REQ14300 Senior Manager, Internal Audit (Open)
POSITION SUMMARY:
- Performs advanced level professional internal auditing and internal control compliance work as a key component of the corporate governance structure including performance, financial and compliance audits. It involves directing a comprehensive audit program, providing consulting services to the organization’s management and staff without affecting independence;
- Establishment of the Annual Audit Plan; and providing ongoing training, coaching and supervision of Internal Audit and Internal Control Compliance staff.
- Maintains organizational and professional ethical standards.
- Works independently with extensive latitude for initiative and independent judgement.
PRIMARY RESPONSIBILITIES:
- Assess the adequacy and effectiveness of financial, operational and compliance controls of operations through the performance of risk-based audits to assure proper completion of the integrated audit plan.
- Assist with identifying any key compliance risks and weaknesses and recommend enhanced procedures to improve operational efficiency and control.
- Carry out the Group’s internal audit and internal control review (SOX) programs to system of internal control related to financial reporting, operational and compliance control objectives is designed and operating effectively. Perform periodic monitoring of internal audit and internal control compliance, review test results and related remediation activities.
- Monitor business activities, functions and practices to ensure compliance with local regulations and policies (including any internal control requirements on gaming operation).
- Recommend improvements to strengthen the overall control environment, based on findings from audits and risk assessments including internal accounting controls designed to safeguard the Casino’s assets and resources, and ensure compliance with the laws and regulations.
- Assist in establishing and developing appropriate and effective internal compliance policies and procedures on any new/revised regulatory requirements and business activities or products.
- Evaluate the operating effectiveness of IT internal controls and works collaboratively with management to identify actions needed when there is new system/feature rollout.
- Perform special reviews and investigations on internal audit and internal control compliance issues as required.
- Supervise the local team, including assigning and reviewing their work
- Prepare draft reports and proffer resolutions to audit findings identified for review and discussion.
- Coordinate the external audit review of internal controls over financial reporting as part of the SOX compliance program for entities and operations.
- Provide recommendations to members of management, officers and employees on internal audit and internal control compliance issues to address the root cause of findings revealed.
- Provides or assists and implement appropriate training program, coaching, and guidance to internal audit and internal control compliance staff in conducting audits and other audit-related issues; and to support risk base approach, dual purpose program, key controls and remediation efforts on an on-going basis.
KEY PERFORMANCE INDICATORS:
- Involvement in the determination of audit scope for project assignments
- Complete assigned work to the required professional standard within the time allocated.
- Minimize staff turnover
- Staff achieving accreditations
QUALIFICATIONS:
Requirements & Qualifications
Experience
- Minimum of 7 years' internal or external audit experience, of which 5 years’ experience preferably gained from a Big 4 firm, compliance practice and/or related services.
- Experience in gaming or hotels resort will be a distinct advantage
- Knowledge of GAAP (US GAAP/IFRS), SOX regulations and financial filing requirements.
- Knowledge and exposure on local regulations
Education
- Degree holder in Finance, Accounting, Business or related disciplines
- ACA/ACCA/CIA/CISA member
- ACAMS or other recognized compliance body member
- Other professional qualifications (ACFE) will be taken to consideration
SKILLS/ PERSONAL COMPETENCIES:
- Knowledge of planning and performing duties on risk-assessed basis and good understanding of IT application and general controls is essential due to IT audit reliance under current circumstances
- Knowledge of COSO model of internal control assessment and AML compliance audit strategies would be an advantage.
- Knowledge of SEC reporting and SOX requirements.
- Excellent command of both written and spoken English.
- Result-oriented, self-motivated, detail-minded, able to work and manage projects independently and work as part of a team.
- Proficiency in Microsoft Word and Excel. Ability to utilize operating system data to perform data analytics based on KRIs set for an effective and efficient audit.
- Excellent communication skills, both written and verbal, including the ability to summarise information and technical issues in presentations or memos for senior management.
- Approachable, team player, and discrete.
- A creative, analytical and practical approach to resolving issues, and able to work under pressure and multi-task.
