Sunstone Eduversity - Internal Auditor - CA

Job Description:

1. Identifies internal controls deficiencies and assist team to ensures the timely implementation of corrective actions.

2. Evaluation of Internal Controls and reporting the results thereof to management.

3. Responsible for checking compliance with applicable regulations, detecting ineffective or inefficient practices and verifying financial records.

4. Initiate and support improvements to processes and techniques to achieve higher levels of efficiency and effectiveness and to maximize productivity gains.

5. Manages Audit projects by determining scope and objectives, developing cross-functional audit plans: partnering with stakeholders and process owners for execution of plans.

6. Candidate should organize and present meaningfully detailed report to communicate the results of audit to management, supplement written reports with suggestions for changes in policies.

7. Assessing compliance with financial regulations and controls by executing audit program sets, testing general ledger and related financial statements, examining and analyzing controls, reports, operating practices and documentations.

8. Regular updating of Risks and related Operational & Financial controls and it's testing.

9. Review of checks and controls around key areas under Finance & Accounts such as:

a. GL/Trial balance review- Critical transactions review.

b. Controls over posting journal entries

c. Accruals and provisions basis and approvals.

d. Vendor Balance confirmations.

e. Cash & Bank process narratives

Coordination & support to External Internal Audit Firm:

- Extend support to the Internal audit firm in driving the Audit effort by providing clarity on the company processes & operations.

- Attending the kick-off and closing meetings. Ensuring that the audits are carried out as per approved work plan.

- Support to Internal Auditors in process walkthrough & other Audit related queries.

- Review of Audit reports and validation of observations and adequacy of action plans given by the auditee.

Required Candidate profile

- CA with 3 to 5 years' experience

- Experience in handling Internal Audit of Mid-Size entities.

- Detailed knowledge of Audit & Accounting standards.

- Strong analytical & problem-solving skills.

- Sound understanding of Control environment, compliance & risk frameworks.

- Excellent communication skills.