Internal Audit Manager

Responsible for effectively managing the internal audit activity in accordance with the Internal Audit Charter (IAC) and the mandatory elements of the International Professional Practices Framework (IPPF) in order to provide an independent and reasonable assurance that internal controls are in place and are functioning as intended, and will enable the Company's objectives and goals to be met.

Position Qualifications:

●       **Experienced Required :**At least 7 to 10 years of meaningful working experience in internal audit, external audit or accounting

●       Highest Educational Attainment: College Graduate

●       College Degree: BS Accountancy/Internal Audit

●       Graduate Studies: MA/MS Degree is an advantage

●       Licensure Examinations Passed: CPA or CIA is preferred

General Skills

o   Demonstrates strong project management and leadership skills.

o   Strong knowledge in audit methodologies and procedures.

o   Above average communication (oral and written) and report writing and presentation skills, analytical and critical thinking skills.

o   Excellent interpersonal skills and can communicate effectively with all levels in the organization (including top management and external regulatory agencies).

o   Should be able to multi-task and meet tight timelines/deadlines.

o   Strong ability to coach subordinates in the development of their skills.

o   Willing to travel within the Philippines.

AUDIT PLANNING

●       Develops an annual risk-based internal audit plan to determine the priorities of the internal audit activity that are consistent with BIVMC’s objectives and goals.

●       Considers accepting proposed consulting (advisory) engagements based on the engagement’s potential to improve management of risks, add value, and improve organizational operations.

●       Includes accepted consulting (advisory) engagements in the internal audit plan.

●       Shares information, coordinate activities, and consider relying upon the work of other organization assurance / external assurance / consulting providers to ensure proper coverage and minimize duplication of efforts.

●       Communicates the internal audit activity’s plans and resource requirements, including significant interim changes, to the Board Audit Committee and senior management for review and approval.

●       Communicates the impact of any internal audit resource limitations to the Board Audit Committee and senior management.

●       Ensures internal audit resources are appropriate, sufficient, and effectively deployed to achieve the approved plan.

●      Establishes policies and procedures to guide the internal audit activity

EXECUTION - ASSURANCE, CONSULTING AND COMPLIANCE SERVICES

●       Participates periodically in the execution of the assurance, consulting and other compliance services, using an audit work program developed to achieve engagement objectives.

●       Reviews the work of the Audit Supervisor and Internal Auditor, as applicable.

●       Ensures adequate documentation of the internal audit evidence and reports is maintained, and that access to such records is properly controlled and retained.

REPORTING

●       Reviews, participates and supports the Audit Supervisor and Internal Auditor in the conduct of exit meetings/ conferences where engagement results are communicated to appropriate parties who can ensure the results are given due consideration.

●       Prepares an Executive Summary (ES) and reports periodically to the Board Audit Committee and senior management on the internal audit activity’s purpose, authority, responsibility, and performance relative to its plan, and on its conformance with the IIA Code of Ethics and the Internal Audit Standards.

●       Reviews and finalizes a Special Investigation Report (SIR) for fraud-related audits and accepted consulting (advisory) engagements in the internal audit plan.

●       Communicates with the Board Audit Committee and senior management if the organization has left an unacceptable risk untreated.

PEOPLE MANAGEMENT

●       Assesses competencies of subordinates and identifies necessary developmental training.

●       Obtains competent advice and assistance to supply the knowledge, skills or other competencies needed to perform internal audit engagements.

●       Reviews and approves performance appraisals, handles personnel matters, and determines and

recommends appropriate rank / position changes for staff based on performance, including

assessment of staff for regularization.

●       Reviews and approves disciplinary actions to subordinates who violated company rules and regulations.

●       Responds to employee inquiries concerning audit matters.

●       Approves liquidation, reimbursement, request for payments, daily time records, and overtime authorizations.