yes, that's what we are talking about when we mention timings.
You might find that setting these to 9,10,9,24 will be fine for 1600MHz (although these are the ratings for 1866MHz) but you may be able to tighten them a little to 9,9,9,24 for example at 1600MHz. You may need to experiment a bit with the timings to find the optimum settings for your particular RAM Modules.
However, you shouldn't need to adjust the voltage, even with all four sticks on-board which is always a good thing.