Audit Assistant

Union Motor Corporation; Manila; On-site; PHP 279,000 - 502,000; Full time

Job summary

Union Motor Corporation is seeking an Audit Assistant to support internal audit processes within the dealership. You will conduct financial and operational audits, review records, and assess compliance with policies to identify risks.

This role involves tracking cash flow and accounts, ensuring assets are protected by controls, and preparing audit reports with findings and recommendations. You will collaborate with departments and stay updated on industry best practices.

Responsibilities

• Plan and carry out audit engagements in conjunction with the internal audit team, with an emphasis on financial and operational procedures
• Ensure procedures, policies, legislation and regulations are correctly followed and complied with
• Follow established audit standards and recommendations when conducting audit tests and processes
• Validate the effectiveness of controls over inventory, cashier, sales documentation, warranty claims, service billing and parts requisitions
• Prepare comprehensive and accurate audit reports that outline findings, recommendations, and corrective actions
• Collaborate with various departments to ensure internal policies and procedures are followed
• Stay updated with modifications to industry best practices, rules, and audit requirements
• Assist in responding to audit inquiries from internal and external auditors
• Be aware of the operational/environmental/occupational risk identification procedures and assessments to be followed, to prevent injuries and/or damage to client property and equipment
• Report risks relating to work/tasks or within the work environment to management and follow up by escalating if identified risk not addressed in agreed time frame

Job description

About the role

The Audit Assistant supports the internal audit process by conducting financial and operational audits within the dealership. The role involves reviewing financial records, assessing compliance with policies, and identifying risks or inefficiencies in dealership operations as well as tracking the cash flow and accounts of companies to ensure that they are being recorded and processed correctly, that assets are protected through appropriate control measures, and that financial records meet legal standards.

Key responsibilities

• Plan and carry out audit engagements in conjunction with the internal audit team, with an emphasis on financial and operational procedures
• Ensure procedures, policies, legislation and regulations are correctly followed and complied with
• Follow established audit standards and recommendations when conducting audit tests and processes
• Validate the effectiveness of controls over inventory, cashier, sales documentation, warranty claims, service billing and parts requisitions
• Prepare comprehensive and accurate audit reports that outline findings, recommendations, and corrective actions
• Collaborate with various departments to ensure internal policies and procedures are followed
• Stay updated with modifications to industry best practices, rules, and audit requirements
• Assist in responding to audit inquiries from internal and external auditors
• Be aware of the operational/environmental/occupational risk identification procedures and assessments to be followed, to prevent injuries and/or damage to client property and equipment
• Report risks relating to work/tasks or within the work environment to management and follow up by escalating if identified risk not addressed in agreed time frame