Internal Auditor

Erekrut... Recruitment Made Easy; Ludhiana; On-site; INR 1,200,000 - 2,200,000; Full time

Job summary

Erekrut... Recruitment Made Easy seeks a Team Lead, Internal Audit to independently plan, manage, and execute internal audit engagements in Ludhiana. You will lead the audit team, review controls, assess risks, and deliver practical recommendations to strengthen processes.

The role requires CA with at least 5 years post-qualification experience, strong leadership, and excellent communication to manage client relationships and ensure timely, high-quality reports.

Qualifications

• Qualified Chartered Accountant (CA) – Mandatory.
• Minimum 5+ years post-qualification experience in Internal Audit.
• Experience in leading audit teams and managing multiple assignments.

Responsibilities

• Plan, execute, and manage internal audit assignments in accordance with the audit plan and client requirements.
• Lead, supervise, and guide the internal audit team during audit engagements.
• Review business processes, internal controls, policies, and procedures to identify control gaps and areas of risk.
• Conduct risk assessments and evaluate the adequacy and effectiveness of internal controls.
• Identify operational, financial, compliance, and process-related issues.
• Provide practical and actionable recommendations for process improvement and risk mitigation.
• Prepare, review, and finalize clear, concise, and actionable internal audit reports.
• Present and discuss audit observations and recommendations with clients and management.
• Monitor the implementation and closure of audit observations and recommendations.
• Ensure audit assignments are completed within agreed timelines and quality standards.
• Review the work performed by team members and provide guidance and mentorship.
• Maintain proper audit documentation, working papers, and supporting evidence.
• Manage multiple audit assignments and ensure effective coordination with clients and internal stakeholders.
• Stay updated with applicable auditing standards, regulations, and industry best practices.

Skills

Internal audit principles

Leadership

Risk assessment

MS Excel

Report writing

Communication

Stakeholder management

Education

Chartered Accountant (CA)

Tools

MS Excel

Job description

Job Title: Team Lead, Internal Audit

The Team Lead – Internal Audit will be responsible for independently planning, managing, and executing internal audit assignments. The role involves leading audit engagements, managing team members, identifying control gaps and business risks, and providing practical recommendations to strengthen business processes and internal controls.

The ideal candidate should have strong leadership capabilities, excellent knowledge of internal audit principles and practices, and the ability to manage multiple assignments and client relationships effectively.

Key Responsibilities

• Plan, execute, and manage internal audit assignments in accordance with the audit plan and client requirements.
• Lead, supervise, and guide the internal audit team during audit engagements.
• Review business processes, internal controls, policies, and procedures to identify control gaps and areas of risk.
• Conduct risk assessments and evaluate the adequacy and effectiveness of internal controls.
• Identify operational, financial, compliance, and process-related issues.
• Provide practical and actionable recommendations for process improvement and risk mitigation.
• Prepare, review, and finalize clear, concise, and actionable internal audit reports.
• Present and discuss audit observations and recommendations with clients and management.
• Monitor the implementation and closure of audit observations and recommendations.
• Ensure audit assignments are completed within agreed timelines and quality standards.
• Review the work performed by team members and provide guidance and mentorship.
• Maintain proper audit documentation, working papers, and supporting evidence.
• Manage multiple audit assignments and ensure effective coordination with clients and internal stakeholders.
• Stay updated with applicable auditing standards, regulations, and industry best practices.

Key Skills & Competencies

• Strong knowledge of internal audit principles, practices, and methodologies.
• Strong understanding of internal controls, risk assessment, and process reviews.
• Excellent analytical and problem-solving skills.
• Advanced proficiency in MS Excel.
• Strong report writing and documentation skills.
• Excellent verbal and written communication skills.
• Strong leadership and team management abilities.
• Ability to independently manage audit assignments and client expectations.
• Strong attention to detail and organizational skills.
• Ability to handle multiple assignments and work under deadlines.
• Ethical, honest, and result-oriented approach.
• Strong interpersonal and stakeholder management skills.

Educational Qualification

• Qualified Chartered Accountant (CA) – Mandatory

Experience Required

• Minimum 5+ years of relevant post-qualification experience in Internal Audit.
• Experience in leading audit teams and managing multiple audit assignments will be preferred.

Key Performance Areas

• Effective planning and execution of internal audit assignments.
• Timely completion of audit engagements.
• Quality and accuracy of audit reports and documentation.
• Identification of control gaps, business risks, and process improvement opportunities.
• Effective team leadership and mentoring.
• Timely follow-up and closure of audit observations.
• Strong client and stakeholder management.