Sumitomo Corporation Asia & Oceania Job Advert
Job Title Intern for Internal Audit Office
Location Singapore
The Internal Audit (IA) Office performs audit of SC Group companies/affiliates in the Asia & Oceania region, with the primary objective of assessing the effectiveness and adequacy of internal controls design and implementation to mitigating risks; and providing suitable recommendations to address any gaps identified.
As an IA Intern, you will have the opportunity to participate in at least one overseas internal audit project, and experience the full internal audit process from planning to execution and reporting. Due to a wide audit scope, the intern may gain insight to a varied array of audit/risk areas (e.g. Credit risk, FX risk, Finance, Accounting, Legal, HR, IT, etc.), as well as insights to the target auditee’s industry, business and operations.
Your Role
- Support the Audit Team in the planning, executing, and reporting phases of IA Project(s) as assigned
- Conduct research on the auditee’s business environment; country, industry, business model, etc.
- Assist with the audit planning process including considerations around compliance and business risk, amongst others.
- For overseas audit project assigned, participate in the full audit process [Note 1].
- Timely execution of audit work program under the guidance of senior members.
- Collate evidence and data on areas relevant to audit for analysis and reporting purpose.
- Administrative duties as assigned.
- Perform Ad-hoc Projects
- Under guidance, execute projects to improve the effectiveness/efficiency of IA Office’s audit processes.
- Initiate studies and proposals for projects towards the betterment of the IA Office and SCAO Organisation.
[Note 1]
In participation of overseas audit project, the Intern will get to experience the full audit process, which includes:
- Meetings and interviews to understand the stakeholder’s business, operating strategy and critical processes functions within each department, including system and process design.
- Identify and understand existing risks, and evaluate if the control system and design adequately address those risks.
- Review of evidences to validate if the controls were well implemented and executed as intended.
- Identify opportunities for improvement, and risks present but unaddressed by existing control systems and processes.
- Provide suitable recommendations/solutions to address control gaps and/or improvement opportunities, and present to stakeholders.
Preparation of draft reports and audit documentation.
Essential Skills
- Analytical thinker with strong conceptual and problem-solving skills. Logical thinking analysis is required.
- Good communication skills, both verbally and in writing (English). Able to clearly articulate thought process and key points to audiences.
- Possess strong initiative and self-motivation with good learning mindset.
- Able to work independently and within a team to complete project assignments within deadline.
- Willing to travel overseas for audit assignments (travel period: 5-14 days) within Asia.
We are seeking applicants who have a desire to adapt and learn the multiple businesses within SCAO, which will help develop an interdisciplinary perspective. Selected candidate will work with the audit team and learn the business processes and risks of the company’s operations, gaining valuable and practical experience beyond the academia.
About Us
Sumitomo Corporation Asia & Oceania Pte. Ltd. (SCAO) is a leading integrated trading company with an international presence comprising 27 offices across 14 countries in the region. Our businesses span diverse industries such as metal and tubular products, transportation and construction systems, environment and infrastructure, food, materials, real estate, media, lifestyle, mineral resources, energy, chemicals and electronics. We are an integral member of the Sumitomo Corporation Group, a key player in the global exchange of goods, services and technology. As part of a multinational corporation ranked in the Fortune Global 500, our global trading and investment activities are supported by a worldwide network of over 800 group companies at 131 locations in 66 countries.
For more information on Sumitomo Corporation, visit: http://www.sumitomocorp-scao.com/
Your Application
To be considered for this role, please apply via NUS TalentConnect portal.