Reporting to the Chief Financial Officer, we are looking for a dynamic leader to lead an experienced team of auditors to partner with each of the businesses across the Cathay Group including the subsidiaries and HK Express in providing value-adding and practical “can do” advice by ensuring internal audit plan addresses key concerns and risks are mitigated effectively.
You will be assisting the Board, the Audit Committee and Executives to protect the assets, reputation and sustainability of the Group by providing risk-based, top down, bottom up audit approach to evaluate and to improve the adequacy, integrity and effectiveness of risk management, compliance, internal control and governance processes and systems across the Cathay Group and its operations.
You will provide independent, objective, assurance and consulting services on assessing the key initiatives and activities in achieving the Group’s strategic and business objectives as well as enhancing the Group’s “Three Lines of Defence” governance framework and promoting “ownership, agility and collaboration” behaviours.
- Establish a continuous and effective working relationship with the Audit Committee, Executives and Senior management and build business partnership collaboration with stakeholders by providing value-adding recommendations that best meet the Group’s commercial, financial and strategic roadmap;
- Responsible for developing and implementing a risk-based, top-down and bottom-up three year audit plan based on assessing the design and effectiveness of the Group’s key financial and operational and IT controls; ensuring the audit plan is dynamic and is reassessed regularly to accommodate specific events or changes in the structure or risk profile of the Group, as well as ad hoc requests from the Board, the Audit Committee or Senior Management;
- Present the status updates of the audit reviews, remediation status progress and key audit related programme matters in the Audit Committee meeting periodically;
- Act as a role model promoting a positive control governance culture such that internal audit, whilst remaining independent, is seen as a strategic business partner and a trusted adviser;
- Recruit, develop and lead the GIA team with appropriate skills, experience and values to support the growth and overall success of Group’s commercial and strategic roadmap and to improve the effectiveness of risk management and internal control governance processes and systems across the CX Group including the subsidiaries and HKE;
- Establish quality control procedures such as Internal Audit Manual to guide internal audit activities and ensure that established standards and practices are followed, including the Standards for the Professional Practice of Internal Auditing issued by the Institute of Internal Auditors (“IIA”);
- Develop a customer-centric, digital-enabled and sustainability-conscious mind-set in audit recommendations and promote a “thoughtful and can-do” culture in conducting the audit reviews with practical insights;
- A standing invitee at the CX and Board Risk Management Committee, providing an update to each meeting and working closely with risk management to ensure alignment of activities and to enhance the Group’s “Three Lines of Defence” governance framework;
- To be responsible and accountable for managing and monitoring the annual budget for Group Internal Audit
- Degree from reputable institution and professional auditing qualification such as CIA, CA, CPA or equivalent designation
- Minimum 15 years, of which 10+ years in managerial capacity and preferably with broad internal and external Audit experience in internationally recognized accounting firms or in-house roles
- Experience in the aviation industry is not essential, but is an advantage
- High energy level and strong work ethic with a commitment to continuous improvement and exceeding expectations in a dynamic and changing environment
- Strong leadership and analytical skills, ability to work independently and in a matrix and at times remote environment
- Strong interpersonal, communication and presentation skills, managerial courage, and able to deal with ambiguity
- Experience of working with Boards, Executive Committees and senior stakeholders, with a reputation for intelligent and independent thought, sound judgement and mature presentation
- A team leader who is a self-starter, independent and able to meet tight schedules
- Impeccable integrity, commanding respect and trust of stakeholders
- Fluent in writing and speaking in English. Written and spoken Chinese would be an advantage but is not essential
- Appx. 20% travel requirement
Personal & Application Information
Cathay Pacific is an Equal Opportunities Employer. Personal data provided by job applicants will be used strictly in accordance with our personal data policy and for recruitment purposes only. Candidates not notified within eight weeks may consider their application unsuccessful. All related information will be kept in our file for up to 24 months. A copy of our Personal Information Collection Statement will be provided upon request by contacting our Data Protection Officer.
Please note that with effect from 1 June 2022 onwards, all Cathay employees and contractors who work in Cathay City and all other Cathay Group Company premises in Hong Kong must have received a third dose of COVID 19 vaccine. Being tested regularly for COVID-19 is not an option. Consideration will be given to those who are unable to get vaccinated for valid medical reasons.