Key purpose of the job: Ensuring an appropriate level of internal control and compliance is maintained. Also advising Management on how to improve system and processes. Providing independent assurance that an organisation's risk management, governance and internal control processes are operating effectively. Identifying risks associated with business and evaluating the controls in place to mitigate those risks in order to improve the effectiveness of risk management, control, and governance processes.
Key Accountabilities/ Responsibilities
Determine internal audit scope and develop annual plans
Prepare and give MIS reports to the MD & CFO
Perform and control the full audit cycle including risk management and control management over operations effectiveness, financial reliability and compliance with all applicable directives and regulations
Obtain, analyse and evaluate accounting documentation, previous reports, data, flowcharts /SOP.
Prepare and present reports that reflect audits results and document process
Identify loopholes and recommend risk aversion measures and cost savings
Maintain open communication with management and audit committee
Documenting process and prepare audit findings reports.
Conduct follow up audits to monitor managements interventions
To coordinate with the external auditors and ensure that each party is not only aware of the other's work but also well briefed on areas of concern/s.
Engage to continuous knowledge development regarding sectors rules, regulations, best practices, tools, techniques and performance standards
Internal & External InteractionsEducation & Experience Requirement:
CA from recognised institute
8-10 years of relevant experience.
Excellent data mining and analytical skills
Good Interpersonal Skills