Bobby Fabreag

Experience

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  Pilipinas Shell Petroleum Corporation

  Nov 2001 - Dec 2001

  Administrative Assistant (Direct Hire Contractual)

  Responsibilities include the following:• Reconciles the account of Pilipinas Shell with Nation Gas• Validates the bill of our truck haulers

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  General Milling Corporation

  Jan 2002 - Mar 2003

  Internal Auditor

  Responsibilities include the following:• Monitor all payments to NCB suppliers (Letter of Credit, Forward Contract and Bank transfer)• Validate reported deposits and remittances of our plant/sales office nationwide versus actual bank credits/debits via Internet Banking• Review and evaluates existing cash treasury processes and make recommendations to address control gaps noted• Coordinate with concerned Finance Manager/Bank Account Officer issues encountered• Monitor compliance of plant/sales offices to company policies and procedures• Assist Risk Manager in validating and checking completeness of Certificate of Cover versus our master list and processing of insurance bills• Aids Risk Manager in making request for insurance cover of our vehicles and importation• Coordinates with our insurance broker for our insurance claims• Prepare A/R and A/P management report on a monthly basis Show less

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  Pepsi-Cola Products Philippines Inc.(PCPPI)

  May 2004 - May 2006

  Treasury Specialist

  Responsibilities include the following:• Monitor all payments to NCB suppliers (Letter of Credit, Forward Contract and Bank transfer)• Validate reported deposits and remittances of our plant/sales office nationwide versus actual bank credits/debits via Internet Banking• Review and evaluates existing cash treasury processes and make recommendations to address control gaps noted• Coordinate with concerned Finance Manager/Bank Account Officer issues encountered• Monitor compliance of plant/sales offices to company policies and procedures• Assist Risk Manager in validating and checking completeness of Certificate of Cover versus our master list and processing of insurance bills• Aids Risk Manager in making request for insurance cover of our vehicles and importation• Coordinates with our insurance broker for our insurance claims• Prepare A/R and A/P management report on a monthly basis Show less

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  Ford Group Philippines Inc.

  May 2006 - Mar 2007

  Banking Analyst

  Responsibilities include the following• Prepare cash flow projections, validate inflows from collections, equity contributions, loan proceeds, capital infusion• Validate and checks operating and capital expenditures• Initiate Fund Transfers, prepare bank application forms, letters of instruction, authorities to debit or credit accounts and transmit the same to bank prior to cut-off time, transmit transactions records to General Accounting• Ensure smooth execution of banking transactions, provide required documents for bank review, bargain for lower funding cost/higher investment yields• Prepare Cash flow statement on a daily basis• Conduct analysis on liquidity positions and funding requirements, money market placements• Execute money market placements, confirm maturity with banks arrange for fund transfer or deposit of maturities in operating accounts, assess product proposals (effective yields, structure and tax implications, etc)• Execute short term and long term loans, monitor interest rate movements and prepare schedules of outstanding loans, interest expense projections• Sarbanes-Oxley Self Assessment and compliance testing for Treasury Operations• Month-end closing Show less

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  AIG PhilAm Savings Bank

  Apr 2007 - Oct 2008

  Auditor

  Responsibilities include the following:• Prepare Risk Assessment Matrix/Audit Authority Letters for review of the Team Leader to be signed by the Internal Audit Division Head• Perform regular audits, cash operations and management audits on branches and head office operations and financial reports/statements which involves an examination of risks, internal control procedures, compliance to local and US government rules and regulations• Formulation of audit recommendations to address the control gaps noted• Discuss preliminary results of audit with auditees and provides them with a copy of the draft audit report for their reply• Prepares final audit report• Performs other related duties that may be assigned from time to time Show less

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  Philippine Business

  Jan 2009 - Dec 2010

  Audit Officer

  Responsibilities include the following:• Draft the audit program for each audit assignment• Distribute the audit assignments to the team members• Brief the team members on the audit procedures to be undertaken in the respective audit assignments of the members• Review the working papers of team members and the validity of exceptions noted as well as establishing the team members’ compliance to prescribed audit procedures/standards• Prepares Initial List of Exceptions noted for discussion to auditees• Prepares Final Audit Report for review by the head of Internal Audit Department Show less

