Job Summary
- The Senior Internal Audit Manager leads the internal audit function and provides independent assurance on the effectiveness of governance, risk management, and internal controls. The role supports the Audit Committee, Board, and management by identifying control gaps, recommending improvements, and promoting compliance with Bursa Malaysia Listing Requirements, MCCG, and other regulatory requirements. Oversight of compliance activities may also be assigned, while preserving the independence and objectivity of internal audit.
Job Responsibilities
Internal Audit
- Develop and execute a risk-based annual audit plan with the company's strategic objectives.
- Lead the audit on operational, financial, compliance and system across outlets, distribution centres and corporate offices.
- Evaluate the adequacy and effectiveness of internal controls, policies, processes and governance practices.
- Identify control gaps, operational inefficiencies, revenue leakage, fraud risks and areas for improvement.
- Prepare and present clear, insightful audit reports with practical recommendations to Senior Management, the Audit Committee, and the Board.
- Monitor the implementation of agreed corrective actions and follow-up audits.
- Conduct special audits, investigations, and whistleblowing reviews as directed by Management, the Audit Committee, or the Board.
- Promote the use of data analytics and technology to improve audit coverage and identify unusual trends or transactions.
Risk Management
- Facilitate the Enterprise Risk Management (ERM) framework and coordinate periodic risk assessments across the organisation.
- Work closely with the Management Team to identify, assess, and monitor strategic, operational, financial, regulatory, and technology-related risks, and support the development of appropriate risk mitigation measures.
- Monitor key risk indicators and emerging risks affecting the retail business.
- Support departments in developing effective risk mitigation and business continuity plans.
- Provide regular risk management updates to senior management and the relevant Board committees.
Team and Stakeholder Management
- Lead, coach and develop the internal audit team to ensure consistent audit quality and professional standards.
- Build effective working relationships with senior management, business units, external auditors and regulators.
- Advise Management on strengthening internal controls, governance practices, policies, and standard operating procedures.
- Ensure audit activities comply with applicable professional standards and regulatory requirements.
- Conduct training and awareness programs to promote risk and control consciousness across the organisation.
- Stay abreast of emerging risks, regulatory developments, and industry best practices to enhance the effectiveness of the internal audit and risk management functions.
Person Specifications Education & Qualification
- Bachelor's degree in Accounting, Finance, Business Administration or a related discipline.
- Professional qualification such as CIA, ACCA, CPA, CA or CISA is preferred.
Relevant Experience & Years of Service
- At least 10 years of relevant experience in internal audit, risk management, or governance, including proven managerial experience.
- Mandatory experience in the retail, FMCG, distribution, and/or supply chain sector, with demonstrated exposure to complex, multi-site operations.
- Mandatory experience in a Malaysian Public Listed Company (PLC) and/or a regulated industry, with a strong understanding of corporate governance, regulatory compliance, and reporting requirements.
Technical Skills, Professional Knowledge & Competencies
- Strong understanding of internal controls, ERM frameworks and governance best practices.
- Experience presenting audit and risk matters to senior management or Board committees.
- Strong analytical, investigation, report-writing and stakeholder-management skills.
- Proficient in data analytics, audit software or business intelligence tools would be an advantage.
- Strategic thinking and business acumen
- Willing to travel to retail outlets, warehouses and other business locations when required.
