Internal Audit Associate

Roles & Responsibilities

• Conduct internal audits of business processes, financial transactions, and operational activities.
• Evaluate the adequacy and effectiveness of internal controls, processes, and systems.
• Identify process gaps, control weaknesses, financial irregularities, and operational risks.
• Verify supporting documents, accounting records, invoices, expenses, and other financial transactions.
• Perform process and compliance audits to ensure adherence to company policies, procedures, and applicable regulations.
• Analyze financial and operational data to identify unusual trends, discrepancies, and potential risks.
• Prepare detailed audit working papers, observations, and internal audit reports with practical recommendations.
• Discuss audit findings with process owners and management and assist in monitoring the implementation of corrective actions.
• Conduct follow-up reviews to ensure timely closure of audit observations.
• Assist in improving internal controls, operational efficiency, and risk management practices.
• Coordinate with clients/internal teams during the audit process and ensure timely completion of assigned audit areas.

Desired Candidate Profile

• Qualification: B.Com / B.Com (Hons.) or equivalent.
• Experience: 24 years of experience in Internal Audit.
• Good knowledge of internal audit procedures, internal controls, accounting principles, and risk assessment.
• Experience in conducting process audits, compliance audits, and financial audits.
• Strong analytical and problem-solving skills with the ability to identify control gaps and irregularities.
• Good working knowledge of MS Excel and accounting/ERP software.
• Good communication, documentation, and report-writing skills.
• Ability to interact with clients, process owners, and management professionally.
• Candidates with experience in a CA firm/Internal Audit firm will be preferred.