Internal Auditor

Job Description

Grace is seeking an Internal Auditor to join our Internal Audit team! This role reports to Manager, Internal Audit, located in Manila, Philippines. 

Responsible for planning, execution and conducting internal controls testing and Direct Assistance Testing for the External Auditors. The role involves conducting risk assessments, performing walkthroughs, and testing internal controls over Financial Reporting and IT General Controls. The testing includes the evaluation of the effectiveness of internal controls, identifying control deficiencies and process opportunities, and documenting the testing results. Additionally, the role supports audit engagements as assigned by the Internal Audit Manager and Senior Auditor and as directed by the VP, Corporate Controller. It also includes assisting the Internal Audit department with Direct Assistance efforts for External Auditors.

Responsibilities

• Plan and execute audit assignments which include assessing the design and operating effectiveness of the internal control structure and compliance with policies and procedures.
• Review risks and internal controls to ensure that the information are still effective and relevant.
• At least a year, conduct walkthroughs and provide inputs on the walkthrough documentation. Also, ensure to understand the changes in the control operating procedures to effectively plan the testing approach.
• Prepares and organizes audit working papers for assigned audit procedures and gather evidence to support audit observations and conclusions. Document tests results in the Internal Audit software (AuditBoard Tool).
• Develop and discuss findings, recommendations and timelines for corrective action with appropriate action owners and/or department leaders. Follow up recommended action items, as necessary.
• Partners with management to determine remediation steps and ensure corrective action are carried out.
• Provide valuable insights and value adding solutions through audit recommendations, based on the results of the review and audit, including identification of arears for opportunities in the process.
• Review controls and provide insights for opportunities regarding moving a manual control to automated.
• Participate in the adhoc or other audit projects and continuous monitoring audits, and provides suggestions to improve testing procedures and financial procedures.
• Works independently under general supervision with considerable latitude for initiative and independent judgment.
• Provides direct assistance to external auditors (performs work on behalf of external auditors and is supervised directly by external auditors).
• Perform individual research and projects as needed.

Required Qualifications

• Graduate of Bachelor’s/College Degree (Finance/Accountancy or equivalent)
• Minimum of two to four (2-4) years of recent experience in accounting and auditing
• Knowledge of and skill in applying internal auditing and accounting principles and practices and management principles and business practices
• Ability to handle multiple projects and tasks with changing priorities and evolving issues.
• Problem solving and decision-making skills to identify and address issues in order to mitigate risks.
• Strong attention to detail and ability to self-review work product.
• Proficient in Microsoft Office.  
• Knowledge of data analytic concepts.
• Understanding the principles of the Foreign Corrupt Practices Act and SOC reports.
• Ability to perform minimal travel.
• Willing to work extended hours as may be required, including mornings and evenings.
• Professional accounting and/or auditing certification a plus (CA, CPA, CIA, CISA or equivalent)

Preferred Qualifications

• Big 4 or Tier 2 Public Accounting firm and/or manufacturing /shared service center experience is a plus.
• Experience in SAP is a plus.

Benefits

• Guaranteed 14th month Pay
• Above-market Retirement Plan Design 
• LinkedIn Learning Access
• Established Performance Incentive Program
• HMO coverage for employees on day 1
• Free HMO coverage for up to 3 qualified dependents
• Educational Assistance

Dignified Workplace Commitment: Grace is committed to providing a dignified and inclusive work environment for all employees and welcomes and encourages diversity. This means that all employees are entitled to be treated in a respectful, professional, and inclusive manner, regardless of gender, race, ethnicity, sexual orientation, disability, religion, or any other aspect of their identity.