Department: Transmission Assets and Projects Audit Division (TAPAD) / Internal Audit Department
Region: HEAD OFFICE
Number of vacancies: 1
Key Responsibilities: Reporting to the Technical Audit Senior Supervisor, under the Admin/Assets (AA) Audit Section, Transmission Assets and Projects Audit Division(TAPAD), Internal Audit Department, the successful candidate is responsible in conducting review of the Supply Chain Management Group (SCMG), Security Department (SD) and Human Resource and Talent Organization Department (HRTO) excluding Payroll & Benefits Division in the achievement of its established and communicated objectives through obtaining an understanding of its key processes, reviewing policies and procedures and evaluating the adequacy and effectiveness of internal controls. Formulates recommendations regarding control deficiencies, system ineffectiveness and identifies areas for profit improvement, process efficiency and cost control.
•Evaluating the adequacy and effectiveness of established internal controls to provide reasonable assurance to compliance to contracts, covenants, internal policies and procedures as well as to rules and regulations promulgated by regulatory bodies.
•Formulating recommendations and communicating audit results regarding inadequacies and ineffectiveness of controls and non-compliances to policies and procedures.
•Identifying areas for profit improvement, process efficiency, and cost control.
1. FORMULATE AND/OR PREPARE AUDIT PLANS AND PROGRAMS Tasks:
1. Gain understanding of the process/activity under review.
2. Identify and assess key risks and controls.
3. Determine audit scope and objectives.
4. Design audit programs to achieve the audit objectives.
2. IMPLEMENT AUDIT PLANS AND PROGRAMS Tasks: 1. Perform audit programs as planned.
2. Evaluate the soundness, adequacy, propriety and application of internal control and the degree of reliance thereon and determine the extent of compliance.
3. Perform substantive tests, as necessary.
4. Communicate audit issues needing immediate action/attention and clarify observations, conclusions, and recommendations to avoid misunderstandings or misinterpretations of facts.
5. Identify areas for improved controls, cost savings, and operational efficiencies.
3. COMMUNICATE AUDIT RESULTS Tasks: 1. Report and discuss with the Technical Audit Senior Supervisor and Technical Audit Manager the results of the controls testing and review of design of internal controls and substantive testing.
2. Perform analysis and decision making to effectively rank the audit issues/observations of its risk level.
3. Formulate effective and practical recommendations/solutions to the noted issues/observations.
4. Formulate recommendations on possible internal control improvements .
4. MONITOR AUDIT ISSUES AND AUDITEE ACTION PLANS Tasks: Extend the necessary assistance to the Compliance and Monitoring Division (CMD) during follow-up of all open issues.
5. DOCUMENT AUDIT PLANNING, PROCEDURE AND RESULTS Task: Document audit planning, procedure and results using an Audit Management System.
6. ENSURE CONTINUING PERSONAL GROWTH AND PROFESSIONALEDUCATION Tasks: Improve skills required in the conduct of audit, through formal education, certification, and/or experience.
7. ENSURECOMPLIANCE TO ALL APPLICABLE AUDIT STANDARDS Tasks: Ensure compliance to professional standards, rules, laws and regulations. (e.g., International Standard for the Professional Practice of Internal Auditing (ISPPIA), etc.)
8. ENSURE COMPLIANCE TO NGCP POLICIES Tasks: Ensure compliance to all NGCP Policies.
9. SAFETY AND QUALITY MANAGEMENT Tasks: 1. Complies with applicable regulations and NGCP standards on safety and quality.
2. Strives for the continuous improvement of NGCP processes necessary for the achievement of corporate objectives.
3. Upholds corporate policies and guidelines.
Requirements: Bachelor's Degree in Accountancy or Engineering Certified Public Accountant (CPA) or Registered Electrical Engineer 3 years of audit experience or 4 years of relevant combined experience in audit or finance; or Certified Lean Six Sigma Belt is a plus Please address your application letter to Mr. Leoncio S. Garcia II, Manager, Talent Sourcing and Resourcing Division, HR Talent and Organization. Submit the application letter and CV to Ms. Mercedes Gerardine Leonor Y. Montilla of HRTO(email: [email protected] )
Attention : In relation to the Data Privacy Act of 2012, please be reminded that by providing your personal details, you agree that NGCP may use such information as part of your application and our assessment of your qualifications to the position posted or any other position where your qualifications may fit. Should there be a need to revise submitted documents, you may re-submit as necessary within 7 days upon initial submission. The retention of the document is only 6months upon receipt, after the said period, any file (electronic or hardcopies) will be destroyed accordingly.
Interested applicants are requested to send their updated resume to [email protected] .
