Senior Associate – Internal Audit
Al Mulla Group
Total years of experience :33 years, 6 Months
Drafting of SOP and implementation of controls Involved in every step of the audit process from planning, execution, analysis, report drafting upto final presentation Preparation of Risk Access Control Matrix Stock Audit Cash Audit Testing procedures as per IFC/ICFR Strengthening Internal Control Checking of Internal Control procedures and policies followed in the company Process Improvement Resolving Audit queries Reporting to higher management Ledger Scrutiny. Working knowledge of SAP
(Manufacturer of FMCG brands "Ghadi detergent", shoes brand "Red Chief", Milk brand "Namaste India" etc. The Group has turnover of more than INR 5, 000 Crores) Manager-Audit Key Deliverables Drafting of SOP and implementation of controls. Involved in every step of the audit process from planning, execution, analysis, report drafting upto final presentation Preparation of Risk Access Control Matrix. Testing procedures as per IFC/ICFR Strengthening Internal Control Checking of Internal Control procedures and policies followed in the company Process Improvement Resolving Audit queries Reporting to higher management Assisting in Audit with Ernst Young Preparation of templates required in Statutory Audit by Ernst Young Ledger Scrutiny. Working knowledge of SAP
Key Deliverables Credit Underwriting. Review and credit worthiness of customers seeking Loan Against Property. Due Diligence of financial furnished by the customers. Personal discussion and visiting client site to assess capability, capacity and intention of client. Computation of financial eligibility of the client. Well understanding of the banking norms and policies. Taking decision regarding sanction plan. Coordinating with auditors and resolving audit queries
Key Deliverables Review and analysis of credit worthiness of customer seeking loan. Due Diligence of financial submitted by the customers. Analysing Business and growth prospects of the customer Analysing Financial strength of the business on the basis of banking policies Analysing Securities offered by the customer Analysing Legal documents provided by the client Taking decisions regarding sanctioning of loan Personal Discussion and visiting clients site to assess capability, capacity and intention of client. Documenting the proposal as per the banking norms and policies. Computation of financial eligibility of the client Computation of loan to value of the client. Well understanding of the banking policies under different products Coordinating with auditors and resolving audit queries