Audit Assistant

About Fonterra

Fonterra is a New Zealand multinational dairy co-operative and one of the world's leading dairy nutrition companies. Owned by thousands of farming families, Fonterra is committed to providing high-quality dairy products and ingredients to customers in over 130 countries. With a strong focus on sustainability, innovation, food safety, and operational excellence, Fonterra strives to enrich lives through dairy while fostering a collaborative, inclusive, and values-driven workplace.

Job Summary

The Audit Assistant supports the Internal Audit team in conducting operational, financial, and compliance audits to ensure the effectiveness of internal controls, risk management, and governance processes. This role assists in gathering audit evidence, preparing documentation, identifying process improvements, and supporting audit reporting to help maintain compliance with company policies and regulatory requirements.

Key Responsibilities

• Assist in planning and executing internal audits across various business units and functions.
• Perform audit testing and evaluate the effectiveness of internal controls, operational processes, and compliance procedures.
• Gather, review, and analyze financial and operational data to support audit findings.
• Prepare audit working papers, documentation, and reports in accordance with internal audit standards.
• Identify control weaknesses, process gaps, and potential business risks, and recommend practical improvements.
• Monitor the implementation of audit recommendations and follow up on corrective actions.
• Ensure compliance with company policies, regulatory requirements, and applicable accounting standards.
• Coordinate with stakeholders across departments to obtain audit information and supporting documentation.
• Maintain confidentiality of sensitive company information and audit results.
• Support special audit projects, investigations, and risk assessments as assigned.
• Assist in continuous improvement initiatives to strengthen governance and internal control processes.

Qualifications

• Bachelor's degree in Accountancy, Accounting Information Systems, Internal Auditing, Finance, or a related field.
• 2-3 years of experience in internal audit, external audit, accounting, or finance is an advantage.
• Basic knowledge of auditing principles, internal controls, risk management, and financial reporting.
• Familiarity with accounting standards and regulatory compliance is preferred.
• Proficient in Microsoft Office applications, particularly Excel, Word, and PowerPoint.
• Experience using ERP systems such as SAP is an advantage.
• Strong analytical, critical thinking, and problem-solving skills.
• Excellent attention to detail and accuracy.
• Effective written and verbal communication skills.
• Ability to maintain confidentiality and exercise professional integrity.
• Strong organizational and time management skills with the ability to manage multiple priorities.
• Willing to work onsite and collaborate with cross-functional teams.

• Employment Details
• Employment Type: Contractual / Project-Based
• Work Setup: Onsite
• Work Location: BGC, Fonterra Philippines
• Schedule: Full-time