Internal Audit Assistant at Ascentech Services Limited

Responsibilities

• Provide support to the Audit Manager in collation of audit requirements as specified from time to time.
• Evaluate the various procedures and processes that entail weekly, monthly, quarterly and annual audit in the organization.
• Ensure proper audit controls and compliance at all levels and departments in the organization.
• Inspect for accuracy of policy procedures being followed in various departments.
• Point out loopholes in the policies and procedures and bring it to the notice of the senior auditor within the least possible time frame allotted.
• Maintain the database of all the internal and external auditors including the various reports that need to be submitted to each auditor on a regular basis.
• Develop and submit audit budget under the guidance of the senior auditor and implement the same on approval of the board of directors of the organization.
• Ensure compliance of all the audit procedures and policies followed by the organization according to the category specified by the state audit department.
• Keep track of the annual tax audit and collate information into other audit procedures without fail.
• Verify various financial statements such as balance sheet, income statement, assets and liabilities statement and equity statement on a quarterly basis and submit report to senior auditor.
• Ensure compliance of fraud control policy available in the organization apart from providing suggestions for improving the same periodically.

Requirements

• Graduate degree in Accounting
• More than 5 years experience in a financial sector.