About the Role
The incumbent shall lead internal audits as per the annual audit plan, evaluates the adequacy and effectiveness of internal controls relating to risks within those business areas and verifies compliance with all applicable laws and regulations.
Requirements
Key Responsibilities
Audit Planning & Execution: Develop annual audit plan, Schedules audit assignments in alignment with process owners and allocates auditors and execute risk-based internal audit plans to evaluate the effectiveness of internal controls, processes, and systems across all company departments.
Financial Audits: Conduct thorough audits of financial statements, accounting processes, and transactions to ensure compliance with internal policies and external regulations.
Operational Audits: Evaluate operational efficiency and recommend improvements to enhance productivity and reduce costs, particularly focusing on our operations
Compliance Audits: Ensure the company complies with statutory laws and regulations, including tax laws, environmental standards, and labor laws.
Risk Assessment: Identify potential risks and vulnerabilities within the company’s processes and provide actionable insights to mitigate them.
Process Improvement: Recommend improvements to internal controls, business processes, and organizational policies based on audit findings to enhance operational efficiency and financial accuracy.
Fraud Detection & Prevention: Proactively monitor for signs of financial fraud, mismanagement, or non-compliance and report findings to senior management.
Audit Reporting: Prepare detailed audit reports, including findings, conclusions, and recommendations for corrective actions, and present them to senior management and relevant departments.
Follow-up Audits: Monitor the implementation of audit recommendations and perform follow-up audits to ensure that corrective actions have been taken.
Stakeholder Management and Collaboration: Work closely with cross-functional teams, including Finance, Operations, and HR, to gather information and ensure comprehensive audits.
Team Building: Recruit and build a team of internal auditors with desired knowledge and skills to cover all areas of audit
Required Qualifications
Education: Qualified or Inter CA/CIA/CMA/MBA/MCOM/BCOM with at least 5 to 7 years of Audit/Internal Audit experience in the areas of Internal Audit, Compliance & Risk Advisory services preferably in the Banking domain..
Experience: 4-6 years of experience in auditing, preferably in internal auditing in a manufacturing, waste management, or sustainability-focused industry.
Technical Skills: Proficiency in accounting and audit software (such as Tally, SAP, or equivalent ERP systems) and advanced Excel skills.
Knowledge: Strong understanding of internal control frameworks, risk management, and compliance requirements, including Indian GAAP and IFRS, Stay updated on relevant regulations and best practices in internal audit and controls.
Analytical Skills: Strong analytical and problem-solving skills with the ability to detect patterns of non-compliance or inefficiency.
Attention to Detail: High level of accuracy in conducting audits, reviewing documentation, and preparing reports.
Communication Skills: Excellent verbal and written communication skills to effectively present audit findings to senior management.
Ethical Standards: Demonstrated integrity and ethical standards in handling confidential information.
Key Attributes
Providing in-depth assessment of major business risks and evaluation of the effectiveness of risk management
Identification of opportunities for improvement in operational efficiency, business performance and cost reductions
Benchmarking of key business matrices and operating parameters
Wider gap assessment to include commercial, legal, financial, technical and other related impact areas
Strong stakeholder and team relationships Effective and timely finalization of audit reviews
Develop SOPs and Processes to ensure the gaps are not repeated
About the Company
Dalmia Polypro is a dynamic and rapidly growing organization operating in the sustainability sector with a specific focus on plastic recycling. We are dedicated to creating a positive environmental impact by implementing innovative recycling solutions and reducing plastic waste. Backed by strong institutional investors, we are poised for significant growth and expansion in the coming years.