Purpose of the role: To assist respective Group Head in Providing to the Audit Committee (AC) of Board of Directors (BOD), the CEO& Managing Director (CEO& MD), Executive Director & CFO(ED &CFO) and the Senior Management, an independent and objective assurance on the adequacy and effectiveness of the organization’s risk management, control and governance processes, as well as render consulting services designed to add value, improve business processes and operations.
· Conducting audit of assigned activities asper the approved Annual Audit Plan, including any special projects assigned by the respective Group Head.
· Attending entry (pre-audit) conference, along with Group Head, with the process owner to start audit. Checking the implementation of past audit assurances given by the process owner in the area of assignment. Evaluating the efficacy of internal controls and its compliance, on a test basis. Discussing audit issues with the process owner (auditee) and preparation of draft report for the process owner
· Conducting audit of assigned activities asper the approved Annual Audit Plan, including any special projects assigned by the respective Group Head.
· To assist respective Group Head in preparing the final report for the process owner after incorporating the comments, if any, given by the process owner based on exit (post-audit) conference. Follow-up with the process owner for receiving reply against each audit issue. Review the replies received from the auditees for its completeness.
· Assist respective Group Head in reporting to the Sr. Management and AC about important findings and special studies.
· Recommending changes, in consultation with respective Group Head, to the risk profile and other parameters relating to the auditable activities in the audit zone Preparing / updating the Risk & Control Manual, wherever necessary, for auditable activities defined in the audit zone.
· Identify opportunities for improving the business processes, management controls etc., while conducting an audit. Identify new auditable areas, if any, during the course of audits
· Planning & adaptation of Quality Management System (QMS) to changing conditions and maintenance of quality records. Assist Group Head in initiating necessary corrective and preventive action for maintaining the QMS of the division.
Minimum 1 year experience in Internal Audit is required.
Candidates having exposure to CAPEX audits covering procurement, budget validation, and asset capitalization in SAP (knowledge of PS, MM & FICO Module) is desirable
Workding knowledge in Data Analytics, transactions audit, audit in financial reporting & commercial audit etc would be an added advantage.
Source: Tata Steel careers — Read the original posting and apply
This role is listed by the employer on its own careers site. Kaam Ki Khoj does not process applications for it.
Tata Steel is an employer in the Iron/Steel sector with operations in India. This is a directory listing maintained by Kaam Ki Khoj so that candidates can find the organisation; it is not an official company page and Kaam Ki Khoj is not affiliated wi... Read More
Upload your CV once — we read it, build your profile and put you in front of every employer hiring on Kaam Ki Khoj. No forms, no fees.
