Job Description
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We have an exciting opportunity for the Head Of Internal Audit role in an Insurance company. The insurance group has operations in China, Asia, America, and Europe, and has received international recognition through ratings from reputable international rating agencies over the years. The Head of Internal Audit will give assurance to the Board and Executive Management about the sufficiency and effectiveness of internal controls. Manage the implementation of the enterprise risk management process to allow for systematic risk assessment, and creation of risk mitigation measures, as well as risk management tracking and reporting.
Job Requirements:
- Internal auditing expertise of at least 10 years, including at least 5 years in management (insurance or Big 4 exposure preferred).
- Demonstrated ability to lead and manage teams.
- Accounting or Internal Auditing accreditation.
- A comprehension of audit philosophy, procedures, and techniques, as well as a thorough knowledge of risk management and audit concepts.
- Extensive internal auditing experience.
- This role requires fluency in English and Chinese (read, write, and speak).
- Strong stakeholder management abilities and a track record of engaging with CEOs and the Board of Directors.
- Effective communication, persuasion, and report-writing abilities.
- Commercial knowledge and strong business understanding.
- Experience in the insurance sector and/or financial institutions would be beneficial.
- Strong interest in intercultural environments and a solid grasp of them.
Responsibilities
Job Responsibilities:
- Lead the establishment of the annual audit plan.
- Be the primary point of contact for the Group's internal audit activities and auditors, and monitor the adjustments and development plans' fulfillment.
- Manage the completion of audit tasks and examine audit reports; modifies other auditors' reports.
- Schedule and plan audits, as well as initiate project planning, risk assessment, and audit guidance.
- Perform preliminary planning and determine audit guidance, managing the project to quality outputs while adhering to the established time budget.
- Coordinate audit activities, such as plan development and associated reports; examine the correctness of financial data about assets, liabilities, collections, expenditures, and financial activities.
- Keep updated on internal audit policies and practices, as well as recent advancements in the auditing and accounting disciplines and developments in laws and regulations, as needed.
- Responsible for the formulation, implementation, and maintenance of policies, objectives, and short and long-term planning; designs and implements initiatives and programmes to help achieve stated goals.
- Design and conduct internal audit-related workshops for the team.
- Manage risk inside the organisation and ensure the annual compilation of a corporate risk registry.
- Create and implement an internal audit that follows best practises, including policies and strategy.
- Facilitates risk management seminars as needed, identifying and analysing all main risks on an annual basis.
- Incorporate the outcomes of risk assessment into the formulation of the internal audit programme.
- Supervise and execute the risk management plan (e.g. purchase of insurance or other risk financing options, health, and safety measures, business continuity plans).
- Evaluate management's risk response.
- Ensure risk reporting to Administration and the Audit and Risk Committee is acceptable.
Referrals
If you know anyone who may be suitable for the above role, feel free to get in contact with the Mandarin Recruitment team. We will ensure a healthy referral bonus.
About Us
Mandarin Recruitment is a service that helps UK and China businesses & organisations find and source high-quality Mandarin-speaking professionals. We have unparalleled and exclusive channels to the Chinese speaking market, allowing us to be the leading organisation for specialist Mandarin recruitment.





