Consultant - SOX Audit

Job Title : SOX Audit consultant.

Location : Gurgaon (WFO).

Experience : 2 to 5 years.

Skilled and detail-oriented SOX Compliance and Internal Audit Consultant who will play a critical role in ensuring compliance with SOX requirements through the design, execution, and assessment of internal controls over financial reporting (ICFR).

Soft Skills:

- Medium to High Proficiency in MS Office is required.

- A good blend of creative thinking and rigorous analysis in solving business problems.

- High energy individual possessing excellent analytical, interpersonal, communication and presentation skills.

- Adept at preparing and presenting to senior audiences.

- Demonstrates excellent leadership and interpersonal skills.

- Must be able to maintain a professional demeanor in times of high stress.

- Prior management and direct supervisory experience in a team environment required.

- Excellent time management skills.

- Must have ability to multi-task.

- Regular reading habits to stay abreast of new trends & developments and exhibit high level of confidentiality.

- Enjoys travelling and meeting new people.

- Flexibility to travel to, and work in, other locations are essential.

Job Description:

- Responsible for executing client-related engagements in the areas of SOX 404 & Clause 49 assistance, Governance, Risk & Compliance (GRC), Internal Audits, Process Reviews, Standard Operating Procedures,.

- Responsible to discuss with risk owners for identification and assessment of key risks and development of mitigation plans.

- Perform gap assessments by conducting detailed walkthroughs with process owners and identifying opportunities for automation, process transformation.

- Review and assess the design of internal controls to ensure they address key risks and comply with SOX requirements.

- Develop detailed process narratives, risk control matrices (RCMs), and flowcharts.

- Expertise in Substantive testing procedures Conduct tests of transactions to validate the effectiveness of controls over financial reporting; verify the accuracy, completeness, and validity of data through sampling methodologies and data analytics.

- Information Produced by the Entity (IPE) Testing Evaluate the reliability of information used in the execution of controls; perform detailed testing to validate the accuracy, completeness, and integrity of IPEs; ensure that data sources and logic align with control objectives.

- Management Review Controls (MRC) testing - Test the design and operating effectiveness of Management's review of financial and operational data; evaluate the documentation, criteria, and frequency of management reviews; assess the quality of evidence and identify any gaps in the review process.

- Responsible for executing client-related engagements in the areas of SOX 404 & Clause 49 assistance, Governance, Risk & Compliance (GRC), Internal Audits, Process Reviews, Standard Operating Procedures,.

- Responsible to discuss with risk owners for identification and assessment of key risks and development of mitigation plans.

- Perform gap assessments by conducting detailed walkthroughs with process owners and identifying opportunities for automation, process transformation.

- Review and assess the design of internal controls to ensure they address key risks and comply with SOX requirements.

- Develop detailed process narratives, risk control matrices (RCMs), and flowcharts.

- Expertise in Substantive testing procedures Conduct tests of transactions to validate the effectiveness of controls over financial reporting; verify the accuracy, completeness, and validity of data through sampling methodologies and data analytics.

- Information Produced by the Entity (IPE) Testing Evaluate the reliability of information used in the execution of controls; perform detailed testing to validate the accuracy, completeness, and integrity of IPEs; ensure that data sources and logic align with control objectives.

- Management Review Controls (MRC) testing - Test the design and operating effectiveness of Management's review of financial and operational data; evaluate the documentation, criteria, and frequency of management reviews; assess the quality of evidence and identify any gaps in the review process.

- Assess the existence, efficiency, and effectiveness of the SOX control environment by directing control/process optimization.

- Collaborate with cross-functional teams, including accounting, IT, and operations, to ensure control objectives are met.

- Assist clients in preparation for external audits by addressing auditor inquiries and providing necessary documentation.

- Inspect company's policies and procedures; perform evaluation of control design; and carry out assessment of the effectiveness of company internal controls concerning business processes and systems.

- Review of working papers & client folders.

- Suggest ideas on improving engagement productivity and identify opportunities for improving client service.

- Create/manage status trackers and report the statuses and/or challenges to the Project Manager/Director, clients and all other stakeholders over status calls.

- Ensure compliance with engagement plans and internal quality & risk management procedures.

- Keep abreast of emerging technologies with the IT environment and help in developing audit plans to counter whatever risks that might be associated with the application of such technologies.

- Assist seniors & managers in developing new methodologies and internal initiatives.

- Create a positive learning culture, coach, counsel and develop junior team members.

- Attention to detail and mentor young interns and analysts within the practice.

- Perform other duties that may be assigned by management.