IT Audit Associate | Hybrid

PETNET, INC.; Philippines; Hybrid; PHP 600,000 - 900,000; Full time

Job summary

PETNET, INC. is seeking an IT Audit Associate to perform audit services on IT-related processes, head office units, and application systems.

The role focuses on fieldwork and will evaluate controls over assets and financial records in line with internal policies and external regulations. The successful candidate will conduct audit activities in accordance with Auditing Standards, assist engagement leads, and contribute to the development of audit plans while staying updated on regulatory

Qualifications

• Education: Must be a graduate of any accounting, business, finance or economics or IT related course with technical proficiency in internal audit or investigations.
• Experience: At least two (2) years in regular audit (internal or external).
• Proficient in Word, Excel and PowerPoint.

Responsibilities

• Contribute to delivery of ongoing engagement review programs to evaluate compliance and enhance client awareness.
• Conduct assigned audit activities and timely submit related deliverables.
• Perform audits per Auditing Standards, Internal Audit Charter and Manual.
• Guide associates in audit procedures and obtain understanding of business risks and controls.
• Assist team leads in developing and managing audit plans and take on additional responsibilities as needed.
• Monitor and support project and business implementations within Internal Audit.

Skills

Audit experience (2+ years)

Analytical thinking

Leadership

Adaptability

Education

Accounting, Business, Finance, Economics or IT-related

Tools

Microsoft Office

Job description

Your Impact on the Business

The IT Audit Associate conducts audit services to processes, head office units, branches, and application systems as assigned to him/her. The successful incumbent will be primarily assigned to fieldwork (estimated at 70%) and performs compliance and substantive tests to determine the adequacy of controls over the Company’s assets and financial records and evaluates audit clients' compliance with internal policies and procedures and external rules and regulations.

The IT Audit Associate conducts audit services to IT-related processes, IT support departments/units, and application systems as assigned to him/her. The successful incumbent will conduct audit fieldwork and perform compliance and substantive tests to determine the adequacy of controls over the Company’s assets and application systems and evaluate audit clients' compliance with internal policies and procedures and external rules and regulations.

The IT Audit Associate may be assigned as an audit engagement lead and assist other engagement team leads in developing and managing the execution of the audit plan. The successful incumbent also assists the team in conducting audit activities (either audit or advisory covering a process, unit, application system, or branch, or a pre-implementation review of an application system). You shall perform audit activities in accordance with applicable Auditing Standards, Internal Audit Charter and Manual. Keeping abreast of new techniques and changes in governmental laws, regulations and standards pertaining to internal auditing to ensure that appropriate changes to existing procedures are made is one of your roles as well.

Responsibilities

Operations

• Contribute on the delivery of ongoing engagement review programs designed to evaluate compliance and enhance client awareness of electoral financing requirements;

• Conduct assigned audit activities (either audit or advisory covering a process, unit, application system, or branch, or a pre-implementation review of an application system) and timely submits related deliverables

• Perform audit activities in accordance with applicable Auditing Standards, Internal Audit Charter and Manual;

• Guide associates in the conduct of audit procedures as needed;

• Obtain documents an understanding of business requirements related risks and relevant control measures;

• Assist other team leads in developing and managing the execution of the audit plan. May also assist the team in conducting audit activities (either audit or advisory covering a process, unit, application system, or branch, or a pre-implementation review of an application system);

• Pro-actively take on additional responsibilities and administration tasks as required by the assigned audit team lead.

Stakeholder’s Management

• Coordinate audit activities with customer’s workload and schedule;

• Make recommendations to the Chief Audit Executive, Audit Manager and process owners in cases where process owners have not complied with requirements, including possible corrective measures, fines and/or penalties;

Report Management

• Ensure audits and assessments are accurately recorded and documented in program databases and records systems to support enforcement action where necessary;

• Performs follow up audits on recommendations from prior audit reports;

Project Management

• Contribute in various Internal Audit Projects to identify the requirements and expected results, coordinate with stakeholders, monitor progress, and documentation;

• Act as a subject matter expert, to improve and enhance program-specific audit and assessment systems

• Support ad hoc projects initiated by the first line and second line of defense;

• Keeps abreast of new techniques and changes in governmental laws, regulations and standards pertaining to internal auditing to ensure that appropriate changes to existing procedures are made;

• Monitor, work closely as well as provide support on project and business implementations initiated by the Group, business and support units that concern Internal Audit;

People Development

• Builds the capabilities of the assigned team members by proactively managing the performance and competency development of each team member;

• Implements Performance Management of team members from performance, planning, monitoring, evaluation, and improvement to ensure career progression;

• Clarifies the roles, responsibilities and KPIs of each team member are understood to ensure achievement of targets; reviews and initiates modification as business requires;

• Trains and mentors team members in the execution of their duties, ensuring constant improvement in their professional skills, and preparing them for succession planning;

• Motivates, inspires and disciplines, when needed, team members to maximize their potentials and capabilities; and

• Create an atmosphere of respect, trust and accountability among team members to facilitate analytical, problem-solving and innovative thinking.
  

Qualifications

• Education: Must be a graduate of any accounting, business, finance or economics or IT related course (for Information Systems/IT Audit) with technical proficiency on the conduct of internal audit or investigations

• Experience: Must have at least two (2 years) experience in the regular audit (internal or external)

• Must be proficient in Windows-based applications such as Word, Excel and PowerPoint

• With good verbal/written communication and analytical thinking/problem solving skills

• Self-motivated, quality-conscious and with good leadership capabilities

• Has the ability to adapt quickly to varied assignments and rapidly changing audit conditions.

Working Conditions

• Working Setup. Hybrid, at least 5 times a month in the HQ located in Legaspi Village, Makati; and

• Working Schedule. Monday to Friday, 44 hours weekly.

Why Join us

• Our Purpose: To empower and uplift Filipinos by providing access and choices for financial inclusion

• Our Mission: We put the customer first by delivering innovative, reliable, and secure solutions to all our stakeholders and through digital and human touchpoints.

• Our Vision: A nation where financial services are inclusive and borderless

• Industry Leadership: As a subsidiary of Union Bank of the Philippines, PETNET is backed by a strong financial institution that leads the way in delivering innovative solutions and revolutionizing the banking industry.

• Professional Growth: We foster a culture of continuous learning and personal development. By joining our team, you will have access to training programs, mentorship opportunities, and a supportive work environment that encourages growth and progression.

• Team Collaboration: At PETNET, we believe in the power of collaboration and teamwork. You will have the opportunity to work alongside talented professionals, exchange ideas, and contribute to meaningful projects that shape the future of financial services.

• Impactful Work: Our services play a crucial role in facilitating global transactions, cross-border payments, and financial inclusivity. By joining us, you will make a tangible impact on individuals, businesses, and communities, both locally and globally.

If you are driven, innovative, and eager to make a difference, we invite you to join our team at PETNET. Be part of an organization that values excellence, fosters growth, and champions transformative solutions in the financial services sector.