BasfIndia

Deputy Manager - Corporate Audit

Job Location:  Other Maharashtra
Job Description:  SkillSet: sales, " internal audit", " continuous improvement facilitation", risk, documentation.
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BASF has successfully partnered India s progress for more than 125 years, with all global businesses maintaining a presence in India today, except for Oil Gas. At the end of 2017, BASF in India had 2,313 employees at 11 production sites and at offices throughout the country, as well as at its Innovation Campus Mumbai and at RD centers in Mangalore. In 2017, BASF registered sales of approximately 1.3 billion to customers in India. Further information is available on the Internet at www.basf.com/in .

Objective:

  1. Perform audits in accordance with COA (Corporate Audit) rules and guidelines.
  2. Diligently assess the effectiveness and efficiency of internal controls in daily processes as well as compliance with national laws and corporate guidelines during audits.
  3. Actively communicate / collaborate with both regional and global layer audits.
  4. Be regional subject matter expert for specific audit topic / risk aspect, subject to area of interest / expertise.

Main Tasks

1. Audit Preparation:
  • Develop the audit plan and define its scope, objective and duration.
  • Inform relevant persons and then secure appropriate authorization if necessary.
  • To undertake pre-field work with required background research and analysis including download analysis of the correct data (where applicable requesting support with SDA, Structured Data Analysis), scheduling interviews with the relevant persons and seeking the relevant guidelines, policies / procedures required for the audit scope / objectives.
2. Fieldwork Review:
  • Assess if internal controls in daily processes and systems are effective and efficient so that they achieve their goals
  • Assess that daily processes comply with relevant BASF group guidelines and national regulations
  • Provide constructive and innovative recommendation
  • Conduct ad hoc projects and reviews
  • Properly document audit findings and maintain quality work papers for reference
  • Keep relevant persons informed of the audit status
  • Prepare a report of audit findings and review all audit points with relevant persons prior to final wrap-up
  • Share and advise Lead auditor and/or Head of Corporate Audit Asia Pacific hub on issues observed during fieldwork for discussion and on-the-job training
3. Reporting
  • Conduct wrap up meetings and inform management of audit findings
  • Express clear opinions on the state of internal controls to relevant levels of management
  • Prepare reports for review and coordinate report distribution with Head of Corporate Audit (Asia) and submit to COA for finalization.
  • Ensure follow-up and concluding the audit program : To ensure proactive follow-up on recommendations before the due date and closing out the audit in Auto-audit.

Requirements:

Qualification : Chartered Accountant

Experience : 4-7 years in Internal Audit experience in a large manufacturing or big 4

Technical Knowledge : ERP experience (SAP preferred)

Travel : Audit fieldwork requires travel up to 3 4 weeks at sites / locations. Travel requirement would be 60%, approx. 6 to 7 audits per annum with fieldwork for each audit 3 to 4 weeks

Others : Fluent in spoken and written English. Interest in internal controls and working towards professional certification e.g. IIA certification CIA, CRMA, etc.

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Functional Area:  Risk / Underwriting
Experience:  4 - 7 years
Qualification: 
Salary:  6 Lakh to 12 Lakh INR
 
BasfIndia
Job Ad publication date: 25 Feb 2021