Planning
• Participate in opening meetings with auditee to explain the scope and objectives of the audit engagement to auditee and provide an overview of all steps in the audit process
• Develop a thorough understanding of business processes, policies, SOPs and practices in scope for assigned audits and document the processes in flowcharts and/or process narratives. Identify and document inherent risks and controls within the business processes
Fieldwork
• Develop a risk based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology
• Perform audit tests and prepare working papers in accordance with professional IIA standards and TGB IA methodology
• Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives. Identify and document control and process weaknesses and provide evidential support for findings
• Propose practical and value added recommendations to address control weaknesses and/or process inefficiencies
• Participate in closing meetings with auditee at the end of fieldwork, providing clear explanations for identified issues
Reporting
• Assist in the preparation of a concise and informative audit report to effectively communicate the findings and recommendations to the branch/department and senior management.
Other Responsibilities
• Assist in the development of the annual Internal Audit plan
• Supports Internal Audit in the development and implementation of the evolving IA methodology
• Assist in conducting investigations of suspected internal fraud on need basis
• Assist in preparing the quarterly presentation deck for quarterly Audit Committee (AC) meeting by coordinating with auditors within and outside of India.
• Assist in ongoing follow-up with the business process owners on the implementation of the corrective action plans for the findings highlighted.
• Conduct testing to assist TGB’s management with the annual IFC reporting
• Good interpersonal skills with a proven ability to communicate effectively (both written and verbal) with all levels within the organization
• Unquestioned personal integrity with strong ethics and values consistent with TATA culture
• Ability to stand firm on difficult issues when required
• Strong analytical capability
• Capable of working independently and with minimum supervision
• Well-developed organizational skills with the ability to prioritize multiple assignments
• Displays awareness of the need for confidentially in sensitive matters
• Demonstrated job commitment and personal flexibility to meet changing expectations
• Commitment to self-development and expansion of knowledge
• Experience in the Tea industry
• Understanding about domestic markets and preferences
• Working knowledge in MS office + SAP
• Having prior experience in Internal audit + risk & control oriented approach is an added advantage.
• Job requires 60% of travel.
CA
1-3 Years
Above Rs.600,000/-
CAclubindia
