Corporate Audit - Executive (People with Disability only)

Greetings from Saira Jobs!
We are currently recruiting for a 'Corporate Audit - Executive' on behalf of our partner. Explore the opportunity below and apply today if you meet the qualifications!

Job Purpose:

Assist Manager in developing and executing the Annual audit plan, and take a lead role in the day to day execution of internal audits

Contribute to the Internal Audit (IA) function by identifying risks associated with business objectives and evaluating the controls in place to mitigate those risks in order to improve the effectiveness of risk management, control, and governance processes

Ensuring completion of Audit plan as per schedule for empanelled external auditors and providing guidance and support to them in execution of Audits

Provide value-added advice and support to business partners on the creation or modification of policies, procedures, processes, products or services to ensure an appropriate level of internal control and compliance is maintained.

Business Responsibility Areas

Planning

Engaging with the Auditee for finalization of dates of Audit engagement and Assisting the Manager in the collecting information and documents relevant to be used for preparation of Audit Planning Memorandum (APM)

Identifying transactional discrepancies/inconsistencies in data extracted form ERP/MIS through Auditing Tools, Exception Reports or Manual Analysis

Participate in opening meetings with Auditee to explain the scope and objectives of the audit engagement to Auditee and provide an overview of all steps in the audit process

Develop a thorough understanding of business processes in scope for assigned audits and document the processes in flowcharts and/or process narratives. Identify and document inherent risks and controls within the business processes

Fieldwork

Develop a risk based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology

Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives. Identify and document control and process weaknesses and provide evidential support for findings

Propose practical and value added recommendations to address control weaknesses and/or process inefficiencies

Organize and reference work papers for review by Manager, Internal Audit

Participate in closing meetings with Auditee at the end of fieldwork, providing clear explanations for identified issues

Reporting

Assist in the preparation of a concise and informative audit report to effectively communicate the findings and recommendations to the auditee and senior management.

Assist in preparation of Presentation on Major Observation to Auditee Hierarchy/Audit Committee

Other Responsibilities

Pursuing for closure of open audit issues

Supports the Manager, Internal Audit in the development and implementation of the evolving IA methodology

Provide consultative support to unit with regard to the adequate design and execution of risk management processes

Education: B.Com / BAF

Functional Competencies

Critical Thinking

Business Acumen

Analytical Skills

SAP ERP and MS Office

Report Writing

Behavioral Competencies

Confidentiality

Objectivity

Communication

Judgment

Positive outlook

Additional Requirements

Should be open for travelling

PwD (with ability to work independently without tool support)

Location: Mumbai (Vakola)

Scope of Work:

a) Financial Scope (Range of financial spend):

Based on APM, GL Trend, exceptions

Same applies when handling external auditors

b) People Management Scope (Range of no. of Direct/ Indirect Reports):

Maintain cordial relationship within and outside the function

c) Geography Coverage (Country wide/ State-wide / Area-wide)

Audit of Group companies including Subsidiaries (Indian and international) and Joint ventures.

d) Corporate Coverage (Company wide / Business Unit or Function-wide / Sub-function-wide / Other):

All Functions in the company and Group Companies

Key Interactions

Internal

With Various Functions across hierarchy such as Plants, Branches, Sales, marketing, Supply Chain, Finance, Legal, Taxation, SSC ,IT, IBU

External

External Consultants

External Auditors

Other Vendors