Audit Specialist - Financial Operations

Manila Water Company, Inc.; Quezon City; On-site; PHP 300,000 - 540,000; Full time

Job summary

Manila Water Company, Inc. is seeking an Audit Specialist responsible for independently assessing business processes to improve risk management, controls, and governance.

You will contribute to audit planning, perform walkthroughs, collect and analyze evidence, and prepare working papers in line with ISPPIA standards. The role involves drafting findings and recommendations, following up on action items, and ensuring internal controls meet regulatory and corporate requirements.

Qualifications

• Must be a graduate of BS Accountancy or Internal Audit.
• At least one year of relevant industry/audit experience is an advantage.
• Fresh graduates are welcome to apply.

Responsibilities

• Conducts preliminary survey and assists in drafting engagement letter and audit work programs.
• Performs walkthroughs with process owners and reviews documented policies and procedures to identify control gaps in the design of the business processes and significant control effectiveness issues.
• Performs audit procedures, including identifying and defining issues and gathering, reviewing, and analyzing audit evidence.
• Collects, analyzes data & summarizes results of the audit engagement; ensures internal controls, guidelines, and mechanisms are adequate, functional & in compliance with regulatory standards, corporate policies & industry requirements.
• Prepares working papers in accordance with Internal Audit Documentation Guidelines to support the audit work done and ensure that the audit was performed under ISPPIA Standards; records all audit evidence obtained during auditing & investigations (if any).
• Validates and discusses initial audit findings and provides value-adding recommendations to process owners with the guidance and concurrence of the immediate manager.
• Drafts audit findings & recommendations for inclusion in the Audit Report.
• Performs quarterly follow-ups of open management action items.
• Archives and compiles audit-related files and working papers.
• Demonstrates sound knowledge of the quality control frameworks relevant to the audit engagement.
• Applies due professional care in the conduct of the audit.
• Upholds and complies with relevant ethics pronouncements or code of professional conduct and ethics during the performance of individual duties and responsibilities.

Skills

Audit procedures

Data analysis

Documentation

Internal controls

Ethics & professional conduct

Education

BS Accountancy

Internal Audit

Job description

The Audit Specialist is responsible for conducting an independent and objective assessment of the business processes within the Company, sharing its goals of creating and enhancing shareholder value. The Audit Specialist aims to assist the organization in accomplishing its objectives by bringing a systematic approach to evaluating and improving the effectiveness and efficiency of the Company's risk management, control, and governance processes.

Responsibilities

• Conducts preliminary survey and assists in drafting engagement letter and audit work programs.
• Performs walkthroughs with process owners and reviews documented policies and procedures to identify control gaps in the design of the business processes and significant control effectiveness issues.
• Performs audit procedures, including identifying and defining issues and gathering, reviewing, and analyzing audit evidence.
• Collects, analyzes data & summarizes results of the audit engagement; ensures that internal controls, guidelines, and mechanisms are adequate, functional & in compliance with regulatory standards, corporate policies & industry requirements.
• Prepares working papers in accordance with Internal Audit Documentation Guidelines to support the audit work done and ensure that the audit was performed under ISPPIA Standards; records all audit evidence obtained during auditing & investigations (if any).
• Validates and discusses initial audit findings and provides value-adding recommendations to process owners with the guidance and concurrence of the immediate manager.
• Drafts audit findings & recommendations for inclusion in the Audit Report.
• Performs quarterly follow-ups of open management action items.
• Archives and compiles audit-related files and working papers.
• Demonstrates sound knowledge of the quality control frameworks relevant to the audit engagement.
• Applies due professional care in the conduct of the audit.
• Upholds and complies with relevant ethics pronouncements or code of professional conduct and ethics during the performance of individual duties and responsibilities.

Qualifications

• Must be a graduate of BS Accountancy or Internal Audit
• At least one (1) year of relevant industry/audit experience is an advantage
• Fresh graduates are welcome to apply