Audit Officer

Job Objectives

• To conduct internal audits, evaluate financial and operational controls, ensure compliance with company policies and statutory requirements, identify risks, and recommend improvements to strengthen organizational governance and efficiency.

Responsibilities and Duties

• Plan and conduct internal audits of financial, operational, and administrative functions.
• Review accounting records, transactions, and financial statements for accuracy and compliance. 
• Evaluate internal controls and identify areas for improvement.
• Verify compliance with company policies, procedures, and regulatory requirements.
• Assess operational processes and recommend measures to improve efficiency and effectiveness.
• Identify financial and operational risks and recommend corrective actions.
• Conduct inventory, asset, and cash audits as required.
• Prepare audit reports detailing findings, observations, and recommendations.
• Follow up on audit findings and monitor implementation of corrective actions.
• Assist management in strengthening risk management and governance practices.
• Support external audits and regulatory inspections when required.
• Maintain confidentiality of audit information and organizational records.

Essential Work Activities

• Conduct internal audits and compliance reviews.
• Evaluate internal controls and risk management processes.
• Review financial records, transactions, and operational procedures.
• Prepare audit reports and recommendations.
• Monitor implementation of corrective actions.
• Verify compliance with statutory and organizational requirements.
• Support external audits and regulatory reviews.

Qualifications

• Bachelor's degree in commerce, Accounting, Finance, or related field.
• CA Inter / CMA Inter / M.Com / MBA Finance will be an advantage.

Years of Experience

• 5 to 7 Years of experience in Internal Audit, Finance, Accounting, Compliance, or Risk Management.

Person Requirements

• Strong knowledge of accounting principles and auditing standards.
• Understanding of internal control systems and risk assessment methodologies.
• Knowledge of statutory compliance, taxation, and financial regulations.
• \Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Ability to prepare clear and concise audit reports.
• Good communication and interpersonal skills.
• Proficiency in MS Excel, ERP systems, and accounting software.
• Ability to work independently and maintain confidentiality.
• High level of integrity, objectivity, and professional ethics.

Communication and Interaction

• Senior Management 
• Finance Manager
• Department Heads
• Finance and Accounts Team
• Internal Staff 
• Auditors
• Consultants
• Regulatory Authorities
• Vendors and External Stakeholders