Executive, Group Internal Audit

Location- Raigarh, Tamnar (Chhattisgarh)

Type of Employment- Full Time, Permanent

Reporting to- Location Head, Group Internal Audit, Angul

Career Grade Level- CG 4 (Deputy Manager/ Manager)

Roles & Responsibilities

· Execute various tasks to drive the internal audit functions for assigned plants including pre-transaction audit, post-transaction audit and vigilance audit.

· Independently undertaking the field work of audit in various plants.

· Independently involved for design, implementation and monitoring the status of Risk Control Matrix (RCM) of processes covering Finance ,production, PPC, Quality management, Plant Maintenance, Stores area, Purchase & Payable areas.

· Analyze operational and management processes and system controls’ effectiveness and efficiency in view to improve them and propose value-added recommendations.

· Implement risk assessment strategies through analysis of various risks and suggest course of action to mitigate identified risks

· Identify control and process weaknesses, documentation of main control points and provide evidential support for report recommendations.

· Ensuring that statutory compliance and its adherence.

· Discuss the audit findings with auditees and obtain their responses along with timelines.

· Prepare various audit reports with findings and issues identified during the internal audit for further discussions with HoDs.

· Ensure final audit reports are issued with all recommendations agreed and accepted by the audited individual/group, considering materiality, internal controls and documentary evidence along with results.

· Monitor all pending issues, track aging, reminders to auditees for timely closure of issues and escalate overdue matters.

· Suggesting automated controls / processes, wherever possible and following up for its implementation

· Perform special & vigilance audits per management requests & identify red flags by analyzing departmental data, quality data, invoices etc.

· Prepare presentation of summary of audit reports for the Audit Committee to identify areas requiring attention and ensure implementation of any actions agreed along with recommendations.

Position Requirements

Educational Qualification

Under Graduate- Graduation or Bachelor’s course

Post Graduate- Chartered Accountant / Cost Accountant (Mandatory)

Work Experience

5-10 years of professional experience in Internal Audit function

Auditing experience in Steel & related sectors.

IT Skills

· SAP (FICO, MM & SD) and presently using SAP.

· Windows, MS – Word, Excel & PowerPoint.

Functional Competencies

· Understanding of national operational practices in Internal audit, financial & transaction audit, process knowledge of steel & related industries

· Ability to analyse data & business metrics

· Demonstrated success working both independently & in highly collaborative environments

· Outstanding communication & presentation skills

· Exceptional analytical, strategic and critical thinking skills

· Problem-solving skills and initiative

Job Type: Full-time

Salary: ₹500,000.00 - ₹1,500,000.00 per year

Schedule:

Day shift
Ability to commute/relocate:

Angul: Reliably commute or planning to relocate before starting work (Required)
Experience:

total work: 1 year (Preferred)