• 

  Planters Development Bank

  Jan 2011 - Feb 2012

  Audit Officer

  Responsibilities include the following:• Prepare the audit programs and risk assessment for every audit engagement• Supervise the audit work of head office auditors and see to it that audit program is properly implemented• Review the working papers and audit exceptions of the audit team• Consolidate the audit exceptions and recommendations• Discuss the findings and recommendations with the auditees• Prepare the final audit report• Assist in the preparation of consolidated summary of audit reports for Audit Committee Show less

• 

  Philippine Bank of Communications (PBCOM)

  May 2012 - Apr 2013

  Senior Audit Officer

  Responsibilities include the following:• Prepare the audit programs and risk assessment for every audit engagement• Supervise the audit work of team members and see to it that audit program is properly implemented• Review the working papers and audit exceptions of the audit team• Consolidate the audit exceptions and recommendations• Discuss the findings and recommendations with the auditees• Prepare the final audit report• Assist in the preparation of consolidated summary of audit reports for Audit Committee Show less

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  Nutra Tech Bioparma Inc.

  Sept 2013 - Jun 2017

  Audit Manager

  Responsibilities include the following:• Develop annual audit plan• Supervise audit team to ensure quality and on time delivery• Evaluate performance of audit staffs and provide appropriate feedback• Assist in risk assessment and mitigation activities• Coordinate with team to review audit findings• Review reports with audit findings and recommendations• Evaluate current audit procedures and recommend improvements• Evaluate and enhance internal controls to improve operational efficiency• Discuss with management about audit observations, recommendations and actions to be taken• Attend monthly Management Committee meeting Show less

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  Fresenius Medical Care Solutions Services (Philippines) IInc.

  Sept 2017 - Sept 2018

  Internal Control Manager

  Responsibilities include the following:• Co-develop the Internal Control System of countries within Asia Pacific Region further in coordination with regional/corporate plans. (e.g. review changes in design, documentation) and update ICS software if necessary.• Coordinate with concerned employees the implementation of Internal control.• Contact person for all Internal Control matters.• Closely interact and align with AP Region ICS management.• Perform Test of Effectiveness (TOE) of controls as part of regional and corporate requirements.• Aside from regional requirements, perform on a regular basis TOE of detective controls.• During Risk Assessment and Documentation Review (RADR), support Sub-process Owners, in completion of RADR, monitor and follow-up on the quality an completion of the questionnaires.• Train employees about internal controls Show less

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  Bank of Makati, A Savings Bank

  Jul 2019 - Jan 2021

  Field Audit Section Head

  • Provide high quality professional day to day management of internal audit engagements and other projects.• Manage a portfolio of engagements.• Develop the audit approach and engagement audit program for approval of the IA Department Head.• Prepare detailed internal audit engagement budget, track actual time versus the budget and identify overruns.• Manage auditee relationships and expectations• Understand’ BMI practices and service offerings and identify potential opportunities to improve such service offerings.• Manage an objective state of mind and an appropriate level of professional skepticism and perform all work with due care.• Manage and provide leadership and guidance to Internal Audit Group.• Manage and provide leadership, supervision and guidance to the engagement team.• Manage multiple auditees and projects and use knowledge of internal control, risk management, accounting and business processes to carry out a variety of engagements.• Prepare the draft audit report and review the initial reports submitted by Audit Officers.• Report to management about audit results and recommend changes in operations and control activities. Show less

• 

  Premium Megastructures Inc.

