Technical Auditor/ Project Auditor/ Internal Auditor

As a Technical Auditor at Tata Projects, one will play a pivotal role in ensuring the highest standards of quality, compliance, and efficiency across our engineering, procurement, and construction (EPC) projects. Responsible for conducting detailed technical/other audits, investigations, assessing project documentation, and collaborating with cross-functional teams to guarantee the successful execution of projects.

Would be a part of corporate audit function covering internal audit for all Operating, Manufacturing and Service Departments of the Company and also for its Subsidiary and Associate Companies.

2. To Review and evaluate all activities, processes and operations pertaining to Engineering, Procurement, Design, Construction, Manufacturing, Safety, Quality as applicable for the respective Audit Units as per the approved audit plans.

3. To Review Internal Controls as applicable to Engineering, Procurement, Construction / Manufacturing, Safety and Quality management.

- Assist the CIA / Head -IA in developing and executing the audit plan and take a lead role in the day to day planning and execution of internal audits

- Contribute to the Internal Audit (IA) function by identifying risks associated with business objectives and evaluating the controls in place to mitigate those risks in order to improve the effectiveness of risk management, control, and governance processes.

- Provide value-added advice and support, creation or modification of policies, procedures, processes, to ensure an appropriate level of internal control and compliance is maintained

Primary duties and Responsibilities:

- Participate in opening meetings with auditee to discuss Audit scope and objective & provide an overview of all steps in the audit process

- Develop a thorough understanding of business processes for assigned audits and document the processes. Identify and document inherent risks and controls within the business processes.

- Develop Project Overview Sheet giving critical information about the function / sites

- Carry out detailed field work, discuss the observations with Auditee, prepare detailed reports outlining findings, recommendations and maintain working papers in accordance with Auditing standards

- Evaluate the adequacy of process / design and effectiveness of controls in meeting business objectives

- Identify and document control and process weaknesses and provide evidential support for findings

- Propose practical and value added recommendations to address control weaknesses and/or process inefficiencies

- Participate in closing meetings with auditee at the end of fieldwork and obtain comprehensive and time bound action plan from Auditees

- Assist in the preparation of a concise and informative audit report to effectively communicate the findings and recommendations to senior management

- Regularly updating Audit issues in Issue Tracker for Audit reports circulated

- Carry out regular review of Action Taken Report and follow up for timely and effective closure of issues

- Assist CIA/Head-IA in carrying out Risk Assessment and in development of the annual Internal Audit plan

- Conduct IFC compliance review to identify whether appropriate internal controls are in place and operating effectively.

- Provide value addition / recommendations to strengthen the controls to safeguard assets and improve accuracy of financial reporting.

- Conduct investigations of suspected internal fraud as required

- Involvement with external Audit Firms at each stage in case of co sourced assignments

1. Would be a part of corporate audit function covering internal audit for all Operating, Manufacturing and Service Departments of the Company and also for its Subsidiary and Associate Companies.

2. To Review and evaluate all activities, processes and operations pertaining to Engineering, Procurement, Design, Construction, Manufacturing, Safety, Quality as applicable for the respective Audit Units as per the approved audit plans.

3. To Review Internal Controls as applicable to Engineering, Procurement, Construction / Manufacturing, Safety and Quality management.

- Assist the CIA / Head -IA in developing and executing the audit plan and take a lead role in the day to day planning and execution of internal audits

- Contribute to the Internal Audit (IA) function by identifying risks associated with business objectives and evaluating the controls in place to mitigate those risks in order to improve the effectiveness of risk management, control, and governance processes.

- Provide value-added advice and support, creation or modification of policies, procedures, processes, to ensure an appropriate level of internal control and compliance is maintained

Primary duties and Responsibilities:

- Participate in opening meetings with auditee to discuss Audit scope and objective & provide an overview of all steps in the audit process

- Develop a thorough understanding of business processes for assigned audits and document the processes. Identify and document inherent risks and controls within the business processes.

- Develop Project Overview Sheet giving critical information about the function / sites

- Carry out detailed field work, discuss the observations with Auditee, prepare detailed reports outlining findings, recommendations and maintain working papers in accordance with Auditing standards

- Evaluate the adequacy of process / design and effectiveness of controls in meeting business objectives

- Identify and document control and process weaknesses and provide evidential support for findings

- Propose practical and value added recommendations to address control weaknesses and/or process inefficiencies

- Participate in closing meetings with auditee at the end of fieldwork and obtain comprehensive and time bound action plan from Auditees

- Assist in the preparation of a concise and informative audit report to effectively communicate the findings and recommendations to senior management

- Regularly updating Audit issues in Issue Tracker for Audit reports circulated

- Carry out regular review of Action Taken Report and follow up for timely and effective closure of issues

- Assist CIA/Head-IA in carrying out Risk Assessment and in development of the annual Internal Audit plan

- Conduct IFC compliance review to identify whether appropriate internal controls are in place and operating effectively.

- Provide value addition / recommendations to strengthen the controls to safeguard assets and improve accuracy of financial reporting.

- Conduct investigations of suspected internal fraud as required

- Involvement with external Audit Firms at each stage in case of co sourced assignments