Senior Auditor (Head Office)

Bank of Commerce (Philippines); Mandaluyong; On-site; PHP 900,000 - 1,200,000; Full time

Job summary

Bank of Commerce (Philippines) is seeking a Senior Internal Auditor to supervise the team of audit examiners and ensure proper protection and accounting of the Bank’s resources at Head Office. The role involves contributing to the annual audit plan, organizing and coordinating Head Office audit activities, and guiding junior staff.

The ideal candidate will have significant internal audit experience, at least 5 years with 2 years in supervisory roles, and hold an Accounting degree with a CPA

Qualifications

• Must have at least 5 years of Internal Audit experience with at least 2 years in supervisory capacity.
• Must be an Accounting Graduate and a CPA.

Responsibilities

• Supervise the team of audit examiners to ensure protection and accounting of Bank resources and efficiency of internal controls.
• Contribute to the Head Office annual audit plan using risk assessments to identify priorities and resource needs for the year.
• Assist in planning, organizing, directing, coordinating, and controlling Head Office Audit activities.
• Assist in achieving department objectives, targets, and strategies in support of division goals.
• Perform financial and operational audits of Head Office units and review audit procedures.
• Report progress of ongoing audits and discuss audit exceptions with auditees and management.

Skills

Internal Audit

Supervisory leadership

Risk assessment

Education

Accounting degree

CPA

Job description

• Supervise the team of audit examiners in ensuring that the Bank’s resources including its investment in operational units and departments at Head Office are adequately protected and accounted for, through analysis and review of financial transactions and records, test reliability of the accounting data and effectiveness of internal control, and attainment of maximum operational efficiency through timely submission of informative, reliable and accurate reports.
• Contribute to the Head Office annual audit plan using the input from the team and the risk assessment from the process owners to identify priorities and resource requirements for the year.
• Assist in planning, organizing, directing, coordinating, and controlling the activities of the Head Office Audit activities.

JOB DESCRIPTION

• Assist to achieve the set objectives, targets, and strategies of the Department in support of the goals and objectives of the Division.
• Performs and/or assists in the financial and operational audit of Head Office Units.
• Review audit procedures and programs executed by the junior auditor.
• Recommends to management aspects that are not in compliance or needs improvement.
• Reports the progress and development of ongoing audit examinations in the Departments.
• Conducts and/or assists the Department Head in the final discussion with the Auditees regarding audit exceptions as well as the auditee’s responses and applicable recommendations; follows up audit reports to conclusion.
• Participates in the sessions and deliberations of auditors on audit findings and internal control procedures.
• Handles the monitoring of audit issues on released reports/memoranda of Internal Audit Division Head Office Department.
• Disseminates Bank policies and BSP circulars and memoranda to subordinates during staff meeting to ensure that these are properly understood.
• Directs, guides, trains, motivates, and evaluates performance of junior auditors supervised during audits.
• Formulates monitoring systems and control measures to improve efficiency of the Department.
• Ensures coordination and harmonious working relations between the Departments of Internal Audit Division and with other work units of the Bank.
• Ensures adherence of junior auditor to company policies, procedures and control.
• Attends to opening of bids and/or offers received by the Bank from prospective buyers, suppliers, service-provider and other parties who are interested to transact with the Bank; attests to the completeness and accuracy of information per offer documents during the opening.
• Assists in the training/development of junior auditor, including selection and administration of training courses; administration of the career planning and performance evaluation processes in internal audit.
• Assists in administering/monitoring quality assurance and process improvement activities.
• Attend various trainings, seminars and other learning activities to keep abreast with current changes and emerging best practices of the internal auditing profession.
• Performs other duties as may be assigned by the Department Head/CAE.

JOB QUALIFICATION

• Must have at least 5 years of Internal Audit experience with at least 2 years in supervisory capacity.
• Must be an Accounting Graduate and a CPA.