Junior Audit Associate

HRTX; Makati; On-site; PHP 20,000 - 30,000; Full time

Job summary

HRTX is seeking an Audit Associate in Makati City to support external audit engagements across various industries. In this role, you'll execute audit procedures, assess internal controls, and assist in compliance documentation.

This opportunity is ideal for early-career professionals eager to develop technical expertise in public accounting while working closely with experienced auditors. Strong analytical skills, attention to detail, and proficiency in Microsoft Office are essential.

Qualifications

• 6 months to 1 year of relevant experience in external audit or accounting is preferred.
• Understanding of auditing principles and accounting standards.
• Basic knowledge of Philippine Financial Reporting Standards (PFRS) is an advantage.

Responsibilities

• Assist in planning, execution, and completion of external audit engagements.
• Perform audit procedures in accordance with Philippine Standards on Auditing (PSA).
• Prepare complete and accurate audit working papers.

Skills

Analytical skills

Problem-solving skills

Attention to detail

Communication skills

Education

Bachelor's Degree in Accountancy or related field

Tools

Microsoft Excel

Microsoft Word

Job description

The Audit Associate is responsible for supporting the execution of external audit and assurance engagements for clients across various industries. This role involves performing audit procedures, reviewing financial records, assessing internal controls, and assisting in the preparation of audit documentation to ensure compliance with applicable accounting and auditing standards.

The position offers extensive exposure to financial reporting, risk assessment, regulatory compliance, and business operations. Working closely with senior auditors and managers, the Audit Associate plays a key role in delivering high-quality audit services while developing technical expertise and professional competencies in public accounting.

This opportunity is ideal for early-career professionals seeking to build a strong foundation in external auditing and assurance services.

Key Responsibilities:

Audit Fieldwork and Engagement Execution

• Assist in the planning, execution, and completion of external audit engagements for clients across various industries.
• Perform audit procedures in accordance with Philippine Standards on Auditing (PSA), firm methodologies, and regulatory requirements.
• Conduct substantive testing, walkthroughs, analytical reviews, and test of controls to evaluate the accuracy and completeness of financial information.
• Examine accounting records, financial transactions, supporting documents, and schedules to validate account balances and financial statement assertions.
• Identify unusual transactions, inconsistencies, and potential risks that may impact financial reporting.

Financial Statement Review and Compliance

• Assist in reviewing financial statements and disclosures for compliance with Philippine Financial Reporting Standards (PFRS) and other applicable regulations.
• Verify the accuracy of financial information presented in reports and supporting schedules.
• Assess whether financial records and reporting practices comply with accounting standards and regulatory requirements.
• Support the preparation of audit findings, observations, and recommendations for management.

Audit Documentation and Working Papers

• Prepare complete, accurate, and well-organized audit working papers and supporting documentation.
• Ensure audit evidence is properly documented and sufficient to support audit conclusions.
• Maintain audit files in accordance with firm quality standards and documentation requirements.
• Monitor the status of audit requirements and ensure timely completion of assigned tasks.

Internal Control and Risk Assessment

• Assist in evaluating the design and effectiveness of internal controls implemented by clients.
• Document business processes and identify potential operational, financial, and compliance risks.
• Participate in risk assessment procedures to determine areas requiring increased audit focus.
• Contribute to the development of recommendations aimed at improving internal controls and operational efficiency.

Client Coordination and Communication

• Coordinate with clients regarding audit schedules, information requests, and submission of supporting documents.
• Maintain professional communication with client representatives throughout the audit process.
• Address audit inquiries and follow up on outstanding requirements to ensure timely completion of engagements.
• Build and maintain positive working relationships while upholding professional independence and ethical standards.

Team Collaboration and Professional Development

• Work closely with Audit Seniors, Supervisors, Managers, and Partners in executing engagement plans and achieving project objectives.
• Participate in engagement discussions, status meetings, and technical training programs.
• Stay updated on developments in accounting standards, auditing standards, taxation, and regulatory requirements.
• Contribute to a collaborative and high-performance team environment through effective communication and knowledge sharing.

Other Duties

• Assist in special audit, assurance, agreed-upon procedures, and advisory engagements as assigned.
• Support administrative and engagement-related activities necessary for the successful delivery of client services.
• Perform other responsibilities that may be assigned by management from time to time.

Qualifications:

• Bachelor's Degree in Accountancy, Accounting Technology, Financial Management, or any related business course.
• CPA license is an advantage but not required.
• Open to candidates with 6 months to 1 year of relevant experience in external audit, internal audit, accounting, bookkeeping, assurance, or related functions.
• Fresh graduates with strong internship exposure in audit or accounting may also be considered.
• Basic understanding of auditing principles, accounting standards, and financial reporting processes.
• Knowledge of Philippine Financial Reporting Standards (PFRS) and Philippine Standards on Auditing (PSA) is an advantage.
• Proficient in Microsoft Office applications, particularly Excel and Word.
• Strong analytical, problem-solving, and critical-thinking skills.
• Excellent attention to detail and ability to work with large volumes of financial data.
• Effective verbal and written communication skills.
• Ability to manage multiple assignments and work under tight deadlines.
• Willing to work onsite in Makati City.

Preferred Qualifications:

• Experience gained from a public accounting or audit firm environment.
• Exposure to financial statement audits, compliance reviews, or assurance engagements.
• Familiarity with accounting software, ERP systems, and audit tools.
• Demonstrated ability to work independently while maintaining accuracy and quality standards.