Audit Officer

Job Posting Organization:
The Asian Development Bank (ADB) is a leading multilateral development bank established in 1966, headquartered in Manila, Philippines. ADB's mission is to alleviate poverty and promote sustainable development in the Asia-Pacific region. The organization is owned by 69 members, with 50 of them from the region, and it employs a diverse workforce dedicated to fostering prosperity across Asia. ADB collaborates with its members and partners to address complex challenges, utilizing innovative financial tools and strategic partnerships to transform lives and build quality infrastructure. The organization emphasizes inclusivity and equal opportunities for all employees, encouraging applications from individuals of diverse backgrounds.

Job Overview:
As an Audit Officer at ADB, you will play a crucial role in the Office of the Auditor General (OAG), contributing to independent and objective assurance and advisory services. Your responsibilities will include formulating strategies and recommendations aimed at enhancing efficiency, effectiveness, and internal controls within ADB's operations. You will be involved in the planning, execution, and reporting of assurance and advisory services, working under the guidance of senior staff. The role also entails conducting small-sized or routine audits and advisory services independently, thereby directly impacting the organization's operational integrity and effectiveness. Your contributions will help identify opportunities for improvement and ensure compliance with established regulations and policies, ultimately supporting ADB's mission to foster sustainable development in the region.

Duties and Responsibilities:
The Audit Officer will be responsible for providing independent, risk-based audit and advisory services that enhance the efficiency, effectiveness, and integrity of ADB's business processes and internal controls. Key duties include:

• Contributing to the planning and execution of independent audits of business processes and internal control systems.
• Developing findings and issues, formulating solutions to root causes, and preparing and finalizing audit/advisory reports.
• Identifying opportunities to improve the efficiency, effectiveness, and reliability of processes.
• Maintaining high-quality working papers and audit reports that are accurate and timely.
• Assessing compliance with established rules, regulations, policies, guidelines, and procedures.
• Monitoring and reporting on the status of management actions' implementation.
• Providing advisory services to enhance the efficiency and effectiveness of clients' business processes.
• Contributing to continuous improvement efforts and implementing best practices within OAG.
• Sharing knowledge and participating in interdepartmental task forces or working groups as assigned.

Required Qualifications:
Candidates must possess a Bachelor's degree in Business Administration, Accounting, Finance, Information Systems, or related fields, with advanced training preferred. Professional certification as a Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Public Accountant (CPA), or equivalent is highly desirable. Additionally, candidates should have at least 8 years of relevant experience in auditing, accounting, finance, information systems, or related fields, particularly within financial institutions or large organizations. Demonstrated experience in conducting various audits and strong analytical skills are essential, along with the ability to make well-reasoned decisions and handle sensitive information appropriately. Familiarity with TeamMate audit software and ACL or other data analysis software is preferred, as is experience in developing rapport in a multicultural environment and working collaboratively as a constructive team member.

Educational Background:
The position requires a Bachelor's degree in a relevant field such as Business Administration, Accounting, Finance, or Information Systems. Advanced training in these areas is preferred, indicating a higher level of expertise and knowledge that can contribute to the role's responsibilities effectively.

Experience:
The ideal candidate should have a minimum of 8 years of experience in auditing, accounting, finance, information systems, or related fields. This experience should preferably be gained in financial institutions or large organizations, demonstrating a solid understanding of audit processes and practices. Candidates should also have a proven track record of conducting various types of audits, showcasing their ability to handle complex auditing tasks and responsibilities.

Languages:
Proficiency in English, both written and verbal, is mandatory for this position. This proficiency is crucial for effective communication within the organization and with external stakeholders. While English is the primary language required, knowledge of additional languages may be considered an asset, particularly in a multicultural environment like ADB.

Additional Notes:
This position is a fixed-term appointment for an initial period of 3 years, with the possibility of extension for up to 2 additional years, conversion to a regular appointment, or termination at the end of the initial period based on ADB's needs and the employee's performance. The role is full-time and open to both internal and external applicants. ADB offers a competitive salary and a comprehensive benefits package, including housing and education allowances (if applicable), retirement plans, medical and health benefits, paid leave (including parental leave), life and other insurance plans, and opportunities for staff development.