World Vision International

Regional Audit Manager – Philippines and Myanmar

Job Description

ORGANISATIONAL BACKGROUND:

VisionFund is the world’s largest Christian microfinance network. For more than a decade we have been improving the lives of children across the developing world, as we provide small loans and other financial services to families struggling in poverty. Our clients are able to build successful businesses, which enable them to ensure their children grow up healthy and educated.

As the microfinance subsidiary of World Vision, the world’s largest Christian relief, development and advocacy organisation, our microfinance institutions (MFIs) are found across the globe in Africa, Asia, Latin America and Eastern Europe.

Sharing the same vision as World Vision, VisionFund aims to provide ‘life in all its fullness’ to children throughout the world, as their parents receive small loans, improve their businesses and increase in ability to care for their children as family incomes multiply.

PURPOSE OF POSITION:

To lead and direct GIA's strategy and vision around risk in Philippines and Myanmar by partnering with key internal and external stakeholders in fulfilling the requirements the IIA standards and the GIA charter, including reporting to the MFI Audit Committees.

To act as a strategic partner to regional leadership, and MFI Audit Committees around risk management, governance and internal controls. Serve as a consultant to key business leaders to manage risk effectively in order to achieve VFI's objectives.

Lead and manage a team of professional auditors in Myanmar and Phiippines and provide assurance to MFI and VFI management and the VFI Board Audit Committee that controls are adequate to mitigate high and medium risk to the VFI network.

KEY RESPONSIBILITIES:

  • Lead and manage the internal audit functions within Philippines and Myanmar including directly leading audit assignments and activities of the country auditors by ensuring that risk based audit plans are developed and inplemented. This includes coordinating reviews, investigations at the regional level.

  • Engage in the hiring and management of MFI audit staff.

  • Assess the level of capacity and provide necessary coaching and training where required of MFI audit staff.

  • Providing leadership to MFI Internal Audit teams within Philippines and Myanmar.

  • Recruit, hire, train and directly supervise the audit staff in Myanmar and Philippines. Whereas in other MFIs there is a MFI Audit Manager who manages the team, in these two MFIs it is this regional role that will manage the audit teams.

  • directly. The MFI Audit staff will report directly to the RAM for Myanmar and Philippines while the RAM will report to the VFI Senior Audit Manager and to the Chairs of the MFI Board Audit Committees in Myanmar and Philippines.

  • Provide adequate technical oversight to MFI Internal Auditors in the Myanmar and Philippines MFIs.

  • Facilitate the understanding of the role of Internal Auditing in Philippines and Myanmar.

  • Ensure all WVI Internal Audit standards, IIA standards and VFI policies and procedures are followed in Philippines and Myanmar.

  • Provide a consulting and support role to Regional VFI and MFI management.

  • Monitor and provide advice to regional management on how to minimize significant audit risks and material audit findings by supporting Regional management in identifying areas of strength/best practices as well as weaknesses/areas for improvement in Philippines and Myanmar.

  • Advise the Regional VFI Director on critical issues in the Philippines and Myanmar MFIs.

  • Provide quarterly reports of audit results and semi-annual trends to regional management as agreed.

  • Network and coordinate with the WVI GC Audit Department and VFI Senior Audit Manager / VFI Audit Director regarding audit & internal control issues.

  • Coordinate special audits/investigations in Philippines & Myanmar as needed. Conduct or arrange to conduct special audits when required to do so.

  • Manage monthly and quarterly reporting to Philippines & Myanmar MFI Board Audit Committees and VFI by ensuring audit teams provide timely reports that are reviewed and delivered within the audit scheduled timeframes established.

KNOWLEDGE, SKILLS & ABILITIES:

  • Must have a university diploma or degree in accounting, auditing or similar financial qualification. A graduate degree in Accounting or Management is preferred.

  • Strong accounting and financial management skills required.

  • Must have at least 7 years experience in auditing (external and/or internal auditing) with audit experience of banking institution preferred.

  • Current certification (Certified Public Accountant, Certified Internal Auditor or Chartered Accountant) required

  • Must have good working knowledge of computerised accounting systems.

  • Must be able to work in a cross-cultural environment.

  • Must have experience in managing teams

  • Preference for language skills in Burmese and/or Filipino.

  • Experience with non-profit organizations preferred.

Work Environment:

  • The role will be based in Metro Manila at the World Vision Office, but there will be extensive travel within the Philippines and Myanmar, approximately 50% of the time.

  • The role will involve some travel to the field during audit engagements.      

  • When not on site, the postholder will be remotely line managing our internal audit teams in the Philippines and Myanamr, involving regular communciation via skype.

VisionFund International aims to be diversed and inclusive organisation and candidates of all backgrounds and cultures are welcomed.

We are dedicated to all our staff development and their success. We aspire for all employees to be fulfilled through their work and their contributions to an organisation working to provide long-term sustainable solutions to the world’s most vulnerable people.