Internal Audit and Compliance Principal - China and NEA

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Job Purpose:

The Internal Audit and Compliance Principal is responsible for evaluating and improving the effectiveness of the risk management, internal controls, compliance and governance processes in the Asia region. They conduct audits of financial records, operational processes, and compliance with applicable laws and regulations and conduct training sessions.

Key Responsibilities:

1.  Audit Plan Development

- Develop audit plans based on risk assessments and organizational priorities.

- Coordinate with management to schedule and execute audits.

2.  Internal Controls Assessment

- Evaluate the adequacy and effectiveness of internal controls across various departments.

- Identify weaknesses in internal controls and recommend improvements.

- Ensure that financial reporting practices adhere to internal policies and regulatory standards.

3.  Risk Management

- Assess the organization's risk management strategies and identify areas of significant risk exposure.

- Identify, evaluate, and report on potential risks that could affect the organization’s compliance with legal and regulatory obligations.

- Assist in the development and implementation of risk mitigation strategies and policies.

- Monitor the implementation of corrective actions to manage identified risks.

- Provide training on relevant topics and policies.

4.  Compliance Audits

- Conduct audits to ensure compliance with legal and regulatory requirements.

- Review the organization's adherence to and awareness of internal policies and procedures.

- Develop and implement compliance testing procedures to assess the effectiveness of the company’s internal controls and compliance policies.

- Recommend enhancements to compliance frameworks where necessary.

5.  Financial Audits

- Conduct audits of financial records, ensuring accuracy, integrity, and compliance with accounting standards.

- Analyze financial data to identify errors, fraud, or areas of concern.

6.  Fraud Detection and Prevention

- Identify and investigate potentially fraudulent activities or financial irregularities.

- Work with forensic auditors or external consultants when necessary to resolve complex fraud cases.

- Assist in the development of anti-fraud programs and employee training.

7.   Investigations

- Investigate financial discrepancies, fraud, embezzlement, and misconduct in accordance with legal standards.

- Gather and analyze financial data, documents, emails, and other records related to suspicious activities.

- Interview employees, witnesses, and suspects to gather information relevant to investigations.

8.  Reporting

   - Compile audit reports summarizing findings, conclusions, and recommended improvements.

   - Present audit results to management and other stakeholders.

   - Follow up on audit recommendations to ensure they are implemented effectively.

Qualifications and Skills:

Education:

  - Bachelor’s degree in Accounting, Finance, Business Administration, or a related field (required).

  - Certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), Certified Fraud Examiner (CFE), Certified Forensic Auditor (CFA), or similar qualifications (preferred).

Experience:

  - 3-6 years of experience in internal auditing, compliance, fraud investigation, risk management, or a related field.

  - Experience with data analysis tools and auditing software.

Skills:

  - Strong analytical, problem-solving, and critical-thinking skills.

  - Proficiency in accounting and financial reporting standards.

  - Excellent communication and presentation skills.

  - Detail-oriented with strong organizational and time management skills.

  - Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and auditing tools.

  - Legal, antitrust or compliance skills, experience or training preferred but not required.

Other:

  - Ability to work independently and as part of a team.

  - High ethical standards and integrity.

  - Willingness to travel as required for audit assignments.

All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.