Senior Executive, Audit & Compliance

Job Summary

The Deputy Director reports to the Head of Audit and Compliance Department and is responsible in leading a team of auditors in the planning, executing and managing internal audit activities across the organization. This role involves evaluating the effectiveness of internal controls, identifying risks, and ensuring that internal controls, policies, and regulations are adhered to within the organization.

Job Responsibilities

Audit Planning and Execution

• Lead and supervise a team of auditors, providing guidance, coaching, and performance evaluations
• Plan and execute comprehensive audits of financial, operational, and compliance processes to identify areas of risk and improvement
• Coordinate audit activities and assignments within the team, ensuring proper allocation of resources and timely completion of tasks
• Analyze audit findings, develop recommendations, and prepare clear and comprehensive audit reports for management and relevant stakeholders
• Review working papers and reports for completeness and accuracy

Compliance Assessment, Operational Efficiency and Controls

• Assess compliance with regulatory and internal policy requirements
• Coordinate and conduct compliance reviews, including regulatory readiness and reporting
• Evaluate the effectiveness of internal controls, policies, and procedures, and recommend enhancements to ensure compliance and efficiency

Cross Functional Collaboration and Stakeholder Engagement

• Lead the audit team to work with cross-functional teams to address audit findings and facilitate the implementation of corrective actions
• Communicate audit findings and recommendations professionally to relevant stakeholders through clear written reports and verbal presentations
• Lead the audit team in engagement with senior management, business units, and external regulators/auditors to understand risks and foster a culture of compliance and good governance
• Provide advisory support by contributing to key decision-making process and providing insights on risk, compliance and audit matters

Reporting and Communication

• Communicate audit findings and recommendations professionally to relevant stakeholders through clear written reports and verbal presentations
• Follow up on implementation of agreed audit recommendations and report progress

Data Analytics

• Integrate data analytics into audit planning and execution to enhance the effectiveness, efficiency, and risk coverage of assurance activities
• Analyze datasets to identify patterns, anomalies, and key risk indicators, and translate findings into actionable audit insights
• Collaborate with audit teams to ensure analytics outputs are aligned with audit objectives and contribute to impactful reporting and decision-making

Continuous Improvement & Professional Development

• Contribute to the continuous improvement of internal audit processes and methodologies to optimize audit quality and efficiency
• Stay informed about changes in regulations, industry standards, and best practices to enhance the audit and compliance function
• To continuously improve self-competency and skills for better audit outcomes
• Foster a culture of ethics, integrity, and accountability within the team and the organization

Others

• To provide operational support for Audit & Assurance Division on non-routine or unspecified assignments such as cross functional audit, special review or investigation, as and when required
• Collaborate with other departments within the same division, i.e. Technology Assurance, Quality and Risk Assurance, as week as others such as Risk Management, Integrity & Governance, Legal, Finance and operation departments to ensure a holistic approach to audit and compliance

Qualifications & Work Experience

• Candidate must possess at least a Bachelor's Degree in Accounting, Finance, Business Administration, or a related field;
• Holds relevant professional certifications such as CIA, CISA, CPA would be an added advantage;
• Have a minimum of 5 - 7 years of experience in internal auditing, compliance, or related roles, with demonstrated progression in responsibilities;
• Strong understanding of audit methodologies, risk assessment, and internal control framework;
• Familiarity with and relevant internal control regulations and standards in the telecommunications and multimedia industry;
• Proven leadership and team management skills, with the ability to guide, motivate, and develop a team of auditors;
• Excellent communication and interpersonal skills, including the ability to convey complex findings to various stakeholders;
• Proficiency in data analytics using audit software and tools to enhance audit testing such as ACL, IDEA, Power BI for data extraction, analysis and visualization;
• Analytical mind set with the ability to interpret financial and operational data and identify trends;
• Strong problem-solving abilities and a proactive approach to identifying issues and proposing solutions;
• Commitment to upholding ethics, integrity, and professionalism;
• Knowledge of the Malaysian Communications and Multimedia Commission's functions and regulations would be an added advantage

Technical Competencies

1. Internal Audit Standards & Methodology - Proficiency in IIA International Standards for the Professional Practice of Internal Auditing, audit methodology (planning, fieldwork, reporting, follow-up).
2. Regulatory Compliance - In-depth understanding of the regulatory framework governing the communications and multimedia sector in Malaysia, including relevant laws, policies, and industry standards
3. Risk Assessment & Internal Controls - Ability to assess risk exposures and evaluate the effectiveness of governance, risk management, and control processes
4. Industry Expertise - Technical knowledge of telecommunications, broadcasting, and multimedia industries, including emerging technologies, trends, and market dynamics
5. Financial Acumen - Understanding of financial principles and the ability to assess financial statements to ensure compliance with accounting standards
6. Audit Tools and Software - Proficient use of audit management tools, software, and analytics to streamline audit processes and enhance compliance monitoring

Behavioral Competencies

1. Integrity and confidentiality
2. Leadership and supervisory
3. Teamwork and collaboration
4. Professional Skepticism
5. Stakeholder management
6. Analytical thinking and detailed oriented
7. Problem solving
8. Adaptability

Candidate must be willing to work in Cyberjaya

Permanent position with six-month probation period