Internal Auditor

About Lodha & Co LLP

Lodha & Co LLP is a prominent advisory and consulting firm in India, renowned for its expertise in statutory audit, internal audit, and risk advisory services. With a dedicated team of over 150 professionals, the firm is committed to upholding the highest ethical standards and prioritizing client interests. Established in 1941, Lodha & Co LLP operates from multiple offices across India, including major cities like Kolkata, Chennai, Hyderabad, Mumbai, New Delhi, and Jaipur.

Job Summary

Lodha & Co LLP is seeking a diligent and experienced Audit Executive to join its Audit & Assurance team in Mumbai. This role is ideal for individuals with 1 to 5 years of experience in conducting internal and management audits for a diverse clientele. The position involves critical tasks such as risk assessment, evaluating internal controls, identifying areas for process improvement, and ensuring regulatory compliance.

Key Responsibilities

• Execute internal audits across various industries according to the established audit plan.
• Conduct risk-based audit procedures, pinpoint control weaknesses, and propose practical solutions.
• Assess the efficiency and effectiveness of business processes and internal control systems.
• Prepare comprehensive audit reports detailing observations, their implications, and suggested corrective actions.
• Undertake management audits, operational reviews, and process audits.
• Collaborate with clients to obtain necessary information and documentation.
• Contribute to the development and implementation of standard operating procedures (SOPs).
• Verify adherence to regulatory requirements and internal company policies.
• Maintain meticulous audit documentation and working papers in compliance with firm standards.
• Provide guidance and supervision to junior audit staff, where applicable.

Required Skills

• A strong grasp of internal audit methodologies, risk management principles, and internal control frameworks.
• Familiarity with accounting standards, company law, and relevant regulatory frameworks.
• Excellent analytical and problem-solving capabilities.
• Proficiency in MS Excel, Word, and PowerPoint; experience with ERP systems like SAP or Tally is advantageous.
• Effective communication and report-writing abilities.
• Capacity to work autonomously and manage multiple projects concurrently.
• Readiness to travel to client sites for audit engagements.

Additional Information

This is a full-time, onsite position based in Mumbai. The role requires the candidate to be detail-oriented and possess a strong understanding of audit principles.