Internal Audit Executive
6 days ago
About Godrej & Boyce Mfg. Co. Ltd.
We are one of India's oldest and most respected brands, known for our engineering excellence and pioneering spirit. Our company positively impacts the lives of one-third of India's population through our diverse presence across 10 industries.
We are looking for a Chartered Accountant with 2/3 years of post-qualification experience in Internal Audit to join our team as an Internal Audit Executive.
The salary for this position is estimated to be around ₹12,00,000 - ₹18,00,000 per annum, depending on qualifications and experience.
Key Responsibilities:
- Audit Process (Pre-planning, execution, and follow-up)
- Audit Areas (Branch / Factory / Commercial / Non-Operating Areas Audit)
- Type of Audit (Operational, Conformance, Investigative, Information Technology General Controls, Internal Controls over Financial Reporting, Enterprise Risk Management, and Management)
Job Description:
Key Result Areas- Conducting Methods Study of All Activities of the Locations Being Audited and Suggesting Improvements
- Using PC as a Tool of Audit to Improve the Areas of Coverage
- Assessing Adequacy and Correctness of Accounting Records
- Carrying Out Ad-hoc Reviews to Investigate Any Area Identified
- Checking the Processes and Ensuring that Internal Controls Systems are Adequate Including Suggestions for Improvements in Standard Operating Processes
- Documenting Process Flow Chart, Collecting, and Filing Relevant Policies and Procedures
- Ensuring Proper Segregation of Duties and Studying the Adequacy of the Same
- Ensuring Compliance to Various Statutes Applicable, Accounting Standards, and Also Compliance with the Company Procedures and Policies Laid Down
- Identifying Non-Value Added Activities
- Ensuring that Audit Findings are Correctly and Factually Reported
- Providing Inputs for Improvements in Internal Control Systems, Processes, Avenues for Cost Savings, and Profit Maximization
- Ensuring that the Report is Concise and Should Convey the Observations and Create the Desired Impact on the Reader
- Constant Written Follow-up with Auditees for Implementation of Audit Suggestions
- Periodic Meetings with the Auditees
- Reporting Periodically the Implementation of the Audit Suggestions, and Summarizing the Implementation Status
- Recording the Reasons for Non-Implementation Wherever Applicable
- Preparing Work Papers During Audit Activity
- Maintaining Copies of All Query Sheets
- Documenting How the Query has been Resolved
- Having Proper Referencing with all Documents and Audit Points
- Assisting in Preparing the Audit Checklist and Internal Control Checklist, and to Update the Audit Checklist and Internal Control Checklist Periodically
- Filing Properly all Documents and Work Papers for Easy Retrieval in Future
- Analysis of Control Flow Charts for Key Business Processes and Critical Parts of Key Processes, with a View to Identify Weaknesses
- Efficiency of Use of Resources, Duplication of Work, Adequacy of Control Procedure
Requisite Qualifications
We are looking for a Chartered Accountant with 2/3 years of post-qualification experience in Internal Audit, preferably who has handled project-based audits.
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