Internal Audit
3 weeks ago
**Executive, Group Internal Audit**
**Location-** Raigarh, Tamnar (Chhattisgarh)
**Type of Employment**:
- Full Time, Permanent
**Reporting to-** Location Head, Group Internal Audit, Angul
**Career Grade Level**:
- CG 4 (Deputy Manager/ Manager)
**Roles & Responsibilities**
- Execute various tasks to drive the internal audit functions for assigned plants including pre-transaction audit, post-transaction audit and vigilance audit.
- Independently undertaking the field work of audit in various plants.
- Independently involved for design, implementation and monitoring the status of Risk Control Matrix (RCM) of processes covering Finance ,production, PPC, Quality management, Plant Maintenance, Stores area, Purchase & Payable areas.
- Analyze operational and management processes and system controls’ effectiveness and efficiency in view to improve them and propose value-added recommendations_._
- Implement risk assessment strategies through analysis of various risks and suggest course of action to mitigate identified risks
- Identify control and process weaknesses, documentation of main control points and provide evidential support for report recommendations.
- Ensuring that statutory compliance and its adherence.
- Discuss the audit findings with auditees and obtain their responses along with timelines.
- Prepare various audit reports with findings and issues identified during the internal audit for further discussions with HoDs.
- Ensure final audit reports are issued with all recommendations agreed and accepted by the audited individual/group, considering materiality, internal controls and documentary evidence along with results.
- Monitor all pending issues, track aging, reminders to auditees for timely closure of issues and escalate overdue matters.
- Suggesting automated controls / processes, wherever possible and following up for its implementation
- Perform special & vigilance audits per management requests & identify red flags by analyzing departmental data, quality data, invoices etc.
- Prepare presentation of summary of audit reports for the Audit Committee to identify areas requiring attention and ensure implementation of any actions agreed along with recommendations.
**Position Requirements**
**Educational Qualification**
Under Graduate
- Graduation or Bachelor’s course
Post Graduate
- Chartered Accountant / Cost Accountant (mandatory)
**Work Experience**
5-10 years of professional experience in Internal Audit function
Auditing experience in Steel & related sectors.
**IT Skills**
- **SAP** (FICO, MM & SD) and presently using SAP.
- Windows, MS - Word, Excel & PowerPoint.
**Functional Competencies**
- Understanding of national operational practices in Internal audit, financial & transaction audit, process knowledge of steel & related industries
- Ability to analyse data & business metrics
- Demonstrated success working both independently & in highly collaborative environments
- Outstanding communication & presentation skills
- Exceptional analytical, strategic and critical thinking skills
- Problem-solving skills and initiative
**Salary**: ₹500,000.00 - ₹1,500,000.00 per year
Schedule:
- Day shift
Ability to commute/relocate:
- Angul: Reliably commute or planning to relocate before starting work (required)
**Experience**:
- total work: 1 year (preferred)
