Manager, Internal Audit

Job Description

The Manager, Internal Audit is responsible for coordinating and supervising the activities of the Internal Audit Unit at AirAsia X Berhad. This role ensures that the organization maintains effective and efficient internal control systems to safeguard assets, improve operational efficiency, and ensure compliance with applicable laws and regulations.

Key Accountabilities

• Risk Management & Planning:

  • Assist in the development and implementation of the organizational Risk Management Plan, identifying key risks and working to mitigate them effectively across the organization.

• Audit Planning & Execution:

  • Plan and conduct financial, regulatory, compliance, and operational audits to ensure robust internal controls and compliance with relevant laws and regulations.

  • Lead audits that assess the effectiveness of risk management and control systems.

• Control System Evaluation:

  • Periodically analyze and evaluate the effectiveness of internal control systems to identify potential weaknesses, mitigate risks, and promote a culture of control throughout the organization.

• Performance & Special Audits:

  • Conduct performance audits and special audit investigations as necessary or as requested by an appropriate authority.

  • Provide detailed reports and recommendations based on audit findings.

• Cross-Department Coordination:

  • Liaise with all departments within the organization to ensure effective auditing and timely implementation of corrective actions.

  • Ensure that audit results are communicated clearly and efficiently to management for swift action.

• External Auditor Coordination:

  • Coordinate audit activities with external auditors to ensure comprehensive, transparent, and efficient auditing processes.

• Policy & Procedure Recommendations:

  • Recommend changes in policies and procedures to improve internal controls, compliance, and operational efficiency in alignment with organizational goals.

• Fixed Assets Management:

  • Examine and report on the organization’s fixed assets register periodically to ensure proper asset management and compliance with accounting standards.

• Performance Monitoring & Reporting:

  • Monitor and review the performance of the audit team to ensure continuous improvement and high standards of service.

• Additional Duties:

  • Undertake any other duties or tasks as assigned by the Head of Internal Audit or senior management to contribute to the achievement of AirAsia X’s strategic objectives.

Technical Skills, Abilities & Qualifications

• Experience:

  • A minimum of 9 years of post-qualification working experience in internal auditing or a related field, with at least 3 years in a managerial role.

• Knowledge:

  • Comprehensive knowledge of accounting principles, auditing practices, and generally accepted auditing standards (GAAS).

  • Strong understanding of legal and regulatory requirements, including ESG (Environmental, Social, and Governance) reporting, the Cybersecurity Act, and Anti-bribery and Corruption laws.

• Skills:

  • Results-oriented with excellent analytical, problem-solving, and decision-making skills.

  • Exceptional communication skills (both written and verbal) and the ability to interact effectively with colleagues at all levels.

  • Proficient in advanced computer literacy, including the use of data analytical tools for audits and reporting.

• Qualifications:

  • A Bachelor's degree in a relevant field (e.g., Accounting, Finance, Business Administration).

  • A full professional accounting qualification (e.g., ICA, ACCA, or equivalent).