Audit Associate-SUPPORT SERVICES-Internal Audit

Kotak Mahindra Bank Limited is looking for Audit Associate-SUPPORT SERVICES-Internal Audit to join our dynamic team and embark on a rewarding career journey Financial Examination: Conducting detailed reviews of financial records, including income statements, balance sheets, cash flow statements, and supporting documentation, to identify discrepancies and errors
Risk Assessment: Evaluating the internal controls and risk factors within an organization to determine the scope and focus of the audit Compliance Review: Ensuring that financial statements and accounting practices adhere to applicable accounting standards, regulations, and industry-specific guidelines (eg, Generally Accepted Accounting Principles, International Financial Reporting Standards) Sampling and Testing: Selecting samples of financial transactions and performing substantive tests to assess the accuracy and validity of financial data Documentation: Maintaining thorough and organized audit workpapers, documenting audit procedures, findings, and conclusions to support audit opinions Communication: Interacting with clients or internal stakeholders to gather information, explain audit procedures, and discuss audit findings and recommendations Audit Reports: Preparing audit reports summarizing findings, observations, and recommendations for improvements, and discussing them with relevant partiesDisclaimer: This job description has been sourced from a public domain and may have been modified by Naukri.com to improve clarity for our users. We encourage job seekers to verify all details directly with the employer via their official channels before applying.