Specialist - Internal Audit - CA

As a Specialist - Internal Audit & Controls in Mumbai your key responsibilities will be:

- Responsible for Internal Audits by implementing plans related to risk assessment and annual planning, audit execution, audit reporting.

- Assess effectiveness of internal controls, accuracy of financial records, and efficiency of operations. Help in continuous improvement of processes within the organization.

- Assess what can go wrong and develop a risk mitigation index.

- Plan the scope of audit and prepare the audit program on the basis of risk-based approach, using Risk and Control frameworks, the key control points, safeguard of company resources, and accurate presentation of financial results and possibility of misappropriation.

- Analyse data obtained for evidence of deficiencies in controls, fraud, or lack of compliance with the management policies and procedures.

- Work with the process heads to have a meaningful review with continued focus on Identifying areas of improvement and develop and monitor corrective action plans.

- Draft internal audits reports recommending appropriate improvements to controls and assessing the adequacy of the corrective action taken and provide management with sufficient information to address any observed deficiency.

- Conduct follow up audits to review implementation of agreed plans of action and achievement of savings identified.

- Assess the effectiveness of MIS at various levels for all commercial functions mentioned above.

- Work on Data Analytics, perform detailed reviews of transactions, data anomalies, key risk indicator reviews at pre-established frequency, assessing the root cause of potential exceptions, and supporting remediation efforts for exceptions identified.

- Manage independently and perform audits end to end.

- Issue all Internal Audit reports ensuring the reports are clear, concise, identify root causes with practical solutions and ultimately provide value to management.

- Prepare Audit committee presentations on a quarterly basis.

MAIN STAKEHOLDERS

You would work in close collaboration with competent and wonderful teams such as Finance, HR, Operations, Sales etc. Externally you will also work with Statutory and financial auditors and other external auditors.