authorities, internal controls and oversight mechanisms.
• Assist in reviewing valuation, impairment and performance information by verifying supporting documents and checking consistency with mandates and policies.
• Support assessment of risk management practices, ESG considerations and Shariah requirements by documenting observations and potential issues.
• Prepare audit working papers in accordance with audit methodology and standards, ensuring completeness and clarity.
• Assist in drafting audit findings, recommendations and issue follow up documentation for review by senior team members.
• Supports the execution of independent assurance and advisory activities over the effectiveness of investment governance, risk management and internal control frameworks for EPF’s domestic subsidiaries and related investment structures, in accordance with the IIA Global Internal Audit Standards, without assuming management or investment decision making responsibilities.
• Contributes to safeguarding EPF’s domestic investment capital by performing assigned audit testing and fieldwork activities covering domestic subsidiaries and SPVs, including testing of mandate compliance, verification of valuation inputs and assessment of governance arrangements, under the supervision of the Deputy Manager / Manager and within the scope approved by the Head of Unit / Head of Section.
• Coordinate information requests and follow ups with domestic subsidiaries and EPF investment divisions under supervision.
• Liaise with valuers, advisors and service providers during audit fieldwork as instructed.

JOB REQUIREMENTS

• Malaysian citizen
• Passed the Malay Language (including oral test) at Sijil Pelajaran Malaysia (SPM) level.
• Bachelor Degree (Honours) in Accounting / Finance / Business Studies / Law or fields related recognised by the Government from any local or abroad higher learning institution or qualification.
• Minimum 2 - 4 years of experience in related fields.
• Those with professional qualifications or certifications such as ACCA, ICAEW, MICPA, CIMA, CPA, CIA, CFA or FRM will have added advantage.
• Experience in auditing or reviewing subsidiaries, joint ventures, special purpose vehicles (SPVs), investment entities, real estate companies, or investment-related operational activities would be an added advantage.
• Possess practical experience in evaluating governance arrangements, risk management practices, internal controls, regulatory compliance, financial reporting, operational processes, and performance monitoring.

JOB STATUS

Permanent

All applications are strictly CONFIDENTIAL and only shortlisted candidates will be called in for interview. Applications are deemed UNSUCCESSFUL if there is no feedback from the EPF 3 MONTHS after the closing date of advertisement.