Audit Manager

RCBC; Makati; On-site; PHP 500,000 - 900,000; Full time

Job summary

RCBC in Makati, Philippines, is hiring an Audit professional to support the Division and Department Head in formulating the Annual Audit Schedule and conducting regular exams of RCBC units. The role involves planning engagements, assessing risks, and developing audit strategies before fieldwork begins.

Key duties include reviewing findings, presenting with auditees, ensuring timely deliverables, and monitoring corrective actions on material exceptions.

Qualifications

• Graduation in Accountancy or related field with strong accounting knowledge.
• Knowledge of risk-based auditing, auditing standards and regulations.
• Background in banking operations and controls is preferred.

Responsibilities

• Assist in formulating the Annual Audit Schedule with senior leaders.
• Conduct regular and special examinations to evaluate control adequacy.
• Plan engagements, identify risks, and assess assigned units.
• Evaluate risk areas and prepare audit strategy and procedures.
• Review findings, present to auditees, and propose corrective actions.
• Ensure timely submission of audit reports and working papers.
• Monitor resolution of significant exceptions.
• Prepare audit programs for ongoing and evolving operations.

Skills

Risk-based audit

Auditing standards

Accounting standards

Banking regulations

Bank operations

People management

Analytical skills

Education

Bachelor’s degree in Accountancy/Accounting

CPA / CIA / CISA certification

Job description

• Assists the Division and Department Head in the formulation of the Annual Audit Schedule
• Perform regular and special examinations of the various units of RCBC to evaluate the adequacy of controls on each unit's business processes and risk awareness of the unit's personnel.
• Conduct engagement planning which involves familiarization, risk identification, and assessment of the assigned unit.
• Evaluate and assess the risk areas of each engagement, ensure the appropriateness of the audit objectives, and prepare the audit strategy and audit procedures before the start of the engagement.
• Review and approve audit findings before submission to the Auditee. Makes oral and written presentations to auditees during and after the audit examination, discusses deficiencies noted, recommends corrective actions to mitigate risks, and suggests improvements in operation and process.
• Ensure prompt submission of audit reports, audit working papers, and other deliverables for each engagement.
• Monitors resolution of corrective actions on significant exceptions.
• Prepares audit programs for units under initial audit / updates the existing audit program to conform to the current changes in operations and other business processes.

Job Summary

How will you contribute?

• Assists the Division and Department Head in the formulation of the Annual Audit Schedule
• Perform regular and special examinations of the various units of RCBC to evaluate the adequacy of controls on each unit's business processes and risk awareness of the unit's personnel.
• Conduct engagement planning which involves familiarization, risk identification, and assessment of the assigned unit.
• Evaluate and assess the risk areas of each engagement, ensure the appropriateness of the audit objectives, and prepare the audit strategy and audit procedures before the start of the engagement.
• Review and approve audit findings before submission to the Auditee. Makes oral and written presentations to auditees during and after the audit examination, discusses deficiencies noted, recommends corrective actions to mitigate risks, and suggests improvements in operation and process.
• Ensure prompt submission of audit reports, audit working papers, and other deliverables for each engagement.
• Monitors resolution of corrective actions on significant exceptions.
• Prepares audit programs for units under initial audit / updates the existing audit program to conform to the current changes in operations and other business processes.

What will make you successful?

• Graduate of a bachelor\'s degree in Accountancy, Internal Auditing, Finance, Economics, Business Administration, or related fields.
• Preferably CPA, CIA, or CISA.
• With basic knowledge of risk-based audit, auditing standards, accounting standards, banking regulations and bank operations and processes.
• Assertive and self-confident, good supervisory and people-management skills, multi-tasking capacity, good analytical and auditing skills