Auditor - Internal Controls

The Internal Controls Auditor is responsible for evaluating the design and effectiveness of the organization's internal control systems, processes, and procedures. This role ensures that operational, financial, and regulatory risks are appropriately mitigated through effective internal controls. The auditor will conduct risk-based audits, recommend process improvements, and support management in maintaining a strong control environment that aligns with corporate governance and regulatory standards.

*Also open to candidates based in Cebu

Audit Planning & Execution

• Develop and execute risk-based internal audit plans focused on internal controls, operational efficiency, and compliance.
• Conduct testing and evaluation of control processes related to financial reporting, operations, and IT systems.
• Document audit findings, prepare working papers, and ensure audit procedures comply with internal audit standards.
• Identify control deficiencies, assess their impact, and recommend practical and sustainable remediation measures.

Internal Controls Evaluation

• Review and assess the adequacy and effectiveness of internal control frameworks across departments.
• Evaluate compliance with internal policies, procedures, and applicable laws or regulations (e.g., SOX, Basel, AML, data privacy).
• Support management in the documentation and testing of internal controls over financial reporting (ICFR).

Risk Management & Compliance

• Work with management to identify key operational and financial risks, and evaluate the adequacy of controls to mitigate them.
• Participate in risk assessments and contribute to the continuous improvement of the enterprise risk management (ERM) process.
• Monitor remediation activities and follow up on previously reported audit issues.

Reporting & Communication

• Prepare clear, concise audit reports highlighting control gaps, root causes, and recommendations.
• Present audit findings and recommendations to senior management and relevant stakeholders.
• Support external auditors and regulators by providing required documentation and explanations.

Continuous Improvement

• Provide advisory support on process improvement, internal control design, and risk mitigation strategies.
• Stay current with best practices, emerging risks, and changes in regulatory requirements or accounting standards.
• Contribute to automation and digitalization initiatives in the audit process.

Education & Experience

• Bachelor's degree in Accounting, Finance, Business Administration, or related field (Master's preferred).
• 3–7 years of experience in internal audit, external audit, internal controls, or risk management.
• Nice to have: CPA, CIA, CISA, or CFE or experience with big 4 audit companies
• Experience in the banking or financial services industry is a strong advantage.

Skills & Competencies

• Strong understanding of internal control frameworks (e.g., COSO, COBIT, SOX).
• Excellent analytical, problem-solving, and critical-thinking skills.
• Strong attention to detail and ability to handle complex data and documentation.
• Effective communication and report-writing skills.
• High integrity, professional skepticism, and ability to maintain confidentiality.
• Proficient in audit management tools, data analytics, and Microsoft Office Suite.

• Timeliness and quality of audit reports and recommendations.
• Effectiveness of control remediation and issue closure rates.
• Compliance with internal audit methodology and standards (IIA).
• Contribution to process and control improvements.