Job
Description
Job Summary: We are seeking a highly motivated and skilled Internal Audit professional to join our team in Ahmedabad. The successful candidate will be responsible for conducting independent and objective assessments of the company's internal control environment, risk management processes, and governance frameworks. This role aims to provide assurance to the Board and Management regarding the effectiveness of controls and the efficiency of operations, ultimately helping the organization achieve its strategic objectives while mitigating risks. Key Responsibilities: Audit Planning & Execution: Assist in the development of the annual internal audit plan based on risk assessments and business priorities. Plan and execute internal audit engagements across various business functions and processes (e.g., financial operations, IT, compliance, operational efficiency). Develop comprehensive audit programs, including specific objectives, scope, and testing procedures. Conduct detailed fieldwork, including interviewing personnel, reviewing documents, analyzing data, and observing processes. Identify and document control weaknesses, inefficiencies, and non-compliance with policies, procedures, and regulations. Evaluate the adequacy and effectiveness of internal controls over financial reporting, operational processes, and information systems. Risk Assessment & Control Evaluation: Identify and assess key business risks, including financial, operational, technological, and compliance risks. Evaluate the design and operating effectiveness of internal controls in mitigating identified risks. Recommend practical and value-added solutions to address control deficiencies and improve operational efficiency. Reporting & Communication: Prepare clear, concise, and well-supported audit reports detailing findings, risks, and recommendations. Present audit findings to management and relevant stakeholders, effectively communicating the impact and implications of observations. Obtain management responses and commitment to implement agreed-upon corrective actions. Follow up on the implementation of audit recommendations to ensure timely and effective remediation. Advisory & Consultation: Provide independent advice and insights to management on internal control matters, risk management, and process improvements. Participate in special projects, investigations, and advisory engagements as requested by management or the Audit Committee. Contribute to the development and enhancement of internal audit methodologies, tools, and best practices. Compliance & Governance: Ensure compliance with internal audit standards (e.g., IIA Standards) and company policies. Stay abreast of industry best practices, regulatory changes, and emerging risks relevant to the business. Contribute to fostering a strong control and compliance culture within the organization. Qualifications: Education: Chartered Accountant (CA) or Certified Internal Auditor (CIA) is highly preferred. Other relevant qualifications like CISA (for IT Audit focus), MBA (Finance), or CS are a plus. Experience: 2-7 years of progressive experience in internal audit, external audit, risk management, or a related field. Experience in [specific industry, if relevant, e.g., manufacturing, financial services, IT] is an advantage. Proven experience in conducting comprehensive operational, financial, and compliance audits. Skills & Competencies: Technical Proficiency: Strong understanding of internal audit methodologies, risk assessment techniques, and internal control frameworks (e.g., COSO). Knowledge of Indian accounting standards (IND AS), IFRS, and relevant regulatory requirements. Proficiency in data analysis tools (e.g., advanced Excel, Power BI, ACL, IDEA) is a plus. Familiarity with ERP systems (e.g., SAP,) and their control implications. Analytical & Problem-Solving: Excellent analytical skills with the ability to identify root causes of issues and develop practical solutions. Strong attention to detail and ability to analyze complex data sets. Communication & Interpersonal: Exceptional written and verbal communication skills, with the ability to present findings clearly and persuasively to diverse audiences. Strong interpersonal skills and the ability to build rapport and work collaboratively with stakeholders at all levels. Ability to conduct effective interviews and gather information objectively. Professionalism & Ethics: High level of integrity, objectivity, and confidentiality. Demonstrated commitment to ethical conduct and professional standards. Other: Self-motivated, proactive, and able to work independently with minimal supervision. Ability to manage multiple assignments concurrently and meet deadlines. Strong organizational and time management skills.
