IIFL SAMASTA State Audit Manager Interview Questions and Answers

My work process involves planning, executing, and reporting on internal audits to ensure compliance and efficiency.

• I start by reviewing relevant documentation and understanding the audit scope.

• I then conduct interviews with key stakeholders to gather information and identify potential risks.

• Next, I perform testing procedures to assess the effectiveness of internal controls.

• I analyze the findings and prepare detailed re...read more

Seeking new challenges and opportunities for growth.

• Looking for new challenges to further develop my skills and knowledge.

• Seeking opportunities for career advancement and growth.

• Interested in exploring different industries or sectors.

• Want to work in a more dynamic and innovative environment.

• Seeking better work-life balance or location proximity.

My salary expectations are in line with industry standards and commensurate with my experience and qualifications.

• Research industry standards for Internal Audit Executive salaries

• Consider my level of experience and qualifications

• Be prepared to negotiate based on the overall compensation package offered

I am a highly motivated and detail-oriented individual with a passion for internal auditing.

• I have a Bachelor's degree in Accounting and over 5 years of experience in internal auditing.

• I am skilled in risk assessment, control evaluation, and audit planning.

• I have experience in conducting audits for various industries such as healthcare, finance, and manufacturing.

• I am proficient in using audit software such as ACL and ...read more

I have 5 years of experience in internal auditing for a multinational corporation.

• Worked on financial and operational audits

• Conducted risk assessments and developed audit plans

• Performed testing of controls and documented findings

• Presented audit reports to senior management

• Collaborated with cross-functional teams to implement recommendations

• Trained and mentored junior auditors

I gather data, analyze it, and present it in a clear and concise manner.

• Gather all relevant data and information

• Analyze the data to identify key findings and trends

• Organize the information in a logical and easy-to-understand format

• Include visual aids such as charts and graphs to enhance understanding

• Ensure the report is accurate, complete, and free of errors

• Tailor the report to the intended audience

• Provide recommendati