internal audit manager (mnc).

The Internal Audit Manager (Malaysia) is a sole contributor role responsible for independently planning, executing, and reporting on a comprehensive internal audit program for the company's Malaysian operations. This includes three manufacturing plants and the corporate/commercial office. The role ensures adherence to the Group's risk management, governance, and control framework, reporting directly to the Group Head of Internal Audit in Singapore. This position requires strong independence, technical audit expertise, and the ability to drive constructive change across manufacturing and business processes.

1. Audit Planning and Execution (70% Focus)

• Annual Audit Planning: Develop and execute an annual risk-based internal audit plan tailored to the Malaysian entities, focusing on high-risk areas identified in consultation with Group IA and local management.

• End-to-End Audit: Independently manage the entire audit lifecycle, from planning and risk assessment through fieldwork, documentation (working papers), and final report generation.

• Manufacturing/Operational Audit: Conduct detailed audits of the three manufacturing plants, including reviews of the production cycle, inventory management, supply chain, quality control processes, and compliance with operational health and safety standards.

• Financial/Commercial Audit: Perform audits of the corporate office, focusing on financial reporting, treasury, IT General Controls (ITGCs), Accounts Payable (P2P), Accounts Receivable (O2C), payroll, and expense management.

• Compliance Review: Ensure compliance with all local statutory and regulatory requirements, as well as Group policies and international standards (e.g., IFRS, COSO, IPPF).

2. Reporting and Follow-up

• Reporting to Group IA: Timely submission of clear, concise, and objective audit reports to the Group Head of Internal Audit (Singapore) and local management.

• Audit Committee Presentation: Prepare and present key audit findings, risks, and recommended actions to the local Audit Committee or Senior Management team.

• Issue Resolution: Monitor, validate, and report on the status of Management Action Plans (MAPs), ensuring timely and effective remediation of identified control deficiencies.

3. Advisory and Strategic Partnership

• Risk Management: Act as the local champion for the Enterprise Risk Management (ERM) process, supporting local management in identifying, assessing, and mitigating operational and financial risks.

• Process Improvement: Recommend practical and cost-effective improvements to strengthen the control environment, enhance operational efficiency, and drive cost savings within the manufacturing and corporate functions.

• SOP Development: Provide advisory support to local departments for the development and harmonization of Standard Operating Procedures (SOPs).

• Education: Bachelor's degree in Accounting, Finance, or a related field. Professional certification (e.g., CPA, ACCA, CIA, or CISA) is mandatory.

• Experience:

  • Minimum 5-7 years of progressive internal audit experience, preferably gained in a Big Four firm or a multinational corporation (MNC).

  • Mandatory hands-on experience auditing manufacturing and operational environments, including deep knowledge of inventory, fixed assets, and production cycle controls.

  • Experience working independently (sole contributor or minimal team size) and reporting to an overseas Head Office is highly desirable.

  • Strong familiarity with risk management frameworks (e.g., COSO).

• Skills:

  • High proficiency in data analysis tools (e.g., Excel, Power BI/Tableau) and ERP systems (SAP or Oracle experience is essential).

  • Exceptional written and verbal communication skills in English, with the ability to articulate complex audit issues clearly to both operational staff and executive management.

  • Must be self-motivated, highly organized, and possess the integrity and professional skepticism necessary for an independent role.