Audit Manager

As manager of internal audit function, directs a comprehensive audit program providing assurance and consulting services to management and staff. Manage the performance of internal auditing works in the areas of risk management, control and governance. Provides direction to development and performance of the Annual and Long-Term Audit Plan that covers the areas of financial, performance, compliance and systems audit. As manager in-charge of systems & methods, develops and/or assists in the development and documentation of company policies and manuals of procedures and processes.

1.  RELEVANT AND EFFECTIVE AUDIT PLAN

• Develops and directs performance of annual and long-term audit plan that is aligned with the key results areas of the department and risk profile of the company, identifying areas of potential internal control exposures and areas for improving operational efficiency.

• Oversees and monitors the completion of annual audit plan covering the areas of financial, performance, compliance and systems audit. The annual audit plan includes special tasks or projects requested and assigned by top management.

• Manage the performance of planned audit activities within budgets and target dates, promptly reporting any timing problems or budget over-runs to relevant management.

2.  RESULTS-ORIENTED AUDIT PROGRAMS AND INTERNAL PROCESSES

• Oversees the development and implementation of Internal Audit policies and procedures. Develops and maintains the Internal Audit Policies and Procedures Manual.

• Ensures that audit programs are prepared for every audit activity. Reviews and approves the audit objectives, scope, and audit programs for assigned audit projects.

• Directs the performance of audit procedures, including identifying and defining issues and recommendations, developing criteria, reviewing and analyzing relevant information, evaluating evidence, documenting business processes and procedures, and completing audit documentation and reports.

• Ensures conformance with acceptable quality control standards through the review of individual audit projects.

• Ensures timely communications and presentation of findings and recommendations to management of business units. Resolves contentious issues and reach agreement on appropriate solutions to risk management and operational efficiency issues.

• Ensures that effective and value-added recommendations are provided to improve risk management practices and the efficiency and effectiveness of operations.

• Monitors progress and implements appropriate follow-up actions to ensure that recommendations made in the report and action plans developed are implemented and resolved in a reasonable time-frame.

• Ensures that appropriate, comprehensive and timely audit reports are prepared and issued to concerned recipients for every audit engagement.

3.  ASSURANCE TO COMPLIANCE TO SYSTEMS & METHODS

• Develops programs to monitor, review and evaluate policies and procedures implementation and its impact on delivery and quality of performance by concerned departments/business units.

• Evaluates the effectiveness of the business processes, initiates necessary changes and/or adjustments. Monitors progress and completion of actions taken to implement the necessary changes or adjustments.

4.  ASSURANCE TO PERFORMANCE OF SPECIAL AUDITS / PROJECTS

• Ensures that special audit project assigned to Audit & Systems Department are promptly attended.

• Attends to investigation of urgent issues or matters outside of the regular audit plan and perform any other duties relating to audit as requested by management.

• Performs other duties or special tasks that may be assigned by top management.

5.  DOCUMENTED/MANUALIZED POLICIES, SYSTEMS AND PROCEDURES

• Collaborates with the different divisions/departments and/or business units to establish and implement policies and business processes and provide assistance in resolving noted challenges.

• Provides assistance to process owners in the documentation of business processes in their respective units in the absence of any documentation.

• Formulates, develops, and/or revise policies, systems and procedures for various activities or transactions of departments or business units based on assigned tasks or management initiated work request following the schedules in the balanced scorecard of the department.

• Oversees the review and approval of the drafted policies and procedures by the respective process owners and approving authorities before finalization is made.

• Documents the final copies of policies, systems and procedures according to standards. Facilitates the necessary updates and orientation to concerned functional groups.

• Coordinates with user management and others concerned on the necessary revisions/updates of existing policies, systems and procedures including issuance of copies to manual holders.

• Initiates review, design and/or revisions of company forms, records, reports that will standardize, simplify and economize the cost and usage and the desired information requirements and purpose.

• Maintains repository of all policies, systems and procedures manual, guidelines for reference and control purposes.

JOB QUALIFICATIONS

• A Bachelor’s degree in Accountancy
• A Certified Public Accountant
• A Certified Internal Auditor (desirable)
• With Post Graduate Studies in business administration (desirable)
• At least ten (10) years work experience, five (5) years or more in internal or
• External audit in managerial capacity
• Hands on experience and/or comprehensive exposures in systems and methods development and documentation
• Comprehensive exposures in a computerized accounting system environment or in the implementation of an ERP (Enterprise Resource Planning) system.
• Must be willing to work in Marikina City