Internal Audit Associate

Role Overview

The Internal Audit Associate will be responsible for execution-level delivery of internal audit, risk advisory, and process review assignments across corporate, group entities, and not-for-profit organisations. The role demands strong analytical ability, documentation discipline, and the confidence to question weak controls—this is not a tick-box role.

You will work closely with seniors and partners on audits that actually matter: operational risks, revenue leakages, governance failures, compliance gaps, and control breakdowns.

Key Responsibilities

Internal Audit & Risk Reviews

• Execute internal audit assignments as per approved audit plans
• Perform walkthroughs, control testing, substantive procedures, and transaction testing
• Identify control gaps, process inefficiencies, revenue leakages, and compliance risks
• Evaluate adequacy and effectiveness of internal controls across functions such as:
• Finance & Accounts
• Procurement & Vendor Management
• Payroll & HR
• Inventory & Fixed Assets
• Revenue, Billing & Receivables
• IT General Controls (basic level)

Documentation & Reporting

• Prepare clear, structured working papers aligned with internal audit standards
• Draft audit observations with:
• Issue identification
• Risk implication
• Root cause
• Practical recommendations
• Assist in preparation of internal audit reports and management presentations
• Track closure of audit findings and follow-up action points

Compliance & Governance

• Review compliance with applicable laws and internal policies (Companies Act, Income-tax, GST, internal SOPs, trust regulations where applicable)
• Assist in governance reviews for boards, audit committees, and management
• Support special reviews, investigations, and ad-hoc assignments when required

Client & Stakeholder Interaction

• Interact professionally with client personnel across levels
• Seek data, explanations, and clarifications independently
• Escalate issues promptly to seniors without fear or dilution

Required Skills & Competencies

Technical

• Strong understanding of:
• Accounting principles
• Internal controls & risk frameworks
• Audit methodologies
• Ability to read and analyse large data sets and financial records
• Working knowledge of MS Excel (filters, pivots, lookups); Power BI exposure is a plus

Professional

• High attention to detail—sloppy work will not pass
• Strong written communication; ability to articulate risks clearly
• Professional scepticism and willingness to challenge weak explanations
• Ability to work under deadlines and manage multiple assignments

Personal Attributes

• Integrity and confidentiality are non-negotiable
• Willingness to learn fast and take ownership
• Comfortable with fieldwork, audits, and uncomfortable conversations

Qualification Requirements

• ACCA (Qualified / Affiliate / Part-Qualified) or
• SQA qualification in Accounting / Finance (HNC, HND, Advanced Diploma)
• Prior exposure to audit, internal audit, or risk advisory preferred

Experience: 1–4 years (post-qualification or relevant articleship / industry exposure)

Job Type: Full-time

Work Location: In person