Audit India Junior Analyst, Process

The Junior Analyst in the Audit India department plays a key role in supporting the auditing process by performing data analysis, reviewing internal processes, and ensuring compliance with relevant standards. This entry-level position provides an opportunity to learn about the audit process and contribute to the execution of audits. The Junior Analyst will assist in gathering, analyzing, and presenting data related to business processes, identifying inefficiencies or risks, and supporting senior auditors in executing audit plans.

• Process Review and Analysis : Assist in reviewing and analyzing internal business processes and operations to identify inefficiencies, gaps, or compliance risks. Evaluate existing processes to ensure they align with company policies, industry standards, and regulatory requirements.
• Data Collection and Validation : Gather and organize data from various business units to support audit activities. Ensure that all data is accurate, complete, and timely. Validate the data by cross-checking with sources to ensure consistency.
• Internal Controls Testing : Participate in testing internal controls to assess their effectiveness in mitigating risks. Review processes for compliance with established procedures, policies, and regulations.
• Reporting and Documentation : Prepare detailed audit documentation, reports, and findings to present to senior auditors or management. Document issues, observations, and risks in a clear and organized manner. Provide suggestions for improvements where necessary.
• Audit Planning and Preparation : Assist senior auditors in planning audits, including the development of audit plans, scheduling, and identifying relevant audit areas. Contribute to the preparation of audit questionnaires, checklists, and other materials.
• Risk Identification : Help identify potential risks related to operational processes, financial activities, and regulatory compliance. Analyze business activities to determine areas of concern and propose solutions for mitigating risks.
• Audit Execution : Support the execution of audit tests and procedures under the guidance of senior auditors. Collect evidence to support audit findings and assist in assessing the overall effectiveness of the audit.
• Process Improvement Recommendations : Based on audit findings, provide recommendations for improving business processes, controls, and compliance practices. Collaborate with business units to ensure the implementation of recommended improvements.
• Compliance and Regulation Adherence : Ensure that audits comply with applicable laws, regulations, and industry standards. Maintain an up-to-date knowledge of changes in audit practices, regulatory requirements, and industry developments.
• Team Collaboration : Work closely with senior auditors, department heads, and other stakeholders to facilitate audits and ensure the collection of relevant information. Share findings and collaborate on resolving any issues or discrepancies identified during the audit process.
• Continuous Learning : Participate in training and development sessions to enhance knowledge of auditing standards, business processes, and industry-specific regulations. Stay updated on best practices and audit tools.
• Special Projects : Assist in special audit projects or assignments as requested by senior management or auditors. Help in investigating specific issues or areas of concern raised by the organization.
• Confidentiality : Handle sensitive financial and operational data with a high degree of confidentiality. Adhere to company policies regarding data security and confidentiality during the audit process.

• Educational Background : A bachelors degree in Accounting, Finance, Business Administration, Economics, or a related field. A professional certification such as CA (Chartered Accountant), CISA (Certified Information Systems Auditor), or CIA (Certified Internal Auditor) is a plus.
• Analytical Skills : Strong analytical skills to assess processes, review data, and identify discrepancies or inefficiencies. Ability to think critically and evaluate complex data.
• Attention to Detail : High level of attention to detail when reviewing documents, data, and reports to ensure accuracy and completeness.
• Communication Skills : Excellent verbal and written communication skills. Ability to prepare reports, document audit findings, and communicate effectively with stakeholders at various levels.
• Problem-Solving : Ability to identify problems and propose actionable solutions based on data analysis and audit findings. Strong critical thinking skills to understand underlying issues.
• Technical Proficiency : Proficiency in Microsoft Office Suite, especially Excel, Word, and PowerPoint. Familiarity with auditing software and ERP systems is a plus.
• Teamwork : Ability to work effectively in a team environment, collaborating with auditors, process owners, and business unit leaders to accomplish audit objectives.
• Time Management : Strong organizational and time-management skills. Ability to manage multiple tasks and meet deadlines while maintaining quality.
• Ethical Judgement : Understanding of the ethical standards in auditing, including confidentiality, integrity, and objectivity. Ability to make unbiased decisions based on facts.
• Learning Agility : Willingness and ability to learn new audit techniques, business processes, and industry regulations. Stay updated on best practices in audit methodologies.
• Customer Focus : Ability to interact with internal departments and stakeholders in a professional manner. Ensure that audit activities align with business objectives and add value to the organization.

• Audit Knowledge : Familiarity with auditing standards, financial regulations, and internal controls. Knowledge of audit methodologies and processes will be beneficial.
• ERP System Familiarity : Experience with Enterprise Resource Planning (ERP) systems, such as SAP, Oracle, or similar tools, to assist in gathering and analyzing audit data.
• Data Analytics : Knowledge of basic data analytics and visualization tools (e.g., Power BI, Tableau) to help analyze large datasets and identify trends.
• Industry-Specific Knowledge : Understanding of industry-specific regulations, financial practices, and compliance requirements will be an advantage.