Senior Internal Auditor (Remote)

Job description / Role

Job Description

Job Purpose:
– Carry out Internal audits as per the Approved IA Plan
– Conduct special reviews and assignments as requested by the Audit Committee and Chief Audit Executive.
– Carry out substantive testing and verification of books of account with supporting documents & records to ensure that they fall in line with the policies laid down by the company.

Key Accountabilities:

Performance of Full Scope Audit, Special Review engagements & Independent Audits
– Carry out audits as per the Approved IA Plan covering all areas related to the auditee and completion of the assignment within stipulated time-frame.
– This includes Full scope Audits, School audits, Special Reviews & Investigations, Limited Scope Reviews, Health & Safety Reviews etc.

Review of Internal Controls
– Examine and report on existing controls, systems & procedures to ensure that the corporate resources and assets are properly utilised and protected and report on all inadequate or inefficient operations.
– To verify and report ineffective internal controls, including accounting procedures and suggest alternate procedures for better efficiency and control.
– To review the existing systems to ascertain whether the desired results are obtained, and whether they are consistent with established objectives and policies.
– Assess internal controls and processes to identify gaps/ improvement areas, and provide value-adding recommendations.

Identification of areas of cost control and cost effectiveness through
– Unfavourable variance compared to budget or prior period benchmarks.
– Unproductive expenses, improper methods used and consequent loss.
– To share the lessons learnt and best practices (including the DAX & Oasis related matters) to team members periodically to save time and cost.

Reporting and Communication
– Summarize and discuss key observations and audit issues with related personnel and report to the line Manager/HOD.
– Complete audit working papers and prepare audit files which will be used to support audit reports findings.
– To conduct the audit tests, validate the controls and perform all audit procedures in the Audit Portal.
– Ensure that the portal/share drive is updated with all adequate evidences to facilitate review of the work and also address the review comments, if any.

Audit Action Plan Tracker
– To update the Audit Action Plan Tracker with action plans from the audit reports which are issued.
– To maintain the entire Audit Action Plan Tracker and perform a periodical verification of the same
– To prepare the department-wise action plans that were pending/implemented/not due on a monthly basis.
– To prepare the pending high risk action items as and when required by the management.

Audit Committee Presentations
– To assist in preparation of audit committee presentations
– To prepare the speak-up cases summary reports.
– To assist the CAE and Managers in ad-hoc & random works assigned.

Preparation and review of Audit Reports
– To assist in preparation of audit reports after completion of the field work
– To review the audit reports prepared by team members for quality assurance purpose.

Department Administration
– Managing routine administrative matters within in the department (e.g. procurement of goods).
– Preparation of Purchase Orders, GRN’s and other DAX related matters.

Expected Qualifications:
– CIA, CFE or CA.

Expected Experience:
– 5-7 years of experience in Internal Audit including fraud investigations , preferably including some years in the Big 4/
– Prior experience of Teammate audit software is added advantage.

Job-Specific Knowledge & Skills:
– Good communication in English, both verbal and written.
– A good team leader.
– Persuasive skills in terms of being able to present and gain acceptance of value added or cost effective audit recommendations.
– Good analytical and investigative skills.
– Good interpersonal and negotiation skills.
– Problem solving skills.
– Objectivity and Professional
– Audit Scepticism and people skills.
– Confident and ethical character.

About the Company

GEMS Education is a pioneering education company with an international network of award winning K-12 schools. Over the past 55 years GEMS has grown from one school to being a truly global company with one incredible mission – to make quality education available to every student. Over 20,000 education professionals unlock the potential of over 250,000 students across 14 countries each and every day, preparing children of all ages for real world success.