Kitty Zhu

• Lead audit team to manage end-to-end Internal Audit projects, i.e. develop risk-based audit plan and audit programs, conduct audit fieldwork, communicate findings with stakeholders, report results to senior management, assist and influence business units to remediate issues identified, follow up on action plans to ensure timely implementation.
• Apply the COSO framework and cover a wide range of audit projects, including SOX and Non-SOX initiatives across operational processes, financial reporting, control environment, IT general controls, cybersecurity, fraud controls, and ad-hoc audits.
• Provide effective communication to stakeholders by coordinating and facilitating forums to communicate and report findings of reviews.
• Lead the business in identifying and evaluating exposures to operational, financial, and compliance risks and support in designing internal controls to mitigate the risks.
• Coordinate Internal Control documentation and lead management testing in line with the corporate governance guideline.
• Ensure continuous improvement of internal controls process aimed toward reducing the impact/costs of meeting Company's obligations. Apply data analytic techniques within audits.
• Provide effective communication, training, and education to increase understanding and awareness of internal controls across the business units and operations.
• Develop a status report on Internal controls management testing to ensure management and stakeholders are aware of progress.

Achievements:

• Led a team of outsourced consultants and internal resources alongside collaborating with Big 4 on the Corporate SOX co-audit project successfully for consecutive 3 years. Identified risks, deficiencies, and process improvement opportunities. Submitted SOX deliverables to Toyota Corporation and Risk & Compliance Committee within deadlines.
• Followed up information security and data breach deficiencies, worked with business to remediate the 20 deficiencies within 2 years.
• Reviewed an ad-hoc business project, identified areas for improvement and offered management insights into project delays and cost overrun.

• Establish an internal control framework, identify major processes and controls, conduct risk assessment, prepare annual audit plan, define audit scope, and design appropriate risk-based audit procedures, to ensure information integrity, process efficiency, and regulatory compliance.
• Execute and report on operational audits, financial audits, SOX compliance, IT general control, identify control weaknesses and developing solutions, communicate audit results to process owners and senior management, ensuring appropriate follow-ups.
• Provide advisory support to M&A projects on process/system integration, and prepare SOX readiness for acquired entities, ensuring adherence to regulatory and standards.
• Undertake projects to identify opportunities for process simplification, standardization, and automation, enhancing operational efficiency and effectiveness.
• Offer policy guidance and explanations to management and staff, ensuring clear communication, and understanding of company requirements.
• Collaborate with Internal and External auditors, share audit procedures and audit findings within certain ranges, follow up action plans and do retesting.

Achievements:

• Redesigned the audit function for a client, defining objectives & goals, audit charter, policies & procedures, audit plan, audit program, organization chart, roles and responsibilities, and key performance index.
• Identified and reported the top 5 business risks(e.g. Corona virus crisis) to senior management at an early stage, facilitated the risk countermeasure to be implemented timely and incorporated the risk monitoring into the routine process audit.
• Managed multiple projects simultaneously. Led a team of 6 auditors and implemented 6 annual process audits, 8 ad-hoc projects and 2 ERM risk assessment in 6 months, with quality audit reports and valuable audit findings.

• Lead audit projects for operating units in the Asia Pacific region, support the execution of the annual audit plan and ensuring adherence to internal controls and regulatory requirement.
• Build collaborative relationships with stakeholders to develop effective internal control systems and promote best practices.
• Manage audit projects to completion within budget and timeline constraints, ensuring efficient resource utilization and timely delivery.
• Coach, mentor, and develop audit staff, ensuring high performance and adherence to audit standards.
• Assist with group and local policy reviews and updates, conduct internal control trainings to enhance governance awareness and compliance.

Achievements:

• Implemented Control and Risk Management Process within ERP system transformation achieved zero control deficiencies.
• Shared knowledge on tax compliance & optimization across sites, leading to a $500K import income tax refund.
• Simplified audit reporting to ensure clear articulation of key messages and call to action.

• Enhance the internal control awareness and capability in Great China region; support the local management teams to achieve a satisfactory internal audit result.
• Design, document, implement and monitor the Internal control framework, to ensure adequate controls is in place to prevent errors in financial reporting and business operations.
• Formulate policies and procedures to improve internal controls, compliance and efficiency.
• Work collaboratively with business and process owners to implement and monitor remediation efforts that result from internal control assessments, ensuring the effective implementation of corrective action.

• Conduct independent audits of key operations and activities within Delphi subsidiaries and affiliates in Asia Pacific region, to ensure the compliance with corporate policy and local authority regulations.

• Lead the team to perform IPO audit and annual audit of foreign Invested companies, perform analytical reviews, define Materiality Levels, perform walk-through test & substantive testing, prepare audit adjustment and audit report under IAS GAAP, US GAAP and PRC GAAP.