Supports the planning, execution, and reporting of operational audits to ensure compliance with company policies, internal controls, and regulatory requirements. Assists in developing audit programs and contributes to the continuous improvement of audit practices through data analysis, monitoring, and advisory engagements.
Duties and Responsibilities
- Contributes to the preparation of the annual audit plan and operations audit schedule.
- Develops detailed audit work programs outlining audit objectives, scope, methodology, and timelines.
- Facilitates preliminary meetings and opening conferences with auditees.
- Gains an understanding of business processes through walkthroughs, interviews, and risk assessments to identify key controls and potential risks.
- Conducts operational audits in accordance with the approved Audit Work Program (AWP) and applicable audit standards.
- Reviews supporting documents, performs control testing, and evaluates operational compliance with policies and regulations.
- Identifies trends, root causes, and control gaps through data analysis.
- Organizes and maintains audit working papers in accordance with audit documentation standards.
- Drafts audit findings, observation sheets, and audit reports.
- Participates in closing meetings to present audit results and discuss management responses.
- Consolidates audit reports and summaries for submission to the Department Head and Audit Committee.
- Monitors management responses and action plans related to audit findings.
- Verifies the implementation and effectiveness of corrective actions.
- Updates audit issue tracking systems and prepares periodic progress reports, including quarterly updates to the Audit Committee.
- Participates in special projects, management requests, and process reviews as part of consulting or advisory engagements.
- Provides risk-based recommendations to improve operational efficiency and strengthen internal controls.
Qualifications
- Bachelor's degree in Accountancy.
- At least four (4) years of experience in auditing, accounting, or business analysis, including two (2) years of supervisory or project management experience.
- Knowledge of internal control frameworks and audit standards (e.g., Institute of Internal Auditors Standards and the COSO Framework).
- Strong understanding of branch operations, regulatory compliance, and operational risk.
- Experience in audit planning, execution, documentation, and report writing.
- Proficient in Microsoft Excel and data analysis tools.
- Strong analytical, problem-solving, and root cause analysis skills.
- Willing to work in Makati City.
