AGM - Internal Audit

Job Title:

Location:

Reports To:

Job Purpose:

The Internal Auditor will be responsible for evaluating and improving the effectiveness of risk management, control, and governance processes within the manufacturing operations. The role focuses on ensuring compliance with internal policies, statutory regulations, operational efficiency, and safeguarding company assets.

Key Responsibilities:

• Audit Planning and Execution:

• Develop detailed audit plans, programs, and procedures tailored for the manufacturing environment.
• Conduct internal audits of plant operations, including production, maintenance, procurement, inventory, logistics, safety, and financial activities.
• Perform risk assessments on key plant processes.

• Compliance and Risk Assessment:

• Ensure compliance with company policies, regulatory requirements (e.g., health, safety, environmental laws), and quality standards (ISO, GMP, etc.).
• Identify areas of potential operational, financial, and compliance risks.

• Reporting:

• Prepare clear, concise audit reports highlighting findings, risks, and actionable recommendations.
• Present audit findings to plant management and senior leadership.

• Process Improvement:

• Suggest improvements to internal controls, systems, and procedures.
• Work with department heads to develop corrective action plans and monitor their implementation.

• Inventory and Asset Audits:

• Conduct periodic physical verification of raw materials, work-in-progress, finished goods, tools, and equipment.

• Fraud Detection and Investigation:

• Investigate suspected fraudulent activities within the plant.
• Work discreetly and maintain confidentiality during sensitive investigations.

• Follow-Up Audits:

• Ensure recommendations from previous audits have been implemented effectively.

Key Skills and Competencies:

• Strong understanding of manufacturing processes and operations.
• Knowledge of internal control frameworks (e.g., COSO).
• Sound knowledge of accounting principles and auditing standards.
• Analytical and critical thinking skills.
• High attention to detail and organizational skills.
• Excellent written and verbal communication skills.
• Ability to work independently and handle multiple assignments.

Educational Qualifications and Experience:

• Bachelor's degree in Accounting, Finance, Business Administration, or Engineering.

• Professional certifications CA (Mandatory)

• 8+ years of relevant auditing experience, with at least 2 years in a manufacturing environment.
• Familiarity with ERP systems (e.g., SAP, Oracle) is an advantage.

Other Requirements:

• Willingness to travel to multiple plant locations if required.
• Understanding of health, safety, and environmental regulations.
• Ability to work under pressure and meet deadlines.