Verified Job
Accounting - Finance
AGM Internal Audit
Accounting - Finance
#347497
Remote / WFH
Job Description
Job Req ID: 21104
Location: Mumbai, IN
Function: Commercial/ Finance
About:
Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G and 4G platform. With the large spectrum portfolio to support the growing demand for data and voice, the company is committed to deliver delightful customer experiences and contribute towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence. The Company is listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India.
Role
Team Member Internal Audit
Job Level/ Designation
M2/ AGM
Function / Department
Internal Audit
Location
Mumbai – Corporate office
Job Purpose
To perform internal audit reviews as per plan; bring out business insights through systematic review of business processes, systems and structures to provide assurance that Governance and Risk mitigation through embedded Controls is effective and chances of organisation being exposed to unwarranted risks is less.
Key Result Areas/Accountabilities
Audit execution
Take ownership for the execution of audit tracks assigned (out of the annual plan) as per the engagement plan
Assist the team leads in preparing detailed Engagement plan for each assigned audit area such that audit outcomes are maximised
Actively participate in all audit commencement discussions; to identify the key focus areas and prepare audit engagement plan (including risk and control matrices) and work program
Ensure that sufficient information is identified, analysed, evaluated and recorded to achieve the audit objectives as per engagement plan.
Document and test processes and controls as per the broad guidelines in the engagement plan
Maintain accurate records to support and satisfy audit trails and ensure sufficient evidence in audit working electronic files
Identify significant control weaknesses and audit findings resulting in cost savings, financial exposure, and revenue enhancements
Identify instances of absence of process/systems/structure or, design gaps in process/systems/structure highlighted through audit reviews
Identify instances of non-quantifiable significant risk exposures or governance failures identified through audit reviews
Ensure completion of audits as per budgeted timelines and contribute to achieve function’s target of value added to the business
Track management action plans for concluded audits till they are closed; escalate to the supervisor or Head of Internal Audit and to respective Function Heads, actions, which have or are likely to become overdue.
Reporting
Prepare audit reports to document the audit findings as per function’s standard template
Adhere to agreed timelines for finalisation and submission of draft audit report and address all review comments timely and completely
Ensure audit findings are articulated in a crisp, easy to understand manner clearly bringing out control gaps, cause (why they occurred) and their impact on the business
Business / function projects
As required, participate, identified projects and deliver on the project objectives (milestones) within agreed timelines.
Audit Plan
Suggest themes for inclusion in the half year /annual audit plan and support the supervisor to coordinate with business and obtain relevant information to enable him to complete and submit IA Plan, accurately
Learning and Development
Enhance skills and competence through self-study, online courses / training programs (as agreed with the supervisor) which will contribute towards superior work delivery and increased influencing ability
Core Competencies, Knowledge, Experience
Must have hands-on knowledge in conducting internal audit reviews across multiple business areas e.g., Finance, Marketing, Customer Services etc. and a good understanding of internal audit processes and methodologies. He / She must also possess:
Critical thinking ability
Communication (written and verbal) and Interpersonal skills
Achievement orientation
Curiosity and zeal to learn new things
Ability to deliver assigned activities timely
Ability to analyse and interpret volumes of data
Must have technical / professional qualifications
Chartered Accountant and/or MBA or M.Com with good internal audit experience
Additional qualification of DISA /CISA will be preferred
Years of Experience
CA/MBA: 5 to 6 years post qualification (telecom internal audit experience preferred)
M.Com: Internal audit experience of 8-10 years
Direct reports
Nil
Vodafone Idea Limited (formerly Idea Cellular Limited)
An Aditya Birla Group & Vodafone partnership
Location: Mumbai, IN
Function: Commercial/ Finance
About:
Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G and 4G platform. With the large spectrum portfolio to support the growing demand for data and voice, the company is committed to deliver delightful customer experiences and contribute towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence. The Company is listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India.
Role
Team Member Internal Audit
Job Level/ Designation
M2/ AGM
Function / Department
Internal Audit
Location
Mumbai – Corporate office
Job Purpose
To perform internal audit reviews as per plan; bring out business insights through systematic review of business processes, systems and structures to provide assurance that Governance and Risk mitigation through embedded Controls is effective and chances of organisation being exposed to unwarranted risks is less.
Key Result Areas/Accountabilities
Audit execution
Take ownership for the execution of audit tracks assigned (out of the annual plan) as per the engagement plan
Assist the team leads in preparing detailed Engagement plan for each assigned audit area such that audit outcomes are maximised
Actively participate in all audit commencement discussions; to identify the key focus areas and prepare audit engagement plan (including risk and control matrices) and work program
Ensure that sufficient information is identified, analysed, evaluated and recorded to achieve the audit objectives as per engagement plan.
Document and test processes and controls as per the broad guidelines in the engagement plan
Maintain accurate records to support and satisfy audit trails and ensure sufficient evidence in audit working electronic files
Identify significant control weaknesses and audit findings resulting in cost savings, financial exposure, and revenue enhancements
Identify instances of absence of process/systems/structure or, design gaps in process/systems/structure highlighted through audit reviews
Identify instances of non-quantifiable significant risk exposures or governance failures identified through audit reviews
Ensure completion of audits as per budgeted timelines and contribute to achieve function’s target of value added to the business
Track management action plans for concluded audits till they are closed; escalate to the supervisor or Head of Internal Audit and to respective Function Heads, actions, which have or are likely to become overdue.
Reporting
Prepare audit reports to document the audit findings as per function’s standard template
Adhere to agreed timelines for finalisation and submission of draft audit report and address all review comments timely and completely
Ensure audit findings are articulated in a crisp, easy to understand manner clearly bringing out control gaps, cause (why they occurred) and their impact on the business
Business / function projects
As required, participate, identified projects and deliver on the project objectives (milestones) within agreed timelines.
Audit Plan
Suggest themes for inclusion in the half year /annual audit plan and support the supervisor to coordinate with business and obtain relevant information to enable him to complete and submit IA Plan, accurately
Learning and Development
Enhance skills and competence through self-study, online courses / training programs (as agreed with the supervisor) which will contribute towards superior work delivery and increased influencing ability
Core Competencies, Knowledge, Experience
Must have hands-on knowledge in conducting internal audit reviews across multiple business areas e.g., Finance, Marketing, Customer Services etc. and a good understanding of internal audit processes and methodologies. He / She must also possess:
Critical thinking ability
Communication (written and verbal) and Interpersonal skills
Achievement orientation
Curiosity and zeal to learn new things
Ability to deliver assigned activities timely
Ability to analyse and interpret volumes of data
Must have technical / professional qualifications
Chartered Accountant and/or MBA or M.Com with good internal audit experience
Additional qualification of DISA /CISA will be preferred
Years of Experience
CA/MBA: 5 to 6 years post qualification (telecom internal audit experience preferred)
M.Com: Internal audit experience of 8-10 years
Direct reports
Nil
Vodafone Idea Limited (formerly Idea Cellular Limited)
An Aditya Birla Group & Vodafone partnership
