A. Job Summary

The Internal Audit and Compliance Supervisor is responsible for the effective supervision of periodic reviews and audits of existing systems, operational processes and information/data of the assigned business unit.

He/she supervises the team to achieve process improvements, integrity in the financial statements, and effective preservation of company assets that results to maximized revenues, cost saving and profits. He/she will be reporting to the IA&C Manager.

B. Duties and Responsibilities

Risk Management

• Supervises the collection of findings of any examinations conducted by regulatory agencies and in the development and implementation of corrective action plans to resolve such findings.
• Works with management in handling employee violations of laws, rules, regulations and company standards by supervising investigative procedures and other procedures prescribed under company policies.
• Supervises the audit activities and detects fraudulent transactions/activities/reporting within the organization
• Addresses risk issues of the assigned business unit that may impact the organization.

Governance

• Checks audit reports and documentation that are completed and reviewed prior to submission to BOD.
• Supervises the monitoring of progress in the established IA&C plans that are aligned to KRAs of Strategic Business Units (SBU) and Partners (SBP).
• Provides updates of IA&C related and applicable laws, rules, regulations, policies and procedures.
• Consolidates reports for the management to determine the status of IA&C plans, overall progress in implementing approved recommendations, and identified areas of non-compliance.
• Monitors strict adherence to approved audit programs and time budgets.

Internal Controls

• Creates guidelines and standards for financial, operations and management audit activities.
• Supervises compliance with Company Policies and with relevant best practices standards.
• Provides input in improving Audit Framework for the Primer Group.
• Supervises the implementation of IA&C plans to ensure quality and continuous improvement in the Primer Group’s internal control processes.
• Partners with external auditors during year-end financial assurance and operations review and provides assistance in the disclosure of the internal audit works.
• Consolidates financial analysis reports to the assigned business unit.

System

• Examines the management controls within an Information Technology Infrastructure.
• Checks and audits the compliance of the system if it is able to safeguard asset; maintain data integrity; ensure accessibility security matrix; confidentiality; availability; and operating effectively to achieve organization’s goals/objectives.

Operational (Stores, Warehouse, SBU, SBP, Financial)

• Prepare annual audit plan for the assigned units such as Store Operations and Inventory Count, Warehouse Inventory Count, Finance & Accounting Operations Audit, and all other policies and procedures covered & updated in Primer Group’s Policy Portal.
• Supervises the audit of cash, fixed assets and inventory of concessions, consignments, freestanding stores and warehouses of the Primer Group of Companies.
• Implements the standard auditing policies and procedures covering the scope of audits in the stores.
• Supervises the execution of the annual audit plans for the store operations and warehouse inventory count.

Supervision of Team Performance

• Conducts regular performance coaching and mentoring to team members.
• Recommends and identifies developmental plans of the team members necessary for their skills improvement and career growth.
• Responsible for regular performance management such as monitoring of daily audit transactions and compliance to service level agreements.
• Ensures compliance and implementation of the code of discipline and procedures to team members.
• Performs other tasks that may be assigned from time to time

• Bachelor’s Degree in Accounting and must be a Certified Public Accountant (CPA)
• Preferably CIA and/or CISA.
• With at least 5 year of experience in Accounting, Audit and FS analysis and preparation.
• Preferably with experience working in audit and accounting firms

Training/Skills Requirement

• In-depth knowledge of GAAP, IFRS and government regulatory requirements
• Has strong interpersonal and leadership skills
• Experience on advance audit methodologies and techniques including big data analytics
• Knowledgeable in formulating financial analysis
• Technology savvy and critical thinker
• Knowledge in wide variety of industries such as retail, industrial, new ventures, shared services, etc
• Advanced in risk assessment/management and process improvement
• Advanced in verbal and written communication skills