Role Overview
The Internal Audit Associate will be responsible for execution-level delivery of internal audit, risk advisory, and process review assignments across corporate, group entities, and not-for-profit organisations. The role demands strong analytical ability, documentation discipline, and the confidence to question weak controls—this is not a tick-box role.
You will work closely with seniors and partners on audits that actually matter: operational risks, revenue leakages, governance failures, compliance gaps, and control breakdowns.
Key Responsibilities
Internal Audit & Risk Reviews
- Execute internal audit assignments as per approved audit plans
- Perform walkthroughs, control testing, substantive procedures, and transaction testing
- Identify control gaps, process inefficiencies, revenue leakages, and compliance risks
- Evaluate adequacy and effectiveness of internal controls across functions such as:
- Finance & Accounts
- Procurement & Vendor Management
- Payroll & HR
- Inventory & Fixed Assets
- Revenue, Billing & Receivables
- IT General Controls (basic level)
Documentation & Reporting
- Prepare clear, structured working papers aligned with internal audit standards
- Draft audit observations with:
- Issue identification
- Risk implication
- Root cause
- Practical recommendations
- Assist in preparation of internal audit reports and management presentations
- Track closure of audit findings and follow-up action points
Compliance & Governance
- Review compliance with applicable laws and internal policies (Companies Act, Income-tax, GST, internal SOPs, trust regulations where applicable)
- Assist in governance reviews for boards, audit committees, and management
- Support special reviews, investigations, and ad-hoc assignments when required
Client & Stakeholder Interaction
- Interact professionally with client personnel across levels
- Seek data, explanations, and clarifications independently
- Escalate issues promptly to seniors without fear or dilution
Required Skills & Competencies
Technical
- Strong understanding of:
- Accounting principles
- Internal controls & risk frameworks
- Audit methodologies
- Ability to read and analyse large data sets and financial records
- Working knowledge of MS Excel (filters, pivots, lookups); Power BI exposure is a plus
Professional
- High attention to detail—sloppy work will not pass
- Strong written communication; ability to articulate risks clearly
- Professional scepticism and willingness to challenge weak explanations
- Ability to work under deadlines and manage multiple assignments
Personal Attributes
- Integrity and confidentiality are non-negotiable
- Willingness to learn fast and take ownership
- Comfortable with fieldwork, audits, and uncomfortable conversations
Qualification Requirements
- ACCA (Qualified / Affiliate / Part-Qualified) or
- SQA qualification in Accounting / Finance (HNC, HND, Advanced Diploma)
- Prior exposure to audit, internal audit, or risk advisory preferred
Experience: 1–4 years (post-qualification or relevant articleship / industry exposure)
Job Type: Full-time
Work Location: In person
