Key Responsibilities
Internal Audit (Process & Control)
Risk Assessment: Develop and implement risk-based internal audit plans to evaluate the effectiveness of operational and financial controls.
Control Testing: Review internal processes (procurement, payroll, inventory) to identify control weaknesses and prevent fraudulent activities.
Action Plans: Draft actionable audit reports and collaborate with department heads to implement corrective measures.
Statutory Audit (Compliance & Reporting)
Financial Review: Conduct statutory audits to ensure financial statements present a true and fair view in compliance with the relevant Act (e.g., Companies Act) and accounting standards.
Documentation: Prepare comprehensive audit working papers, verify balances (bank, debtors, creditors), and ensure audit readiness.
External Coordination: Serve as the primary point of contact for external auditors and assist in finalizing standalone/consolidated financials.
Tax Audit (Direct & Indirect Taxation)
Tax Computations:
Prepare and review tax computations, ensuring compliance with local Income Tax regulations (e.g., Form 3CD).
Reconciliation: Reconcile books of accounts with statutory tax returns (e.g., mapping turnover and Input Tax Credit with GST returns).
Assessments: Assist in handling scrutiny assessments, resolving tax queries, and ensuring timely filing of all tax returns.
4.Key Requirements & Qualifications
Education: Bachelors degree in Accounting/Finance. Skilled qualification such as CA, CPA, or CIA strongly preferred.
Experience: 3+ years of progressive experience in auditing (Internal, Statutory, and Tax).
Technical Skills: Robust knowledge of GAAP, Ind AS/IFRS, and local tax laws. Advanced proficiency in Excel and major ERPs (e.g., SAP, Oracle, Tally).
Soft Skills: Exceptional analytical skills, uncompromising integrity, and solid written/verbal communication.