Internal Audit Executive -Steel Integrated Plant (COE)-Kolkata

Role Summary

The role holder will be a key member of the Internal Audit team and will be responsible for conducting internal audits in line with the framework defined by the Audit function. Key responsibilities will include core audit activities, process improvement, with a specific focus on the purchase cycle, stores and internal controls across departments.

Key Responsibilities

Audit of the entire Purchase Cycle from procure to pay.

Review of internal controls of various departments and reporting of control gaps.

Conduct stores and inventory audits, including verification of receipts, issues, stock records and physical inventory.

Review of monthly consumption vs. standard consumption of materials and its variances.

Execute the Internal Audit calendar in an appropriate manner and as per schedule.

Follow up on action taken on various issues and report the status of agreed action plans.

Support the risk assessment process and preparation of the risk-based internal audit plan.

Preparation of MIS and periodic reports for management.

Review Statutory Compliances applicable for the company

Perform Sample level transactions testing

Ensure quality of audit work and that professional standards are maintained at all times.

Use MS Excel and data-analysis tools for audit testing and identification of unusual trends or exceptions.