Assistant Manager - Internal Audit

Audit Assignment Planning :

- Prepare audit work program for areas being audited based on process discussions with auditees and previous audits being undertaken.

- Audit work program should ensure adequate coverage for establishing:

- Effectiveness of internal controls so that processes operate with operational and financial integrity,

- Identification of improvement areas to enhance, simplify, automate controls as well as improve process efficiency,

- Ensure safeguarding of assets and achievement of organizational objectives and

- Compliance with laws and regulations.

- Incorporate new methods, techniques, and tools in planning (as well as executing) audits.

Audit Execution & Reporting :

- Executive audit assignments independently or along with team under the supervision of Seniors. Ensure timely and appropriate execution of audit while ensuring,

- Adequate coverage of transactions (sampling as well as data analytics),

- Deploying accepted tools and techniques to make audit process efficient and

- Keeping in context materiality as well weaknesses observed in the process.

- Highlight potential risks and quantify either value at stake or improvement potential wherever applicable.

- Come up with recommendations that are value adding, practical and improve on current operations.

- Write concise, clear reports with facts and explanations that are suitable for senior management while at the same time are very actionable.

- Maintain audit standards, working papers and overall, a highly professional approach.

- Follow-up and track implementation of the recommendations provided when they become due.

Audit Integrity & Standards :

- Ensure confidentiality.

- Ensure adherence to the internal audit department's SoPs and Policies for self and reportees.

- Ensure compliance with the Internal Auditing Standards issued by IIA.

Other :

- Ensure appropriate Audit technology tools are used to provide the highest level of assurance in an efficient manner.

- Advise in decision making, framing of policies, cost rationalization by providing an independent analysis.

- Occasionally also take up business improvement projects as guided by Head of Department.

- Monitor international developments, emerging trends and best practices in internal auditing and implement them, as applicable.