Audit Planning and Execution:
o Assist in developing the annual internal audit plan for client organizations.
o Execute internal audits as per the audit plan, including risk assessment, process evaluation, and compliance testing.
o Identify key control weaknesses and recommend actionable improvements.
•Process and Risk Management:
o Evaluate and document business processes, risks, and control frameworks.
o Analyze operational, financial, and compliance risks and provide practical recommendations to mitigate them.
o Assess the adequacy and effectiveness of internal controls and adherence to company policies, industry standards, and legal requirements.
Reporting and Communication:
o Prepare clear and concise internal audit reports for clients, summarizing findings, risks, and recommendations.
o Present findings and recommendations to client management in a professional and articulate manner.
o Collaborate with senior management to address audit issues and implement recommendations effectively.
• Team Leadership and Development:
o Supervise and mentor junior team members, ensuring proper execution of audit procedures.
o Conduct training sessions to enhance the team's technical and professional skills.
o Review work papers and reports prepared by junior auditors for accuracy and completeness.
• Client Management and Relationship Building:
o Maintain strong relationships with client stakeholders, acting as a point of contact for audit-related queries.
o Work collaboratively with clients to enhance their internal audit function and processes
Compliance and Best Practices:
o Stay updated on industry trends, regulatory changes, and audit methodologies.
o Ensure compliance with relevant auditing standards and guidelines, including ICAI standards.
