Division Head of Internal Audit

Job Description:

• Strategic Planning

Develops, establishes, and implements annual strategic plans and objectives for the Internal Audit Division to ensure clear direction, priorities, and alignment with the Company's overall strategy. Ensures that the internal audit function effectively enhances internal control, governance, and risk management across all business units.

• Budget and Resource Management

Oversees and manages the division's operational budget (GOE) and resources efficiently and accountably, ensuring optimal utilization that supports audit objectives and contributes to overall cost efficiency and company profitability.

• Audit Planning

Prepares the Annual Audit Plan using a risk-based approach to ensure audit activities are systematic, focused, and efficient, prioritizing high-risk areas to strengthen internal control, risk management, and corporate governance.

• Audit Execution

Manages and monitors the execution of audit activities according to the approved plan and budget, ensuring audits are conducted based on risk-based methodology and completed effectively within set timelines and resources.

• Audit Reporting and Follow-Up

Oversees the preparation of comprehensive and timely audit reports, including findings, recommendations, and conclusions. Monitors and reports on the progress of corrective actions and follow-ups to the Audit Committee, ensuring effective resolution and continuous improvement in internal control and accountability.

• Performance and SOP Management

Supervises and evaluates the performance of the Internal Audit team to ensure all activities comply with established standards and procedures. Ensures all SOPs remain updated and relevant to business needs and risks, supporting audit quality and operational effectiveness.

• Regulatory and Committee Reporting

Ensures the preparation and timely submission of internal audit and Audit Committee reports to regulators (OJK) in compliance with applicable requirements and internal governance standards.

• People Development

Implements continuous training and competency development programs for all team members to enhance professional capabilities, integrity, and the effectiveness of the internal audit function.

• Performance Evaluation and Coaching

Conducts performance appraisals and provides constructive feedback, coaching, and motivation to team members to foster professional growth and strengthen overall team performance.

• Ethics and Compliance

Ensures that all team members uphold the Internal Audit Code of Ethics and company regulations, promoting a culture of integrity and professionalism throughout the division.

• Coordination with External Auditors

Acts as coordinator for the appointment of Public Accountants and Public Accounting Firms (AP/KAP) across the Avrist Group, including audit fee negotiations, ensuring the selection process is transparent, objective, and compliant with regulatory standards.

• Regulatory Audit Coordination (OJK)

Leads coordination for regulatory inspections (e.g., OJK audits), ensuring timely data provision, accurate reporting, and effective follow-up to maintain compliance and safeguard the company's reputation.

Job Qualification:

Education:

Bachelor's degree (S1) in Accounting; Chartered Accountant (CA) certification preferred.

Experience:

Minimum 8 years of experience as an Internal Audit Manager in a life insurance company, or at least 5 years as a Senior Auditor in a Public Accounting Firm.

Knowledge and Expertise:

Strong understanding of:

• Life Insurance business processes
• Internal Audit practices and methodologies
• Risk Management principles
• ISO 27001:2022 standards
• Microsoft Office (Excel, Word, PowerPoint)

Skills and Competencies:

• Strong analytical and critical thinking skills
• Conceptual and problem-solving abilities
• Leadership and effective communication skills
• Innovative and creative mindset