Internal Audit

COMPANY SNAPSHOT

Jindal Steel Limited is an industrial powerhouse with a dominant presence in the steel, mining, and infrastructure sectors. With an investment of USD 12 billion globally, the company continually enhances its capacity utilization and efficiency, driving towards a self-reliant India.

Jindal Steel produces economical and efficient steel and power through backward and forward integration. The companys product portfolio spans across the steel value chain from widest flat products to a whole range of long products and rails. JSP exports its diversified product portfolio to 22+ countries.

Website - Home | Jindal Steel

JINDAL STEEL CORE VALUES

• Extreme Ownership - Demonstrate complete ownership of the companys results, whether it is part of our job description or not
• Better Than Before - Never satisfied with the status quo, and always pushing for greater results
• Respect for People - People are our most valuable asset, and we treat them accordingly
• Sustainability - Act in the long-term interest of our company and the environment

JINDAL STEEL BEHAVIOURAL ATTRIBUTES

Humility

• Humility is having a learner mind-set and should be in a constant state of learning
• Should be willing to learn and acknowledge what is not known
• Should be able to self-assess and understand his/her strengths and weaknesses and lean on support or be courageous to provide support, as and when needed

Hunger

Should be driven and ambitious for growth and be greatly self-motivated to look for more

Should be seeking additional responsibilities and increasing their professional capabilities and should be ready to go beyond and above, because of not being asked to do but being motivated to, by the challenges

Speed in Execution

• Should be swift in effective decision-making
• Should be prompt to gather input smartly to assess and make the required decision with consensus
• Should be able to achieve goals without wasting too much time and resources

ABOUT THE ROLE

Role Designation: AM

Department: MAAS (Management Audit and Assurance Services)

Reports to: Plant Audit Head

Location: Angul and Raigarh

Job Profile & Responsibilities:

• Pre audit of Purchase order, ensure that PO is validated after checking of quotation,
• NFA, DOFP, material specification, payment terms and other clause, statutory
• compliance, PR, stock position, option to transfer the stock & looking to
• consumption pattern.
• Pre audit of work order, ensure that WO is validated after checking of quotation,
• NFA, DOFP, cost sheet, SR, statutory compliance etc.
• Pre audit of the invoices passed by the Accounts Payable Department through
• invoice portal. Ensure that invoices are validated after checking of related
• purchase/work order payment terms, penalty/deduction clause, vendor ledger etc.
• Completion of PO and WO within a timeline provided.
• Effectively maintain the daily activity status update of the purchase order and work
• order and invoices validated.
• Coordinate with Users, Stores & Purchase team for completion of purchase order,
• work order and invoice validation.
• Provide support while performing internal audit assignment in various areas.
• Actively involved in Purchase audit assignment.
• Provide timely input for departmental MIS which includes Tracking & consolidation
• of all activities carried out
•  Independently drafting the internal audit report, ensuing that the issues are
• adequately communicated and is supported with facts.
• Execute special assignments and report findings & recommendations to
• management.
• Discussion of Internal Audit Report with Concerned departments for Management
• replies and Action Plan.
• Assisting HOD during review of vigilance/Investigation Audit.
• Evaluation of management actions on previous audit reports and drafting of Action
• Taken Report.
• Provide inputs to strengthen standard operating procedures (SOP), company
• policies, SAP controls & delegation of powers.
• Working towards prevention and detection of frauds.
• Assisting to prepare audit findings to HOD.
• Execute any other assignment as and when given by management / HOD
• Other requirements:
• Qualified CA/ ICWA (2 to 5 year of experience and 2 to 3 years related
• experience will prefer).Extensive experience of Manufacturing, Steel / Process / Power Industry.
• Excellent Analytical, Communication and Presentation skills.
• High Integrity and Ethical standards.
• Track of past performance.
• Willing to travel as per the business requirements.