Location: Mumbai
Reports To: Head of Internal Audit / Chief Audit Executive
Job Overview:
We are seeking Internal Audit Specialist (Investigations) to oversee and lead the internal audit function for a leading manufacturing company. The successful candidate will be responsible for driving internal audit processes, conducting & driving forensic investigations, conducting ERM reviews, enhancing the control environment, ensuring compliance with corporate policies, and providing valuable insights to the senior management team.
Key Responsibilities:
- Conduct forensic audits/investigations, particularly in cases of suspected fraud, misconduct, or financial irregularities.
- Manage the internal audit process, ensuring that audits are carried out in compliance with internal policies, industry standards, and regulatory requirements.
- Plan, execute, and report on internal audits across various functions including finance, operations, procurement, and manufacturing processes.
- Evaluate and assess the adequacy and effectiveness of internal controls, risk management processes, and compliance with laws and regulations.
- Develop and implement a risk-based audit plan for the organization, including planning, scoping, and execution of audits in line with the annual audit plan.
- Identify and evaluate areas of potential risk and fraud and proactively recommend improvements to strengthen controls.
- Provide detailed audit reports and communicate findings to senior management, highlighting control weaknesses, financial discrepancies, and areas for improvement.
- Work closely with cross-functional teams to implement corrective actions and follow-up on audit recommendations.
- Stay updated on emerging trends in audit methodologies, forensic investigations, and industry best practices.
- Assist in identifying opportunities for operational efficiency improvements and cost-saving initiatives within the organization.
Key Requirements:
- Qualifications:
- Chartered Accountant (CA).
- Forensic audit/investigation experience (CFE) is highly preferred.
- Experience in manufacturing industry or a similar operational environment is desirable.
- Experience:
- 4-6 years of experience in internal audit, including experience in leading audit teams and managing complex audits.
- Proven experience in conducting forensic audits, fraud investigations, and dealing with complex financial transactions.
- Strong understanding of accounting principles, financial reporting, and risk management.
- Previous exposure to manufacturing processes, inventory controls, and supply chain audits is beneficial.
- Skills and Competencies:
- Strong analytical skills with attention to detail and ability to interpret complex data.
- Knowledge of internal audit standards (e.g., IIA standards), risk management frameworks, and compliance regulations (e.g., SOX).
- Excellent written and verbal communication skills, with the ability to present audit findings clearly and persuasively to senior management and other stakeholders.
- Strong leadership skills with experience in team management and development.
- Proficiency in using audit software, Microsoft Excel, and other office tools.
Desirable Attributes:
- Strong investigative mindset with the ability to identify fraud, misconduct, and financial anomalies.
- Ability to work independently and as part of a team, managing multiple priorities in a fast-paced environment.
- Strong interpersonal skills, with the ability to build effective relationships across all levels of the organization.
- High level of integrity and ethical standards.
Working Conditions:
- Full-time position with occasional travel to various manufacturing sites.
- The role may involve working under tight deadlines or addressing urgent issues related to audits and investigations.
Pay: ₹150,000.00 - ₹200,000.00 per month
Work Location: In person
