Internal Audit Associate

Newport World Resorts; Pasay; On-site; PHP 300,000 - 460,000; Full time

Job summary

Newport World Resorts is seeking an Internal Audit Associate to support fieldwork, interviews, and document examination. You will prepare working papers and substantiated audit findings for review by the Officer or higher.

Fresh graduates are welcome. Strong written and verbal communication, analytical and critical thinking, and proficiency in Google Suite and Excel are preferred, with opportunities to learn and grow in internal auditing and risk management.

Qualifications

• Fresh graduates are welcome to apply.
• Good verbal and written communication skills.
• Basic theoretical knowledge on internal auditing and risk management.
• Proficient in computer applications (Google Suite, Microsoft Office, Excel, etc.)

Responsibilities

• Assist in gathering initial information and data for planning audit strategies.
• Assist in risk assessment of the area under audit.
• Participate in audit planning discussions with data insights.
• Prepare tools and questionnaires prior to fieldwork.
• Perform understanding of processes and identify controls.
• Conduct audit procedures (interviews, document reviews, analysis).
• Prepare working papers and audit observations with recommendations.
• Submit audit briefs and findings within timelines.
• Follow up on implementation of audit actions.

Skills

Strong communication

Analytical thinking

Critical thinking

Google Suite proficiency

Microsoft Excel

Education

Bachelor's Degree in Accountancy/Internal Audit/Business

Tools

Google Suite

Microsoft Office

Excel

Job description

JOB SUMMARY

• The Internal Audit Associate executes the audit mostly through fieldwork where they perform interviews, observations, and examination of documents. , and complete work papers. They are expected to submit within the agreed timeline quality work papers and fully substantiated audit findings to the Officer (or higher) for review.

• In certain cases, the Internal Audit Associate may also be assigned in solo audits, particularly in simple consulting audits and stakeholder assistance, where the objective is to deliver the required results as agreed with the stakeholders (e.g., checking a specific PO, witnessing an activity, etc.).

RESPONSIBILITIES

Planning the Audit Engagement

• Assist in gathering initial information and data that will be used in planning the overall audit strategies, procedures, and focus areas.

• Assist in the risk assessment of the area or process under audit.

• Participate in audit planning discussions by presenting gathered data and providing relevant insights.

• Participate in discussions with business units on the scope of the audit engagement and required documents.

• Prepare tools and questionnaires prior to fieldwork

Audit Execution

• Perform thorough understanding of business unit's processes, completely and clearly, identifying controls that address process-level risks.

• Perform various audit procedures and testing (e.g. interview, document review, process analysis) in accordance with the approved audit engagement plan.

• Prepare quality working papers, documenting sufficient, reliable, and relevant audit evidence that supports audit conclusions.

• Prepare audit observation reports indicating identified issues and recommendations.

• Ensure timely submission, completeness, and proper safekeeping of pertinent reports and documents.

• Perform solo audits of simple subjects/areas, as may be assigned by the immediate superior.

• Provide constant updates to the Internal Audit Officer.

• Demonstrate excellent communication and maintain good professional relationships with stakeholders.

Documenting Audit Results

• Submit quality audit work papers, ensuring the minimum requirements are present.

• Submit complete and fully substantiated audit briefs and detailed audit observations within the set timeline.

• Assist in the preparation of materials for exit conferences and presentations, as well as arranging the meetings and preparing minutes.

• Participate in the presentation of findings to business units and respond to clarifications in the area of assignment, if necessary.

Audit Follow-up

• Follow up status of implementation of business units’ action plans to resolve audit finding, as assigned.

QUALIFICATIONS

• Graduate of Bachelor's Degree in Accountancy, Internal Audi, Business, or other similar courses.

• Fresh graduates are welcome to apply.

• No required experience as long as willing to learn.

• Good verbal and written communication skills

• Good analytical and critical thinking skills

• Basic theoretical knowledge on internal auditing and risk management

• Proficient in computer applications (Google Suite, Microsoft Office, Excel, etc.)