Audit Associate

RUSTAN COMMERCIAL CORPORATION; Makati; On-site; PHP 420,000 - 620,000; Full time

Job summary

Rustan Commercial Corporation seeks an Audit Associate to support the execution of audit projects, prepare reports, and facilitate staff training to meet audit objectives. The role involves adhering to ethical standards and may include leading audits or supervising staff when required.

The candidate will assist in project planning, survey activities, and audit program development, while monitoring progress and ensuring accuracy of working papers.

Qualifications

• Bachelor's degree in Accountancy or Industrial Engineering or allied courses.
• 1–2 years experience in internal or external auditing or accounting in a supervisory capacity.
• Willing to work onsite in Makati City and open to conducting store/warehouse visits.

Responsibilities

• Assist Audit Manager in preparing an Audit Project Plan, timetable, and staff assignments.
• Survey operations to determine nature of operations and adequacy of internal controls.
• Prepare audit programs and ensure adherence to approved plans.

Skills

Analytical skills

Communication skills

Presentation skills

Computer literacy

Hardworking

Education

Bachelor's Degree in Accountancy

Bachelor's Degree in Industrial Engineering

Job description

The Audit Associate assists in the execution of audit projects, report preparation and staff training and development to ensure achievement of audit objectives in accordance with the Company's objectives. They adopt the Code of Ethics as promulgated by Audit and Accounting professional body. The Audit Associate may act as project lead auditor & supervise audit staff or may work alone, as deemed necessary.

A. AUDIT PROJECT EXECUTION

1. Assist Audit Manager in preparing an Audit Project Plan, ensuring its immediate implementation, preparing time table, and staff assignments (as deemed necessary). Audit Specialist may work alone or as lead auditor & supervise staff in a complex audit project.


2. Survey functions and activities in assigned projects in order to determine nature of operations and adequacy of control system.


3. Prepare audit program based on results of preliminary review and walkthrough and ensures adherence to approved program.


4. Assess progress of audit projects and adherence to budget and timetable.


5. Review audit working papers to ensure completeness, accuracy, and compliance with audit plans. Ensure all exceptions / conclusions are fully supported.


6. Conduct field visits (stores, warehouses, other areas) as deemed necessary

B. AUDIT REPORTING

1. Discuss and verify facts with auditees to acquire explanation for exceptions and weaknesses in internal controls and identify operations for improvements.


2. Prepare audit report on evaluated audit projects, conducts research and benchmarking to support audit recommendations.


3. Monitor and report implementation progress of audit recommendations.

C. ADMINISTRATIVE

1. Keep abreast of Company's policies and procedures; monitors compliance.


2. Uphold the Standards for Professional Practice in Internal Audit and Code of Ethics as promulgated by Audit and Accounting professional bodies.


3. Stay informed of developments in internal auditing standards and accounting standards


4. Promulgate improvement of internal business processes.


5. Maintain staff discipline and evaluate staff performance to ensure productivity and competence.


6. Performs other functions as necessary in the audit

Job Specifications

• Minimum Education: Bachelor's Degree in Accountancy, Industrial Engineering, and other allied courses


• Minimum Work Experience: 1-2 years experience in internal auditing or external auditing or accounting work in a supervisory capacity


• Must be willing to work onsite in Makati City and be open to conducting store and warehouse visits

Competencies

• Strong analytical skills


• Computer literate


• Good communication skills


• Strong analytical skills


• Presentation skills


• Hardworking and has positive work attitude