Job Purpose:
Oversee and supervise the Internal Audit Department of Laguna Resorts & Hotels
Key Results Area:
1. Oversee and supervise the Internal Audit Department of Laguna Resorts & Hotels
- Assist the Head of Group Internal Audit to oversee the daily operations of the internal audit department.
- Assist the Head of Group Internal Audit with development and update of audit strategy, annual audit plan and budget.
- Preparation of Summary Reports to Audit, Risk & Corporate Governance Committees
- Schedule internal audit assignments with stakeholders.
- Conduct preliminary risk assessment to define scope of internal audit assignments.
- Design, implement and maintain audit programs and methodology.
- Track, monitor and report implementation progress of agreed management action plans stated in internal audit reports.
2. Perform internal auditing
- Plan, execute and lead internal audit assignments, as directed and instructed by Head, Group Internal Audit.
- Conduct opening and closing meetings with auditees and maintain communications with them during audit assignments.
- Document and evaluate the effectiveness of key controls within reviewed processes, assess compliance with the Groups policies and applicable regulatory requirements and provide appropriate recommendations to strengthen controls.
- Write clear and concise audit reports.
- Present and report audit findings and recommendations to management.
- Review the working papers and audit report submitted by the internal auditors.
3. Perform any special projects (e.g. investigation, analysis, detection audits)
- Communicate to Head, Group Internal Audit alleged cases of fraud, illegal actions and unethical conduct, breach or potential breach of laws or legal requirements or violations of Groups policies, which are reported by any of the associates or third parties.
- Monitor whistle blowing channels.
- Perform ad-hoc investigations and other related reviews as directed by Head, Group Internal Audit or designate.
4. Assist in training and developing the internal auditors
- Train, supervise and appraise internal auditors.
- First point of consultation to Manager, Assistant manager, Senior/internal auditors.
- Setting up the Key Results Area and Performance Appraisals for the team
General
- Maintain active and independent working relationship with stakeholders, including but not limited to auditees and senior management.
- Assist in any other matters as directed by Head, Group Internal Audit.
Key Qualifications:
Education / Qualifications:
- Tertiary education in a relevant field
- Certified Internal Auditor and other professional qualifications such as CISA, CFE are highly regarded
- Years of related experience: at least 10 years
Competencies / Characteristics of A Candidate
- Technical competencies in governance, risk management and internal control principles
- Proficient with risk-based approaches for audit planning and execution
- Able to lead closing meetings with confidence and to address concerns appropriately
- Able to prepare accurate, relevant and concise reports on audit observations
- Experience in managing teams, including providing technical guidance, supervision and coaching
- Practical experience with data analytics
- Interpersonal skills to work with different stakeholders
- Adaptable and open to new tasks and ways of working
- Able to multi-task and work within tight time constraints
- Ability to communicate effectively with stakeholders at all levels, both verbally and in written form
- Cross-cultural work experience and perspectives will be advantageous
- Fraud investigations (desirable but not required)
