Technical Audit Manager - Makati - PNB Holdings Corporation

Paglalarawan

GENERAL PURPOSE OF THE JOB:

The Technical Audit Manager shall assist the Chief Audit Executive (CAE) or its designate in effectively carrying out the Audit and Risk Management Committee's (ARMC)'s oversight responsibility to its shareholders by providing independent, risk-based and objective assurance, advice, insight and foresight, with focus on technical and operational aspects and activities of the company, as well as ensuring compliance of the IA function to the Global Internal Audit Standards, ensuring quality and consistency of IA output.

DUTIES AND RESPONSIBILITIES

• Supports the CAE or designate in establishing, refining, and achieving the IA function's mandates, strategies, goals and objectives.
• Assists in the preparation of the risk-based work plan, including any changes thereto.
• Performs effectively and efficiently independent and objective assurance reviews and conduct advisory services relating to the company's financial reporting process, risk management, governance, internal controls, and regulatory compliance.
• Executes and completes, in a timely manner, with quality and minimal supervision all assigned audit and advisory engagements in support of annual/quarterly IA Work Plan.
• Prepares quality and timely audit and advisory reports and effectively communicate findings/results to Management and the Audit and Risk Management Committee.
• Identifies effectively gaps and provide value-adding recommendations to Management.
• Assists in the creation, documentation, regular review and update of Internal Audit policies, procedures, and manual. Establish a consistent and effective methodology for risk assessments, audit documentation and reporting.
• Coordinates and facilitates the requirements of external auditors, including performing review of external auditor performance, as needed.
• Promotes ethics, values, and a risk-conscious culture within the company and ensure performance of IA tasks and activities according to Globally-accepted Internal Audit Standards, IA Charter, manual, company policies and other relevant regulatory requirements and best practices.
• Conducts Quality Assurance and Improvement Program (QAIP) related activities; assess compliance of IA activities according to the Global Internal Audit Standards. Perform regular self-assessment/peer review and ongoing monitoring of IA processes against professional standards
• Assess the need and develop strategies/long-term plans for conduct of external assessment in line with Global IA Standards. Regularly conduct quality inspection or review of working papers to ensure that they sufficiently document information obtained, analysis made and support conclusion.
• Conducts regular, routine, or surprise inspections of company sites, properties and/or assets as part of planned engagements or Management request.
• Supervises and mentors audit staff; foster professional development for self and others.
• Reviews, improves and automates existing manual process of IA or relevant business units; develop scripts/analytics on identified process areas.
• Reviews and provides value adding recommendations and insights to existing processes, policies and procedures.
• Develops mechanisms to effectively acquire post engagement feedback with quantitative and qualitative comments providing specific areas for improvement.
• Performs special projects, engagements, or any other task at the instruction or request of the CAE, Audit and Risk Management Committee/Board, Senior Management and/or the parent company.
• Assists in the preparation and review of compliance requirements needed for listing and timely submission of disclosure/corporate governance requirements of a publicly-listed entity or entity
• Provides assurance over ESG reporting, corporate governance, related party or other regulatory disclosures of the company, as necessary.

Other tasks

• Performs benchmarking activities including creation and/or implementation of frameworks, metrics or models relevant to internal audit and/or risk management.
• Attends to internal or external training and conferences relevant to the job or in increasing knowledge or skills, as needed.
• Acts as project manager, member, or proponent for activities or programs (such as implementation of internal audit programs or systems), as needed.
• Explores and recommends end-to-end audit software to automate the entire audit lifecycle, from planning and risk assessment to reporting and follow-up which includes a centralized repository for all audit documentation that reduces data loss and streamlines the review process.
• Assists the CAE in the preparation of budget, reports, performance measures/KPIs, etc. for Management and the Audit and Risk Management, as needed.
• Assists in the organizing of activities, events, or preparation of materials geared towards improving risk management, internal controls or organizational culture of the company (e.g. workshops, events, seminars, etc.)
• Supports process improvement and/or capability building initiatives of the company or
• Attends and actively support company and parent group or subsidiaries' initiatives relevant to people development, risk management, internal audit, business continuity, digitization, etc.

