G3 Business Services

Job Title:** Internal Auditor Location:** Hyderabad (Open to remote for highly experienced candidates) Department:** Finance & Accounting Employment Type:** Full-time, Permanent --- Position Summary The Internal PCAOB Auditor is responsible for ensuring that the companys financial reporting, internal controls, and audit processes comply with Public Company Accounting Oversight Board (PCAOB) standards. This role performs independent reviews of financial statements, operational processes, SOX-related controls, and accounting systems to ensure accuracy, transparency, and regulatory compliance. The auditor collaborates closely with management, external auditors, and business units to identify risks, strengthen internal controls, and support the organizations readiness for PCAOB audits, especially important for companies planning to go public, engaging in M&A activities, or seeking institutional financing. Key Responsibilities 1. PCAOB Compliance & Audit Execution • Conduct internal audits aligned with PCAOB auditing standards (AS 10002900). • Review financial statements and disclosures for compliance with GAAP and PCAOB rules. • Ensure internal control over financial reporting (ICFR) meets PCAOB and SOX (Section 404) requirements. • Assess managements control documentation and test the design/effectiveness of controls. 2. Internal Control Testing & SOX-404 Readiness • Perform walkthroughs, risk assessments, and control effectiveness testing. • Identify gaps or deficiencies in processes, technology systems, or documentation. • Recommend remediation plans and verify corrective actions. 3. Audit Planning & Risk Assessment • Develop audit plans based on materiality, risk levels, and operational exposure. • Evaluate business processes such as revenue recognition, AR/AP, payroll, inventory, and tax. • Conduct fraud risk assessments and monitor red flags. 4. Coordination With External PCAOB Auditors • Prepare company documentation for annual PCAOB audits. • Act as the point of contact for external auditors. • Ensure timely collection and presentation of PBC (Prepared by Client) schedules. 5. Financial Reporting Review • Analyze trial balances, supporting schedules, and adjusting entries. • Validate that accounting policies align with PCAOB and SEC expectations. • Review new transactions (M&A, financing, related-party dealings) for audit risk. 6. Policy Development & Documentation • Draft and maintain internal audit policies, risk matrices, and control documentation. • Create standardized templates for process narratives, flowcharts, and audit reports. • Train finance and operational staff on internal controls and audit standards. 7. Continuous Improvement & Monitoring • Identify opportunities to automate or streamline audit and accounting processes. • Monitor emerging PCAOB rules, SEC updates, and compliance developments. • Prepare and present audit findings to senior leadership and audit committees. Required Skills & Competencies Technical Skills • Strong understanding of PCAOB auditing standards and U.S. GAAP. • Knowledge of SOX 302/404 controls, ICFR frameworks (COSO), and audit methodologies. • Experience with audit technologies such as: CaseWare, Workiva, AuditBoard, or similar tools ERP systems: QuickBooks, NetSuite, SAP, Microsoft Dynamics • Ability to prepare PBC lists, tie-outs, audit workpapers, and control matrices. Analytical & Professional Skills • Excellent attention to detail with strong analytical capabilities. • Ability to identify control weaknesses and propose practical solutions. • Strong communication skills, written and verbal. • Ability to work independently and maintain objectivity. • Strong time management and ability to handle multiple audits simultaneously. Behavioral Skills • High ethical standards and integrity. • Strong professional skepticism. • Collaborative but independent in judgment. • Ability to work with C-suite executives, external auditors, and operational teams. Qualifications Minimum Requirements • Bachelor’s degree in Accounting, Finance, or related field. • 5–7 years of experience in public accounting or internal audit. • Experience working with PCAOB-regulated firms, audit processes, or pre-IPO companies. Preferred Certifications • CPA (highly preferred) OR CA • CIA, CISA, or CFE • Big 4 or regional PCAOB firm experience is a strong plus