Asst. Manager - Internal Audit

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.

Work Experience

4-10 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.