Experience: 2+ Years

Qualification: CA

Employment Type: Full-time

Job Overview:

As an Internal Audit - F&A professional, you will be crucial in ensuring the financial, operational, and compliance integrity of our online institution, a leader in medical entrance exam preparation. You will identify and mitigate risks, enhance internal controls, and provide strategic insights to support our rapid growth. If you are a detail-oriented CA Finalist with strong analytical and communication skills, ready to make an immediate impact, we encourage you to apply.

Job & Responsibilities

Risk Management and Assessment:

- Identify Risks: Evaluate and identify potential risks related to financial, operational, compliance, and technological aspects across the organization.

- Risk Mitigation: Develop comprehensive strategies and recommend practical measures to mitigate identified risks effectively.

Internal Controls:

- Evaluate Controls: Assess the effectiveness of existing internal controls designed to safeguard assets, ensure the accuracy of financial records, and promote operational efficiency.

- Enhance Controls: Recommend clear, actionable improvements to existing internal control systems to significantly enhance their effectiveness and robustness.

Compliance Audits:

- Regulatory Compliance: Ensure that the company strictly adheres to all relevant laws, regulations, and industry standards. This includes specific educational regulations, data privacy laws (such as GDPR), and financial reporting standards.

- Policy Adherence: Verify that company policies and procedures are being followed consistently across all departments and operations.

Financial Audits:

- Financial Reporting: Conduct thorough reviews and verification of the accuracy and completeness of financial statements.

- Fraud Detection: Proactively identify and investigate any instances of financial fraud or irregularities, implementing measures to prevent future occurrences.

Operational Audits:

- Process Efficiency: Assess the efficiency and effectiveness of key operational processes, including course development, delivery, customer service, and technology deployment.

- Best Practices: Recommend best practices to improve overall operational performance and enhance cost-effectiveness.

IT Audits:

- IT Governance: Ensure that IT governance frameworks are robust, aligned with the company's strategic goals, and support secure and efficient technological operations.

Strategic Advisory:

- Strategic Planning: Provide valuable insights and recommendations to support strategic decision-making, ensuring that internal audit findings are aligned with the companys long-term goals and objectives.

- Project Audits: Review and assess major projects, such as the implementation of new educational platforms or expansions into new markets, to ensure they are completed on time, within budget, and according to specifications.

Reporting and Communication:

- Audit Reports: Prepare detailed and professional audit reports summarizing findings, identified risks, and practical recommendations.

- Stakeholder Communication: Clearly and effectively communicate audit results to senior management, the board of directors, and other relevant stakeholders.

Continuous Improvement:

- Quality Assurance: Actively participate in quality assurance and improvement programs for the internal audit function, striving for continuous enhancement of audit processes and outcomes.

Skills

- Microsoft Excel (Advanced): Proficient in advanced Excel functionalities for data analysis, reporting, and audit workpapers.

- SOP Preparation: Experience in preparing and reviewing Standard Operating Procedures (SOPs).

- Gap Analysis: Strong ability to conduct thorough gap analysis to identify discrepancies and areas for improvement.

- Internal Audits: Proven experience in performing comprehensive internal audits across various functions.

- Indian Statutory Policies & Compliances: Solid understanding of Indian statutory policies and compliance requirements relevant to financial operations and business conduct.