Internal Audit
6 days ago
Job Description:
Internal Audits:
- Conduct internal audits of financial, operational, and compliance processes to assess the
effectiveness and efficiency of internal controls.
- Develop and implement audit plans, risk assessments, and audit programs to meet
departmental goals.
- Review internal controls, policies, and procedures, and identify areas of improvement.
- Prepare and maintain comprehensive audit documentation and workpapers.
- Ensure compliance with relevant regulations, industry standards, and organizational
policies.
Risk Management Controls:
- Identify and assess risks that may affect the organization's operations and suggest
mitigation strategies.
- Evaluate the adequacy and effectiveness of internal controls and recommend
improvements to enhance operational efficiency and risk management.
Reporting Recommendations:
- Prepare and present detailed audit findings and recommendations to management.
- Prepare audit reports summarizing audit objectives, scope, methodology, findings, and
corrective actions.
- Follow up on audit findings to ensure that corrective actions have been implemented.
Collaboration:
- Work closely with various departments to understand their processes and provide
insights on potential areas for improvement.
- Collaborate with external auditors, regulatory bodies, and other stakeholders during
audits and compliance checks.
Continuous Improvement:
- Stay up-to-date with audit best practices, new regulations, and industry trends.
- Assist in the development of internal audit procedures and methodologies to improve
audit effectiveness.
**Qualifications**:
**Education**:
- Bachelor's degree in Accounting, Finance, Business Administration, or related field.
- Semi-Qualified (CA Inter.
Experience:
- Minimum of 2-3 years of experience in internal auditing, finance, or accounting roles.
- Experience with risk assessment, audit techniques, and internal controls.
Technical Skills:
- Strong understanding of audit principles, methodologies, and regulatory frameworks.
- Proficiency in audit management software, Microsoft Office Suite (Excel, Word,
PowerPoint), and data analytics tools.
- Knowledge of ERP systems (e.g., SAP, Oracle) is a plus.
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