Location: Cebu City (Head Office)
Employment Type: Full-Time
Department: Internal Audit
Reports To: Chief Executive Officer / Audit Committee
The Internal Audit Manager will be leading the organization's internal audit function, ensuring the effectiveness of internal controls, governance, risk management, and compliance processes. The role is responsible for developing and executing risk-based audit plans across financial and operational areas, identifying business risks, evaluating control effectiveness, and providing recommendations that strengthen operational efficiency, safeguard company assets, and support strategic objectives.
The Internal Audit Manager will work closely with senior leadership and key stakeholders to promote a strong culture of accountability, transparency, and continuous improvement while ensuring compliance with applicable laws, regulations, and internal policies.
Key Responsibilities:
- Develop and implement the annual risk-based internal audit plan based on organizational priorities and risk assessments.
- Lead and oversee financial, operational, compliance, branch, and special audit engagements across the organization.
- Establish audit scope, objectives, methodologies, timelines, and resource requirements for each engagement.
- Evaluate the effectiveness of internal controls, governance practices, risk management frameworks, and regulatory compliance.
- Review audit workpapers to ensure completeness, accuracy, and compliance with internal auditing standards.
- Conduct investigations involving fraud, irregularities, control weaknesses, or other high-risk business concerns.
- Identify operational, financial, and compliance risks and recommend practical solutions to improve business processes and strengthen internal controls.
- Prepare comprehensive audit reports highlighting findings, root causes, business risks, and recommended corrective actions.
- Present audit results and recommendations to executive management and the Audit Committee.
- Monitor implementation of agreed corrective actions and perform follow-up audits to assess resolution of audit findings.
- Ensure compliance with professional internal auditing standards and promote continuous improvement within the audit function.
- Manage audit schedules, departmental budgets, audit resources, and overall team performance.
- Lead, mentor, and develop members of the internal audit team to build technical capability and professional growth.
- Coordinate with external auditors, regulatory agencies, consultants, and other stakeholders during audit activities.
- Keep abreast of changes in accounting standards, regulatory requirements, fraud trends, risk management practices, and audit technologies.
- Maintain the highest standards of integrity, independence, objectivity, and confidentiality in all audit activities.
Qualifications:
- Bachelor's Degree in Accountancy, Accounting Technology, Finance, Business Administration, or a related field.
- Minimum of five (5) years of progressive experience in internal audit, financial audit, operational audit, or risk management, including leadership experience.
- Strong knowledge of internal control frameworks, enterprise risk management, governance, compliance, and auditing methodologies.
- Experience conducting financial, operational, and compliance audits across multiple business functions.
- Proven ability to identify business risks and provide practical, value-adding recommendations.
- Excellent analytical, problem-solving, report writing, and presentation skills.
- Strong stakeholder management and leadership capabilities.
- High level of integrity, professionalism, objectivity, and confidentiality.
- Proficient in Microsoft Office applications; experience with ERP systems and audit software is an advantage.
- Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or other relevant professional certification is an advantage.
Key Competencies
- Internal Audit Leadership
- Financial & Operational Auditing
- Risk Assessment & Enterprise Risk Management
- Internal Controls Evaluation
- Fraud Investigation & Prevention
- Regulatory Compliance
- Corporate Governance
- Audit Planning & Execution
- Analytical & Critical Thinking
- Leadership & People Management
- Business Process Improvement
- Executive Communication & Stakeholder Management
