Audit & Risk Management (Assistant Manager/ Manager)

V3 BRANDS PTE. LTD.; Singapore; On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled Internal Audit Manager to lead the development and execution of strategic audit plans. This pivotal role involves overseeing risk assessments, managing the internal audit team, and ensuring compliance with regulations. The ideal candidate will have a strong background in internal audit management and a passion for continuous improvement. Join a dynamic environment where your contributions will directly influence decision-making and risk management processes, while fostering a culture of excellence within the audit department.

Qualifications

• Experience in developing and executing strategic plans for internal audit.
• Proven ability to lead risk assessment activities and evaluate internal controls.

Responsibilities

• Develop and execute the department's strategic plan aligned with company objectives.
• Manage and develop the internal audit team, fostering a collaborative environment.

Skills

Internal Audit Management

Risk Assessment

Budget Management

Team Leadership

Regulatory Compliance

Education

Bachelor's Degree in Finance or Accounting

Certified Internal Auditor (CIA)

Job description

• Responsible for developing and executing the department's strategic plan, aligning it with the Company's objectives and risk management priorities.

• Oversees the development of the annual audit plan, ensuring that it addresses key risks, regulatory requirements, and management priorities. Allocate resources, assign audit engagements, and supervise the execution of audits to ensure they are conducted effectively and efficiently.

• Leads risk assessment activities, identifying and evaluating key risks across the Company. Assess the adequacy and effectiveness of internal controls, ensuring compliance with policies, laws, and regulations.

• Responsible for managing and developing the internal audit team. Recruit, train, and mentor staff members, ensuring they have the necessary skills and expertise to perform their duties. Provides ongoing feedback, conducts performance evaluations, and promotes a positive and collaborative work environment.

• Prepares and manages the department's budget, allocating resources effectively to support audit activities.

• Interacts with Senior Management and other stakeholders to communicate audit plans, findings, and recommendations. Build and maintain effective relationships, facilitate discussions, and address concerns or inquiries related to internal audit activities.

• Prepares comprehensive audit reports that summarize audit findings, recommendations, and action plans. Communicate audit results to senior management, providing insights and guidance for decision-making and risk management.

• Ensures compliance with applicable laws, regulations, and internal policies within the organization. Evaluate and enhance governance processes, internal controls, and risk management practices, making recommendations for improvement and ensuring adherence to ethical standards.

• Drives continuous improvement within the Internal Audit department. Evaluate and enhance audit methodologies, tools, and processes, staying updated on emerging trends and best practices in the field of internal auditing.

• Undertake any other assignments, which may be assigned from time to time