Internal Audit Role - InCorp Advisory

Job Details

Total requirements – 1 positions

Conduct internal audits to assess the adequacy, effectiveness and efficiency of the established internal controls and procedures.
Identify key areas of risk within the organisation and propose appropriate controls to mitigate the risks.
Review the accuracy, timeliness and relevance of financial information and other disclosures provided to management.
Discuss audit findings and recommendations with line managers and report significant issues to senior management.
Prepare / write audit reports in line with the approved audit plan.
Monitor the timely implementation of the management actions recommended in the audit reports.
Responsible for execution of Internal Audit assignments.
Support Team Leaders in the process of preparing and executing audit plans, audit program, and reports.
Demonstrate the potential and initiative to take up independent responsibility.
Indirect and Direct Tax Compliance:
- Execute and manage timely preparation of monthly tax working and filling of returns e.g., GST returns, TDS returns, etc.
- Verify the accuracy of tax calculations and ensuring whether the same is complied with the Act, Rules and regulations.
- Verify and tracking of the tax related tasks such as tax payments, exemptions, any non-compliance issues, etc.
- Monitor and verify tax related documents and transactions and ensure whether the same is complied with the rules and regulations.
- Periodic reconciliations and timely resolutions of discrepancies.
- Monitor regular updates in the laws.