Sr.Manager Internal Audit- Manufacturing Industry-Ludhiana

Job Description:

We are having an urgent opening for the position for Sr.Manager (Internal Audit) at a reputed manufacturing company at the Ludhiana location.


Key Responsibilities:

• Conducting Internal Auditing, Production Auditing, Departmental Auditing. to evaluate the effectiveness of financial controls, risk management systems, and operational processes.
• Providing management with accurate and timely reports on financial audit findings, including recommendations for improvement.

Strategic Planning:

• Develop and execute a comprehensive internal audit plan aligned with the organization's goals and objectives.
• Provide input into the development of risk management strategies and contribute to the overall corporate governance framework.

Leadership and Team Management:

• Lead, mentor, and develop a team of internal auditors.
• Foster a culture of continuous improvement and professional development within the internal audit department.
• Ensure effective communication and collaboration with other departments.

Audit Execution:

• Oversee the execution of internal audits in accordance with the annual audit plan.
• Conduct risk assessments and prioritize audit activities based on the identified risks.
• Review and evaluate the effectiveness of internal controls, risk management processes, and governance.

Reporting and Communication:

• Present audit findings and recommendations to senior management, the audit committee, and other relevant stakeholders.
• Prepare clear and concise audit reports, highlighting key issues and proposing practical solutions.
• Ensure timely communication of audit results to relevant stakeholders.

Continuous Improvement:

• Identify opportunities for process improvement and efficiency gains within the internal audit function and across the organization.
• Implement best practices and leverage technology to enhance audit processes.

Candidate's profile:

• Bachelor’s degree in finance, accounting, or a related field.
• Professional certification, such as CIA (Certified Internal Auditor) or CA (Chartered Accountant).
• 5+ years of experience in internal auditing or related financial roles.
• Strong understanding of Indian accounting standards, taxation, and regulatory requirements.
• Proficiency in using audit management software and data analysis tools.
• Experience in developing and executing audit plans and evaluating internal control systems.
• Proficiency in preparing and reviewing financial documents and audit reports.
• Strong communication and interpersonal skills are needed to effectively collaborate with stakeholders at all levels.
• Excellent analytical, problem-solving, and critical-thinking skills.
• Excellent verbal and written communication skills.
• Strong ethical standards and a commitment to maintaining confidentiality.
• Ability to adapt to changing regulatory environments and industry practices.