Oversee the execution of IT audits of pertinent IT programs and systems with a focus on ensuring they adhere to all safety, security protocols, applicable rules, and regulations.
Develop a good understanding of the Government ICT environment, key developments and growing trends relevant to Government ICT audits (e.g., control requirements in the Government Instruction Manual on ICT&SS Management, use of cloud computing, greater automation of processes, block chain technology, etc.)
Develop and conduct risk-based internal audits to assess the adequacy and effectiveness of the state of internal control, and provide actionable value-adding suggestions for business process improvements.
Duties and Responsibilities(5) KEY ACCOUNTABILITIES / KEY RESPONSIBILITIES(A) Audit Planning & ExecutionDevelop annual audit plan based on risk assessments.Execute and carry out financial, operational and Compliance audit on targeted group companies Select appropriate testing methods to test transactions, documents & systems.Evaluate evidences, exercise judgement, investigate exceptions and form defensible conclusions.Carry out site visits, perform stock count and process walkthroughs.(B) Internal Controls & Risk:Evaluate the design and effectiveness of internal controls and Standard Operating Procedures of targeted companies Identify control gaps, fraud risks and process inefficienciesMake recommendations for practical and actionable improvements for gaps identified(C) Reporting & Documentation:Prepare complete, accurate and well organised audit working papers and maintain cross references that supports documentations Ensure audit findings can be supported by sufficient, relevant and reliable evidences.Prepare clear audit reports with findings, risks identified and appropriate recommendationsPresent clear, factual, professional and risk-focused findings to the Management(D) Follow up & Improvement:Follow up on audit issues and ensure corrective actions are takenValidate whether the corrective actions have actually addressed the weaknesses identified. Report status of tracking of corrective actions and remediation workEscalate overdue or ineffective actions through the established governance channels. Provide advices to Departments on best practicesProvide necessary support for process improvement initiatives(E) Compliance & Special Assignment:Ensure respective companies within specified regions adhere to company policies, Accounting Standards, Company Act and relevant local regulations, when applicable.Conduct Ad hoc investigations for whistleblowing or fraud cases Liaise with external auditors as and when requiredKeep up-to-date with the latest accounting and auditing standards, as well as regulatory developments relevant to the profession.
Examines records of departments and interviews workers to ensure recording of transactions and compliance with corporate policies, applicable laws, and regulations.
Oversee the execution of IT audits of pertinent IT programs and systems with a focus on ensuring they adhere to all safety, security protocols, applicable rules, and regulations.
Audit against MAS expectations – assess clients’ technology and cyber risk practices against the MAS Technology Risk Management (TRM) Guidelines and relevant Notices (e.g. MAS Notice 655 / Cyber Hygiene), identify gaps, and judge what regulators will care about
Seeking for Auditors with minimum 2 or 3 years of Audit exposure working in Commodities Trading Sector (Open to External Audit candidates auditing Commodities industry)*