Internal Auditor

JOB SUMMARY

The Internal Auditor is responsible for evaluating the effectiveness of internal controls, compliance with company policies and procedures, accuracy of records, and operational efficiency across the company's head office, warehouses, and branches. The position identifies control weaknesses, potential risks, irregularities, and opportunities for improvement and provides independent, objective recommendations to management.

II. KEY RESPONSIBILITIES

A. Internal Audit and Compliance

• Conduct regular and special audits of company departments, branches, warehouses, and business operations.
• Evaluate compliance with company policies, standard operating procedures, and applicable laws and regulations.
• Review the effectiveness of internal controls and recommend improvements to minimize operational and financial risks.
• Prepare audit plans, working papers, findings, and reports.
• Conduct follow-up audits to verify the implementation of corrective actions.

B. Inventory and Warehouse Audit

• Conduct physical inventory counts and reconcile actual stocks against system records.
• Investigate inventory variances, stock discrepancies, losses, damages, and unauthorized movements.
• Review receiving, storing, transferring, releasing, and returning of merchandise.
• Assess compliance with inventory control procedures and warehouse management standards.

C. Cash and Financial Transaction Audit

• Review cash handling, petty cash, sales collections, disbursements, and supporting documents.
• Verify the accuracy and completeness of selected financial and operational transactions.
• Examine discrepancies, unusual transactions, and potential fraudulent activities.
• Ensure that transactions are properly authorized, documented, and recorded.

D. Store and Retail Operations Audit

• Assess compliance with store operating procedures and company standards.
• Review sales transactions, discounts, voids, refunds, returns, and other adjustments.
• Check the proper use and accountability of company assets, equipment, and supplies.
• Evaluate adherence to authorization limits and segregation of duties.
• Identify operational inefficiencies and recommend practical corrective measures.

E. Risk Assessment and Investigation

• Identify operational, financial, inventory, and compliance risks.
• Conduct fact-finding reviews or special investigations when authorized by management.
• Document audit evidence and maintain confidentiality and objectivity.
• Escalate significant control deficiencies, suspected fraud, and policy violations to the appropriate authority.

F. Reporting and Process Improvement

• Prepare clear and timely audit reports outlining findings, risks, root causes, and recommendations.
• Discuss audit findings with concerned department heads and branch personnel.
• Monitor agreed corrective and preventive action plans until closure.
• Recommend improvements to internal controls, procedures, and operational processes.
• Maintain organized audit documentation and records.

III. QUALIFICATIONS

• Bachelor's degree in Accountancy, Internal Auditing, Finance, Business Administration, or a related field.
• Experience in internal auditing, inventory auditing, retail operations, accounting, or compliance is an advantage.
• Knowledge of internal controls, risk assessment, audit procedures, and documentation.
• Proficiency in Microsoft Excel and other relevant business systems.
• Strong analytical, investigative, and problem-solving skills.
• Excellent written and verbal communication skills.
• Willingness to travel to branches, stores, and warehouses as required.
• High level of integrity, confidentiality, objectivity, and attention to detail.

Pay: Php20,000.00 - Php25,000.00 per month

Benefits:

• Company Christmas gift
• Health insurance
• On-site parking

Work Location: In person