Dgm - Audit - Mumbai, India - Nayara Energy

Nayara Energy

Verified Company

Mumbai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Accountabilities & Responsibility

Develops the Terms of Reference for audit scope areas to ensures objectives of audit, coverage of scope including all relevant risks and expected controls have been effectively developed
Ensures effectiveness, adequacy and timeliness of the testing and performance of the audit scope
Ensures accuracy and completeness of the audit findings by developing audit test scripts and recording of evidence, proactive engagement with process owners
Prepares audit reports and ensures complete and accurate description of the audit gaps by adequate explanation of the root cause and detailed assessment of the impact
Ensures adequate engagement with process owners and audit leadership to finalize the audit report
Performance of special assignments relating to assurance of various control and risk management areas, forensic investigations, ensures physical verifications and site inspections are performed as planned
Ensures timely completion of ongoing audit assignments in accordance with the audit methodology
Ensures that detailed review of all relevant and significant risks and identifies gaps in the control design and its operations
Provides regular updates to IA leadership on the audit findings and completion status with immediate escalation of significant issues
Ensures discussion and review of the audit findings, evaluation of risk rating of the audit finding and agreement on recommended mitigation actions
Maintains status of audit actions for the assigned business areas, performs effectiveness review of the closure activity, provides regular status report and feedback

Key Challenges

To perform under given timelines and budgets, maintain the quality and depth in the audits, consistent with the track record of the IA department
To gain sound understanding of risk environment and latest developments in the assigned audit scope areas

Key Decisions

Made by Jobholder: Planning the audit assignments, finalize the findings in the draft report within timelines and ensuring quality and depth
Recommendations to superior: Audit priority, final release of report, final presentations for Audit Committees

Skills and Knowledge

Educational Qualifications & Certifications:CA, Engineer, MBA
Relevant (Functional/Level): 5 to 8 years in the field of Internal audit, Risk Management
Functional Skills:
Advanced understanding of Manufacturing and or Commodity sector
Knowledge of auditing techniques and methodologies
Sound knowledge of MS Office and SAP
Excellent Communication (oral & written)

Place of Posting:
Vadinar, Gujarat or Mumbai, Maharashtra