Internal Audit Manager - Manufacturing Firm - CA

Role Overview:

You are responsible for leading audit engagements and ensuring that the organization complies with internal policies, procedures, regulatory requirements, risk-based audits and evaluates internal controls across plant operations, supply chains, and financial systems in manufacturing set up.

This role involves coordinating with various departments, evaluating internal controls, identifying areas for improvement, and making recommendations to enhance operational efficiency and effectiveness.

Key Responsibilities:

Planning and Preparation:

• Build annual audit plans, define scopes, objectives, and set timelines for operational and financial reviews.
• Conduct preliminary risk assessments and gather relevant background information.
• Coordinate with management and other stakeholders to schedule audit activities.

Manufacturing Process Review:

• Audit core areas like procurement, plant operations, inventory management, production, and supply chain logistics.
• Identify operational bottlenecks, assess financial risks, and lead investigations into irregularities.
• Test internal controls using frameworks like COSO and verify adherence to company policies and local laws.
• Identify and document audit findings, including areas of non-compliance and potential risks.

Follow-up and Monitoring:

• Prepare comprehensive audit reports with findings, conclusions and present insights to senior leadership, and track corrective action.
• Track the implementation of audit recommendations and corrective actions.
• Conduct follow-up audits to ensure compliance with recommendations.
• Monitor ongoing risks and control environment changes.

Continuous Improvement:

• Stay current with industry trends, best practices, and regulatory changes.
• Recommend improvements to the audit methodology and processes.
• Participate in professional development opportunities and training.

Qualification And Experience:

• CA with Minimum 8+ years of experience in Internal Audit within the manufacturing industry.
• Hands on experience in auditing through Computerized Systems, knowledge of ERP. Proficient in word/ excel.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in audit software and Microsoft Office Suite.
• Detail-oriented with a high degree of accuracy.
• Ability to work independently and as part of a team.

Contact:

RAJAN, 8287350710