JOB PROFILE

Educational Background

• Must be a graduate of a bachelor of science in Engineering or Accountancy

Professional Background

• Must have at least of 8 years working experience in technical audit or assurance and 3 years experience in supervisory or managerial capacity in a public company or a company engaged in real estate, construction, leasing, property management or similar industry. Must have people handling experience for supervisors and up.
• Preferably a Registered Engineer or a Certified Public Accountant
• Preferable with audit-related certification (i.e. CPA, CIA, CISA, CCSA, CFE, etc.)

Knowledge Requirements

• Knowledge of the General Internal Audit Standards (GIAS) or "Standards" of the Institute of Internal Auditors (IIA) and general internal audit methodology.
• Knowledge of the real estate industry, or background of construction process and its related processes in general.
• Knowledge of SAP or equivalent ERP and GRC systems.
• Knowledge of basic financial systems and reporting process.
• Knowledge of Computer-Assisted Auditing Techniques (CAATs) and use of analytical tools (i.e. scripting or data processing)
• Knowledge of general IT process and systems.

Skills Requirements

Core Skills

• Must be able to apply internal audit methodology according to the Global Internal Auditing Standards (GIAS) of the Institute of Internal Auditors (IIA)
• Must be able to execute Quality Assurance and Improvement Program and assess the IA activity's disclosure of conformance against the Standards
• Must be able to demonstrate all required internal audit competency through continuing professional development and self-improvement.

Technical Skills

• Must have business acumen and understanding of business process to examine risks and controls objectively.
• Must have knowledge of organizational governance, fraud, risk management, internal controls processes.
• Must be able to perform root cause analysis and provide value-adding recommendations to Management.
• Must have strong analytical and critical thinking skills to identify risks and anomalies.
• Must be able to use Computer-Assisted Auditing Techniques/Tools and produce timely and meaningful output or results.
• Must have general IT and background of construction process or industry.
• Must have Accounting and Finance knowledge to evaluate financial statement accuracy and reasonableness.

Leadership and People Management

• Must have strong oral and written communication skills for preparing quality and error-free reports and conveying results with stakeholders
• Must be able to perform strategic planning (i.e. preparation of risk-based audit work plan) and individual audit and advisory engagements with minimal support.
• Must have effective negotiation and conflict resolution skills to discuss and dispose independently the findings and observations;
• Must be able to objectively evaluate self and other's performance relevant to established performance measures and identify points for improvement.

Ability Requirements

• ability to execute audit and advisory engagements in an effective and timely manner; must be able work under pressure and in extended working hours (if necessary),
• ability to complete ad hoc deliverables and accomplish tasks efficiently
• ability to handle multiple projects or engagements at the same time
• ability to organize events, activities relevant to the function
• ability to document relevant business processes or activities, as necessary
• ability to strategize and re-strategize on the best approach/methodology to accomplish set tasks

𝐏𝐇𝐂 𝐢𝐬 𝐚 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐭𝐡𝐚𝐭 𝐯𝐚𝐥𝐮𝐞𝐬 𝐃𝐢𝐯𝐞𝐫𝐬𝐢𝐭𝐲, 𝐄𝐪𝐮𝐚𝐥𝐢𝐭𝐲, 𝐚𝐧𝐝 𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧. 𝐖𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐝 𝐭𝐨 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐚 𝐭𝐞𝐚𝐦 𝐰𝐢𝐭𝐡 𝐝𝐢𝐯𝐞𝐫𝐬𝐞 𝐭𝐚𝐥𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐬𝐤𝐢𝐥𝐥𝐬 𝐫𝐞𝐠𝐚𝐫𝐝𝐥𝐞𝐬𝐬 𝐨𝐟 𝐛𝐚𝐜𝐤𝐠𝐫𝐨𝐮𝐧𝐝𝐬 𝐚𝐧𝐝 𝐜𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐚𝐧 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭 𝐭𝐡𝐚𝐭 𝐫𝐞𝐬𝐩𝐞𝐜𝐭𝐬 𝐚𝐧𝐝 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐬 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬.