Job Overview
The Finance Specialist for Audit plays a pivotal role in supporting the Audit department by overseeing operational budgets, executing compliance and business process audits, conducting risk assessments, and ensuring the quality and timely completion of audit projects while contributing to staff development through training and performance evaluation.
Duties and Responsibilities
1. Assists Audit in the preparation of operational budget, audit plans and OGSMs
2. Monitor, manage and control audit projects by reviewing time charges, budget and timelines.
3. Execute small to difficult compliance and business process audit projects.
4. Ensure quality of audit staff’s projects by reviewing engagement letters, audit scope and objectives, process flows, risks assessments, audit tests results, workpapers and reports
5. Conduct risk-assessment meetings with process owners to identify controls to ensure that business objectives are achieved.
6. Plan and strategize audit activities to execute audit projects and plans. Communicate to audit delays in completing current projects in lieu for ad hoc projects.
7. Meet with audit client to determine audit objectives, scope, timelines, manhours, etc.
8. Perform risks assessments by identifying issues and controls and evaluating control design.
9. Customize audit procedures and test to verify operating effectiveness of designed controls.
10. Summarize audit exceptions, recommends courses of actions and discuss initially with audit client to obtain action plans to address identified issues.
11. Draft, effect changes and finalize audit reports. Furnish final report to auditee, audit committee and other concerned groups.
12. Organize work papers and documentations every after audit phase for submission to Audit Head for review.
13. Complete audit to dos and follow up notes by Audit head.
14. Contribute to audit staff competencies through facilitations and trainings of audit knowledge areas like SAP, ACL, etc. Determine trainings and other seminars valuable for the group.
15. Evaluate and provide feedback on staff performance.
Qualification
Skills and Competencies: Soft Skills: Analytical and problem solving skills, proficient in oral and written communication, human relations skill, investigative skills, project management skills
Technical Competencies: Proficient in data mining tools (ACL, Active Data, Others etc.), knowledge on internal control under the COSO framework, knowledge of Risk Assessment and forensic accounting, knowledge on ERP is preferred, knowledge in Internal Auditing best practices
Education and Experience: Bachelor of Science in Accountancy
At least 5-6 years’ experience in compliance audit.
Others: Certified Public Accountant