Internal Audit Director - Internal Audit Office

The University is inviting applications from seasoned internal audit and advisory professionals to lead the University's Internal Audit Office (IAO). IAO provides an independent and objective assurance on the effectiveness of the University's governance and internal control framework adopted for all processes. In addition to assurance reviews, IAO also assists the University management to prioritize and perform business advisory reviews to identify opportunities and provide actionable recommendations to streamline the University's processes for efficiency improvement. The Director will report administratively to the President and work closely with the Vice-President for Administration and Business, and will also report to the Audit Committee of the University Council to ensure independence of internal audit functions. The appointment will be on contract terms of 2 to 3 years, renewable subject to mutual agreement.

Responsibilities

Develop a rotational risk-based audit work plan covering all critical processes and high-risk areas of the University for endorsement by Senior Management and approval by the Audit Committee, and ensure approved assignments are implemented as scheduled; Provide professional leadership to the internal audit team and outsourced consultants to deliver assurance as well as value-added reviews; Conduct audits of financial, operational and compliance activities to identify areas for improvement, make constructive recommendations, and report control deficiencies, non-compliance, potential fraud, loss, error, or inefficiency to the Audit Committee and Management; Compile clear and concise audit reports, summarize findings, implications and recommendations, and perform follow-up audits; Manage, on behalf of the Audit Committee, the policy, process and investigations in relation to Whistleblowing; Coach and develop the internal audit team to adopt best industry practice and keep up to date with professional standards, regulatory requirements and technological advances, including data analytics; Serve as the Secretary of the Audit Committee of the University Council; Work in partnership with the University's Legal Office on regulatory compliance related activities; Perform other internal audit duties as assigned by Senior Management and the Audit Committee

Requirements

Recognized university degree; Professional qualification in accounting or internal audit; 15+ years of internal audit and business advisory experience; At least 10 years of leadership experience in sizable organizations known for best practices; Good command of written and spoken English and Chinese; Knowledge of management information systems, computer-based accounting systems and data analytics

Nice to have

Familiarity with, and experience working in or advising, higher education institutions; Excellent leadership, interpersonal and communication skills with service efficiency and a proactive mindset; Strong business acumen and management capability; Flexibility to adapt to a changing environment

Benefits

Competitive remuneration; Generous fringe benefits, including housing where appropriate; Gratuity payable upon successful completion of contract