Internal Audit - F&A

POSITION

EXPERIENCE

Qualification

Budget

Job & Responsibilities:

1. Risk Management and Assessment

Identify Risks: Evaluate and identify potential risks related to financial, operational, compliance, and

technological aspects.

Risk Mitigation: Develop strategies and recommend measures to mitigate identified risks.

2. Internal Controls

Evaluate Controls: Assess the effectiveness of internal controls in place to safeguard assets, ensure

the accuracy of financial records, and promote operational efficiency.

Enhance Controls: Recommend improvements to existing internal control systems to enhance their

effectiveness.

3. Compliance Audits

Regulatory Compliance: Ensure that the company adheres to relevant laws, regulations, and industry

standards. This includes educational regulations, data privacy laws (such as GDPR), and financial

reporting standards.

Policy Adherence: Verify that company policies and procedures are being followed consistently

across the organization.

4. Financial Audits

Financial Reporting: Review and verify the accuracy and completeness of financial statements.

Fraud Detection: Identify and investigate any instances of financial fraud or irregularities.

5. Operational Audits

Process Efficiency: Assess the efficiency and effectiveness of operational processes, including course

development, delivery, customer service, and technology deployment.

Best Practices: Recommend best practices to improve operational performance and cost-

effectiveness.

6. IT Audits

IT Governance: Ensure that IT governance frameworks are robust and align with the company's

strategic goals.

7. Strategic Advisory

Strategic Planning: Provide insights and recommendations to support strategic decision-making,

helping to align internal audit findings with the company’s long-term goals.

Project Audits: Review and assess major projects, such as the implementation of new educational

platforms or expansions into new markets, to ensure they are completed on time, within budget, and

according to specifications.

8. Reporting and Communication

Audit Reports: Prepare detailed audit reports summarizing findings, risks, and recommendations.

Stakeholder Communication: Communicate audit results to senior management, the board of

directors, and other stakeholders.

9. Continuous Improvement

Quality Assurance: Participate in quality assurance and improvement programs for the internal audit

function.

If you are interested, Directly share me your resume on nisha.mishra@prakharsoftwares.com or 8826660313