Senior Consultant-Internal Audit

Job Designation: Senior Consultant

Location: Gurugram

Department: Advisory

Job Type: Full-Time

Experience Level: 3-6 Years

About BDO EDGE:-

BDO EDGE India Private Limited is an entity, based in India created through a strategic partnership among BDO member firms: in India, the United States, the United Kingdom, and Germany. It operates independently within the BDO network of accounting and advisory firms, enhancing their combined capabilities and resources. BDO EDGE (Exceptional Delivery for Global Enterprises) delivers tax, assurance, accounting, outsourcing, advisory, and technology-driven services through highly skilled professionals in India to BDO network firms, their alliance programmes and any other certified public accounting firms (CPA firms).

Position Overview:

The Risk Advisory Services (RAS) Senior Consultant is responsible for partnering with more experienced Risk Advisory Services professionals to provide risk consulting and issues resolution in the areas of Business Process, Internal audit, and other advisory services. In this role, the Risk Advisory Services Senior Associate will participate in various stages of an internal audit, SOX compliance or consulting engagement and provide
assistance with planning, field work, engagement wrap up and report composition, along with providing recommendations.

Internal Audits & SOX Compliance

• Conduct business process controls testing for Internal Audits (IA) and Sarbanes-Oxley (SOX) 302, 404
  audits to evaluate design and operating e?ectiveness.
  
• Apply experience and understanding in business process controls testing, covering process cycles
  such as Purchase to Payables, Revenue & Receivables, Financial Statement Close, Equity, Inventory,Payroll & Human Resources, Treasury, Investments, and Entity Level processes.
  
• Perform third-party reporting, such as SOC1 and SOC2.
  
• Maintain all documentation and work papers associated with engagements.
  

Risk Assessment & Audit Programs

• Conduct risk assessments of assigned departments or functional areas within established/required
  timelines, while overseeing staff.
  
• Establish risk-based audit programs and determine the scope of review in conjunction with the
  engagement manager.
  
• Document financial reporting cycles or internal audit areas and identify key controls.
  
• Conduct audit testing of specified areas and identify reportable issues and dimensions of risk.
  
• Determine compliance with appropriate legislation and/or audit policies and procedures.
  
• Reassess risk and communicate with other RAS professionals, as necessary.
  

Process Documentation & Analysis

• Assist in creating flowcharts, narratives, process documentation, Standard Operating Procedures
  (SOP), risk & control matrices, and testing of design & operating e?ectiveness.
  
• Document and analyze processes, risks, and controls, with guidance and direction from fellow Risk
  Advisory Services (RAS) professionals.
  
• Develop initial deliverables and/or solutions to issues.
  

Interaction & Communication

• Act as the primary contact on behalf of BDO RISE regarding basic questions and information.
  
• Obtain information, documents, and data to support the completion of analysis and research of testing
  issues.
  
• Communicate findings, draft comprehensive reports of audited areas, and prepare formal/informal
  presentations.
  

Engagement Management

• Assist in developing and monitoring budgets (budget-to-actual) for all assigned engagements.
  
• Assist with the management of engagements to ensure engagement metrics are achieved.
  
• Successfully prepare more challenging and complex work; and handle the assignments from beginning
  to end with little support.
  
• Implement project plans and maintain all documentation and work papers associated with
  engagements.
  
• Maintain the confidentiality of all documentation and work papers associated with engagements.
  

Requirements

Qualifications:

• Bachelor’s or master’s degree in accounting, Finance or other relevant field required.
  
• CA/ACCA/CIA or other relevant certification preferred or working towards
  

Experience:

• 3-6 years of experience within a public accounting firm or Fortune 100 company performing internal
  audit, Business Process (BP) SOX Compliance or Risk Advisory Services required.
  
• Relevant work experience, Big 8 experience preferred.
  
• Ensure company compliance with Internal Auditing Standards issued by IIA and regulatory reporting
  requirements (SEC) and other industry best practices. (COSO/COBIT)
  
• Awareness of internal auditing standards issued by IIA, ICAI & ISACA
  
• Data analytics support for Internal Audits (IA), Sarbanes-Oxley (SOX) 404 assessments and other risk
  advisory services.
  

Benefits

• Opportunity to work with a high-profile client portfolio.
  
• Leadership and career advancement opportunities.
  
• Continuous learning and professional development.
  
• Collaborative and growth-oriented work environment.