Audit Team Lead in Caloocan 22k Salary

POSITION TITLE: AUDIT TEAM LEAD

LOCATION:
CALOOCAN CITY SCHEDULE: MONDAY TO SATURDAY TIME: 9:00 AM – 6:00 PM SALARY RANGE: 20,000.00 – 22,000.00 The Audit Team Lead is responsible for leading and supervising the field audit team to ensure that company policies, operational procedures, inventory controls, sales processes, cash handling, documentation, and other established standards are properly followed across stores and assigned locations. The role goes beyond conducting field audits. The Audit Team Lead is responsible for reviewing the accuracy and completeness of audit findings, validating submitted reports, analyzing discrepancies, conducting investigations when necessary, and ensuring that audit reports are supported by factual and reliable evidence before they are submitted to Management. The position serves as a second-level quality and validation control for the Audit Team.

Key Responsibilities
• Field Audit Operations
• Lead and conduct regular and special field audits of stores, branches, warehouses, and other assigned locations.
• Perform on-site verification of inventory, sales transactions, cash handling, documentation, operational procedures, and compliance with Company policies.
• Conduct surprise, scheduled, and targeted audits based on Management direction, risk areas, or recurring findings.
• Ensure that audit procedures and checklists are consistently followed by the Audit Team.
• Identify irregularities, discrepancies, control weaknesses, and potential policy violations during field audits.
• Ensure that audit findings are properly documented and supported by evidence.
• Audit Report Review and Validation
• Review all audit reports submitted by Audit Staff/Team Members before final endorsement to Management.
• Check whether all information stated in the report is accurate, complete, and properly supported by evidence.
• Validate figures, inventory counts, sales records, documents, photos, system records, and other supporting information.
• Check whether the conclusions and findings are consistent with the actual evidence gathered during the audit.
• Identify incomplete, inconsistent, unsupported, or questionable findings and require the concerned auditor to correct or clarify the report.
• Ensure that reports are not submitted based solely on assumptions, hearsay, or unverified information.
• Ensure that the final audit report clearly identifies the finding, evidence, cause, responsible party, impact, and recommended action, when applicable.
• Audit Analysis
• Analyze audit findings to identify trends, recurring violations, unusual transactions, discrepancies, and operational risks.
• Compare current findings with previous audit results to determine whether issues have been corrected or continue to recur.
• Identify patterns that may indicate weaknesses in internal controls or possible irregularities.
• Evaluate the significance and potential impact of findings before recommending further action.
• Provide Management with meaningful analysis rather than simply submitting raw audit results.
• Investigation and Verification
• Conduct or assist in investigations involving significant discrepancies, suspected violations, inventory variances, cash shortages, falsification, unauthorized transactions, or other irregularities.
• Gather and verify relevant documents, transaction records, system data, CCTV where authorized, photographs, statements, and other available evidence.
• Interview relevant employees or personnel when necessary as part of fact-finding.
• Establish the facts and sequence of events based on available evidence.
• Distinguish between confirmed findings, unresolved discrepancies, and allegations requiring further investigation.
• Escalate serious findings to Management/HR for appropriate action.
• Team Leadership and Quality Control
• Assign and monitor field audit activities of Audit Team Members.
• Ensure auditors complete assigned audits and reports within the required timeline.
• Review the quality and completeness of work submitted by team members.
• Coach auditors on proper audit procedures, documentation, evidence gathering, and report writing.
• Correct recurring errors in audit reports and reinforce proper audit standards.
• Ensure consistency in the interpretation and application of audit procedures.
• Monitor individual auditor performance, productivity, accuracy, and field compliance.
• Follow-Up and Corrective Action
• Monitor whether corrective actions identified during previous audits have been implemented.
• Conduct follow-up verification when necessary.
• Identify recurring findings and recommend appropriate corrective measures.
• Coordinate with concerned departments, Store Operations, HR, Finance, and Management regarding unresolved audit concerns.
• Escalate unresolved or high-risk findings within the required timeline.
• Reporting to Management
• Prepare consolidated audit summaries and reports for Management.
• Highlight significant discrepancies, recurring violations, operational risks, and areas requiring immediate attention.
• Provide recommendations based on actual audit evidence and analysis.
• Ensure that reports submitted to Management are accurate, objective, complete, and properly supported.
• Immediately report significant findings that may expose the Company to financial, operational, compliance, or reputational risk. FIELD COMPETENCIES The Audit Team Lead Must Demonstrate The Following Competencies
• Audit and Verification Skills
• Strong understanding of audit procedures and internal controls.
• Ability to independently conduct field audits.
• Ability to verify physical records against system and documentary records.
• Strong attention to detail.
• Analytical Skills
• Ability to analyze large amounts of information and identify discrepancies.
• Ability to recognize unusual transactions and recurring patterns.
• Ability to determine whether findings are supported by sufficient evidence.
• Investigative Skills
• Strong fact-finding and investigation capability.
• Ability to ask appropriate questions and obtain relevant information.
• Ability to establish facts objectively without immediately assuming fault.
• Ability to handle sensitive and confidential information.
• Report Validation
• Strong report-review and quality-control skills.
• Ability to identify inaccurate, incomplete, inconsistent, or unsupported information.
• Ability to ensure that submitted audit reports are factual and defensible.
• Field Judgment
• Ability to make sound decisions while conducting fieldwork.
• Ability to distinguish minor operational errors from significant control issues.
• Ability to properly escalate serious findings.
• Communication
• Strong written and verbal communication skills.
• Ability to explain audit findings clearly and professionally.
• Ability to communicate with Store Managers, Supervisors, employees, and Management.
• Ability to handle difficult conversations during field investigations.
• Leadership
• Ability to lead and guide auditors in the field.
• Ability to review and improve the work of team members.
• Ability to enforce audit standards consistently.
• Ability to hold team members accountable for inaccurate or incomplete reports.
• Integrity and Objectivity
• High level of honesty, confidentiality, and professional integrity.
• Must remain objective and impartial when evaluating findings.
• Must not alter, suppress, or disregard findings without proper basis or Management direction. Qualifications
• Bachelor’s degree in accounting, Finance, Business Administration, Management, Internal Audit, or a related field.
• At least 2–3 years of relevant experience in auditing, field audit, compliance, investigation, inventory control, or related functions.
• Previous experience leading or supervising an audit team is preferred.
• Experience in retail, distribution, warehouse, or multi-branch operations is an advantage.
• Strong knowledge of audit principles, internal controls, inventory management, and operational procedures.
• Proficient in Microsoft Office, particularly Excel and report preparation.
• Willing to conduct frequent fieldwork and travel to different branches/locations.
• Willing to work extended hours when required by business or investigation needs. Specific Requirements The successful candidate must be able to:
• Conduct field audits independently and objectively.
• Review and validate audit reports before submission.
• Verify whether what is stated in the report is supported by evidence.
• Investigate discrepancies and determine the facts surrounding an incident.
• Identify errors or questionable information submitted by Audit Team Members.
• Require corrections when an audit report is incomplete or inaccurate.
• Meet audit schedules and reporting deadlines.
• Handle confidential company and employee information.
• Work under pressure and manage multiple audit assignments.
• Travel to stores, warehouses, and other company locations as required.
• Always maintain professional judgment and confidentiality. Code-DRMI-00398