Internal Auditor

Job Description

The Internal Auditor will conduct audits and reviews of financial, operational, and compliance processes within the organization to assess risk, ensure accuracy, and maintain compliance with regulatory standards. This role involves evaluating internal controls, identifying areas for improvement, and providing recommendations to optimize operations and mitigate risks.

Key Responsibilities:

• Develop and implement audit plans for assigned areas of the organization based on risk assessments.
• Conduct financial, operational, and compliance audits to assess the effectiveness of internal controls and accuracy of records.
• Perform data analysis and sampling to verify the reliability and integrity of information.

• Evaluate the organization's risk management practices, policies, and procedures.
• Identify potential risk areas, including internal control deficiencies, and make recommendations for corrective actions.
• Work with management to identify effective measures to mitigate identified risks

• Review and ensure compliance with applicable laws, regulations, and internal policies.
• Provide recommendations for improving compliance and process efficiency

• Prepare clear and concise audit reports, documenting findings and recommending actionable improvements.
• Communicate audit findings to relevant stakeholders, including senior management, and provide follow-up on corrective actions.

• Work closely with various departments to support the implementation of effective internal controls.
• Provide advisory support to departments on best practices for internal controls, operational improvements, and risk mitigation.
• Stay updated on changes in industry standards and regulations to ensure compliance.

• Identify opportunities to improve the audit process and methodology.
• Participate in ongoing training to enhance auditing skills and knowledge of industry best practices

Qualifications:

• Education: Bachelor's or master's degree in accounting, Finance, Business Administration, or related field, CA, CS or CMA.
• Experience: 3+ years of experience in internal or external auditing, accounting, or related roles. Experience in Jewellery & bullion industry is preferred.

Skills:

• Strong analytical and critical thinking skills
• Excellent verbal and written communication
• Proficient in using audit software and tools, including data analysis and ERP systems
• Detail-oriented, organized, and able to manage multiple priorities
• Should have high Integrity and professional ethics
• Should be able to assess and manage risks
• Strong problem-solving and decision-making skills
• Should be good with project management and time management