Junior Internal Auditor at a top Accounting Firm
Posted: 1 day ago
Number of Openings: 5
Job Applicants: 40
Job Details
Job Description
1.Understanding of ICF (Internal control framework) modeled using COSO framework for each process like P2P, A2R, O2C, P&S, etc., and documentation of RCM, SOPs, and Test script for Controls Identify, assess, and monitor risks by developing a risk management plan and strategy.
2. Preparing flowcharts for business processes. Understanding of control framework modeled using COSO. -Supervising a team of IFC & internal audit personnel and managing review & performance of audit procedures.
3.Monitor engagements progress, manage risk, and verify key stakeholders are kept informed about progress and expected outcomes constantly.
4.Documentation of Risk Control Matrix (RCM), SOPs, and Test script. Planning for the test of controls & walkthroughs based on control frequency. Performing process-level control Testing to check the operating effectiveness of controls along with appropriate documentation & planning remediation for deficiencies found during testing.
5.Performing Process & control Walkthrough to check design effectiveness in the process implemented for different regions. Follow-ups & continuous monitoring to remediate the issues.
6.Identify opportunities to improve business processes and assist clients in addressing compliance, financial, operational, and strategic risk.
7.Research, compile, and introduce leading practices in the industry(s) in terms of management style, processes, practices, tools, and technology.
8.Maintain internal quality guidelines for the engagement within the budgeted time
Desired Candidate Requirement
1. Internal audit concepts & methodology
2. COSO Framework
3. Concept of "Risk & Control"
4. Processes, Sub-processes, and Activities as well as their relationship
5. Internal control concepts (e.g. Preventive Controls; Detective Controls; Anti-fraud Controls; etc.);
6. Working knowledge in SAP Environment
7. Relevant Accounting Standards issued by the ICAI;
8. Other applicable common laws (e.g. Income Tax Act 1967, Companies Act 1956, Prevention of Food Adulteration Act, etc.)
9. IT Tools such as advanced MS Excel and SAP etc.
Organization Description
It is amongst the top consulting firms in the country for Statutory Audit, Internal Audit, and Risk Advisory with a strength of 150+ professionals. The firm believes in the highest ethical practices and professional standards with an emphasis on keeping the clients interests at heart.
It was established in 1941. Its partners are members of the Institute of Chartered Accountants as well as the Institute of Management Consultants of India. has offices all over India, their locations being Kolkata (Calcutta), Chennai (Madras), Hyderabad, Mumbai (Bombay), New Delhi and Jaipur.
It is our firms objective to provide each client with guidance on the solution we believe is best for its unique circumstances. We are committed to ensuring that our advice will be provided objectively, maintaining the highest ethical & professional standards, and with paramount emphasis on the clients interest. Our people are our key strength. We have professionals who are known for their highly collaborative team-oriented approach
and who enjoy successful and long-standing relationships with all our clients.