Head of Internal Audit

About Valiram

Valiram is a retail company founded in 1935. The company has expanded to become a global retail industry with 520+ locations in 10 different countries. By 2027, we will be more than doubling our size to 1200, with an expected 5,500+ employees under Valiram Group. Learn more about us at www.valiram.com

Valiram Brands:

• Beauty (Victoria’s Secret, Bath & Body Works, Rituals, Molton Brown)
• Fashion (Michael Kors, Steve Madden, Tory Burch, Chloe, MLB Korea, Giuseppe Zanotti, Charles & Keith, Pedro etc)
• Accessories (Swarovski, Mont Blanc)
• Travel Retail (Hermes, Bvlgari, The Flying Emporium, Coach, Polo Ralph Lauren, Lacoste, Beaute Love, Ion Gizmos, Candy Party, Wear + When, Tumi)
• F&B (Bacha Coffee, Quivo, Godiva, TWG Tea, Laderach, Candy Party)
• Watches (Swiss Watch Gallery, Tudor, Rolex, Cartier, Tissot, Zenith, Bell & Ross, Breitling, Blancpain, Omega)

Our Culture:

We celebrate diversity with 32 nationalities spread across our team. To embrace this diversity, we celebrate the various festivities all year round such as Hari Raya, Malaysia Day, Chinese New Year, Deepavali and Christmas.

You can engage in various activities monthly including badminton, hiking, running and language class and meet other employees from across our brands and head office. All activities are free of charge!

Position Summary

Responsible for overseeing and managing the internal audit function within the organization. This role involves developing and executing a comprehensive audit plan, ensuring compliance with regulatory requirements and internal policies (SOPs), and assessing risk management processes. The role will lead a team of auditors, provide strategic recommendations to enhance operational efficiency, and report audit findings and progress to senior management and Directors. It is required for this position to have strong analytical skills, a thorough understanding of auditing standards, and the ability to communicate complex issues effectively. The position is also tasked to oversee the Process & Compliance activities for the business.

Key Responsibilities Area

• Audit Planning and Execution: Develop and manage the internal audit plan, ensuring comprehensive coverage and alignment with organizational objectives.
• Risk Assessment and Compliance: Identify key risks, assess their impact, and ensure adherence to relevant laws, regulations, and internal policies.
• Reporting and Communication: Prepare and present clear audit reports and findings to senior management and Directors, effectively communicating recommendations.
• Team Leadership and Development: Lead, mentor, and develop the internal audit team, focusing on performance management and professional growth.
• Process Improvement: Evaluate and recommend enhancements to internal controls and processes based on audit findings to improve operational efficiency.
• Review the monthly & quarterly Store Retail Excellence reports and identify areas of non-compliance requiring escalation to senior leadership team for improvement on future scores.
• Review new and existing Standard Operating Procedures (SOPs) of the organization when necessary.

Position Specification

Education

• Minimum a bachelor’s degree or equivalent in related field.
• MIA/CPA/CIA/ACCA/CISA, or equivalent professional certification is encouraged to apply.

Personal Experience

• At least 10 years of experience in internal auditing, including substantial experience in managing audits for international entities
• Preferably from Retail Industry and experience

Personal Attributes

• Understanding of the regulations and reporting requirements.
• Excellent communication and interpersonal skills, with the ability to work effectively across diverse cultures and regions.
• Strong execution skills with the focus on timely completion of tasks which includes planning, organizing and prioritizing with strong attention to detail.
• Strong quantitative and qualitative research and analytical skills.
• Experience auditing IT general and application controls or commercial experience from logistic, transportation and retails industries are preferred.
• Confident, resourceful, analytical, attentive to details, team player and innovative.
• Proficient in Microsoft Excel, Word and Power Point.

Languages

• Fluent in English and Bahasa Malaysia both in written and spoken. Ability to speak other language is an added advantage.

Why work for us?

We're more than just a job; we're a place where you can develop your skills, collaborate with a fantastic team, and have fun along the way! Here's why you'll love working with us:

Level Up Your Career:

• Upskill at Your Pace: Our comprehensive online training platform offers courses in communication, leadership, Excel, and more – investing in your growth.
• Proven Development Track: Last year alone, we conducted 150 trainings and empowered 65% employees to develop their skills and competencies, paving the journey to career growth and advancement.

Fun & Vibrant Workplace:

• Engaged & Connected: We host numerous employee engagement activities like V-Club to build connections and a strong sense of community.
• Celebrate Together: We value cultural traditions and celebrate major national festivals with the whole team!
• Express Yourself: Enjoy the freedom of a fashionable dress code.

Rewarding Benefits:

• Shop Like an Insider: Employees can enjoy staff purchase discounts up to 30% for all the brands we cover, as well as friends & family sale annually.
• Life Balance & Support: We offer a comprehensive benefits package including Birthday Leave, Hospitalization Leave, Study Leave, Calamity Leave, Compassionate Leave, Maternity/Paternity Leave, and Marriage Leave, to support you throughout life's stages.