Senior Audit Officer - Asian Development Bank - Manila, Philippines

Office of the Auditor General

Closing Date: 26 February 2013 , 5:00 p.m. (1700 Manila Time, 0900 GMT)

 

Job Purpose:

The position is responsible for conducting in-depth audits, as well as advisory services, on nonsovereign, treasury and risk management function. The position is responsible for planning and supervising audit work; formulating relevant audit strategies, approaches, programs, and analyses; preparing audit reports; providing recommendations / advice to other Departments/Offices; and, if necessary, assisting external auditors.

Expected Outcomes

Takes the lead for ensuring the completion of a variety of tasks assigned by the supervisor, covering all or a combination of the following functions, depending on the situation/requirements of the Department/Office:

Audit Strategy, Approach and Techniques

• Ensures effective/efficient audits by:

• Formulating/adopting appropriate strategies/approaches and developing flexible audit plans, schedules and questionnaires on the basis of preliminary evaluation of qualitative, informative, statistical data;
• Formulating the audit work program to address defined audit objectives and scope; and
• Introducing sampling procedures and techniques to evaluate systems, procedures and related controls, manual or automated, on operational, accounting and financial data.

Advisory Services/Assistance to Departments and Offices

• Reviews requests for assistance and undertakes research and studies as a basis to advise other departments/offices on internal control aspects.

Audit Planning and Supervision

• Plans, executes, and oversees audits in accordance with a flexible audit program to:

• Assess compliance with existing policies, systems and procedures;
• Identify weaknesses in control systems; and
• Identify waste and abuse in the use of resources and potential risks and areas of fraud, and recommend improvements in economy, efficiency and effectiveness.

Audit Report Preparation

• Ensures preparation of comprehensive audit reports on findings/observations that describe the type/nature of deviations, deficiencies and inappropriate practices and activities;
• Formulates recommendations/measures for administrative/procedural improvements;
• Discusses findings/recommendations with auditee departments/offices;
• Monitors implementation of recommendations and conducts periodic follow-ups regarding their status.

Educational Requirements:

• Bachelor’s degree in Business Administration, Accounting, Economics or related fields; preferably with Master’s Degree or Equivalent.
• Preferably with professional qualification such as a Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), or equivalent.

Relevant Experience And Other Requirements:

Work Experience

• At least 8 years of relevant experience in auditing financial institutions or other large organizations; and with at least 4 years of supervisory experience.

Technical Knowledge

• Thorough understanding of auditing principles and techniques; and ability to apply the knowledge to audit field work and reporting.
• In-depth knowledge and understanding of nonsovereign operations (Loans, Equity and Guarantee operations) by Multilateral Development Banks, treasury operations (investment, funding and transaction processing) and risk management (credit, market and operational risk management).
• Working knowledge of ADB-standard computer software.
• Effective report-writing and communication skills in English.

People and Supervisory Skills

• Strong planning and organizing skills to handle many tasks with deadlines.
• Ability to develop rapport internally and externally in a multicultural environment.
• Able to work collaboratively with teams as a constructive team member.
• Strong oral and written communications skills.

Core Competencies:

Application of Technical Knowledge and Skills

• Applies updated advancements in own knowledge area to relevant tasks
• Applies knowledge and practical skills to independently perform some complex tasks
• Conveys the need to use updated project approaches

Client Orientation

• Delivers Divisional contributions across a variety of products and services to meet the needs of different clients
• Proposes options to clients that may better meet their needs than current approaches
• Defines and delivers to agreed standards with clients

Achieving Results and Problem Solving

• Conducts detailed research and analysis to determine appropriate methods for addressing the causes of issues
• Self-monitors achievement of results according to work plans
• Identifies different stakeholder needs and desired outcomes when planning for outcomes
• Independently solves problems and makes recommendations

Working Together

• Maintains collaborative relationships within the Department
• Works effectively with diverse colleagues in own and other Divisions and Departments
• Flexibly alters positions and adjusts previously stated points of view to support the group consensus
• Follows through on team priorities in the absence of a team leader

Communication and Knowledge Sharing

• Checks with audience’s level of understanding and awareness of required follow up actions
• Consistently seeks and addresses feedback on own performance
• Creates knowledge products endorsed for wider distribution
• Independently amends and clarifies messages and documents

Innovation and Change

• Actively supports work improvement and/or organizational change by work and deed
• Develops and adopts change plans to support Division initiatives on which one works
• Considers current and future client needs in proposing ideas
• Vocalizes early support for change
• Recommends inputs to new policies, systems and processes in immediate work area

Immediate Reporting Relationships / Other Information:

• Supervisor: Auditor General, Assistant Auditor General, Team Lead and/or designated International Staff
• The following staff positions may be supervised by the incumbent:
• Administrative Staff

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