Objectives of this role
- Conducting internal audits to evaluate the effectiveness of financial controls, risk management systems and operational processes(PR,PO,AP,AR,R2R,other finance functions)
- Assessing and ensuring the companys compliance with applicable laws, regulations and company policies in India.
- Providing management with accurate and timely reports on financial audit findings, including recommendations for improvement.
- Giving independent and objective assessments of the organization's operations, financial statements and internal controls.
- Proposing recommendations to enhance operational efficiency and identifying other areas of improvement.
- Collaborating with cross-functional teams to develop and implement risk management strategies.
Your tasks
- Plan and execute audit engagements, including data analysis and testing.
- Review financial statements and supporting documentation.
- Evaluate internal control systems and ensure adherence to applicable Indian laws.
- Perform risk assessments and internal control evaluations and detect discrepancies.
- Identify and investigate potentially fraudulent activities or financial irregularities.
- Prepare and present audit reports to stakeholders and shareholders.
- Collaborate with external auditors during statutory audits and regulatory compliance assessments.
- Monitor the implementation of audit recommendations and execute remedial actions.
- Stay updated with the latest industry regulations and best practices in internal auditing.
Required skills and qualifications
- Bachelors degree in finance, accounting or a related field.
- Professional certification, such as CIA (Certified Internal Auditor) or CA (Chartered Accountant).
- 10+ years of experience in internal auditing or related financial roles.
- Strong understanding of Indian accounting standards, taxation and regulatory requirements.
- Proficiency in using audit management software and data analysis tools.
- Experience in developing and executing audit plans and evaluating internal control systems.
- Proficiency in preparing and reviewing financial documents and audit reports.
- Strong communication and interpersonal skills to effectively collaborate with stakeholders at all levels.
- Excellent analytical, problem-solving and critical-thinking skills.
- Ability to work independently or in a team.
- Working knowledge of MS Office applications (Excel, PPT, Outlook).
- Excellent verbal and written communication skills.
- Strong ethical standards and a commitment to maintaining confidentiality.
