Auditor, Internal Controls Assurance

QBE Insurance Group; Cebu City; On-site; PHP 600,000 - 820,000; Full time

Job summary

QBE Insurance Group seeks an Internal Controls Assurance professional to review and test control effectiveness across the finance environment. The role reports to a Team Lead with a dotted line to the Head of Group Finance Operation Risk & Assurance.

You will monitor testing universe, ensure adherence to assurance methodology, and collaborate with Divisional accounting teams to remediate deficiencies. Based in Manila or Cebu, you will support regulatory requirements and audit requests.

Qualifications

• At least 3-5 years’ experience in a similar role.
• Bachelor's degree or equivalent in finance, accounting or related field.
• Professional certifications preferred (CPA/CIA/CIAI).
• Understanding of internal auditing standards and risk management.

Responsibilities

• Undertake control audits across the Global QBE Finance environment.
• Assist with standardizing process and control documentation.
• Assess operating effectiveness of controls and challenge accounting teams to remediate deficiencies.
• Collaborate with stakeholders and manage audit requests and inquiries.
• Deliver reviews on time and within budget.

Skills

Accounting

Communication

Critical Thinking

Customer Service

Financial Auditing

Financial Data Reporting

Financial Management

Stakeholder Management

Management

Process Improvements

Risk Management

Self Motivation

Education

Bachelor's Degree in Finance/Accounting/Commerce

Tools

FMS

Job description

# Primary Details

Time Type: Full time

Worker Type: Employee

Based in Manila or Cebu and reporting to the Team Lead, Internal Controls Assurance. This role will undertake control audits across the Global QBE Finance environment, whilst also assisting with standardizing the process and control documentation across Finance.
This role will require incumbents to use judgement to assess the operating effectiveness of controls, evaluate the adequacy of supporting documentation, and challenge divisional accounting teams to remediate control deficiencies. This will require experience and understanding of financial controls and an ability to distinguish what is acceptable and what is not.
This role also has a dotted (matrix) reporting line into the Head of Group Finance Operation Risk & Assurance.

JOB FUNCTIONS

Strategy and Planning

• Active understanding of QBE.
• Proactively monitor the testing universe and related risk profiles and recommend changes and updates.
• Ensure that review work is aligned and the assurance methodology.
• Monitor and address regulatory requirements relating to ICA and support ICA audits designed to address regulatory requirements, if any.

Policy, Process and Procedures

• Deliver assigned work to expected quality and in line with assurance methodology and professional standards.
• Identify and propose improvements to the assurance testing programs.
• Actively and effectively uses related assurance technology, including WDesk, on as required on reviews and engagements.
• Effective and efficient management of resources, time and budgets.
• Compliance with GSSC and QBE policies.

Environmental Awareness/Customer Focus

• Build and maintain effective ongoing working relationships within the GSSC to understand needs and manage expectations.
• Evaluate the efficiency and effectiveness of business operations and processes.
• Identify issues and practical, commercial, and relevant recommendations.
• Collaborate with key stakeholders by sharing knowledge and delivering against audit requests and inquiries
• Demonstrate sound and up to date knowledge of the GSSC’s operations, insurance & BPO industry, and relevant regulatory requirements.

Technical Performance

• Apply professional and accounting judgement to not only assess the performance of controls but also evaluate the adequacy and completeness of the supporting documentation
• Make judgements on the effectiveness of controls and suggest improvements.
• Challenge divisional accounting teams to remediate control deficiencies.
• Review work and provide technical knowledge and guidance to ensure the adequacy of the review procedures
• Examine reports and related documentation, and demonstrate an attention to detail, to ensure achievement of business objectives
• Effective completion of reviews of moderately complex areas with minimal supervision.
• Conduct effective and efficient engagement meetings.
• Conduct special investigation reviews and ad hoc requests as needed.
• Deliver all scheduled reviews on time and to budget.

KNOWLEDGE

• Strong understanding of risk and internal control concepts, in particular relating to insurance business processes, BPO in general, and risk management.
• Understanding of internal auditing standards, governance frameworks and risk assessment practices.
• Understanding of basic aspects of accounting and financial reporting.
• Basic understanding of Philippines regulatory environment, including basic compliance obligations.
• Prior industry experience in financial services and insurance - desirable .

SKILLS

• Ability to work independently, with limited direction and guidance, and provide appropriate coaching to other internal audit team members.
• Strong verbal and written communication skills, to effectively present to peers and management.
• Ability to persuade others, sell ideas and obtain management buy-in for constructive change.
• Well-developed analytical and problem-solving skills
• Experience in performing multiple projects and working with varying team members.
• Adaptable to change and able to work in a high changing environment
• Use of desktop applications, including data analysis tools

EXPERIENCE

• At least 3-5 years’ experience in a similar role
• Relevant qualifications in finance, financial analysis, commerce or equivalent

EDUCATION

• Bachelor's Degree or equivalent combination of education and work experience

Licenses/Certifications

• Certified Public Accountant, Certified Internal Controls Auditor or Certified Internal Auditor (preferred)

Skills:

Accounting, Communication, Critical Thinking, Customer Service, Financial Auditing, Financial Data Reporting, Financial Management, Financial Management System (FMS), Intentional collaboration, Managing performance, Meeting Management, Process Improvements, Risk Management, Self Motivation, Stakeholder Management

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.