Assistant Manager - Internal Audit

About GMG

GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, everyday goods, health and beauty, properties and logistics sectors. Under the ownership and management of the Baker family for over 45 years, GMG is a valued partner of choice for the worlds most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands across 12 countries. These include notable home-grown brands such as Sun & Sand Sports, Dropkick, Supercare Pharmacy, Farm Fresh, Klassic, and international brands like Nike, Columbia, Converse, Timberland, Vans and The North Face.

Key Responsibility:

• Conduct Internal and Retail Audits across the Group as per the Annual Audit Plan to assess and review:

  • The reliability and integrity of financial and operational information.

  • Compliance with internal policies, procedures, standards, and relevant laws and regulations.

  • Risks associated with business operations and the safeguarding of assets.

  • The adequacy and effectiveness of the Groups internal control systems.

• Assists in developing, formulating and implementing tailor-made Audit programs and audit tools and methodology for the Group and its entities that test key business processes and controls.

• Ensures establishing work schedule timeline, performance evaluation and variance criteria for each scheduled audit assignment.

• Conduct and leads audit assignments in line with the Internal Audit plan and within budgeted time in a professional manner, adopting the best audit practices and appropriate audit techniques.

• Conducting interviews with stakeholders, reviewing documentation and preparing working papers.

• Identify key risks, especially fraud risks and controls in place to address those risks.

• Ensures completion of audit assignments within the allotted timelines.

• Provides frequent updates about the status, key concern areas observed during audit execution periodically.

• Prepares draft reports and discusses the result of the review with related Business / Department Heads.

• Prepares/reviews quarterly progress reports on planned audits and implementation of corrective actions.

• Assists in establishing internal audit guidelines, policies and procedures in accordance with Professional Auditing Standards and international Best Practices.

• Conduct follow up audits to ensure timely closure of audit issues as per audit recommendation.

• Conduct investigation and interviews for ad-hoc reviews and loss prevention incidents.

• Defines goals and key performance indicators for each member of the team and ensure effective implementation of the GMG performance management process.

• Develops talent within the team by providing guidance and coaching to achieve the defined goals.

• Drives a culture of feedback and coaching in the Department by providing feedback on an ongoing basis, identifying development needs and coaching the employees in the areas of improvement.

 Qualifications and Skills:

• Bachelors degree in Business Administration, Finance, Chartered Accountancy, or equivalent.

• Certified Internal Auditor (CIA) or equivalent certification.

• Minimum 4 years of experience in Internal Audit, with at least 1 year in a similar role (retail industry experience preferred).

• Strong knowledge of internal audit processes, tools, and methodologies.

• Proficient in risk assessment techniques and corporate finance.

• Familiarity with international accounting standards.

• Sound understanding of professional auditing standards.

• Knowledge of relevant local, regional, and global regulatory frameworks.

Information :

• Company : GMG
• Position : Assistant Manager - Internal Audit
• Location : Kuala Lumpur, Kuala Lumpur
• Country : MY