Financial Compliance Auditor

Smart Communications, Inc.; Makati; On-site; PHP 600,000 - 900,000; Full time

Job summary

Smart Communications, Inc. seeks an independent and objective auditor to provide assurance and consulting services to evaluate and improve risk management, control and governance processes, with emphasis on SOX 404 compliance.

The role covers planning, risk assessment, scoping, remediation monitoring, and educating process owners on internal controls, while coordinating with stakeholders and reporting to the Audit Committee.

Qualifications

• 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 SOX 404

Responsibilities

• Planning, risk assessment and scoping
• Coordination of internal and external compliance requirements, including monitoring and reporting of progress and status
• Monitoring and follow through 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
• 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.
• Test and monitor the continued effectiveness of relevant internal controls over financial reporting
• Assess the financial implications of control deficiencies identified and recommend improvement
• Communicate results and monitor the remediation of noted deficiencies

Skills

Auditing

Internal controls

Risk assessment

SOX 404

Education

Bachelor's degree in Accounting, Internal Auditing, Finance, Economics, or related field

Tools

HighBond SOX 404

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:

• 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