Manager - Internal Audit - CA

Audit Assignment Planning & Review (Monitoring of the assignments delivered by AMs/ Executives)

- Plan the engagements in detailed manner with team members in line with the agreed scope of work for areas being audited (based on process discussions with auditees and previous audits being undertaken).

- Monitor the field work to ensure that team delivers the engagement within the specified timelines.

- Thoroughly review the audit work program, supporting, working files, calculations, draft and final reports etc.

- Audit work program should ensure adequate coverage for establishing:

- Effectiveness of internal controls so that processes operate with operational and financial integrity,

- Identification of improvement areas to enhance, simplify, automate controls as well as improve process efficiency,

- Ensure safeguarding of assets and achievement of organizational objectives and

- Compliance with laws and regulations.

- Incorporate new methods, techniques, and tools in planning (as well as executing) audits.

- Ensure appropriate and sufficient audit documentation for each assignment.

Audit Execution & Reporting (Execution of the individual assignments)

- Executive audit assignments independently. Ensure timely and appropriate execution of audit while ensuring,

- Adequate coverage of transactions (sampling as well as data analytics),

- Deploying accepted tools and techniques to make audit process efficient and

- Keeping in context materiality as well weaknesses observed in the process.

- Highlight potential risks and quantify either value at stake or improvement potential wherever applicable.

- Come up with recommendations that are value adding, practical and improve on current operations.

- Write concise, clear reports with facts and explanations that are suitable for senior management while at the same time are very actionable.

- Maintain audit standards, working papers and overall, a highly professional approach.

- Follow-up and track implementation of the recommendations provided when they become due.

Audit Integrity & Standards

- Ensure confidentiality.

- Ensure adherence to the internal audit department's SoPs and Policies for self and reportees.

- Ensure compliance with the Internal Auditing Standards issued by IIA.

Stakeholder management:

- Liaise with HODs and Process Owners wherever the intervention is required to speed up the assignments.

- Maintain a healthy stakeholder relationship.

- Ensure all the critical meetings are attended and led for the engagements executed.

Other

- Proactively work with Senior Managers and Head of Audit to plan the engagements in line with the approved annual Audit Plan. Support in completion of the entire audit plan.

- Should be able to multi-task and ensure the right prioritization and timely delivery for all assignments being undertaken.

- Support the Seniors in preparing the Board deliverables (e.g. Audit Committee, Budget meetings etc.).

- Lead periodic team trainings.

- Ensure appropriate Audit technology tools are used to provide the highest level of assurance in an efficient manner.

- Advise in decision making, framing of policies, cost rationalization by providing an independent analysis.

- Occasionally also take up business improvement projects as guided by Head of Department.

- Monitor international developments, emerging trends and best practices in internal auditing and implement them, as applicable. (Monitoring of the assignments delivered by AMs/ Executives)

- Plan the engagements in detailed manner with team members in line with the agreed scope of work for areas being audited (based on process discussions with auditees and previous audits being undertaken).

- Monitor the field work to ensure that team delivers the engagement within the specified timelines.

- Thoroughly review the audit work program, supporting, working files, calculations, draft and final reports etc.

- Audit work program should ensure adequate coverage for establishing:

- Effectiveness of internal controls so that processes operate with operational and financial integrity,

- Identification of improvement areas to enhance, simplify, automate controls as well as improve process efficiency,

- Ensure safeguarding of assets and achievement of organizational objectives and

- Compliance with laws and regulations.

- Incorporate new methods, techniques, and tools in planning (as well as executing) audits.

- Ensure appropriate and sufficient audit documentation for each assignment.

Audit Execution & Reporting (Execution of the individual assignments)

- Executive audit assignments independently. Ensure timely and appropriate execution of audit while ensuring,

- Adequate coverage of transactions (sampling as well as data analytics),

- Deploying accepted tools and techniques to make audit process efficient and

- Keeping in context materiality as well weaknesses observed in the process.

- Highlight potential risks and quantify either value at stake or improvement potential wherever applicable.

- Come up with recommendations that are value adding, practical and improve on current operations.

- Write concise, clear reports with facts and explanations that are suitable for senior management while at the same time are very actionable.

- Maintain audit standards, working papers and overall, a highly professional approach.

- Follow-up and track implementation of the recommendations provided when they become due.

Audit Integrity & Standards

- Ensure confidentiality.

- Ensure adherence to the internal audit department's SoPs and Policies for self and reportees.

- Ensure compliance with the Internal Auditing Standards issued by IIA.

Stakeholder management:

- Liaise with HODs and Process Owners wherever the intervention is required to speed up the assignments.

- Maintain a healthy stakeholder relationship.

- Ensure all the critical meetings are attended and led for the engagements executed.

Other

- Proactively work with Senior Managers and Head of Audit to plan the engagements in line with the approved annual Audit Plan. Support in completion of the entire audit plan.

- Should be able to multi-task and ensure the right prioritization and timely delivery for all assignments being undertaken.

- Support the Seniors in preparing the Board deliverables (e.g. Audit Committee, Budget meetings etc.).

- Lead periodic team trainings.

- Ensure appropriate Audit technology tools are used to provide the highest level of assurance in an efficient manner.

- Advise in decision making, framing of policies, cost rationalization by providing an independent analysis.

- Occasionally also take up business improvement projects as guided by Head of Department.

- Monitor international developments, emerging trends and best practices in internal auditing and implement them, as applicable.