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11 May 2024

bQzf

Audit Executive, 3 to 5 years in Kolkata

Company Logo AKA Supply Chain

Kolkata

4-5 Years

Internal Audit, Financial Auditing, Tax Audit, General Accounting, Bank Reconciliation, Planning and Analysis, risk management, Stakeholder Management, Audit Executive

Job Description

Position: Audit Executive
Qualification: B.com,M.com,MBA
Experience: 3 to 5 years
Location: Kolkata


Job description
  • Audit Planning: Develop audit plans based on risk assessments and understanding of the organization\'s operations, financial systems, and industry standards. Determine audit objectives, scope, and methodologies.
  • Financial Statement Audit: Conduct audits of financial statements, including balance sheets, income statements, and cash flow statements, to verify their accuracy and completeness. Examine supporting documentation and transactions to ensure compliance with accounting principles (e.g., GAAP or IFRS) and regulatory requirements.
  • Internal Control Evaluation: Assess the effectiveness of internal controls over financial reporting to mitigate risks of errors, fraud, or misstatements. Identify weaknesses or deficiencies in internal control processes and provide recommendations for improvement.
  • Compliance Audit: Ensure compliance with applicable laws, regulations, and contractual agreements affecting financial operations and reporting. Identify any instances of non-compliance and communicate findings to management.
  • Risk Assessment: Identify and evaluate financial risks faced by the organization, including market risks, credit risks, and operational risks. Assess the adequacy of risk management practices and recommend mitigation strategies.
  • Documentation and Reporting: Document audit findings, conclusions, and recommendations in clear and concise audit reports. Communicate audit results to management, including any significant issues or deficiencies requiring attention.
  • Follow-up and Monitoring: Track the implementation of audit recommendations and corrective actions taken by management to address identified deficiencies. Follow up on previous audit findings to ensure resolution.
  • Stakeholder Communication: Foster effective communication and collaboration with various stakeholders, including management, finance department personnel, external auditors, and regulatory authorities.

11 May 2024

bQzf

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