Internal Audit

Vantage Financial Corporation; Taguig; Hybrid; PHP 600,000 - 900,000; Full time

Job summary

Vantage Financial Corporation (operating under the name e-Biz) is seeking an Internal Auditor to provide independent assessment of operations, focusing on internal control, risk management, and governance processes. You will plan engagements, perform fieldwork, write reports, and monitor implementation of recommendations.

The role requires a Bachelor's degree in business, with CPA/CIA/CFE/CRA/CISA preferred, and at least 1 year in financial institution or branch operations audit.

Qualifications

• Bachelor's degree in any Business course (CPA/CIA/CFE/CRA/CISA preferred).
• At least 1 year experience from a financial institution or branch operations audit.
• Willing to be assigned on field and out of town assignments.

Responsibilities

• Engagement Planning: Performs pre-audit engagement planning, offsite review, and securing IA Management authorization for an audit engagement.
• Fieldwork: Conducts fieldwork per audit plan; reviews unit transactions against policies and procedures; evaluates risks; follows up on findings; signs and indexes working papers.
• Report Writing: Summarizes audit findings; updates Audit Program Guide; prepares drafts of reports for Team Leader review.
• Monitoring: Follows up on auditee responses; assesses effectiveness of audit recommendations.
• Others: Ensures security of company equipment; performs special audits or investigations as needed; adheres to IA policies.

Education

Bachelor's degree in any Business course, preferably CPA, CIA, CFE, CRA, CISA

Job description

Job Summary

Responsible for providing a reliable, independent and objective assessment of the Company's operations, aiming to add value, through a systematic and disciplined approach in evaluating and improving the effectiveness of internal control, risk management and governance processes.

Responsibilities

• Engagement Planning
  • Performs pre-audit engagement planning, offsite review, and securing IA Management authorization for an audit engagement.
• Fieldwork
  • Conducts fieldwork depending on the audit engagement plan
  • Performs audit work based on the Audit Program Guide and other procedures deemed necessary
  • Reviews if the Unit operates transactions in accordance with the Company's existing policies and procedures and other regulatory bodies
  • Evaluates Unit practices, which may expose the Company to risk
  • Follows up on a previously reported audit findings
  • Requests for IA Management approval for any changes of Audit Scope and Objectives
  • Performs a review of the adequacy of internal controls to arrive at a basis for the Audit Opinion
  • Signs, files and indexes working papers accordingly
• Report Writing
  • Summarizes audit findings for review of Team Leader prior to discussion with the Unit Officers
  • Summarizes and consolidates all audit findings prior to discussion with the Unit Officers
  • Updates the Audit Program Guide to include additional and applicable audit procedures
  • Prepares drafts of reports and submits within standard turnaround time (TAT) for review of Team Leader
• Monitoring
  • Follows up auditees' responses to audit recommendations
  • Follows through with the Business Units the effectiveness of implementation of the Audit recommendations or the failures of implementation
• Others
  • Ensures the security and proper maintenance of Company equipment and other resources assigned to area of responsibility
  • Performs special audit, cases investigation or consulting service to the Units from time to time
  • Witnesses opening of Sealed Bids
  • Adherence to the Internal Audit Department's policies, and those of the Company's
  • Other duties that may be assigned from time to time

Qualifications

• Bachelor's degree in any Business course, preferably CPA, CIA, CFE, CRA, CISA
• With at least 1 year experience from a financial institution or branch operations audit
• Willing to be assigned on field and out of town assignments

About Us

Vantage Financial Corporation (operating under the name e-Biz) is the Group's international money transfer service provider with additional offerings in its money change, bills payment, and airline ticketing services. Starting from just 3 service centers in 1999, e-Biz today operates in over 150+ locations across the country with an additional sub-agent network that complements its reach to over 1000+ locations nationwide.