Audit Associate
5 days ago
On-site - Makati 1-3 Yrs Exp Diploma Full-time
Job DescriptionDescriptionJob Purpose
Ensures the timely and effective execution of the audits and other work.
Job Duties and Responsibilities
Audit Functions:
- Documents, evaluates and tests systems and controls to determine adequacy and effectiveness, ensuring compliance with policies, accomplishment of management's objectives, reliability and integrity of information, economical use of resources, and safeguarding of assets.
- If assigned in model validation projects:
- Supports the maintenance and execution of validation procedures.
- Develops initial validation templates and executes preliminary quantitative validation.
- Prepares working papers to support audit procedures conducted and issues noted, for review by the Audit Manager/Audit Division Head. Documents all observations regarding operations and transactions audited, highlighting weaknesses or discrepancies.
- Ensures completeness of working papers that document the audit procedures done and support individual findings and recommendations.
- Develops and discusses findings, recommendations, and timelines for clients and monitors the implementation status of agreed recommendations.
- Encodes unresolved issues in Exception Management (XMAN) System.
- Conducts special projects (if assigned).
- Performs model validation trend analysis.
- Ensures that assignments are conducted in accordance with the IIA Standards and IAG Internal.
Job Qualifications
- Graduate of Accountancy, Internal Auditing, Mathematics, or any business course.
- Preferably with 1 year work experience from an external auditing firm or bank.
- College graduates may be considered.
Certification Required:
- Certified Public Accountant (CPA).
- Preferably Certified Internal Auditor (CIA).
If the position requires you to work overseas, please be vigilant and beware of fraud.
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