Internal Audit Manager

Private Advertiser; Makati; On-site; PHP 2,400,000 - 3,600,000; Full time

Job summary

Private Advertiser is seeking a Head of Internal Audit in the Philippines. The role oversees internal audit activities, ensuring compliance with policies and procedures, and developing a risk-based annual audit plan.

Responsibilities include executing the plan, guiding governance and risk management, reporting significant issues, and coordinating with external auditors. The candidate should be a CPA with at least five years in a senior role within a financial institution, and have extensive

Qualifications

• Must be a CPA.
• Minimum of 5 years in a senior position in an established financial institution.
• Extensive experience in Internal Audit including Information Technology Audit.
• Excellent communication skills.

Responsibilities

• Develop a flexible, risk-based annual audit plan.
• Implement the audit plan including special tasks or projects.
• Establish and ensure adherence to internal audit methodologies.
• Evaluate governance, risk management, and internal processes.
• Provide objective assessment and report significant issues and improvements.
• Monitor the status of outstanding audit items.
• Develop guidelines for consulting IA activities with external experts.
• Coordinate with external auditors in planning and conducting audits.
• Maintain a quality assurance and improvement program for internal audit.

Skills

Excellent communication skills

Internal Audit

IT Audit

Education

Certified Public Accountant (CPA)

Job description

Job Description:

The Head of Internal Audit is responsible for managing the Internal Audit activities. The IA Head, in the discharge of his/her duties, shall be accountable and responsible for the following:

• Ensure that the audits performed conform with the GIAS, this Internal Audit Charter, the IA manual, and the relevant policies and procedures of the Group, including the Code of Conduct

• Develop a flexible, risk-based, annual audit plan using appropriate methodology. The plan should be submitted to the Audit Committee for review and approval.

• Implement the annual audit plan, as approved, including, as appropriate, any special tasks or projects requested by the Audit Committee and/or the Senior Management.

• Establish and ensure adherence to methodologies designed to guide Internal Auditors

• Examine and evaluate the adequacy and effectiveness of the organization’s governance, risk management, and internal process as well as the quality of performance in carrying out assigned responsibilities to achieve the organization’s stated goals and objectives.

• Provide objective assessment and report significant issues and potential improvements on the adequacy and effectiveness of the organization’s processes for controlling its activities and managing risks.

• Monitor the status of outstanding audit items

• Establish guidelines for consulting IA activities with external experts which includes the resourcing, review, and monitoring of specific co-sourced/outsourced Internal Audit activities and managing the contractual relationship/engagement with the said service provider/s.

• Develop guidelines for consulting or advisory services that may be provided by internal audit to the business.

• Develop guidelines for coordination with the external auditors in the planning and conduct of external financial audit and in working with regulatory authorities during supervisory examinations.

• Develop and maintain a quality assurance and improvement program that covers all aspects of the internal audit function, and continuously monitors its effectiveness.

Qualifications Standard:

• Must be a CPA.

• Minimum of 5 years in a senior position of an established financial institution. Familiarity with operational, financial, quality assurance, and regulations of the capital markets and securities industry is a must.

• Extensive experience in performing Internal Audit functions including Information Technology Audit.

• Excellent communication skills.