Internal Audit Manager

The Internal Audit Manager is responsible for overseeing and executing comprehensive internal audit activities within Winford Resort and Casino Manila. This includes assessing the adequacy of controls, ensuring compliance with regulatory requirements, mitigating risks, and recommending process improvements to enhance operational efficiency, financial integrity, and compliance with relevant laws.

Key Responsibilities:

Audit Planning & Execution:

• Develop and execute the annual internal audit plan, based on risk assessments, management priorities, and regulatory requirements.
• Lead and manage audit engagements covering various departments (e.g., gaming operations, hotel, food & beverage, entertainment, finance, security, etc.).
• Design and implement audit programs to assess internal controls, processes, financial systems, and operations for compliance with laws and regulations.
• Perform audits of financial records, operations, information systems, and regulatory compliance.
• Coordinate and conduct audits of gaming operations, including gaming revenue, jackpots, slot machines, and table games.

Risk Management:

• Identify and assess key risk areas across the resort and casino, including financial, operational, regulatory, and cybersecurity risks.
• Recommend corrective actions and improvements to address identified risks and control deficiencies.
• Monitor the implementation of audit recommendations and follow up on any outstanding issues.

Internal Control & Compliance:

• Evaluate the adequacy and effectiveness of internal controls and recommend enhancements.
• Ensure that internal policies, industry best practices, and external regulations (e.g., gaming commissions, tax authorities) are followed.
• Monitor compliance with anti-money laundering (AML) and responsible gambling policies and procedures.

Reporting & Documentation:

• Prepare detailed audit reports and communicate findings to senior management, highlighting significant issues and risks.
• Provide recommendations for improvement in internal controls and operational efficiencies.
• Maintain comprehensive documentation of audit procedures, evidence, and results.

Team Leadership & Development:

• Lead, mentor, and manage internal audit staff, guiding audit procedures, performance, and professional development.
• Train new team members and ensure continuous knowledge development in auditing standards, industry practices, and regulatory changes.

Collaboration & Communication:

• Work closely with senior management to communicate audit findings and provide actionable recommendations.
• Serve as a liaison between internal audit and other departments to foster cooperation and facilitate the implementation of audit recommendations.
• Collaborate with external auditors and regulatory authorities when necessary.

Continuous Improvement:

• Stay up to date with industry trends, changes in regulations, and emerging risks in hotel and casino sector.
• Identify opportunities to improve internal audit methodologies, tools, and techniques.

Qualifications:

Education:

• Bachelor’s degree in Accounting, Finance or a related field. A Master's degree or relevant certification is a plus.

Experience:

• Minimum of 5-10 years experience with the same position preferably in the hotel & casino industry.

Knowledge & Skills:

• Strong understanding of internal control frameworks (e.g., COSO).
• Deep knowledge of casino and hotel operations, including gaming revenue recognition, food & beverage, entertainment, and hospitality.
• Familiarity with gaming regulations, anti-money laundering (AML) laws, and responsible gambling practices.
• Strong analytical skills, attention to detail, and the ability to think critically.
• Excellent written and verbal communication skills, with the ability to communicate complex findings clearly and concisely.
• Proficiency in audit software and Microsoft Office Suite (Excel, Word, PowerPoint).
• Strong leadership and team management abilities.

Certifications:

• Certified Public Accountant (CPA) is preferred.