Role Purpose To support the Internal Audit function in conducting risk-based audits, Internal Financial

Controls (IFC) testing, process reviews, compliance audits, and ensuring timely closure of audit observations across business functions.

Key Responsibilities

- Internal Audit Execution
- Conduct process audits across business functions (Sourcing, Finance, Stores,

Production, HR, etc.).
- Perform risk assessment and identify control gaps.
- Execute audit programs and document working papers.
- Evaluate adequacy and effectiveness of internal controls.
- Draft audit observations with root cause analysis and risk rating.
- Discuss findings with process owners and obtain management responses.
- Internal Financial Controls (IFC) Testing
- Perform design and operating effectiveness testing of IFC controls.
- Assist in preparation and updating of Risk Control Matrix (RCM).
- Identify control deficiencies and suggest remediation measures.
- Support management in strengthening financial reporting controls.
- Track remediation of IFC gaps.
- Risk & Governance
- Assist in enterprise risk identification and documentation.
- Monitor key financial and operational risks.
- Evaluate compliance with policies, SOPs, and statutory requirements.
- Support governance framework improvements.
- Compliance & Regulatory Review
- Review compliance with Companies Act, GST, Income Tax, Labour Laws,



MSME

Act, etc.
- Ensure proper documentation and record retention as per statutory requirements.
- Identify non-compliance areas and recommend corrective actions.
- Audit Reporting & Follow-up
- Prepare draft audit reports with actionable recommendations.
- Maintain audit tracker and monitor closure of findings within agreed timelines.
- Conduct follow-up audits to ensure effective implementation.
- Maintain documentation repository for audit evidence.
- Data Analysis & Controls Monitoring
- Perform data analytics for exception identification.
- Review transactional data for anomalies, fraud indicators, or control breaches.
- Assist in automation of audit processes where feasible.

Key Deliverables / KPIs

- Completion of audits as per audit plan.
- Timely closure of audit findings.
- Effective IFC testing with minimal repeat observations.
- Improvement in control environment maturity.
- Proactive identification of financial and operational risks.

Qualifications & Experience

- CA Inter / CMA / MBA (Finance) / Semi-qualified professional.
- 1–4 years of experience in Internal Audit / Risk Advisory / IFC.
- Strong understanding of accounting principles and internal controls.
- Knowledge of ERP systems.
- Positive drafting and communication skills

📌 Industrial Trainee - Internal Audit (Delhi)
🏢 Kimbal
📍 Delhi