Deputy Manager - Internal Audit

Apraava Renewable Energy

2 - 5 years

6 - 10 Lacs

mumbai

Posted:6 hours ago| Platform:

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Skills Required

business process lead auditor manager internal audit erp risk assessment process improvement quality audit forensic management oracle

Work Mode

Work from Office

Job Type

Full Time

Job Description

SKILLS AND KNOWLEDGE

Educational Qualifications

Minimum education qualifications for the position: Chartered Accountant

Functional Skills

Excellent auditing skills and internal control knowledge.
Essential skill on risk assessment and control assessment techniques
Excellent communication and writing skills and presenting to management
Good knowledge of ERP and working in an IT based environment. Experience in Oracle will be an advantage.
Excellent working knowledge of Internal Audit Methodologies, Standards and SOX
Excellent communication and Influencing Skills

Relevant and total years of Experience

Overall experience: 3 - 5 years, IT experience preferred,
Specific experience: At least 2 - 3 years post CA qualification in Internal Audit, Risks & Controls, Accounting, Forensic investigation, Finance field.

PRINCIPAL ACCOUNTABILITIES

Accountabilities

Major Activities

Conduct audits, special reviews and thematic reviews for Apraava across departments and legal entities, ensuring compliance to audit plan and all statutory norms

Conduct internal audits and special reviews and deliver quality audit results in accordance with the approved audit standards and as per audit schedule and planned resources.
Conduct the opening meeting with Head of Department and his team and communicate the audit scope & coverage and audit objectives
Obtain & study business process documents, SOPs, other documents received from process owners/Unit Department for the audit under scope. Collate population data from process owners or extract data from the accounting systems. Select samples for review based on the risk assessment and audit sample methodology.
Discuss findings/issues with Lead Auditor/ Internal Audit management. Share and exchange ideas and experience with the lead/Internal Audit management to ensure that their advice is proactively sought, particularly on potential audit issues
Provide clarification for any issues/observation raised by Lead Auditor/ Internal Audit management with regards to audit findings.
Collate data required for preparation of audit issues and ensure the issues are well supported by evidence
Draft issues in the standard formats (Internal Audit Memos, Less Significant Comments) for Lead auditor s/ Internal Audit management s review.
Basis audit findings, prepare an action plan to remediate the identified control weaknesses and including recommendations for process improvement, cost optimization and system modifications in collaboration with Lead Auditor/ Internal audit management and concerned department head
Maintain an effective repository of all audit documentation ensure the audit testing results and findings are well supported and documented in Teammate (software for documentation, review and approval of electronic working papers) for Lead Auditor s/ Internal Audit management s review.
Follow up with the Audited unit for obtaining Management responses

Prepare first draft of audit report basis audit findings and monitor compliance to agreed action plan and recommendations

Prepare first draft of final audit report detailing audit findings and action plan and submit the same to Lead Auditor/ Internal Audit management for review.
Conduct closing meeting on completion of audit and discuss the less significant comments with the Business/Function Heads and managers.
Provide inputs and to the Lead Auditor/ Internal Audit management for determining the segment/audit opinion for IA Head s assessment on the overall control environment.

Investigations & Consultation Services

Conduct special reviews and investigations as required by the Audit Management from time to time
Execute the investigation on irregularity cases, potential Code of Conduct violations and business incidents.