Vice President of Internal Audit

I. Position Overview
The Vice President of Internal Audit is a senior management position within a company. The primary responsibility is to develop internal audit strategy, coordinate internal control, financial audit, operational review, and risk assessment, ensuring that the company's operations comply with internal management systems and applicable laws and regulations.
This position typically reports to the Audit Committee or Board of Directors and collaborates with the CEO, CFO, and various business units to drive continuous improvement in internal governance, risk control, and management processes.
II. Key Responsibilities
1. Internal Audit Planning: Develop annual internal audit plans and long-term audit strategies.
Determine audit priorities and scope based on the company's risk profile.
2. Financial Audit Management: Review financial records, accounting processes, and financial reporting.
Evaluate the accuracy of financial data and the effectiveness of internal controls.
3. Internal Control Assessment: Examine the company's internal management systems and control processes.
Identify control deficiencies and propose improvement recommendations.
4. Operational Risk Review: Assess potential risks and management loopholes in business operations.
Review key business processes and resource utilization efficiency.
5. Compliance Auditing: Examine whether the company's business activities comply with applicable laws and regulations and internal policies.
Coordinate with relevant departments to implement compliance rectification requirements.
6. Audit Reporting & Remediation: Prepare audit reports and report to management or the audit committee.
Tracking the progress and effectiveness of audit issue rectification.
7. Audit Team Leadership: Lead the internal audit team, develop work standards and training plans.
Manage audit resources, project schedules, and departmental budgets.
III. Qualifications
1. Education: Bachelor's degree or above in accounting, auditing, finance, economics, or business administration.
CPA, CIA, CISA, or MBA qualifications are preferred.
2. Professional Experience: Over 20 years of experience in internal auditing, financial auditing, or risk management.
Over 5 years of experience in audit team management or senior management.
Familiar with corporate internal controls, audit processes, and risk assessment systems.

Skills
Accounting, Auditing, Risk Management

Experience
20+ yrs

Work arrangement
Yes