Manager/ Senior Manager - Internal Audit - Process Audit

Margdarshak Consultants Pvt Ltd
  • Mumbai
  • Confidential
  • 4-8 years
  • 28 Jul 2015

  • Audit and Assurance

  • Telecom/ Mobile Operator/ ISP/ Telecom Vendor
Job Description

To give Local Audit Committees and Senior Management risk based independent assurance of the effectiveness of the internal controls within the company.


Contribute to identification and assessment of business risks for India and formulate risk based audit plan
Ensure assurance on adequacy of the mitigation plans / controls established by the Management
Proactively play an advisory role in Regional Specific projects / initiatives
Effectively establish third line of defense for Internal Controls
Planning and mobilization of internal audit resources / team members and optimize the mix of experiences, new and horizontal audit team members
Formulation of Budget of Internal Audit Department, review / monitoring and periodic reporting to VP IA and Group
Design framework for Process wise Control Self-Assessment (CSA)

Plan and deliver India Audit Plan as per the IA Methodology which requires
o ensuring that internal audit activity to be independent, and internal auditors should be objective in performing their work
o that engagements are performed with proficiency and due professional care
o group standards are followed for all aspects of internal audit activity and ensures continuous monitoring of its effectiveness
o effective management of the internal audit activity to ensure it meets its objectives
o evaluation and contribution to improvement of risk management, control and governance systems
o development and recording plans for each engagement
o ensuring that sufficient information is identified, analyzed, evaluated, and recorded to achieve the audits objectives.
o prompt communication of audit results
Provide support to local management and address local management assurance objectives without compromising the overall objectives of XXX Internal Audit.
Ensure compliance with Group IA Standards in planning, executing, delivery and maintenance's of on-line / off-line records / database

Audit planning & identification of high risk areas for greater focus
contribute to the development of the Group Internal Audit plan for XXX India Limited by establishing risk-based plans to determine the priorities of the internal audit activity that are consistent with the organization's goals. This requires:
o local internal audits plan of engagements should form part the Group Internal Audit Plan
o evaluate and consider accepting proposed consulting engagements based on the engagements potential to improve management of risks, add value, and improve the organizations operations while at all times ensuring the objectivity of Internal Audit is not be compromised
o ensure that results of the Internal Audit Plan are reported to key stakeholders identifying legal, financial, contractual or process risks where appropriate
o monitor and ensure delivery of the Internal Audit Plans for India Limited, and contribute where required to achievement of the Group Internal Audit Plan

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