Executive – Corporate Audit

Planning
 Engaging with the Auditee for finalization of dates of Audit engagement and
Assisting the Manager in the collecting information and documents relevant to be
used for preparation of Audit Planning Memorandum (APM)
 Identifying transactional discrepancies/inconsistencies in data extracted form
ERP/MIS through Auditing Tools, Exception Reports or Manual Analysis
 Participate in opening meetings with Auditee to explain the scope and
objectives of the audit engagement to Auditee and provide an overview of all
steps in the audit process
 Develop a thorough understanding of business processes in scope for assigned
audits and document the processes in flowcharts and/or process narratives.
Identify and document inherent risks and controls within the business processes

Field Work
 Develop a risk based test plan by selecting appropriate audit approach, test
procedures and sampling criteria based on professional judgment and
departmentally defined internal audit methodology
 Evaluate the adequacy of process design and the effectiveness of controls in
meeting business and control objectives. Identify and document control and
process weaknesses and provide evidential support for findings
 Propose practical and value added recommendations to address control
weaknesses and/or process inefficiencies
 Organize and reference work papers for review by Manager, Internal Audit
 Participate in closing meetings with Auditee at the end of fieldwork, providing
clear explanations for identified issues

Reporting

 Assist in the preparation of a concise and informative audit report to
effectively communicate the findings and recommendations to the auditee and
senior management.
 Assist in preparation of Presentation on Major Observation to Auditee
Hierarchy/Audit Committee
Other Responsibilities
 Supports the Manager, Internal Audit in the development and implementation
of the evolving IA methodology
 Provide consultative support to unit with regard to the adequate design and
execution of risk management processes
Essential:
 B. Com/BAF
 Minimum 50% marks throughout the education with first attempt Desired