Audit Associate

Island Air Products Corporation; Pasay; On-site; PHP 279,000 - 390,600; Full time

Job summary

A prominent auditing firm is seeking an Audit Field Staff to conduct on-site audits of branches and sales centers. The ideal candidate will perform a variety of audits, including inventory and sales, while ensuring compliance with company policies. This role requires a Bachelor's degree in Accountancy or related field, along with 1-2 years of experience in auditing. Strong analytical skills, integrity, and attention to detail are essential. The position involves fieldwork and travel to various branches.

Qualifications

• 1–2 years of experience in auditing, accounting, or field audit work.
• Knowledge of basic accounting principles and internal control systems.
• Willing to do fieldwork and travel.

Responsibilities

• Conduct regular and special audits of branches and sales centers.
• Perform verification of financial records and operational procedures.
• Prepare audit working papers and detailed reports.

Skills

Attention to detail

Analytical skills

Report writing skills

Integrity

Education

Bachelor’s degree in Accountancy, Finance, or related course

Job description

Job Description: Audit Field Staff

Position Title: Audit Field Staff

Department: Internal Audit / Finance

Reports To: Audit Supervisor / Audit Manager

Job Summary

The Audit Field Staff is responsible for conducting on-site audits of branches and sales centers to ensure compliance with company policies, accounting standards, and internal controls. The role involves verifying financial records, inventory, sales, collections, and operational procedures, and reporting audit findings to management.

Duties and Responsibilities

Field Audit Operations

• Conduct regular and special audits of branches, warehouses, and sales centers
• Perform on-site verification of sales, collections, expenses, and inventory.
• Ensure compliance with company policies, procedures, and internal controls.

Sales and Collection Audit

• Verify daily sales reports, charge sales, and cash sales
• Validate cash and check collections, including post-dated checks
• Reconcile sales against official receipts and deposit records

Inventory Audit

• Conduct physical inventory count of full and empty cylinders, products, and supplies.
• Validate inventory balances against accounting and warehouse records.
• Review loaned cylinders and ensure proper documentation.

Expense and Disbursement Review

• Examine expense reports and disbursements for accuracy and proper authorization.
• Audit supporting documents such as receipts, vouchers, and invoices.
• Identify irregular, unauthorized, or unsupported expenses.

1. Accounts Receivable Verification

• Review aging of accounts receivable.
• Validate customer balances and coordinate confirmations when necessary.
• Coordinate findings with Credit and Collection Officers.

Payroll and Cash Advance Audit

• Counter-check payroll summaries and cash advance records.
• Ensure proper approvals and compliance with company policies.

Compliance and Control Assessment

• Assess adherence to accounting procedures, audit standards, and internal controls.
• Identify risks, control weaknesses, and process gaps.
• Recommend corrective actions and improvements.

Audit Reporting

• Prepare audit working papers and detailed audit reports.
• Document audit findings, observations, and recommendations.
• Discuss audit results with branch personnel and audit supervisors.

Follow-up and Monitoring

• Conduct follow-up audits on previous findings.
• Monitor implementation of corrective actions by branches.

Other Responsibilities

• Assist in special audits, investigations, and management requests.
• Perform other audit-related tasks as assigned by the Audit Supervisor or Manager.

Qualifications

• Bachelor’s degree in Accountancy, Finance, Management Accounting, or related course.
• At least 1–2 years of experience in auditing, accounting, or field audit work (fresh graduates may be considered).
• Knowledge of basic accounting principles and internal control systems.
• Willing to do fieldwork and travel to branches.
• Strong attention to detail, analytical, and report-writing skills.
• Honest, objective, and able to handle confidential information.