Principal Specialist - Operations Audit

A)     SUMMARY OF RESPONSIBILITIES

The Division objectives are to plan, develop and deliver independent and objective assurance services to the Group Audit Committee (GAC) and Senior Management of the institution’s governance, internal controls and risk management processes mainly through the disciplined planning, implementing and reporting of internal audits conducted on the various audit entities.

The incumbent is required to:

• Assist the Head of Operations Audit and the department in managing and supervising operations/integrated audit jobs throughout the planning, field work and reporting phases within specified deadlines.
• Support the Head of Internal Audit in Division’s activities required by the Senior Management and/or organisation’s operations.
• Lead team and be involved in audits in accordance with the annual audit plan approved by Group Audit Committee.
• Audit observations are to be derived from proper testing, assessment and review of relevant and substantial evidence.
• Develop and/or maintain audit programmes.

B)     KEY AREAS OF RESPONSIBILITIES

• Provide independent and objective assurance in accordance with the Audit Charter and based on “The Standards for the Professional Practice Framework” as prescribed by the Institute of Internal Auditors, BNM Guidelines and any other relevant standards.
• Ensure that all Internal Audit activities are conducted in compliance with regulations, organisation's objectives and policies as well as the Code of Ethics and the acceptable Standards for the Professional Practices of Internal Auditing.
• Aware of and uphold the security responsibilities as stated in the organisation’s Information Security Policy.

Operations Audit

•  Assist the Head of Operations Audit in carrying out internal audit strategies and executing audit plan.
• Lead and participate in operations/integrated audits within PayNet, which include:

a) Plan and manage the execution of operations/integrated audit assignments as per the annual audit plan.

b) Provide appropriate guidance and coaching to the team members in ensuring timely completion of the audit assignments and review work performed by subordinates/team members.

  c) Review and recommend improvement of internal controls and policies & procedures designed to safeguard organization resources, promote organizational growth, and ensure compliance with applicable laws and regulations.

d) Ensure recommendations are clearly presented and agreed to by the management.

e) Prepare audit report on the results of operations/integrated audit assignments and ensure timely issuance of report.

f) Follow-up on all audit recommendations that have been agreed upon by the management and validate adequacy of the action taken by auditee to improve controls.

g) To develop and maintain the audit programmes.

i) Develop and maintain quality audit programs, audit documentation, and participate in internal audit continuous improvement initiatives.

Ad-hoc/Other Assignments

• Participate as an observer in critical activities/processes such as RFP, lucky draws and disposal of assets.
• Perform ad-hoc review or any other assignments/investigations as directed.
• Support Division’s activities as required by Senior Management and/or organisation’s operations.
• Carry out any other responsibilities/tasks as assigned by the Head of Division or Head of Operations Audit from time to time.

C)     QUALIFICATIONS & EXPERIENCE

Minimum Qualifications & Professional Certification 

• Possess Degree in Accounting or Information System or related discipline. A Master’s degree is an added advantage.
• Engage in professional development activities, including completion of a professional certification program CPA/ACCA/CISA/CIA/ISMS Lead Auditor professional certification will be an advantage.
• At least five (5) years of working experience as Financial Auditor in large Public Accounting Firm or Financial Institution.
• Demonstrate competency in performing audits and have the required skills and knowledge necessary to perform an audit. Sound knowledge of IT related matters and accounting principles.
• Demonstrate ability to initiate, plan, executing and complete audit assignment within stipulated timeframe. Also, demonstrate the ability to supervise audits and review work performed by the team members to ensure adequacy of audit scope and testing performed, accuracy of the conclusions reached, and completion of the assignment within the stipulated time frame.
• Demonstrate competency in providing audit report in an appropriate form to intended recipients upon completion of audit works.

Other Additional Requirements

• Good organisational/problem solving/analytical skills particularly in relation to internal controls, security, governance and compliance matters.
• Self-motivated and independent.
• Punctual and reliable, with good time management skills.
• Excellent communication/writing skills; Bahasa Malaysia & English.
• Computer literate – Microsoft Word, Microsoft Excel, Microsoft Powerpoint.
• Experience in ISMS, COBIT, PCI DSS or any other audit framework is an added advantage.
• Familiar with CAATS such as ACL is an added advantage.
• Possess vast industry exposure to be in pace with PayNet’s strategy.