officer/Sr.Officer/ Asst.Manager/Manager - Audit, Hyderabad

a qualified CA / Semi Qualified with 2-10yrs

Accountability:

• Accountable for ensuring the timely implementation of yearly audit plan and work on all the requirements as directed by chief internal audit officer

Responsibilities:

• Prepares draft audit plan on a yearly basis and consult with HOD for approval of the plan
• Prepares audit scope and tour schedule for carrying out internal audits across factories/deports/ marketing offices and other assigned locations
• Assigns work to team members and guides them to conduct audits as per the approved plan
• Coordinate with all key stakeholders for smooth functioning of internal audits
• Oversee the adherence of checklists, formats /procedures for carrying out audits and ensure the audit observations are framed in a consistent manner
• Review the draft audit reports prepared by team members & external auditors before sharing it with the auditee
• Follow up with auditee on various observations made and seek clarifications / responses
• Review the MIS reports of various audits and ensure data is accurately represented without any errors
• Consolidate monthly audit issues and submits the report to HOD for review
• Ensure previous audit observations are verified in subsequent audit and shares the report to HOD
• Conducts internal audit/ special tasks as directed by HOD
• Carry out investigations as directed by HOD
• Verify the tour expenses/ bills of team members and ensures the same are forwarded to accounts department for reimbursement
• Prepare various MIS reports for quarterly board meetings by analyzing various data points
• Suggest measures of cost control & process improvements based on field observations received from audit team
• Attends to all escalations raised by external auditors and coordinate with necessary stakeholders for clarifications
• Scrutinizes external audit bills in ERP and forwards the same to accounts team for release of payments
• Attends to various departmental meetings and provides necessary information required in consultation with HOD
• Keeps abreast of latest compliance /regulatory issues , come up with innovative ideas, suggestions leading to cost control, compliance and efficiency etc.,
• Ensure timely and effective implementation of performance management system by seeking/providing regular feedback, conducting formal reviews, and identifying training and development needs
• Discharge any additional roles and responsibilities as directed by management from time to time.