Internal Audit

Annual Audit Planning & Risk-Based Audit Program

• Develop and maintain NS Square's annual internal audit plan by conducting a structured, risk-based assessment across all business units and spaces and facilities, translating identified risk priorities into a practical audit program that informs the CEO's and Board's governance oversight.
• Conduct an annual organization-wide risk assessment to identify and prioritize audit focus areas across all business units and operational functions, drawing on risk registers, management inputs, regulatory developments, and prior audit findings to ensure the audit program targets the areas of greatest risk.
• Develop the annual internal audit plan including scope, objectives, timing, and resource allocation for each planned audit engagement and present the plan to the CEO for approval, incorporating feedback before finalizing and communicating the approved program to relevant stakeholders.
• Actively contribute to NS Square's broader risk management and governance strategy by providing structured, evidence-based audit inputs that inform executive and Board-level decision-making on organizational risk priorities, control investments, and compliance posture.
• Review and update the audit plan on a rolling basis throughout the year in response to emerging risks, material operational changes, or CEO and Board direction, ensuring the program remains relevant and aligned with the organization's evolving risk profile.

Audit Engagement Execution & Fieldwork Management

• Lead the end-to-end execution of individual internal audit engagements from scoping through to fieldwork, evidence evaluation, and finding validation, ensuring every audit is conducted to professional standards, completed within the agreed timeframe, and produces reliable, well-supported conclusions.
• Prepare detailed audit engagement plans for each approved audit, defining the audit scope, objectives, key risk and control areas, fieldwork methodology, and timeline, and communicate these to relevant auditees ahead of fieldwork commencement.
• Execute audit fieldwork across assigned business units and operational areas including process walkthroughs, document review, data analysis, interviews, and control testing gathering sufficient, appropriate evidence to support each audit conclusion in accordance with the IIA Standards and the organization's audit methodology.
• Validate audit findings with relevant management representatives during fieldwork, ensuring all identified issues are accurately characterized, fairly presented, and supported by documented evidence before being included in the draft audit report.
• Manage the audit engagement timeline and own workload proactively, identifying scope or resource constraints early and escalating material changes to the CEO with a recommended course of action and revised timeline.

Internal Controls Assessment & Management Advisory

• Assess the design adequacy and operating effectiveness of NS Square's internal control environment across all business units and functions, and provide structured, actionable advisory inputs to management that strengthen controls, reduce operational risk, and contribute to the development of improved control policies and processes across the organization.
• Evaluate the design and operating effectiveness of key internal controls across financial, operational, compliance, and governance processes for each audited area, clearly distinguishing between control design deficiencies and operating failures in audit conclusions and recommendations.
• Provide management with practical, risk-proportionate recommendations for control improvements, framing each recommendation in the context of the specific risk it addresses and the operational feasibility of implementation for the relevant business unit or function.
• Contribute to the development of new or enhanced internal control policies and process frameworks for audited areas, working collaboratively with relevant senior management to design controls that are effective and appropriate for NS Square's operating model.
• Conduct targeted follow-up reviews of previously identified control deficiencies to assess whether agreed management actions have been implemented effectively and report the outcomes of follow-up work to the CEO.

Audit Reporting & Senior Stakeholder Engagement

• Prepare and present clear, well-structured internal audit reports to the CEO and senior management, communicating findings, risk ratings, and recommendations in a manner that enables informed governance decisions, and maintain a disciplined audit issue tracking process to ensure all agreed management actions are followed through to resolution.
• Prepare formal internal audit reports for each completed engagement, presenting findings and recommendations with appropriate risk ratings, clear root cause analysis, and well-supported conclusions in a format that is accessible and actionable for senior management.
• Present audit reports and key findings directly to the CEO and, where directed, to the Board of Directors, communicating complex or sensitive audit matters clearly and handling questions from senior stakeholders with confidence and professional credibility.
• Influence management's mid-term decisions on internal control improvements, governance enhancements, and risk mitigation priorities by presenting audit findings in a strategic context that connects assurance outcomes to organizational objectives and longer-term risk posture.
• Maintain a structured audit issue and management action tracker, monitoring the status of all outstanding management responses and action plan commitments, and providing periodic progress updates to the CEO and relevant senior management.

Internal Audit Function Development & Quality Assurance

• Build, maintain, and continuously improve the policies, methodologies, tools, and quality frameworks that underpin NS Square's Internal Audit function, ensuring the function operates to recognized professional standards and develops its capability in line with the organization's evolving risk and governance needs.
• Develop and maintain the Internal Audit function's operating methodology, including audit planning templates, fieldwork program, working paper standards, report formats, and quality review protocols, contributing new IA policies that set operating standards with impact across the organization.
• Conduct periodic self-assessments of Internal Audit work quality against the International Standards for the Professional Practice of Internal Auditing (IIA Standards) and NS Square's own audit methodology, identifying improvement areas and implementing enhancements.
• Identify and stay current with emerging internal audit practices, risk management developments, and regulatory changes relevant to NS Square's operating sectors, incorporating relevant developments into the function's methodology, tools, and audit approach.
• Prepare and maintain the Internal Audit function's annual activity report summarizing audit plan coverage, key findings, themes, and recommendations for the year and present it to the CEO as an input to governance reporting and organizational decision-making.
  
  Job requirements

• Bachelor's degree in accounting, Finance, Business Administration, or a related field
• Professional certification required: Certified Internal Auditor(CIA), Chartered Accountant (CA), Certified Public Accountant (CPA), or equivalent
• Minimum 10 years of progressive experience in internal audit, external audit, or risk and compliance, with at least 3 years in a senior or lead auditor capacity
• Demonstrated experience in developing and executing risk-based audit plans across multiple business functions or operating units
• Prior experience reporting to a C-suite executive or presenting findings to a Board-level audit committee is preferred
• Strong working knowledge of the International Standards for the Professional Practice of Internal Auditing (IIA Standards) and internal audit methodologies
• Proficiency in audit fieldwork techniques including process walkthroughs, data analysis, control testing, and interview-based evidence gathering
• Sound understanding of internal control frameworks (e.g., COSO)and their application across financial, operational, and compliance processes
• Familiarity with Singapore's regulatory environment, including governance requirements applicable to mixed-use property and spaces and facilities management
• Excellent report writing skills with the ability to communicate complex findings clearly and concisely to senior and executive audiences
• Ability to work independently as a standalone function, managing competing audit priorities and self-directing workload effectively
• Strong analytical and critical-thinking skills with the ability to form evidence-based judgements and identify systemic root causes of control deficiencies