Internal Audit and Compliance Specialist
2 months ago
Key Responsibilities
Development of Internal Control Framework: Crafting and executing a robust internal control framework that aligns with the organization’s objectives and regulatory standards. Risk Evaluation: Identifying and evaluating potential risks that may affect the organization’s operations, financial reporting, and compliance with applicable laws and regulations. Policy Formulation: Designing and revising internal policies and procedures to ensure their effectiveness in risk management and alignment with business goals. Compliance Oversight: Monitoring adherence to internal control policies and external regulations, ensuring compliance with all relevant laws and standards. Audit Management: Coordinating with external auditors and leading internal audits, providing necessary information to evaluate the effectiveness of internal controls. Training Initiatives: Creating training programs to enhance regional awareness of internal controls and their significance in organizational integrity. Reporting and Documentation: Generating reports on the efficacy of internal controls and documenting any identified issues or recommendations for enhancement. Stakeholder Communication: Keeping senior management and the board informed about the status of internal controls and any significant challenges that arise. Project Leadership: Spearheading projects aimed at implementing new controls or refining existing ones, often involving cross-departmental collaboration. IT Systems Assurance: Ensuring that IT systems align with internal control objectives and are safeguarded against unauthorized access and data breaches.Qualifications
Educational Credentials: A bachelor’s degree or higher in a relevant discipline such as finance, accounting, or business administration. Professional Credentials: CPA or ACCA certification is preferred. Experience: A minimum of 3 years in internal control, finance, or auditing is required, ideally including experience in a Big Four accounting firm, risk management, and familiarity with US GAAP and SOX controls. Regulatory Knowledge: Understanding of relevant laws, regulations, and internal control frameworks such as COSO, SOX, or local regulatory standards is essential. Skill Set: Strong analytical, communication, and project management abilities are crucial. The capacity to work collaboratively and lead teams is also vital. Professional Integrity: A high standard of integrity, confidentiality, and professional ethics is expected. Technical Acumen: Familiarity with IT systems and the capability to assess and manage technology-related risks is advantageous, particularly in today’s digital landscape. S$9,000 - S$11,000 a month-
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