Associate Manager - Internal Audit - CA

We're hiring for the profile of Associate Manager- Internal Audit for Hyderabad location

Education/Qualifications: CA with 3+ years of exp

JOB PURPOSE:

The role is responsible for auditing the operations and financial areas within the organization to ensure accuracy and compliance with policies, procedures, laws & statues and applicable local laws and regulation, good business practices, government guidelines and laws. The role will identify and report on findings, as well as make recommendations to improve policies or procedures accordingly including governance, risk management processes and smooth execution of Monthly / Quarterly/ yearly audit plan.

Key Responsibilities / Key Accountabilities:

1. Preparation of Audit Universe & Annual Audit Plan

• Develop and submit the draft Audit Universe and annual audit plan.

2. Execution of Audits & Special Assignments

• Conduct internal audits and special reviews.
• Prepare and submit draft audit reports within agreed timelines.

3. Review of Pre-Audits

• Review pre-audit cases and monitor the pre-audit tracker to ensure adherence to turnaround time (TAT).

4. Internal Financial Controls (IFC)

• Coordinate with and provide support to outsourced auditors for conducting IFC control checks.

5. Data Analytics & Reporting

• Utilize SAP and IDEA tools to analyze large datasets and provide audit assurance.

6. Co-sourced Auditor Management

• Ensure timely invoice processing and service entry in SAP.
• Conduct quarterly performance evaluations of co-sourced auditors.

7. Use of Technology / AI Tools

• Leverage digital tools such as Copilot, Power BI, and other AI-enabled platforms to enhance audit effectiveness.

8. Audit Reporting & Compliance Monitoring

• Ensure timely updates in the LARS system.
• Monitor and facilitate closure of open audit observations.