JOB SUMMARY
Responsible for reviewing and appraising the soundness, adequacy, and application of accounting, financial, and operating controls, for ascertaining the extent to which the Bank's assets are accounted for and safeguarded from losses, and for evaluating the reliability of accounting and other data developed within the Bank as to their extent of compliance with established policies, plans, and procedures.
JOB DESCRIPTION
- Assists the Department Head to achieve the set objectives, targets, and strategies of the Department in support of the goals and objectives of the Division.
- Assists the Department Head in the update of Audit Programs and Procedures.
- Conducts and/or supervises the financial and operational audit of Branches.
- Reports the progress and development of ongoing audit examinations in the Branch being audited.
- Recommends to management aspects that are not in compliance or needs improvement.
- Handles the monitoring of audit issues on released reports/memoranda of Internal Audit Division.
- Reports to Chief Audit Executive, Branch Department Head and Branch and Limited Scope and Special Audit (BLSSA) Head any indications of red flags noted from the ongoing audit examination of branch/es and coordinates/works with Branch Limited Scope and Special Audit Department for further review/investigation of the transaction.
- Checks and reviews memos, organize working papers and referral sheets prepared by team members.
- Evaluates existing internal control system, summarizes audit findings and recommendations.
- Participates in the final discussion with the Auditees regarding audit exceptions as well as auditee's responses and applicable recommendations.
- Ensures coordination and harmonious working relations between Departments of Internal Audit Division and with other work units of the Bank.
- Orients and trains newly hired Auditors.
- Attends to various trainings, seminars and career development of the unit/department in keeping abreast with current changes and emerging best practices of the internal auditing profession.
- Assists in administering/monitoring process improvement activities.
- Handles verification and management of float items and contingent accounts.
- Provides assistance to BSP and external auditors as the need arises.
- Conforms to Bank policies, rules and regulations.
- Ensures proper upkeep of work area and equipment assigned to him/her.
- Performs other duties as may be assigned by the Department Head / CAE.
JOB QUALIFICATION
- Must have at least 2 to 3 year experience in internal/external auditing and/or special audit/fraud investigation
- Must be a CPA
