As part of the newly established Internal Audit section within the Finance Team, the Internal Auditor will be responsible for evaluating and strengthening the organization’s internal controls, risk management processes, and compliance frameworks. This role will involve setting up audit mechanisms, conducting independent reviews, and ensuring financial and operational efficiency while safeguarding company assets.
- Establish the Internal Audit Section:
- Lead in setting up the Internal Audit function within the Finance Team, including defining policies, procedures, and audit frameworks.
- Develop a structured audit plan aligned with organizational objectives.
- Audit Planning & Execution:
- Conduct risk-based audits of financial, operational, and compliance processes.
- Evaluate existing internal controls and recommend improvements to strengthen governance.
- Risk Management & Internal Controls:
- Identify potential risks across financial and operational areas and propose mitigation strategies.
- Ensure proper segregation of duties and authorization hierarchies within finance.
- Regulatory & Policy Compliance:
- Monitor adherence to internal policies, external regulations, and statutory requirements.
- Work closely with Finance and Compliance teams to ensure a robust control environment.
- Fraud Detection & Investigation:
- Identify anomalies, financial discrepancies, and potential fraud cases.
- Conduct investigations and recommend corrective measures.
- Reporting & Documentation:
- Prepare audit reports detailing findings, risks, and recommendations.
- Present reports to senior management and the Audit Committee.
- Implementation & Follow-Up:
- Ensure the execution of audit recommendations and track corrective actions.
- Support the Finance team in embedding strong financial controls.
- Training & Awareness:
- Educate finance and operational teams on internal audit best practices and risk mitigation.
- Promote a culture of compliance and process discipline within the organization.
- Educational Background:
- Bachelor’s/Master's degree in Accounting, Finance, Business Administration, or a related field.
- Professional certification such as Certified Internal Auditor (CIA), Chartered Accountant (CA) - Mandatory.
- Experience:
- 3-5 years of experience in internal audit, risk management, or financial compliance.
- Experience in setting up or enhancing internal audit frameworks within a finance team is a plus.
- Technical & Soft Skills:
- Strong understanding of audit methodologies, internal controls, and risk assessment.
- Proficiency in financial analysis, ERP systems, and audit tools.
- Excellent problem-solving, analytical, and communication skills.
- Ability to work independently while collaborating with multiple departments.
Maintains confidentiality, acts with honesty, and upholds professional ethics.
Analyzes situations objectively, identifies root causes, and provides logical solutions.
Ensures accuracy in reports, compliance checks, and audit findings.
Quickly identifies issues and recommends practical, risk-based solutions.
Communication & Influence
Clearly communicates audit findings and collaborates with teams to drive improvements.
Adaptability & Resilience
Adjusts to evolving business needs and regulatory changes while staying proactive.
Works effectively with cross-functional teams to implement internal controls and audit measures.
Prioritizes tasks efficiently, meets deadlines, and handles multiple projects simultaneously.
