head of Internal AuditXendit

The Role
The Head of Audit is expected to provide a comprehensive and independent internal audit function which assists the Board Audit Committee and Management to discharge their corporate governance responsibilities through independently reviewing and testing the adequacy of design and operational effectiveness of Xendit's systems of internal control and risk management systems. As the Head of Audit you will be proactively identify and recommend areas for improvement across the Xendit's operational, governance, and risk and control frameworks; while ensuring a robust audit approach is consistently applied, including the development and implementation of audit techniques, with the view to maintaining Institute of Internal Auditors Quality standards.
Primary Responsibilities
Develop annually a risk-based internal audit plan for Audit Committee review and approval.
Oversee the implementation of the approved plan, ensure proper resourcing for implementation of the plan, and adjust the plan as needed in response to changes in Xendit's business risks, operations, programs, systems and controls.
Keep senior management and Audit Committee apprised of any changes needed to the internal audit plan.
Accountable to the board of directors or audit committee on all matters related to the performance of its mandate as provided in the internal audit charter.
The head of the internal audit function shall submit a report to the audit committee or board of directors on the status of accomplishments of the internal audit unit, including findings noted during the conduct of the internal audit as well as status of compliance of concerned departments/units;
Ensure that the internal audit function complies with sound internal auditing standards such as the Institute of Internal Auditors' International Standards for the Professional Practice of Internal Auditing and other supplemental standards issued by regulatory authorities/government agencies, as well as with relevant code of ethics;
Develop an audit plan based on robust risk assessment, including inputs from the board of directors, audit committee and senior management and ensure that such plan is comprehensive and adequately covers regulatory matters. The head of the internal audit function shall also ensure that the audit plan, including any revisions thereto, shall be approved by the audit committee; and
Ensure methodical documentation of work plans, testing results, conclusions and recommendations. Ensure follow up on findings and corrective actions.
Design and Implement improvements in the management of the Audit Team
Provide technical assistance with investigations, special audits, and provide subject-matter expertise as needed
Coordinate closely with Compliance, Risk and Legal Teams
Perform other duties appropriate to the position that may be assigned from time to time
Work Experience
At least 7-8 years of experience in Operations, Financial, IT Audit and must be from banking and financial services industry.
Proven experience in leading a full-audit cycles in the financial services industry
Knowledge and Competencies
Demonstrate appropriate leadership and have the necessary skills to fulfil responsibilities for maintaining the unit's independence and objectivity;
At least 4 year college degree major in Accountancy
Must be a Certified Public Accountant
Must have strong understanding and knowledge of:
Auditing / Internal Auditing Standards/ IT Audit
Risk and Internal Controls and procedures surrounding all financial, operational and information systems and processes
Essential Skills
Ability to pay strong attention to details and deliver work that is of a high standard
Ability to work in a self-directed and remote environment.
Ability to assess risks across all facets of the Xendit's operations including expert / specialist departments (Information Technology, Compliance, Risk Management) and across broad operational departments
Excellent analysis and problem-solving skills.
Excellent demonstrated organisational skills, including time management, record keeping, self-scheduling, and follow-up.
Demonstrated ability to handle multiple priorities in a dynamic environment.
Xendit

Manila City, Metro Manila
Permanent
Full-time