Assistant Manager Internal Audit

OVERVIEW

KPMG entities in India are professional services firm(s). Member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.

KPMG entities in India offer services to and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the business environment.

Why Choose KPMG India?

• Dynamic Work Environment

  : Be a part of an innovative team that values creativity and fresh ideas.👨 💼

• Growth Opportunities

  : We provide excellent training, mentorship, and career advancement.📈

• Attractive Benefits

  : Competitive salaries, health insurance, and more!🎖️

Following are some of our key service offerings:

• Risk Based Internal Audit
• Enterprise Risk Management
• Concurrent Audit, Bank Audit
• Risk Assessment
• Model Business Process Development
• Sarbanes – Oxley 404 Assistance
• Compliance Assistance – Contracts and regulations
• Corporate Governance Advisory– Review and Assessment
• Revenue Assurance
• Control Self Assessment
• Continuous Auditing / Continuous Monitoring
• Apart from the above service offerings, we also assist client organizations around various aspects viz. Accounting Manuals, Capital Projects Audits, Project focused Control Assessment, setting up IA function, etc.

Role Summary

Support end-to-end planning, execution, and reporting of internal audits and IFC testing. Drive control effectiveness, process improvements, and financial statement integrity through robust testing, analytics, and stakeholder engagement.

Key Responsibilities

• Internal Audit (IA)

• Assist in annual IA plan execution; perform risk-based audits across finance, procurement, sales, operations, and compliance.
• Develop audit programs, test procedures, sample selections, walkthroughs, and control validation.
• Identify control gaps, inefficiencies, and cost leakages; draft findings with root cause, risk rating, and actionable recommendations.
• Track remediation; validate closure and sustain controls through spot checks.

• Internal Financial Controls (IFC)

• Execute design & operating effectiveness testing for entity-level and process-level controls under Companies Act requirements.
• Document processes (RACM, narratives, flowcharts), perform walkthroughs, and validate control ownership/responsibility.
• Coordinate with business owners on control evidence; ensure completeness, accuracy, and timeliness of artifacts.

• Financial Statements (FS)

• Support financial close control reviews (reconciliations, JE controls, provisions, revenue recognition, inventory valuation, fixed assets, impairment).
• Perform analytical reviews/variance analysis; highlight material risks impacting FS assertions.
• Assist in audit readiness for statutory/ind AS requirements; prepare schedules and support external auditor queries.

• Data & Tools

• Use ERP (SAP/Oracle), BI tools, and Excel/Power BI for sampling, exception analysis, and control analytics.
• Maintain IA/IFC repositories (workpapers, evidence, issue logs) in line with methodology.

• Stakeholder Management

• Coordinate fieldwork logistics, meetings, and status updates; ensure timely deliverables.
• Present findings to process owners and support change management for control improvements.

Qualifications & Experience

• CA (must). 2–4 years of post-qualification experience in IA/IFC/FS (Big 4 or industry preferred).
• Solid understanding of risk & control frameworks, India IFC (Companies Act), Ind AS/Accounting Standards, and financial close processes.

Skills & Competencies

• Strong audit methodology, documentation, and testing skills.
• Proficiency in Excel (advanced formulas, pivot, lookups), PowerPoint; exposure to Power BI/Tableau is a plus.
• ERP familiarity (SAP FI/CO/MM/SD; Oracle Financials) and basic data analysis.
• Clear written communication; ability to draft concise reports and present to business stakeholders.
• High ownership, detail orientation, and ability to manage multiple audits.

KPIs

• On-time completion of IA/IFC engagements.
• Quality of findings (root cause clarity, actionable recommendations).
• Issue closure rate and sustainability of remediations.
• Reduction in repeat findings and control deviations.
• Stakeholder satisfaction scores and audit documentation quality

SELECTION PROCESS

• Candidates should expect 2 - 3 rounds of personal or telephonic interviews to assess fitment and communication skills

Good communication skills, analytical and presentation skills are mandatory for the above skill set.

• Looking for selected candidates to join within 30 to 45 days or an immediate joiner.

The opportunity is now! If you are interested in being part of a dynamic team, serving clients and reaching your full potential – KPMG Advisory Services is for you!