Tumas Group Internal Audit Overview

The purpose of Tumas Group’s Internal Audit Department is to strengthen the Group’s ability to create, protect and sustain value by providing independent, risk-based and objective assurance, advice, insight and foresight. It is responsible for audits at the different entities within the Group. The Function conducts assurance internal audits (including IT audits), reviews regulatory compliance, as well as performs advisory work on new procedures or business risks.

The Role

Reporting directly to the Head of Internal Audit, the Internal Audit Associate will support the internal audit function in assessing the effectiveness of the Group’s internal controls, risk management and governance processes. The role involves conducting audit testing, preparing documentation, and assisting in reporting audit findings to management to ensure the operations are efficient, compliant and aligned with strategic objectives. The selected candidate will also be involved in conducting follow-ups, spot-checks, ad hoc assignments and investigations, where required. The purpose of the work will be to evaluate and to submit recommendations to improve the effectiveness of governance, risk management and internal control processes across the Group’s operations. The selected candidate will be provided with supervision and on-the-job training.

We are looking for a motivated Internal Audit Associate to join our Internal Audit Department on a full-time basis. Reporting to the Head of Internal Audit, the selected candidate will play a crucial role in conducting internal audit work throughout the Group.

Key responsibilities include:

Planning Stage: Assist in planning and executing internal audit work in accordance with the Annual Audit Plan. Involved in introductory audit meetings, and in drawing up system notes and flow charts.
Fieldwork Execution Stage: Perform detailed audit work, including operational, financial, IT and compliance audits. Collect and analyse data and perform testing to evaluate the adequacy and effectiveness of internal controls, business processes, and risk management systems. Maintain audit working files. Document audit findings, observations and recommendations clearly and accurately.
Reporting Stage: Contribute to the drafting of audit reports that clearly communicate findings, observations, recommendations, and management action plans. Participate in Exit Meetings wherein audit findings and recommendations are discussed, and Auditee’s feedback and timelines are captured.
Follow-up Stage: Support follow-up work to monitor the implementation of audit recommendations and ensure timely resolution of identified issues.
Compliance: Ensure compliance with relevant laws, regulations, and internal policies. Stay updated on industry trends and regulatory changes impacting the property, gaming, and hospitality sectors.
Collaboration: Work collaboratively with other departments to foster a culture of compliance and continuous improvement.
Investigations and Ad hoc Assignments: Assist in work required to address issues which may arise, and which may not have been planned for.
Spot-Checks: Perform surprise inspections as may be necessary.
Flexibility: Be flexible in the duties and work assigned.

Requirements

A degree in Accounting, Finance, Business Administration or a related field.
Strong analytical and problem-solving abilities.
Strong in critical thinking.
Excellent verbal and written communication skills.
High attention to detail and accuracy.
Integrity, professionalism and sound ethical judgement.
Proficiency in data analytics and Microsoft Office Suite.
Ability to work independently and as part of a team.
High level of integrity, objectivity, and professional ethics.

Preference will be given to candidates in possession of the following:

Experience in auditing, risk management or compliance within the property, gaming, or hospitality sectors.
Familiarity with internal audit standards (IIA Standards) and basic risk and control concepts.
Knowledge of relevant laws and regulations in the property, gaming and hospitality industries.

What we offer

Competitive salary.
Opportunities for professional development and continuing education.
An employee discount scheme.
Health Insurance.

About Tumas Group

Tumas Group is a diversified Group of Companies with operations in the hospitality and leisure, gaming, property development and management, transport and energy as well as elderly care. The Group is committed to upholding the highest standards of governance, transparency, and accountability across all its business units.

Tumas Group is an equal-opportunity employer and values diversity in the workplace. All applications will be treated in the strictest confidence. Only shortlisted candidates will be contacted. Applications are encouraged from qualified individuals.

Internal Audit Associate

Job Description