Compliance and Assurance Officer

ABOUT THE ROLE:

The Compliance and Assurance Management Officer is responsible for managing a multi-disciplinary team that will conduct an independent and objective assessment of the business processes within the Joy~Nostalg Group, sharing its goals of creating and enhancing shareholder value. The Compliance and Assurance Management Officer aims to assist the organization in accomplishing its objectives by bringing a systematic approach to evaluate and improve the effectiveness and efficiency of the Company's risk management, control, and governance processes.

WHAT YOU'LL DO:

Review the following:

• Effectiveness by which risks are identified and managed;

• Reliability and integrity of the financial & operational information and the business processes used to identify, measure, classify, and report such information;

• Adequacy of internal controls planned and in use, to safeguard the Company's assets and operations;

• Effectiveness of management controls which are meant to ensure the economical and efficient utilization of resources and to achieve the Company's corporate vision and objectives; and,

• Adequacy, existence, and degree of adherence to Company policies, procedures, and sound business practices.

• Assist the Chief Assurance Officer in reporting the results of audit activities in a manner that helps the management address the identified risk issues/concerns and take appropriate action within a reasonable time.

• Appraise the adequacy of actions taken by the management in response to reported risk issues, control weaknesses, and improvement opportunities.

• Assist the Audit and Risk Oversight Committee in discharging their oversight function. Such activities include establishing communication channels to discuss with the Committee issues on financial reporting, risk management, and compliance with laws, regulations, and internal controls.

Other Responsibilities:

• Assume the role of a member of the Investigation Committee under the Company's Code of Conduct (as assigned).

• Assume an oversight role for a portfolio of subsidiaries and shall be its single point of contact to lead and facilitate AMU's annual risk assessment and planning for these subsidiaries.

• Assist the Whistleblower Committee in operationalizing the Company's Whistleblowing Policy (Business Ethics Program) to ensure that all whistleblower reports are timely addressed and shall serve as the overall custodian of the committee decisions.

• Monitor compliance with the Company's Enterprise Risk Management Policy and structure as approved by the Board of Directors and provide reasonable assurance of compliance with such policy and structure.

• Evaluate the potential for the occurrence of fraud and how the organization manages fraud risk.

• Maintain and contribute to the quality assurance and improvement program that covers all aspects of the internal audit activity. The program will include an evaluation of the internal audit's conformance with the Definition of Internal Auditing and the Standards and an evaluation of whether internal auditors apply the Code of Ethics. The program also assesses the efficiency and effectiveness of the internal audit activity and identifies opportunities for improvement.

People Development and Management Responsibilities:

• Provide job orientation and coaching to team members as needed, identify training needs, and initiate employee development

• Develop and implement the annual plans and budget, policies, procedures, and standards of the department

• Perform other related functions inherent in team operation, act as a corporate resource, and perform other tasks assigned by higher management

WHAT WE'RE LOOKING FOR:

• BS Accountancy graduate

• Must be a Certified Public Accountant

• At least 5 to 8 years of relevant industry/audit experience including 3 years of supervisory or project management experience

• With a strong financial and strategic audit track

• Demonstrates considerable knowledge of the ISPPIA Standards and the IIA Code of Ethics, Internal Auditing and accounting principles and practices, management principles, and preferred business practices

• Analytical and problem-solving skills

• Excellent communication skills, both written and verbal

• Ability to connect and coordinate with different stakeholders across all levels of the organization

• Must be willing to be assigned to Ortigas Center, Pasig