Corporate Audit - Executive (People with Disability only)
Job Purpose:
- Assist Manager in developing and executing the Annual audit plan, and take a lead role in the day to day execution of internal audits
- Contribute to the Internal Audit (IA) function by identifying risks associated with business objectives and evaluating the controls in place to mitigate those risks in order to improve the effectiveness of risk management, control, and governance processes
- Ensuring completion of Audit plan as per schedule for empanelled external auditors and providing guidance and support to them in execution of Audits
- Provide value-added advice and support to business partners on the creation or modification of policies, procedures, processes, products or services to ensure an appropriate level of internal control and compliance is maintained.
BusinessResponsibility Areas
- Engaging with the Auditee for finalization of dates of Audit engagement and Assisting the Manager in the collecting information and documents relevant to be used forpreparation of Audit Planning Memorandum (APM)
- Identifying transactional discrepancies/inconsistencies in data extracted form ERP/MIS through Auditing Tools, Exception Reports or Manual Analysis
- Participate in opening meetings with Auditee to explain the scope and objectives of the audit engagement to Auditee and provide an overview of all steps in the audit process
- Develop a thorough understanding of business processes in scope for assigned audits and document the processes in flowcharts and/or process narratives. Identify and document inherent risks and controls within the business processes
- Develop a risk based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology
- Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives. Identify and document control and process weaknesses and provide evidential support for findings
- Propose practical and value added recommendations to address control weaknesses and/or process inefficiencies
- Organize and reference work papers for review by Manager, Internal Audit
- Participate in closing meetings with Auditee at the end of fieldwork, providing clear explanations for identified issues
- Assist in the preparation of a concise and informative audit report to effectively communicate the findings andrecommendations to the auditee and senior management.
- Assist in preparation of Presentation on Major Observation to Auditee Hierarchy/Audit Committee
Other Responsibilities
- Pursuing for closure of open audit issues
- Supports the Manager, Internal Audit in the development and implementation of the evolving IA methodology
- Provide consultative support to unit with regard to the adequate design and execution of risk management processes
Education: B.Com / BAF
- Critical Thinking
- Analytical Skills
- SAP ERP and MS Office
AdditionalRequirements
- Should be open for travelling
PwD (with ability to work independently without tool support)
Scope of Work:
a) Financial Scope (Range of financial spend):
- Based on APM, GL Trend, exceptions
- Same applies when handling external auditors
b) PeopleManagement Scope (Range of no. of Direct/ Indirect Reports):
- Maintain cordial relationship within and outside the function
c) GeographyCoverage (Country wide/ State-wide / Area-wide)
- Audit of Group companies including Subsidiaries (Indian and international) and Joint ventures.
d) CorporateCoverage (Company wide / Business Unit or Function-wide / Sub-function-wide / Other):
- All Functions in the company and Group Companies
Key Interactions
Internal
- With Various Functions across hierarchy such as Plants, Branches, Sales, marketing, Supply Chain, Finance, Legal, Taxation, SSC ,IT, IBU
External
By clicking the link above or any third-party link within this posting, you are leaving this site and going to a third-party website where the third-party website's terms and privacy policy apply