Senior Internal Auditor
Senior Internal Auditor
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Salary Not Disclosed
1 Vacancy
Job Description
Job Purpose
The Head of Internal Audit is responsible for the management of Internal Audit operations applying a riskbased strategic systematic and disciplined approach to assist the Board and Management in ensuring that the company:
Meets its business objectives.
Has effective internal controls policies and procedures in place
Comply with the Board and Management policies and directives
Comply with the requirements of regulators and external auditors
Responsibilities
Provides an assessment of the adequacy and effectiveness of the Companys processes for controlling its activities and managing its risks to attain the Companys goals and mission
- Develop flexible annual audit plan using an appropriate riskbased methodology including any risks or control concerns identified by Management and submit that plan to the Chief Executive Officer for review and approval as well as periodic updates
- Implements the annual audit plan as approved including as appropriate any special tasks or projects requested by management and the Chief Executive Officer
- Evaluate and assess significant merging/consolidating functions and new or changing services processes operations and control processes coincident with their development implementation and/or expansion
- Reports significant issues related to processes for controlling the activities of the Company and its affiliates including potential improvements to those processes and provides information concerning such issues
- Performs followup reviews with client management to ascertain the resolution of observations and recommendations in the audit report
- Keeps Senior Management informed of emerging trends and successful practices in internal auditing
- Considers the scope of work of the external auditors and regulators as appropriate for the purpose of providing optimal audit coverage to the Company at a reasonable overall cost
- Ensures the Internal Audit resources are appropriate sufficient and effectively deployed to accomplish the annual plan
Train and provide continuing educational opportunities for Internal Auditors
Tasks
Prepares monthly reports on the performance of the Department relative to its plan
- Ensures the quality of the Teams plan on an ongoing basis by reviewing and approving the engagement plans as they are developed and communicated to the Audit Customers
- Reviews the Risk and Control Matrix and Summary of Work Performed as they are developed and executed by the Internal Auditors for each engagement
- Prepares or reviews audit reports detailing audit findings recommendations and Audit Customers responses or comments
- Conducts followthrough of implementation of audit recommendations at least once a month.
Updates the Manual of Internal Audit procedures at least once a year.
Minimum Required Education/Professional Licensure/Certifications
Graduate of four 4 year course in Accounting
Certified Public Accountant
Certified Internal Auditor or Certified Information System Auditor
Minimum Required Experience
At least five 5 years of supervisory experience in the field of internal or external audit.
Skills Attributes Required
Ability to communicate high risks and broad impact issues and influence change at the management level
Highly analytical
Detailoriented conscientious and systematic
- Demonstrated ability to work effectively with individuals or teams across all levels of the organization
- Effective verbal and written communication skills especially with regard to interaction with technical business and management staff
Special Technical Skills Required
Indepth understanding of risk management concepts and internal control systems and frameworks.
Knowledgeable in Philippine accounting standards
Knowledgeable in technology tools such as MS Office and Visio.
Employment Type
Full Time