  Jan 2021 - May 2021

  Internal Audit and Compliance Manager

  Responsibilities include the following:● Accountable for the development and coordination of the company’s internal auditing activities.● Develop and implement internal auditing policies, procedures, and programs.● Supervise compliance audit activities and compliance related issues.● Review of accounting procedures.● Supervise functions and activities in assigned areas to determine the nature of operations, and adequacy of the system of control to achieve established objectives.● Supervise independent audits of company’s records and activities and prepare varied analyses of the department for management.● Supervise, conduct and report on the testing and adequacy of the company’s internal controls over financial reporting.● Investigate and determine causes of irregularities and errors.● Recommend corrective action and suggest improvement.● Supervise, coach and develop staff and officers of Internal Audit and Compliance Division.● Ensure compliance with internal and external requirements.● Monitors implementation of approved Manual of Operations Policies and Procedures and recommends necessary improvements.● Ensures corrective and preventive actions are promptly acted and resolved.● Attend regular meeting of Policy Committee ● Do other duties that may be assigned by the President from time to time. Show less

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  AllBank

  Apr 2022 - Jul 2023

  Head of Internal Audit

  • Develop annually a risk-based internal audit plan for Audit Committee review and approval. Oversee the implementation of the approved plan, ensure proper resourcing for implementation of the plan, and adjust the plan as needed in response to changes in AllBank’s business risks, operations, programs, systems and controls. Keep senior management and Audit Committee apprised of any changes needed to the internal audit plan.• Ensure methodical documentation of work plans, testing results, conclusions and recommendations. Ensure follow up on findings and corrective actions.• Provide technical assistance with investigations, special audits, and provide subject-matter expertise as needed.• Remain current on audit and regulatory oversight trends and develop a risk-based approach incorporated into the annual audit plan.• Perform organization-wide risk assessments to identify significant risks or exposure related to internal controls or compliance with AllBank’s policies and procedures, laws and regulations, sponsored contract and regulatory requirements, efficiency of operations, and accuracy of programmatic and financial reporting. Provide feedback and recommendations on business risks and improving operational efficiencies and processes where appropriate.• Coordinate with the external auditors on select audits, as directed by the Audit Committee and senior management, to ensure the audit work remains within the prescribed guidelines.• Coordinate and assist with the preparation of Audit Committee materials. Participate in quarterly or more frequent Audit Committee meetings.• Investigate and report to the Audit Committee on activity reported through AllBank’s Hotline/Whistleblower processes and assist in investigations.• Recommend organization-wide training based on gaps identified to ensure adherence to AllBank’s practices and policies. Stay abreast of emerging trends and successful practices in internal audit. Show less

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  JAKA Investments Corporation

  Sept 2023 - now

  Internal Audit Head

  Responsibilities include the following:• Design and supervise the conduct of group audit risk assessment• Formulate annual group audit calendar based on the results of risk assessment.• Oversee the conduct/ execution of individual company audit and staff supervision.• Conduct quality assurance review of the proper disposition of all audit review follow-ups and resulting audit draft and final audit report from individual company audit engagements.• Identify internal and external data/ information relevant to varied business concerns of JAKA Group of Companies.• Present final audit report to members of the Executive Committee.• Direct, authorize and supervise the gathering of data from company databases and other formal and informal data sources such as internet search engine, formal business journals and similar information channels.• Oversee the assimilation and analysis of data gathered and its conversion to usable information for advisory purposes.• Formulate business and financial analysis and report format templates for staff guidance in the proper and speedy preparation of business analysis report to concerned companies.• Formulate/ design and conduct in house staff training programs to improve core technical competencies and personality development.• Formulate and document necessary internal operating policies, procedures and forms to promote uniformity, consistency and efficiency in the execution of audit engagement and proper governance of the day-to-day business of the department.• Oversee proper maintenance, security and confidentiality of all audit records and documents. Show less

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  Knight of Columbus Fraternal Association of the Phils. Inc.

  Feb 2024 - now

  Corporate Audit Manager

  • Formulate the annual audit plan.• Present the proposed annual audit plan to the Audit Committee for approval• Determine resources needed by the department in executing actions it plans to undertake.• Prepare staff location forecast• Prepare audit programs/ instructions• Direct audit projects so that standards are maintained in their execution and in the accumulation of evidentiary data.• Guide staff auditors to ensure that audit objectives are met and that adequate, practical coverage is achieved.• Prepare specific time budget for the attainment of the annual audit plan• Review the draft audit report prepared by the staff auditors• Review working papers as the audit progresses and upon its completion to check organization and to ascertain adequacy, correctness/validity, and completeness of facts presented• Submit monthly audit activity report to the Audit Committee and summary report to the President. Show less