Internal Auditor - CA Commercial

The Hiring Club; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

The Hiring Club in Mumbai, India seeks an experienced Chartered Accountant to fulfill the Internal Auditor - CA Commercial role. You will plan, execute and report on audits spanning finance, operations, inventory, procurement, production and safety within a manufacturing environment.

Responsibilities include risk assessment, data analysis, regulatory compliance, and strengthening internal controls. You will present findings to management and the audit committee and drive corrective actions with

Qualifications

• Qualified Chartered Accountant with internal auditing exposure.
• Experience in risk assessment, compliance, and data analytics.
• Knowledge of auditing standards, financial reporting and internal controls.
• Familiarity with manufacturing processes and related risks.

Responsibilities

• Develop an annual internal audit plan based on risk assessments and regulatory requirements.
• Conduct comprehensive audits of financial statements, operations, inventory, procurement, production and safety processes.
• Identify risks and deficiencies in internal controls and propose improvements.
• Ensure compliance with laws and industry standards; review policies accordingly.
• Prepare audit reports and present findings to management and the audit committee with actionable solutions.
• Track implementation of audit recommendations and conduct follow-up audits.

Skills

Analytical thinking

Communication

Risk assessment

Data analytics

Education

Chartered Accountant

Job description

About the job Internal Auditor - CA Commercial

Internal Audit Planning: Develop an annual internal audit plan based on risk assessments, industry best practices, and regulatory requirements.

Collaborate with management to identify key areas to be audited and establish audit objectives and scope.

Conducting Audits: Perform comprehensive and systematic audits of various aspects of the manufacturing company, including financial statements, operational processes, inventory management, procurement procedures, production, and safety protocols.

Risk Assessment: Identify and evaluate potential risks and deficiencies in internal controls, business processes, and systems. Recommend measures to mitigate risks and improve internal controls.

Compliance Review: Ensure that the company complies with applicable laws, regulations, and industry standards. Review policies and procedures to ensure adherence to legal and regulatory requirements.

Data Analysis: Utilize data analytics tools and techniques to extract valuable insights from the company's financial and operational data.

Analyze trends, anomalies, and patterns to identify areas of concern or opportunities for improvement.

Reporting: Prepare detailed audit reports summarizing findings, conclusions, and recommendations.

Present audit results to management and the audit committee, highlighting areas requiring attention and proposing actionable solutions.

Follow-up and Monitoring: Track and report on the implementation of audit recommendations, ensuring that corrective actions are completed within established timelines.

Conduct follow-up audits to verify the effectiveness of implemented changes.

Continuous Improvement: Stay updated with changes in regulations, industry standards, and best practices related to manufacturing and internal auditing.

Suggest improvements to the internal audit process to enhance efficiency and effectiveness.

Collaborative Support: Work closely withcross-functional teams within theorganization, including finance, operations,compliance, and legal, to understand theirneeds, address concerns, and provideguidance on internal control best practices.

Fraud Detection: Participate in theidentification and investigation of potential fraudulent activities. Report suspiciousfindings to appropriate management andauthorities as required.

Requirements:

Education: Qualified Chartered Accountant

Experience: Previous experience in internalauditing, preferably in a manufacturing orindustrial environment, is beneficial.

Experience with risk assessment, compliance,and data analytics is highly desirable.

Knowledge: Thorough understanding ofauditing standards, financial reporting principles, internal controls, and riskmanagement concepts. Familiarity with manufacturing processes and associated risksis advantageous.

Analytical Skills: Strong analytical andproblem-solving abilities to identify potentialissues, assess their impact, and recommend appropriate solutions.

Communication: Excellent written and verbalcommunication skills to convey complexinformation clearly and concisely in auditreports and presentations.