Branch Audit Officer

RAFI MICRO-FINANCE; Batangas City; On-site; PHP 500,000 - 750,000; Full time

Job summary

RAFI Micro-Finance is seeking an Internal Auditor to support our risk-based assurance program in Batangas City. The role covers planning, execution, reporting, and follow-up of audits across operations, finance, IT, and compliance.

You will prepare work programs, conduct entrance conferences, document procedures, assess controls, identify fraud risks, and communicate findings to management. The incumbent participates in follow-up audits and helps improve department policies.

Responsibilities

• Prepare audit work programs, schedules, sampling, and required documentation.
• Analyze the auditee’s objectives, risks, controls, policies, and operational data.
• Develop audit procedures, scorecards, and checklists.
• Coordinate audit requirements and conduct planning/wrap-up meetings.
• Conduct entrance conferences and perform audit testing across operational, financial, compliance, IT, and other audit areas.
• Document audit procedures and monitor engagement progress.
• Identify and investigate fraud, irregularities, and control weaknesses.
• Consolidate audit findings and ratings and conduct branch-level exit conferences.
• Ensure compliance with health, safety, security, and expense policies.
• Review audit evidence and perform root-cause analysis.
• Develop practical recommendations to address control deficiencies and process inefficiencies.
• Prepare and update draft audit reports.
• Participate in exit conferences and communicate key audit findings to management and relevant stakeholders.
• Monitor and document agreed management actions.
• Follow up on corrective actions and clearance requests.
• Verify completion of agreed actions through review and testing.
• Conduct follow-up audits when required.
• Comply with and contribute to the improvement of department policies and procedures.
• Participate in training, competency development, performance monitoring, and other administrative activities.
• Support audit planning and maintain professional, ethical, and compliant workplace behavior.
• Perform risk-based audits and assess whether risks are properly identified, treated, and monitored.
• Evaluate the effectiveness of internal controls.
• Remain alert to fraud, irregularities, unethical acts, compliance issues, and legal concerns.
• Support the Internal Audit Group’s governance, risk management, and control objectives.

Job description

Main Roles & Responsibilities

1. Audit Planning

   • Prepare audit work programs, schedules, sampling, and required documentation.

   • Analyze the auditee’s objectives, risks, controls, policies, and operational data.

   • Develop audit procedures, scorecards, and checklists.

   • Coordinate audit requirements and conduct planning/wrap-up meetings.

2. Audit Execution

   • Conduct entrance conferences and perform audit testing across operational, financial, compliance, IT, and other audit areas.

   • Document audit procedures and monitor engagement progress.

   • Identify and investigate fraud, irregularities, and control weaknesses.

   • Consolidate audit findings and ratings and conduct branch-level exit conferences.

   • Ensure compliance with health, safety, security, and expense policies.

3. Reporting & Conclusion

   • Review audit evidence and perform root-cause analysis.

   • Develop practical recommendations to address control deficiencies and process inefficiencies.

   • Prepare and update draft audit reports.

   • Participate in exit conferences and communicate key audit findings to management and relevant stakeholders.

4. Follow-Up & Monitoring

   • Monitor and document agreed management actions.

   • Follow up on corrective actions and clearance requests.

   • Verify completion of agreed actions through review and testing.

   • Conduct follow-up audits when required.

5. Administrative & Department Responsibilities

   • Comply with and contribute to the improvement of department policies and procedures.

   • Participate in training, competency development, performance monitoring, and other administrative activities.

   • Support audit planning and maintain professional, ethical, and compliant workplace behavior.

6. Risk, Controls, Fraud & Compliance

   • Perform risk-based audits and assess whether risks are properly identified, treated, and monitored.

   • Evaluate the effectiveness of internal controls.

   • Remain alert to fraud, irregularities, unethical acts, compliance issues, and legal concerns.

   • Support the Internal Audit Group’s governance, risk management, and control objectives.