Executive, Internal Audit

JOB PURPOSE & OVERVIEW

To conduct comprehensive internal audit assignments by adhering to the International Professional Practices Framework (IPPF) standards, ensuring that audit methodologies are risk-based and quality controlled. This role involves planning, fieldwork, reporting, and follow-up activities to enhance the effectiveness and efficiency of the organisation’s internal control systems and processes.

KEY ACCOUNTABILITIES

1.

Audit Execution and Data Analytics

Execute audit assignments by implementing risk-based audit methodologies and incorporating significant data analytics to identify control deficiencies and areas of improvement. Perform these tasks within the stipulated timeline to ensure that internal controls are effective and aligned with organisational objectives.

Utilise data analytics tools to analyse large datasets, extracting meaningful insights that support audit findings. Collaborate with the audit team to integrate these insights into the audit process, resulting in more informed decision-making and a data-driven approach to auditing.

2.

Risk-Based Audit Planning and Methodology

Develop and update comprehensive audit programs by gathering relevant information from existing SOPs, organisation charts, accounting records, and risk registers. Ensure that the audit approach is aligned with a risk-based methodology, covering all critical areas of the organisation, thereby increasing the robustness and relevance of audit activities.

Identify key risk areas during the planning phase by engaging with stakeholders and understanding the broader organisational context. Incorporate these risks into the audit scope to prioritise high-risk areas, thereby focusing audit efforts where they are most needed.

3.

Stakeholder Engagement and Data Governance

Liaise with internal and external stakeholders to gather accurate data for audit activities, building strong relationships to foster collaboration and ensure timely data collection.

Implement and enforce data governance policies to safeguard audit data integrity and confidentiality, while maintaining a robust auditing platform that integrates diverse data sources and supports organisational compliance.

4.

Audit Reporting and Recommendations

Draft actionable audit observations and recommendations aligned with organisational goals, adding value to business operations and promoting continuous improvement.

Present, review, and finalise audit reports with stakeholders, ensuring accuracy, clarity, and compliance with IPPF standards to support informed decision-making and enhance internal controls.

5.

Audit Follow-Up and Continuous Improvement

Conduct follow-up audits to monitor the implementation of agreed-upon control and process improvements. Verify that corrective actions have been effectively implemented and that any remaining risks have been mitigated, thereby ensuring the sustainability of improvements.

Participate in continuous quality assurance and improvement programs by regularly assessing the audit process against international standards. Identify areas for enhancement in audit methodologies, tools, and techniques, driving ongoing improvements in the quality and effectiveness of internal audit activities.

GENERIC ACCOUNTABILITIES

6.

MINDSET, BEHAVIOUR AND CULTURE

Promote a positive mindset and behaviour, shaping a work culture that values personal integrity and drives high performance. Use practical tools and methods to emphasise ethics, customer focus, and commitment.

Foster personal growth and business excellence by embracing PSMB’s Core Values (P.I.L.L.A.R.S - Passion, Integrity, Leadership, Loyalty, Agility, Responsiveness). Ready to take on extra tasks as needed and willing to go above and beyond.

7.

CAPABILITY DEVELOPMENT

Drive self-development of talent, skills and knowledge by attending training and participate in seminars/workshops or other training venues to align with the promotion of lifelong learning and acquisition of future work skills in achieving high performance delivery.

8.

OPERATIONAL BUDGET MANAGEMENT

Strategise and manage departmental/unit operations within allocated approved budget through continuous monitoring of actual expenditure against budget and undertake appropriate control measures to ensure operations are conducted effectively and efficiently to support business goals.

9.

STAKEHOLDER MANAGEMENT

Foster and sustain effective working relationships and rapport with the internal stakeholders and relevant government authorities, business and management institutions, national and key industry players and service providers to keep abreast with latest development to capture new business opportunities.

10.

LEADERSHIP AND CAPABILITY DEVELOPMENT (VP & ABOVE)

Drive the development of a competent working team that will enhance and sustain staff capabilities in achieving high performance delivery to ensure internalisation of the right leadership and capabilities in executing their jobs.

Foster the development of talents by providing guidance and avenue to potential employees for succession planning and recommend development needs as required to ensure grooming of talents in align to the best interest of the talent and PSMB’s vision and mission.

QUALIFICATION & RELEVANT EXPERIENCE

Educational Qualification

• Bachelor's degree in Accounting, Finance, Business Administration, or related field.
• Entry-level professional certification (e.g., CIA, CISA) desirable but not required.
• A member of Institute of Internal Audit Malaysia (IIAM)

Relevant Experience (skills & knowledge)

• 1-5 years of experience in internal auditing, accounting, or related field.
• Strong attention to detail, analytical skills, and willingness to learn.
• Good report writing skills