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…