Financial Compliance Auditor

Smart Communications, Inc.; Makati; On-site; PHP 700,000 - 1,100,000; Full time

Job summary

Smart Communications, Inc. seeks an independent and objective assurance professional to evaluate and improve the effectiveness of risk management, control and governance processes related to SOX 404 compliance.

You will lead planning, risk assessment and scoping, coordinate internal and external requirements, monitor remediation of control deficiencies, administer the HighBond SOX 404 tool, and prepare periodic reports to the Audit Committee and stakeholders.

Qualifications

• 4–5 years of auditing experience with supervisory exposure
• Experience in telecommunications is advantageous
• Experience assessing compliance with financial regulations, especially SOX 404

Responsibilities

• Lead SOX 404 activities including planning, risk assessment and scoping
• Coordinate internal and external compliance requirements and monitor progress
• Validate remediation of control deficiencies and track progress
• Monitor Controls Self-Assessments and Sub-Certifications
• Prepare year-end reports to the Audit Committee and stakeholders
• Develop advisories, guidance and ad hoc requirements
• Administer HighBond SOX 404 tool and databases
• Generate reports and dashboards from relevant applications
• Test and monitor internal controls over financial reporting
• Communicate results and remediation plans to process owners
• Educate process owners on risk assessments and controls

Skills

SOX 404 compliance

Risk assessment

Internal controls

Auditing

Education

Accounting/Finance/IA degree

Tools

HighBond

Job description

Provide independent and objective assurance and consulting services to evaluate and improve the effectiveness of risk management, control and governance processes related to the compliance with applicable financial-related regulations, mainly compliance with SOX 404

REGULAR DUTIES AND RESPONSIBILITIES:

OPERATIONAL:

Lead the activities in line with the compliance with financial-related regulations, mainly the Group-wide compliance with SOX 404 for the following areas:

• Planning, risk assessment and scoping
• Coordination of internal and external compliance requirements, including monitoring and reporting of progress and status, identification and resolution of issues, prompt reporting and/or escalation of issues, etc.
• Monitoring and follow through of the validation of remediation of Control Deficiencies
• Monitoring of Controls Self-Assessments and Sub-Certifications
• Year-end closing requirements and preparation of regular reports to the Audit Committee and other stakeholders
• Development and communication of advisories / guidance and other ad hoc requirements
• Administration and maintenance of HighBond SOX 404 tool and databases
• Utilize relevant applications in the preparation of reports, dashboards, etc.

FINANCIAL:

• Test and monitor the continued effectiveness of relevant internal controls over financial reporting of concerned organizational units
• Assess the financial implications of control deficiencies identified and recommend improvement
• Communicate results and monitor the remediation of noted deficiencies in the design and / or operating effectiveness of relevant internal controls over financial reporting

ADMINISTRATIVE:

• Ensure compliance with policies and procedures of Internal Audit and the Company.

CUSTOMER (INTERNAL/EXTERNAL):

• Advise, educate, and train process owners on risk assessments and internal controls
• Build business partnership by understanding internal clients' organizational structure, functions, roles and responsibilities.

Performs other related duties and responsibilities that may be assigned from time to time.

Education

• College graduate preferably in Accounting, Internal Auditing, Finance, Economics, Business Administration, or related field
• At least 4 to 5 years auditing experience, preferably with at least 2 years in a supervisory role
• Experience working in telecommunications will be an advantage
• Preferably with working experience in assessing compliance with applicable financial-related regulations, mainly compliance with SOX 404