Internal Audit Executive

About the role

Join the team at Southern Steel Berhad as an Internal Audit Executive. This full-time position is based in Perai, Penang, and will play a key role in ensuring the company's financial and operational integrity. As an Internal Audit Executive, you will be responsible for conducting comprehensive audits, identifying areas for improvement, and providing valuable recommendations to management.

What you'll be doing

Provide independent and objective assurance

• Determine objectives and scope of internal audit engagements based on risk assessments and established internal audit framework
• Assist in formulating the annual-risk based audit plan and carry out the audit activities towards fulfilling the audit plan
• Perform analytical review and risk-control assessments to identify areas of audit focus for each assignment
• Review and enhance the audit approach and test strategy for assigned audit projects to ensure all key business risks and controls are evaluated
• Attend audit exit meeting with management at the conclusion of the audit, highlighting control deficiencies and recommending corrective actions and value-added business opportunities
• Assist in identifying information technology threats and fraud risks and impact
• Assist in facilitating the maintenance of the corporate governance framework and promoting ongoing conformity with the applicable Bursa Malaysia Listing Requirements
• Assist in following-up reviews to ensure adequacy and timeliness of corrective actions

Enhance and protect organizational value by providing advice and insight

• Assess the Group and its Operating Companies against the control framework of the Group to determine how well the business is complying with the Standard Operating Procedures as well as rules and regulations
• Review, challenge and improve the Enterprise Risks of the Operating Companies in line with the Group’s overall strategy and objectives
• Identify value-added business opportunities through enhancing the utilization of resources, streamlining of processes, improving productivity/profitability, cost of reduction and risk mitigation
• Review business insights to focus on value-added opportunities or high-risk areas
• Evaluate quality of business process recommendations for improvements to internal control frameworks
• Identify opportunities to leverage data analytics and business intelligence tools and methods to obtain business insights for enhancing organizational value
• Serve as a Group resource, participating in audit assignments as required
• Evaluate potential impact of changes and IT developments on business

Conform with professional standards

• Support the team to comply with the Quality Assurance and Improvement Program (QAIP) planning, execution and reporting
• Assess the internal audit function's conformance to The Institute of Internal Auditors' (IIA) Code of Ethics
• Implement processes to ensure professional standards are adhered to
• Implement processes to ensure internal audit engagements are executed in accordance with the International Professional Practices Framework (IPPF)

What we're looking for

• Bachelor's Degree in Accounting, Finance, Business Administration, or a related field.
• Minimum 3 years of experience in internal auditing or a similar role
• Professional certifications (e.g., CIA, CPA, ACCA) are highly desirable.
• Strong knowledge of internal auditing standards, risk management, and governance practices.
• Strong analytical and problem-solving skills with attention to detail
• Excellent communication and report-writing skills
• Knowledge of relevant laws, regulations, and industry standards
• Ability to work independently and as part of a team

Apply now for the Internal Audit Executive position at Southern Steel Berhad.