GENERAL PURPOSE THE JOB:
The Internal Audit Manager shall assist the Vice President - Internal Audit or its designate in carrying out the Audit and Risk Management Committee’s oversight responsibility to its shareholders by providing independent, risk-based and objective assurance, advice, insight and foresight.
DUTIES AND RESPONSIBILITIES
- Supports the CAE in establishing, refining, and achieving the IA function’s mandates, strategies, goals and objectives.
- Assists in the preparation of the risk-based work plan, including any changes thereto.
- Performs efficiently and effectively independent and objective assurance reviews and conduct advisory services relating to the company’s financial reporting process, risk management, governance, internal controls, and regulatory compliance.
- Executes and completes, in a timely manner, with quality and minimal supervision all assigned audit and advisory engagements in support of annual/quarterly IA Work Plan.
- Prepares quality and timely audit and advisory reports and effectively communicate findings/results to Management and the Audit and Risk Management Committee.
- Assists in the creation of Internal Audit policies, procedures, and manual.
- Coordinates and facilitates the requirements of external auditors, including performing review of external auditor performance, as needed.
- Promotes ethics, values, and a risk-conscious culture within the company and ensure performance of IA tasks and activities according to Globally-accepted Internal Audit Standards, IA Charter, manual, company policies and other relevant regulatory requirements and best practices.
- Conducts Quality Assurance and Improvement Program (QAIP) related activities; assess compliance of IA activities according to the Global Internal Audit Standards.
- Performs quality inspection or review of working papers to ensure that they sufficiently document information obtained, analysis made and support conclusion.
- Supervises and mentors audit staff; foster professional development for self and others.
- Reviews, improves and automates existing manual process of IA or relevant business units; develop scripts/analytics on identified process areas.
- Performs special projects, engagements, or any other task at the instruction or request of the CAE, Audit and Risk Management Committee/Board, Senior Management and/or the parent company.
- Provides assurance over ESG reporting, corporate governance, related party or other regulatory disclosures of the company, as necessary.
Other tasks
- Assist in the organizing of activities, events, or preparation of materials geared towards improving risk management, internal controls or organizational culture of the company (e.g. workshops, events, seminars, etc.)
- Perform benchmarking activities including creation and/or implementation of frameworks, metrics or models relevant to internal audit and/or risk management.
- Attend to internal or external training and conferences relevant to the job or in increasing knowledge or skills, as needed.
- Act as project manager, member, or proponent for activities or programs (such as implementation of internal audit programs or systems), as needed.
- Assist the CAE in the preparation of budget, reports, performance measures/KPIs, etc. for Management and the Audit and Risk Management, as needed.
- Support process improvement and/or capability building initiatives of the company or
- Attend and support company and parent group or subsidiaries’ initiatives relevant to people development, risk management, internal audit, business continuity, digitization, etc.
JOB PROFILE
Educational Background
- Must be a graduate of a 4-year college degree major in Accountancy or Internal Audit or any related course in Business/Finance.
Professional Background
- Minimum 8 years audit or assurance experience inclusive of at least 3 years experience in supervisory or managerial capacity in a public company or a company engaged in real estate, construction, leasing, property management or similar industry. Must have people handling experience for supervisors and up.
- Preferably with a recognized audit and/or accountancy certification (i.e. CPA, CIA, CISA, CCSA, CFE, etc.)
Knowledge Requirements
- Knowledge of the General Internal Audit Standards (GIAS) or Standards” of the Institute of Internal Auditors (IIA) and general internal audit methodology.
- Knowledge of the real estate industry, or background of construction process and its related processes in general.
- Knowledge of SAP or equivalent ERP systems.
- Knowledge of basic financial systems and reporting process.
- Knowledge of Computer-Assisted Auditing Techniques (CAATs) and use of analytical tools (i.e. scripting or data processing)
- Knowledge of general IT process and systems.
Skills Requirements
Core Skills
- Must be able to apply internal audit methodology according to the Global Internal Auditing Standards (GIAS) of the Institute of Internal Auditors (IIA)
- Must be able to execute Quality Assurance and Improvement Program and assess the IA activity’s disclosure of conformance against the Standards
- Must be able to demonstrate all required internal audit competency through continuing professional development and self-improvement.
Technical Skills
- Must have business acumen and understanding of business process to examine risks and controls objectively.
- Must have knowledge of organizational governance, fraud, risk management, internal controls processes.
- Must be able to perform root cause analysis and provide value-adding recommendations to Management.
- Must have strong analytical and critical thinking skills to identify risks and anomalies.
- Must be able to use Computer-Assisted Auditing Techniques/Tools and produce timely and meaningful output or results.
- Must have general IT and background of construction process or industry.
- Must have Accounting and Finance knowledge to evaluate financial statement accuracy and reasonableness.
Leadership and People Management
- Must have strong oral and written communication skills for preparing quality and error-free reports and conveying results with stakeholders
- Must be able to perform strategic planning (i.e. preparation of risk-based audit work plan) and individual audit and advisory engagements with minimal support.
- Must have effective negotiation and conflict resolution skills to discuss and dispose independently the findings and observations;
- Must be able to objectively evaluate self and other’s performance relevant to established performance measures and identify points for improvement.
Ability Requirements
- Ability to execute audit and advisory engagements in an effective and timely manner; must be able work under pressure and in extended working hours (if necessary),
- Ability to complete ad hoc deliverables and accomplish tasks efficiently
- Ability to handle multiple projects or engagements at the same time
- Ability to organize events, activities relevant to the function
- Ability to document relevant business processes or activities, as necessary
- Ability to strategize and re-strategize on the best approach/methodology to accomplish set tasks
𝐏𝐇𝐂 𝐢𝐬 𝐚 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐭𝐡𝐚𝐭 𝐯𝐚𝐥𝐮𝐞𝐬 𝐃𝐢𝐯𝐞𝐫𝐬𝐢𝐭𝐲, 𝐄𝐪𝐮𝐚𝐥𝐢𝐭𝐲, 𝐚𝐧𝐝 𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧. 𝐖𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐝 𝐭𝐨 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐚 𝐭𝐞𝐚𝐦 𝐰𝐢𝐭𝐡 𝐝𝐢𝐯𝐞𝐫𝐬𝐞 𝐭𝐚𝐥𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐬𝐤𝐢𝐥𝐥𝐬 𝐫𝐞𝐠𝐚𝐫𝐝𝐥𝐞𝐬𝐬 𝐨𝐟 𝐛𝐚𝐜𝐤𝐠𝐫𝐨𝐮𝐧𝐝𝐬 𝐚𝐧𝐝 𝐜𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐚𝐧 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭 𝐭𝐡𝐚𝐭 𝐫𝐞𝐬𝐩𝐞𝐜𝐭𝐬 𝐚𝐧𝐝 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐬 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬.
