Auditor - Maharashtra, India - BASF India Limited

BASF India Limited

Verified Company

Maharashtra, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

About the Function
Corporate Audit supports the BASF Board of Executive Directors in its responsibility to perform supervisory, steering and control activities. It is an integral part of BASF's internal control and risk management system. It has teams spread over 3 continents of the globe. This position will be a part of the Asia-Pacific hub of the global Corporate Audit function.

Role Summary

Perform audits in accordance with COA (Corporate Audit) rules and guidelines.
Diligently assess the effectiveness and efficiency of internal controls in daily processes as well as compliance with national laws and corporate guidelines during audits.
Actively communicate / collaborate with both regional and global layer audits.

Main Tasks

Audit Preparation:

Develop the audit plan and define its scope, objective and duration.
Inform relevant persons and then secure appropriate authorization if necessary.
To undertake prefield work with required background research and analysis including download & analysis of the correct data (where applicable requesting support with SDA, Structured Data Analysis), scheduling interviews with the relevant persons and seeking the relevant guidelines, policies / procedures required for the audit scope / objectives.

Fieldwork Review:

Assess if internal controls in daily processes and systems are effective and efficient so that they achieve their goals
Assess those daily processes comply with relevant BASF group guidelines and national regulations
Provide constructive and innovative recommendation
Conduct ad hoc projects and reviews
Properly document audit findings and maintain quality work papers for reference
Keep relevant persons informed of the audit status
Prepare a report of audit findings and review all audit points with relevant persons prior to final wrapup
Share and advise Lead auditor and/or Head of Corporate Audit Asia Pacific hub on issues observed during fieldwork for discussion and onthejob training
Reporting
Conduct wraps up meetings and inform management of audit findings
Express clear opinions on the state of internal controls to relevant levels of management
Prepare reports for review and coordinate report distribution with Head of Corporate Audit (Asia) and submit to COA for finalization.
Ensure followup and concluding the audit program: To ensure proactive followup on recommendations before the due date and closing out the audit in Autoaudit.

Minimum Educational Qualification and Experience

QUALIFICATION

Mandatory criteria:
Professional certification - CIA (at least part 2) and Chartered Accountant (MIA, ACCA, CPA, CA, CICPA)

Preferable criteria:
Professional Certifications like CRMA (Certification in Risk Management), CFE (Certified Fraud Examiner) etc

WORK EXPERIENCE
5-7 years Internal Audit experience

Experience in working on international assignment and working in diverse culture of team members.

Exposure to industries that are manufacturing based is preferred

TECHNICAL KNOWLEDGE
ERP experience (SAP preferred)

Knowledge of audit tools and systems. Ideally, capable of using data analytics to gain insight into transactions

TRAVEL
Audit fieldwork requires travel up to - 4 weeks at sites / locations.

Travel requirement would be ~60%, approx. 6 to 7 audits per annum with fieldwork for each audit ~3 to 4 weeks

OTHERS
Fluent in spoken and written English is a must.

Excellent communication skills possess the right confidence and competence to communicate effectively with senior management.

Abreast of leading practices in internal audit.

Strong analytical skills and willingness to learn new concepts and methods.

Reliable when working independently with sound judgement for when to escalate issues.