Audit Associate

This is a fully remote position, open to applicants in Philippines.

📋 Description

• Assist in the planning and execution of financial, operational, compliance, and internal control audit procedures.

• Review general ledger activities, trial balances, account schedules, financial statements, and relevant documentation.

• Conduct audit testing for cash, receivables, payables, premiums, commissions, claims, reserves, investments, and other financial statement accounts.

• Prepare audit workpapers that document procedures, evidence, findings, and conclusions.

• Perform sample testing, transaction testing, analytical reviews, confirmations, and other assigned audit tasks.

• Examine insurance-related transactions and records for accuracy, completeness, and consistency.

• Reconcile insurance subledgers, carrier statements, policy administration systems, claims systems, and general ledger accounts.

• Investigate discrepancies and collaborate with accounting, finance, underwriting, claims, billing, and operations teams.

• Review financial statements, disclosures, journal entries, accruals, estimates, reclassifications, adjustments, and period-end cutoff activities.

• Perform account reconciliations, variance analyses, and investigate unusual balances and fluctuations.

• Assist with month-end, year-end, statutory, and regulatory reporting.

• Evaluate accounting and operational controls, document processes and test results, and identify deficiencies and opportunities for improvement.

• Request, organize, index, and review audit evidence and client documentation.

• Prepare summaries of findings, exceptions, recommendations, and unresolved issues.

• Assist in the creation of management letters, audit reports, schedules, and presentations.

• Participate in audit status meetings, client communications, process improvement initiatives, special projects, investigations, and compliance reviews.

⛳️ Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.

• At least 1 year of experience in auditing, accounting, financial reporting, internal controls, or a similar role.

• Working knowledge of accounting principles, double-entry accounting, general ledger activities, and financial statements.

• Basic understanding of audit procedures, audit evidence, sampling, reconciliations, and internal controls.

• Basic knowledge of insurance accounting transactions, including premiums, commissions, claims, reserves, recoveries, and policy-related payments.

• Proficient in Microsoft Excel, including formulas, sorting, filtering, pivot tables, and basic data analysis.

• Experience with accounting software, audit platforms, enterprise resource planning systems, or financial reporting tools.

• Strong analytical abilities and attention to detail.

• Capability to organize workpapers, manage multiple assignments, and meet audit deadlines.

• Excellent English communication skills, both written and verbal.

• Ability to handle confidential information with professionalism and discretion.

• Preferred: experience in insurance, accounting, public accounting, financial services, or professional services.

• Preferred: experience auditing insurance premiums, claims, commissions, reserves, carrier statements, or policy-related transactions.

• Preferred: experience with Caseware, CCH, QuickBooks, NetSuite, SAP, Oracle, Microsoft Dynamics, or similar systems.

• Preferred: familiarity with U.S. GAAP, IFRS, statutory accounting principles, or insurance accounting practices.

• Preferred: experience with financial statement audits, internal audits, compliance reviews, risk assessments, or control testing.

• Preferred: progress toward CPA, CIA, CISA, ACCA, or another accounting, audit, or finance-related certification.

• Preferred: knowledge of audit documentation standards, professional auditing standards, or regulatory reporting requirements.

🏝️ Benefits

• Competitive compensation.

• Opportunities for professional development and career advancement.

• Supportive, international working environment.

• Exposure to cross-functional teams and industry professionals.

• Practical experience across financial audits, insurance accounting, internal controls, reconciliations, and compliance reviews.

• Exposure to diverse audit engagements and business processes.