What are the types of internal audits?

Internal audits can include operational audits, compliance audits, financial audits, forensic audits, IT audits, and environmental audits.

What are the key standards in internal audits?

The key standards include independence, objectivity, proficiency, quality assurance, and communication.

What is the risk-based approach in internal audits?

The risk-based approach prioritizes auditing high-risk areas within an organization to focus resources where they are needed most.

What are the 5 C's of internal audit?

The 5 C's are Control, Compliance, Cost, Consistency, and Communication, which are critical for a successful audit process.

How does an internal audit help in risk management?

Internal audits help identify and mitigate risks by ensuring that internal controls are effective and that the company complies with laws and regulations.

Manager – Business and Risk Advisory

Location: Mumbai

Type of Position: Full-Time

High Integrity, eagerness to learn continuously and focus on creating value for the clients are key drivers required to succeed at Felix Advisory. We support Felixians in achieving their career targets and collectively celebrate our accomplishments. In this role, you will work with a team of passionate problem solvers to create solutions that meet our clients’ objectives.

Join our experienced team and work on high quality engagements involving MNCs, Indian conglomerates as well as high growth Start-ups operating across a diverse range of industries.
Gain exposure to working on a diverse nature of Business and Risk advisory engagements performed including risk based internal audits and process reviews, compliance support for Clause 49 and Sarbanes Oxley (SOX) Requirements, implementation of risk assessment frameworks (ERMs/ COSO/COBIT), development of SOPs/ Policies/ Processes, fraud investigation, special management audit and information security reviews, etc.

By joining our team, you will have the opportunity to be involved in a wide variety of Business and Risk advisory services, including audits, process review, SOP formulation & implementation and fraud investigation, in a highly client focused environment.

Roles & responsibilities

Preparation of audit checklists /programs, discussion notes, audit reports for clients
Performing business process reviews & carrying out internal audits as per annual audit plan & submission of audit reports to the clients
Liasoning with functional departments for carrying out Internal audits & final discussions of audit findings & getting their consent for timely implementation of suggested & agreed action plans/corrective actions
Ensuring implementation of audit observations
Drafting SOPs/Policies/Guidelines/Procedures
Team handling and management

Skill Required

In order to be considered for this role, your competencies will cover the broad scope of Accounting and Assurance services, leveraging your professional background and skills such as:

CA – Inter (Semi Qualified) having above mentioned experience of 1-2 years or B-com/ M-com with 2-3 years of experience
High level of analytical skills
Excellent written and oral communication skills
Ability to understand business processes and procedures
Expertise in auditing and accounting
Proficiency in MS Word, Excel and PowerPoint

We are looking for highly motivated and enthusiastic individuals. Given our past record of high growth and ambitious growth plans, a significant opportunity exists for successful candidates to rapidly progress and develop within this exciting and dynamic environment.

Interested candidates can email their resume to infomumbai@felixadvisory.com