Internal Audit Manager

Job Objective

To plan, execute, and report on financial, operational and compliance audits across the group of companies with the objective of providing independent and objective reviews and consulting services designed to add and improve the organization's operations.

1. Audit Planning and Execution

• Develop and implement a risk-based annual audit plan in alignment with the organization's strategic objectives and risk profile.
• Conduct comprehensive risk assessments to identify key areas of vulnerability and develop audit programs accordingly.
• Plan and execute financial, operational, compliance, and IT audits across all business units.
• Perform detailed testing of internal controls, processes, and transactions to assess their effectiveness and efficiency.
• Document audit findings, identify root causes of deficiencies, and recommend corrective actions.
• Utilize data analytics and other audit tools to enhance audit efficiency and effectiveness.
• Monitor and follow up on the implementation of audit recommendations.

2. Risk Management and Control Evaluation

• Evaluate the adequacy and effectiveness of the organization's risk management framework.
• Assess the design and operating effectiveness of internal controls over financial reporting, operational processes, and compliance requirements.
• Identify and evaluate emerging risks and provide recommendations for mitigation.
• Stay abreast of industry best practices and regulatory changes related to risk management and internal controls.

3. Reporting and Communication **

• Prepare clear, concise, and timely audit reports summarizing audit findings, recommendations, and management responses.
• Present audit results and recommendations to senior management and the audit committee.
• Communicate effectively with stakeholders at all levels of the organization.
• Maintain open and collaborative relationships with management and other departments.
• Provide advisory services to management on matters related to internal controls, risk management, and compliance.

4. Team Management and Development

• Lead and mentor a team of internal auditors, providing guidance and support to ensure high-quality audit work.
• Assign audit tasks, monitor progress, and provide feedback to team members.
• Develop and implement training programs to enhance the skills and knowledge of the audit team.
• Foster a positive and collaborative work environment.
• Manage external auditors and consultants as needed.

5. Industry Specific Knowledge

• Develop and maintain in-depth knowledge of the real estate, construction, aggregates, hotel, and restaurant industries, including relevant regulations and best practices.
• Understand the unique risks and challenges associated with each business segment.
• Develop audit programs and procedures tailored to the specific needs of each industry.
• Stay informed about industry trends and emerging risks.
• Perform other duties as may be assigned or delegated from time to time.

Job Specifications

• Bachelor's degree in Accounting. A Master's degree is preferred but not necessary.
• Certified Public Accountant (CPA).
• Minimum of 7-10 years of experience in in internal audit with at least 3 years in a managerial role.

Specific Knowledge and Skills

• Risk Management, Internal Controls, Audit Methodologies, Data Analytics, Analytical, Problem-Solving, and Critical Thinking Skills, Communication, Presentation, and Interpersonal Skills.

Business Understanding

• Relevant Regulations and Compliance Requirements, Ethical Standards.

Job Type: Full-time

Pay: Php50, Php70,000.00 per month

Benefits:

• Company Christmas gift
• Company events
• Opportunities for promotion

Ability to commute/relocate:

• Roxas (Capiz, Western Visayas): Reliably commute or planning to relocate before starting work (Required)

Experience:

• Internal Auditor: 7 years (Required)

License/Certification:

• CPA (Required)

Work Location: In person