Financial Auditor

AXISCADES

Our deep domain expertise and engineering solution portfolio covers the complete product development life cycle from concept evaluation to manufacturing support and certification for the Aerospace, Defence, Heavy Engineering, Automotive, Medical Devices & Industrial Product industries.

AXISCADES

Title: Financial Auditor

Location: Hebbal, Bengaluru, KA

Employment Type: Fulltime Permanent

Role Overview:

We are looking for a detail-oriented and analytical Internal Auditor. The ideal candidate will be responsible for conducting internal audits related to asset acquisition, internal capital project costing & capitalization, depreciation / amortization, disposals, impairment testing and ensuring compliance with internal policies, accounting standards, and regulatory requirements. Also to manage and analyse cost records, determine accurate product costing, and support management with insights for strategic decision-making. This role is critical for review of capital work-in-progress, monitoring variances, improving efficiency, and ensuring accurate valuation in line with accounting standards. The role plays a critical part in ensuring the integrity and accuracy of the organization's asset and project costs.

Key Responsibilities:

• Plan and conduct internal audits of fixed asset processes, capital projects capital projects covering capitalization, asset tagging & physical verification, asset transfers, depreciation / amortization, asset disposals, impairment testing.
• Review and validate capitalization of expenses in line with accounting standards (e.g., IND AS) and company policy.
• Ensure compliance with internal control policies and recommend improvements where necessary.
• Perform physical verification of assets and reconcile results with the fixed asset register.
• Assess adequacy and accuracy of asset classification, useful lives, and depreciation methods.
• Identify and report potential risks related to asset misuse, loss, or underutilization.
• Coordinate with finance, procurement, projects, and operations teams to track asset movements and capital work-in-progress (CWIP).
• Review CWIP balances and ensure timely capitalization of completed projects.
• Monitor adherence to capitalization policies across departments and flag deviations.
• Assist in the preparation and submission of audit reports and present key findings to management.
• Support statutory and external auditors during year-end audits.

Qualifications & Experience:

• B.Com / M.Com / MBA (Finance) / CMA or equivalent qualification.
• 5+ years of experience in internal audit, with a strong focus on fixed asset audits and accounting.
• Certifications in CIA is MUST
• Experience with ERP systems (SAP, Oracle, etc.) and fixed asset modules.
• Strong analytical and investigative skills.
• Excellent written and verbal communication skills.
• Ability to work independently and collaboratively across departments.

Preferred Attributes:

• Experience in manufacturing, infrastructure, or capital-intensive industries.
• Exposure to SOX compliance or internal control testing (for MNCs or listed entities).
• Proficiency in MS Excel, audit tools, and data analysis

We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status