Audit Assistant

Baker's Fair & Foodmart Inc.; Metro Manila; On-site; PHP 279,000 - 502,000; Full time

Job summary

Baker's Fair & Foodmart Inc. in Metro Manila seeks an attentive Audit Assistant to support the audit team in reviewing financial and operational records, ensuring accuracy and compliance with internal controls and regulatory standards.

The role involves assisting auditors in planning and executing audits, preparing clear working papers, documenting procedures, and coordinating fieldwork with store and department personnel to collect required financial files and inventory data.

Responsibilities

• Audit execution and verification: assist in planning and carrying out internal, financial, or operational audits.
• Working papers and documentation: prepare clear audit working papers and supporting evidence detailing test procedures and findings.
• Compliance and control reviews: evaluate internal control systems and identify discrepancies or inefficiencies.
• Report drafting: summarize audit findings and assist in drafting formal audit reports for supervisory review.
• Fieldwork and coordination: liaise with store, branch, or departmental personnel to obtain required financial files and inventory counts.

Job description

Job Purpose

Supports the audit team in reviewing, evaluating, and testing financial and operational records. Helps ensure accuracy, adherence to internal controls, and compliance with company policies and regulatory standards.

Key Responsibilities

• Audit Execution & Verification: Assist senior auditors in planning and carrying out internal, financial, or operational audits. Examine financial statements, transaction receipts, vouchers, and ledger entries for accuracy and policy compliance.

• Working Papers & Documentation: Prepare clear, organized audit working papers, flowcharts, and supporting documentation detailing test procedures and evidence gathered.

• Compliance & Control Reviews: Help evaluate the effectiveness of internal control systems, identifying operational inefficiencies, financial discrepancies, or inventory/cash overages and shortages.

• Report Drafting: Summarize audit findings, draft initial observation summaries, and assist in preparing formal audit reports for supervisory review.

• Fieldwork & Coordination: Liaise with store, branch, or departmental personnel to obtain required financial files, clarify operational procedures, and conduct inventory counts.