Function
Identifies and evaluates the nature, purpose and types of controls, company operating/process, policies, guidelines, procedures, regulations and laws; and management/project objectives/goals under examination.
Documents processes/organizational controls and procedures.
Gathers and analyzes relevant data to assess organization’s control philosophies, business risks, tax, fraud, and other audit services.
Ensures compliance to policies, guidelines, procedures, laws and regulations.
Documents the outcomes of analyses and evaluations made during assessments and compliance testing.
Drafts the audit report/presentation for facilitative meeting.
Draws conclusions/recommendations to effectively address/manage the identified risks.
Participates in disseminating and promoting the importance of internal control and risk management within the company and across subsidiaries.
Evaluates the adequacy and propriety of the tax liability shown on the balance sheet and the
fairness of the classification between current and deferred and as to the adequacy and propriety of the provision for taxes in the income statement.
Determines the adequacy of the procedures and practices being followed with respect to compliance with tax laws and regulations.
Reviews and applies available conceptual frameworks for describing/profiling organizational control philosophies, financial reporting, sets goals and objectives and emerging business risks.
Reviews and assesses control strategies and structures
Qualifications
Must be a Certified Public Accountant
With knowledge on IFRS, COSO internal control framework; ERM (enterprise risk management); ACL (audit command language):
Control Environment
Integrity and Ethical Values
Commitment to Competence
Board of Directors and Audit Committee
Management’s Philosophy and Operating Style
Organizational Structure
Assignment of Authority and Responsibility
Human Resource Policies and Procedures
Risk Assessment
Company-wide Objectives
Process-level Objectives
Risk Identification and Analysis
Managing Change
Control Activities
Policies and Procedures
Security (Application and Network)
Application Change Management
Business Continuity/Backups
Outsourcing
Information and Communication
Quality of Information
Effectiveness of Communication
Monitoring
Ongoing Monitoring
Separate Evaluations
Reporting Deficiencies
Preferably CIA
Preferably pursuing master studies; MBA
At least senior audit associate 5-8 years working experience in assurance and control advisory engagements; or 5-8 years working experience in a relevant field
Strong technical skills in data analysis, financial and business process reviews, due diligence, and accounting
In depth understanding of Philippine Accounting Standards and Philippine Financial Reporting Standards
Understanding of relevant global standards is preferred
