Dainik Bhaskar Group - Chartered Accountant - Internal Audit

Job Summary : The Internal Audit and Vigilance Officer is responsible for ensuring the organization's adherence to established policies, procedures, and regulatory requirements. They play a crucial role in evaluating internal controls, identifying potential risks, and promoting ethical conduct within the organization. This position involves conducting thorough audits, investigations, and reviews to enhance transparency, accountability, and efficiency across all departments.

Key Responsibilities:

Internal Audit:

- Plan and execute internal audits across various departments to assess the effectiveness of internal controls and compliance with policies and regulations.

- Review financial statements, transaction records, and operational processes to identify discrepancies, inefficiencies, and potential fraud.

- Develop and implement audit programs, testing procedures, and risk assessment methodologies.

- Prepare comprehensive audit reports outlining findings, recommendations, and action plans for improvement.

- Collaborate with management to address identified issues and ensure timely corrective actions are taken.

Risk Management:

- Identify and assess potential risks that could adversely impact the organization's operations, finances, or reputation.

- Recommend strategies to mitigate risks and strengthen internal controls.

- Monitor risk management activities and ensure appropriate measures are in place to manage identified risks effectively.

Fraud Detection and Investigation:

- Investigate reports of suspected fraud, corruption, or unethical behaviour within the organization.

- Conduct thorough interviews, collect evidence, and analyse data to determine the validity of allegations.

- Maintain confidentiality during investigations and ensure adherence to legal and ethical guidelines.

Ethical Conduct and Compliance:

- Foster a culture of integrity and ethical behaviour throughout the organization.

- Provide guidance and training to employees on compliance with relevant laws, regulations, and company policies.

- Stay updated on changes in laws and regulations that impact the organization and recommend necessary adjustments.

Reporting and Documentation:

- Maintain accurate and organized records of audit findings, investigation reports, and compliance assessments.

- Present findings and recommendations to management and stakeholders in a clear and concise manner.

- Generate periodic reports on audit activities, compliance status, and vigilance-related matters.