Audit Associate | Hybrid

PETNET, INC.; Makati; Hybrid; PHP 480,000 - 720,000; Full time

Benefits offered by this job

Hybrid work setup

Job summary

PETNET, INC. in Makati seeks an Audit Associate to lead audits across processes, head office units, clusters, and application systems. You will perform fieldwork, tests, and guide teams to ensure robust controls over assets and records.

The role includes mentoring, collaborating with the Chief Audit Executive and managers, contributing to audit plans, and supporting internal investigations in a hybrid setup from Legaspi Village, Makati.

Qualifications

• Education: graduate of accounting, business, finance, economics or IT-related course with proficiency in internal audit or investigations.
• Experience: at least two (2) years in regular audit (internal or external).
• Proficient in Windows-based applications (Word, Excel, PowerPoint).
• Strong verbal/written communication and analytical thinking/problem solving skills.
• Self-motivated with leadership capabilities and adaptability to varied assignments.

Responsibilities

• Oversee delivery of ongoing engagement review programs to evaluate compliance and awareness of electoral financing requirements.
• Conduct audit activities or advisory work across processes, units, apps, or branches; submit deliverables timely.
• Follow Auditing Standards and Internal Audit Charter; guide auditors as needed.
• Distribute workload and coordinate assignments; monitor progress and budgets.
• Develop understanding of business risks and control measures; participate in audit planning and execution.

Skills

Leadership

Communication

Analytical thinking

Problem solving

Mentoring

Education

Accounting, Finance, Economics or IT-related

Tools

Word

Excel

PowerPoint

Job description

Your Impact on the Business

The Audit Associate shall be one of the lead in conducting audit services to processes, head office units, clusters and branches, and application systems as assigned to the successful incumbent. You might conduct audit fieldwork and perform compliance and substantive tests to determine the adequacy of controls over the Company’s assets and financial records and evaluate audit clients' compliance with internal policies and procedures and external rules and regulations.

You will perform as an engagement team leader (focused or non-complex engagement) or team member (complex or process family engagements). Can guide or coach associates or newly hired auditors. Mentors audit teammates in the conduct of audit activities and performance of audit procedures.

The Audit Associate shall oversee and lead the team in conducting case investigations in accordance with the Code of Conduct and Internal Audit Manual. Present the investigation results to the Senior Management and Audit Committee. Provide career guidance and coaching to his/her direct reports.

The role will work closely with the Chief Audit Executive, Audit Manager and Audit Assistant Manager to ensure effective operations of key elements of PETNET, Inc. Audit functions.

Responsibilities:

Operations

• Oversee the delivery of ongoing engagement review programs designed to evaluate compliance and enhance client awareness of electoral financing requirements;
• Conduct assigned audit activities (either audit or advisory covering a process, unit, application system, or branch, or a pre-implementation review of an application system) and timely submits related deliverables;
• Perform audit activities in accordance with applicable Auditing Standards, Internal Audit Charter and Manual;
• Guide auditors in the conduct of audit procedures as needed;
• Distribute and balances workload among team members in accordance with established work flow or job specialization to include coordinating assignments and audit activities of others such as planning, reviewing and monitoring of work and project budgets for adherence with deadlines;
• Obtain and documents an understanding of business requirements related risks and relevant control measures;
• Assist other team leads in developing and managing the execution of the audit plan. May also assist the team in conducting audit activities (either audit or advisory covering a process, unit, application system, or branch, or a pre-implementation review of an application system);
• Pro-actively take on additional responsibilities and administration tasks as required by the Audit Assistant Manager, Audit Manager and Chief Audit Executive;

Stakeholder’s Management

• Coordinate audit activities with customer’s workload and schedule;
• Make recommendations to the Chief Audit Executive, Audit Manager, Audit Assistant Manager and process owners in cases where process owners have not complied with requirements, including possible corrective measures, fines and/or penalties;

Report Management

• Ensure audits and assessments are accurately recorded and documented in program databases and records systems to support enforcement action where necessary;
• Performs follow up audits on recommendations from prior audit reports;

Project Management

• Contribute in various Internal Audit Projects to identify the requirements and expected results, coordinate with stakeholders, monitor progress, and documentation;
• Act as a subject matter expert, to improve and enhance program-specific audit and assessment systems
• Support ad hoc projects initiated by the first line and second line of defense;
• Keeps abreast of new techniques and changes in governmental laws, regulations and standards pertaining to internal auditing to ensure that appropriate changes to existing procedures are made;
• Monitor, work closely as well as provide support on project and business implementations initiated by the Group, business and support units that concern Internal Audit;

People Development

1. Builds the capabilities of the assigned team members by proactively managing the performance and competency development of each team member;
2. Implements Performance Management of team members from performance, planning, monitoring, evaluation and improvement to ensure career progression;
3. Clarifies the roles, responsibilities and KPIs of each team member are understood to ensure achievement of targets; reviews and initiates modification as business requires;
4. Trains and mentors team members in the execution of their duties, ensuring constant improvement in their professional skills, and preparing them for succession planning;
5. Motivates, inspires and disciplines, when needed, team members to maximize their potentials and capabilities; and
6. Create an atmosphere of respect, trust and accountability among team members to facilitate analytical, problem-solving and innovative thinking.

Qualifications

• Education: Must be a graduate of any accounting, business, finance or economics or IT related course (for Information Systems/IT Audit) with technical proficiency on the conduct of internal audit or investigations
• Experience: Must have at least two (2 years) experience in the regular audit (internal or external)
• Must be proficient in Windows-based applications such as Word, Excel and PowerPoint
• With good verbal/written communication and analytical thinking/problem solving skills
• Self-motivated, quality-conscious and with good leadership capabilities
• Has the ability to adapt quickly to varied assignments and rapidly changing audit conditions.

Working Conditions:

• Working Setup. Hybrid, at least 5 times a month in the HQ located in Legaspi Village, Makati; and
• Working Schedule. Monday to Friday, 44 hours weekly.

Why Join us?

• Our Purpose: To empower and uplift Filipinos by providing access and choices for financial inclusion
• Our Mission: We put the customer first by delivering innovative, reliable, and secure solutions to all our stakeholders and through digital and human touchpoints.
• Our Vision: A nation where financial services are inclusive and borderless
• Industry Leadership: As a subsidiary of Union Bank of the Philippines, PETNET is backed by a strong financial institution that leads the way in delivering innovative solutions and revolutionizing the banking industry.
• Professional Growth: We foster a culture of continuous learning and personal development. By joining our team, you will have access to training programs, mentorship opportunities, and a supportive work environment that encourages growth and progression.
• Team Collaboration: At PETNET, we believe in the power of collaboration and teamwork. You will have the opportunity to work alongside talented professionals, exchange ideas, and contribute to meaningful projects that shape the future of financial services.
• Impactful Work: Our services play a crucial role in facilitating global transactions, cross-border payments, and financial inclusivity. By joining us, you will make a tangible impact on individuals, businesses, and communities, both locally and globally.

If you are driven, innovative, and eager to make a difference, we invite you to join our team at PETNET. Be part of an organization that values excellence, fosters growth, and champions transformative solutions in the financial services sector.