- Reporting to CFO
- Workplace: 33 Mac Dinh Chi, Dist. 1, HCMC
- Work hour: Mon-Fri
ROLE OBJECTIVES:
The Internal Audit & Compliance Manager involves identifying and mitigating risks, ensuring compliance with laws and internal policies, and planning and executing audits to improve operational efficiency. This role is responsible for detecting and preventing fraud, managing crisis to ensure business continuity. Additionally, this role develops business continuity plans to prepare for potential disruptions.
ACCOUNTABILITIES:
Risk Assessment and Mitigation
- Manage the risk management framework.
- Identify and evaluate potential risks to the organization, including operational, financial, regulatory, and reputational risks.
- Develop and implement risk mitigation strategies.
- Collaborate with cross-functional teams to ensure that risk management practices are integrated into business processes
- Conduct regular risk reports to the EXCOM.
Compliance Monitoring and Enforcement
- Monitor compliance with internal policies, procedures, and applicable laws and regulations.
- Conduct regular audits and assessments to ensure adherence to compliance standards.
- Develop and implement corrective action plans to address compliance deficiencies.
- Educate employees on compliance requirements and promote a culture of compliance within the organization
Internal audit Planning, Execution and Reporting
- Develop and execute an annual Internal audit plan that aligns with organizational goals and risk priorities based on ISO standards, ESG standards.
- Coordinate with internal and external auditors to ensure effective and efficient audit processes.
- Analyze audit findings, identify root causes of issues, and recommend corrective actions.
- Present audit results and recommendations to EXCOM
- Prepare and present regular reports on internal audit activities
- Develop key performance indicators (KPIs) to measure the effectiveness of internal audit practices and identify areas for improvement.
- Ensure transparency in internal audit reporting, providing stakeholders with clear and accurate information
Fraud Detection and Prevention
- Design and implement fraud detection and prevention programs to safeguard the organization’s assets and reputation.
- Conduct investigations into suspected fraudulent activities and report findings to appropriate authorities.
- Implement internal controls to prevent and detect fraud, including regular monitoring and analysis of financial transactions.
- Educate employees on fraud risks and promote awareness of ethical behavior and reporting mechanisms
Business Continuity Planning
- Develop and maintain a business continuity plan to ensure the organization can continue operations during and after a significant disruption.
- Conduct business impact analyses to identify critical functions and resources that must be maintained during a disruption.
- Coordinate with other departments to ensure that business continuity plans are comprehensive and actionable.
- Test and update the business continuity plan regularly to address changes in the organization’s operations, technology, or risk
Governance Framework Management
- Develop, implement, and maintain the organization’s governance framework aligned with regulatory requirements and best practices.
- Establish clear roles, responsibilities, and decision-making structures across the organization.
- Ensure effective oversight mechanisms are in place through committees, policies, and reporting lines.
- Promote transparency, accountability, and ethical conduct throughout all levels of the organization.
- Regularly review and update governance policies to reflect organizational and environmental changes.
