Position Purpose

Internal Audit Manager will have responsibility for all internal audit functions, oversight of financial governance, business integrity and ethics. Internal Audit (IA) works with its internal business customers to help develop and improve governance, processes, systems, controls and understanding of risks. Responsible for planning, executing and reporting audits, as well providing advice on control and risk issues. The Internal Audit function operates as Wave Money’s independent appraiser, responsible for examining and evaluating business activities and related risk for the purpose of ensuring regulatory compliance, safeguarding company assets and improving its systems of financial and operational controls. In addition, IA will oversee the Company’s Business Integrity Line Program. This position reports to the Head of IA and will provide it with formal assessments of the adequacy of the Company’s internal control environment.

Principal Accountabilities/Responsibilities

• Ensure the approved charter of Internal Audit is followed. Assist Head of IA in executing on its charter as well.
• Assist in developing and presenting the annual audit plan for approval by the audit and risk committee.
• Plan and execute audit mission in line with the annual audit plan includes reviewing and observing operations and activities, interviewing and discussing with the auditee regarding its work process in order to ensure checks and balances and to identify areas of risk and concern in internal controls and procedures.
• Prepare timely audit mission reports and summarizing key findings and recommendations and discuss with auditee in order to obtain action plans with timeframes that address any findings.
• Do follow-up audits to ensure that action plans and the required measures have been implemented within timeframes.
• Assess and test internal controls, present findings and reports for executives and relevant committees for internal control improvement.
• Advise management on governance, processes, systems, controls, and risks mitigation.
• Do some travel in Myanmar to execute audits in the whole of the organization and with partners such as banks, subsidiaries, MFS point of sales etc.
• Execute work taking into consideration internal audit best practices and following Group guiding, and also catering to relevant regulations e.g., from the Central Bank of Myanmar.

Qualifications / Functional Skills/ Knowledge Areas

• Bachelor or master’s degree in accounting, finance or related field
• Association of Chartered Certified Accountant (ACCA) (Affiliate or Partially Completed Part-3), Certified Internal Auditor (CIA) professional certification (or equivalent) is beneficial
• 6+ years of experience for senior manager (SM) position/ 5+ years of experience for manager (M) position (progressively responsible experience in internal and/or external audit environment)
• Experience with Big 4 is highly regarded
• IT audit knowledge would be highly regarded
• Experience of control/audit of reconciliation of volume transactions
• Knowledge of the requirements for effective report writing
• Ability to comprehend and interpret policies, procedures, laws, regulations, and guidelines
• Proficiency in English (both oral & written) for effective verbal and written communications, including active listening skills and skills in presenting findings and recommendations
• Analytical skills and creative problem-solving abilities
• Effective team player and able to work independently