Job Purpose - Assessing the adequacy and relevance of the internal control systems, policies and procedures. Reporting on the extent of compliance with the same - Providing reasonable assurance to the Audit Committee and Executive Council over efficiency/effectiveness of operations (including safeguarding of assets), the reliability of financial and management reporting, and compliance with laws and regulations. - Conducting proactive fraud audits to identify potentially fraudulent acts; participating in fraud investigations under the direction of fraud investigation professionals, and conducting post investigation fraud audits to identify control breakdowns and establish financial loss. Primary Responsibilities - Planning and scheduling audits - Applying principles of auditing - Technical skills - Report writing and summarization - Team work - Managing officers - Time management - Reviewing work done by staff - Identifying data requirements Scope of Work a) Financial Scope (Range of financial spend): - Identify External Partners (CA Firms) and finalising financials for carrying out Internal Audits. - Preparation and adherence to the budget for related expenses. Monitoring spends and Managing provisions b) People Management Scope (Range of no. of Direct/ Indirect Reports): - Handling Performance Appraisals of Subordinates - Set goals, review and manage performance, guide and counsel and provide feedback on performance so as to ensure a motivated and committed team - Play an active role in recruitment of incumbents into the team - Responsibility for handling and approving promotions in the team - Ensuring high level of employee engagement and retention of key personnel - Responsibility for training and counselling of the team along with career planning & development - Enhancing the competency level of the team by providing them opportunities like feedback, training, coaching etc. - Recommend Team Members for promotion within the organizational hierarchy. c) Geography Coverage (Country-wide/ State-wide / Area-wide) Based on Internal Audit's assessment of Risk and also inputs from Line Function, Geographical Coverage is decided. Further on Rotation basis, locations all across India is covered for the purpose of Audit. Audits include Plants, Sales Offices and Depots, OPC- s, JV's etc. Further all International Business Units are also covered on an Annual Basis. d) Corporate Coverage (Company-wide / Business Unit or Function-wide / Subfunction-wide / Other): Audit covers Plants, Sales Offices and Depots, OPC- s, JV- s, Shared Service Centre, Regional Distribution Centres, International Business. Further process audits of Corporate Centre, Purchase Department, Supply Chain, Sales and Marketing and Other Department / Functions are taken up based on risk assessment, rating and inputs from Line Functions. Qualifications:- Essential - Chartered Accountants who have cleared the examination in First Attempt - Graduation in any Discipline Desired - Rank Holder in Chartered Accountancy Examination - Good in Academics - CIMA / ACCA / CFA /CS / CWA or any such relevant qualification - CISA/ System Audit/ Forensic audit course Previous Experience:- Essential - Relevant Post Qualification Experience in Internal Audit Function in Big Four- s, Corporate or Large / Mid Sized Firms / Organizations Desired - Article ship in a medium or a big Four CA firm - Lead a Team in Previous Work Experience - Should be efficient in Deployment of Tools such as SAP, ACL, and Excel etc. - Worked in IT/ system audit - Handled fraud investigation/ forensic assignment

Mumbai

Asian Paints - Manager - Audit 

Asian Paints - Manager - Audit  ,Job Description for Asian Paints - Manager - Audit  in Asian Paints in  Mumbai for (1-3) years of experience. Apply Now!

Job Description for Asian Paints - Manager - Audit  in Asian Paints in  Mumbai for (1-3) years of experience. Apply Now!