Head of Internal Audit (1Post)
Work Location: Yangon
Job type: Full-Time
Posted: 25-07-2024
Salary: 3,000,000 Kya / Monthly
Email: soe.htway@40hrs.com.mm
Job Description
ü Ensuring effective internal control processes, workflow management, and compliance audits.
ü Develop and implement internal control policies and procedures.
ü Monitor compliance with company policies, regulations, and legal requirements.
ü Assess risks and recommend improvements to enhance internal controls.
ü Plan and execute internal audits based on the annual audit plan.
ü Coordinate audit assignments, including pre-audit, interim audit, and post-audit activities.
ü Review audit reports and ensure timely completion of audit projects.
ü Identify process inefficiencies and recommend workflow enhancements.
ü Collaborate with cross-functional teams to streamline processes.
ü Ensure smooth workflow across departments.
ü Evaluate risks associated with business operations.
ü Develop risk mitigation strategies and action plans.
ü Monitor risk indicators and report findings to senior management
ü Interact with department heads, staff, and external auditors.
ü Communicate audit findings and recommendations to relevant stakeholders.
ü Foster positive relationships to facilitate effective collaboration.
ü Assess controls before implementing new processes or projects.
ü Review ongoing processes during the month and year.
ü Evaluate completed processes for compliance and effectiveness.
Job Requirements
ü 7-10 years of experience in a leadership role within internal audit, Bachelor's degree in accounting,
ü finance, or a related field. A relevant professional certification (CIA, CPA) may be strongly preferred.
ü Proficient in internal audit methodologies, frameworks (e.g., IIA Standards), and best practices.
ü Strong understanding of risk assessment, identification, mitigation, and control frameworks.
ü Deep knowledge of accounting principles, internal controls over financial reporting, and the ability to identify potential financial statement misstatements.
ü Information Technology (IT) Controls: Understanding of IT controls, data security, and IT related risks.
ü Ability to develop and implement a risk-based internal audit plan aligned with the organization's strategic objectives.
ü Excellent leadership skills to motivate, coach, and develop internal audit staff.
ü Strong written and verbal communication skills to communicate complex audit findings and recommendations to diverse audiences.
ü Ability to build trust and rapport with staff across all levels of the organization, including senior management.
ü Strong analytical skills to assess risks, identify weaknesses in internal controls, and develop effective solutions
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