Head Of Internal Audit

Ref
MAX10152
Consultant
Richard Poulter
Region
Hong Kong
Location
Kwun Tong, Hong Kong
Salary
HK$2M plus
Job Posted
11/04/2024
Type
Permanent
Status
Live

For those with construction careers or related, A major Hong Kong statutory organisation is looking for an energetic, forward thinking Head of Internal Audit to join their team. 

Project Details

This is a departure from our normal construction recruitment as our client is a critical government linked institution and coordinating body established in 2007 to improve the quality and competitiveness of the construction industry sectors and promote good practices.

Our client acts as a communications platform / channel and is empowered to formulate codes of conduct, share knowledge, reflect the industry’s needs, improve labour relations, promote health & safety and sustainable construction and elevate the standards and skills of the industry via funding research and organising vocational training.

Responsibilities and Duties

  • To perform and control the full audit cycle including risk management and control management over client's operation’s effectiveness and compliance;
  • To plan and deliver Audit Reports and documentation according to audit schedule and deadline and carry out presentation to the Audit Committee;
  • To evaluate the effectiveness of major control measures and to provide recommendations to remediate internal control deficiencies
  • To assume the role to independently review the effectiveness of Risk Management and Internal Control owned by management including development of governance plan, risk management activities and maintenance of policies and procedures and provide advice or recommendations;
  • To provide secretariat support to the Audit Committee and implement follow-up actions according to the audit plan provided by the Audit Committee;
  • To report on the progress and results of the audit plan regularly to client's Council, Audit Committee and the management;
  • To monitor follow-up actions in accordance with the audit plan provided by the Audit Committee;
  • To carry out any other duties as assigned from time to time by the Executive Director;
  • The internal audit function should maintain independence and objectivity.
  • The Audit Committee should be notified for concurrence on other duties assigned to the Head of Internal Audit.

Desired Skills and Experience

  • A minimum of 15 years’ post qualification experience in audit, accounting or relevant experience, of which at least 10 years at managerial level;
  • Experience working in a sizeable and or non-government organization, preferably in construction industry, with a demonstrated understanding of the unique challenges and complexities involved;
  • In-depth knowledge of internal audit standards, risk management practices and regulatory compliance requirements and familiar with enterprise risk management concepts, frameworks and tools;
  • Strong leadership and management skills, with a proven ability to build, develop and motivate a high-performing team;
  • Excellent communication, negotiation and interpersonal skills, with the ability to work effectively with stakeholders at all levels of the organization;
  • Demonstrated ability to plan, execute, and manage complex audit projects; with a focus on achieving objectives and delivering value for the organization;
  • High level of integrity and ethical standards, with a commitment to maintaining the confidentiality and independence of the internal audit functions.

Qualifications/Educational Requirements

  • A recognized degree in Accounting, Finance, Business Administration, or a related field;
  • Professional certifications such as Certified Internal Auditor (CIA), Certified Accountant (CPA), or Chartered Accountant (CA);

Employing Company Overview and Profile

Our client is a dynamic organisation that focuses on the construction industry's needs and aspirations as well as providing a communication channel with local Government to solicit advice on all construction-related matters.

This Government organisation is empowered to formulate codes of conduct, administer registration and rating schemes, steer forward research and manpower development, facilitate adoption of construction standards, promote good practices and compile performance indicators.

Additional Benefits Package and Incentives

  • Highly attractive salary, package and benefits
  • Client cares for staff well-being and offers attractive package including annual leave, medical benefits, training support, 'Alternate 4-day Work-week'.
  • The position is on a renewable fixed-term contract, subject to performance and operational needs, for a period of 2 years.

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