Internal Audit

RECRUITMENT AND BENEFITS DEPARTMENT

Unit

HUMAN RESOURCES DIVISION- RSB

CUTOFF

Overview/ Account Definition: The Department is comprises of two main functions of Human Resources. Recruitment- ensures that current and future manpower sourcing needs across RCBC Savings Bank are managed and delivered in the most professional, cost and time effective manner. Acts as the main point of contact for all units with recruitment issues. The main responsibility of the Recruitment is to employ fit and qualified employee candidates. Benefits- ensure that employees, who are most valuable resource, are provided with the company benefits within the limits based on the approved HR Policies and Guidelines. The Department will administer the processing and assist the employees with their allowances, Financial, Medical and Dental needs, Loan Availments to Government Entities and Employee Loan Program.

Reviewed by/ Review Date

Budgeted Manhours

20 hours

Area

AWP Ref. Page No.

AWP-2007-001 WP Index 1 of 3

A
Recruitment & Benefits

Risks/ Risks Indicators Audit Objective: 1. To Ascertain that

Audit Procedures/ Man-hours

Done by/Date

Exception/ Remarks

WP Reference

Documents Needed: HR Policy Manual Related to Recruitment and Benefits Organizational Chart of the Department Job Descriptions/ Role Profile KRAs Workflow/ Process flows Recruitment List of Newly Hired Employees from 2010- audit cut off Guidelines on Hiring Recruitment Procedures Personnel Requisition Form 201 Files -New Hire Checklist -Pre-employment Documents (Medical Certificate, application form, Ids etc) -Background Investigation Report -Logbook On Transmittal of Background Investigation - Introduction of New Hire Regularization papers List of Employee Movement/ transfers as of audit cut-off Benefits Updated Benefits package Guidelines Procedures on release of benefits Procedure on handling loans to Government Agencies Outstanding Loans of employees Financial Assistance Report 2009, 2010, and 2011( if available) Outstanding Accounts Receivable and payable as of audit cut-off

Reviewed by/ Date

Budgeted Manhours

20.0 hours

Area

AWP Ref. Page No.

AWP-2007-001 WP Index 2 of 3

A
CASHIERING AND CASH CUSTODIANSHIP

Risks/ Risks Indicators Policy References: POP2 Risks/ Risks Indicators 1.

Audit Procedures/ Man-hours

Done by/Date SSD Circular Done by/Date

Exception/ Remarks

WP Reference

Audit Procedures/ Man-hours

Exception/ Remarks

WP Reference

Reviewed by/ Date

Budgeted Manhours

20.0 hours

Area

AWP Ref. Page No.

AWP-2007-001 WP Index 3 of 3

A
CASHIERING AND CASH CUSTODIANSHIP