Internal Control Auditor Chennai : www.india.ford.com Ford India Pvt Ltd

[muthukalee]

india.ford.com

Position : Auditor – Internal Control

Work Location : Chennai

Responsibilities :
* Role of Internal control coordinator (ICC) for specific Asia pacific location
* Coordinate with location ICC and CFO to chart out Internal control review plan for the year based on risk assessment
* Work along with the location ICC to monitor MCRP (Modular Control Review Program) activities
* Perform independent process reviews in the location (both manufacturing and sales company). Identification of issues based on risk exposure. Issue report to the management. Support operations to host OICs in CAW (Corrective Action website)
* Support operations in finalizing corrective action plan for Major OIC (Operation Identified Comment). Ensure implementation and sustainability of corrective action.
* Provide expertise knowledge during process change / system change to ensure controls are in place at the first instance– Change control management
* Perform Account Reconciliation drill down for all high risk and medium risk balance sheet accounts
* Provide IC support during ACR (Application Control Review) – CIA Rating etc
* Represent Internal control in entity's governance meetings – Location audit committee, CFO Checklist meetings, Operations Review meetings etc
* Prepare core Internal control metrics / presentation (monthly activity) – FICA metrics, APA audit committee presentation, APA ICC meeting etc
* Support corporate requests – Surveys conducted at the corporate level, Finance manual rewrite projects etc
* Provide Internal control training to the entity (Both Location ICC & operations) , wherever necessary

* Complexity :
* Ensure Internal controls are in place – process change / System change
* Identify key issues at the right time – Track & monitor until closure
* Prepare the entity in full compliance with Finance Manual

Requirements :
* Candidate must possess at least a Chartered Accountancy in Finance/Accountancy/Banking or equivalent.
* Required skill(s): Auditing, MCRP related activities , Internal control.
* Min 3 years(Post Qualification) of working experience in Finance - Audit or equivalent.
* Experience of performing MCRP related activities

About us:
At Ford Motor Company, we are dedicated to designing, manufacturing and selling high quality vehicles that meet the diverse needs of our customers. We believe our employees and the different perspectives that they bring to the business are the driving force behind our success. Come discover a company that is focused on the quality of our vehicles, the environment, the community and the world in which we live.

Contact us:
Ford India P Ltd.
Block - 1B, 1st Floor
RMZ Millenia Business Park
143, Dr MGR Road,
North Veeranam Salai,
Perungudi, Chennai - 600 096
http://impact-in.jobstreet.com/jobs/...22632506&gf=40
http://www.india.ford.com

[Guest-IJT]

Name : Srinivas
Email : vasu_ankamalla AT yahoo.co.in
Designation / Skillset : Internal Auditor/Internal Audit/Pre & Post Audit
Internal Auditor

Resume :

With honorable request I am approaching you for the suitable placement and interested to join in your esteemed organization. Please give me an opportunity to prove my worth.
CARRIER OBJECTIVES
To be associated with a progressive organization that gives me the scope to apply my knowledge and skills and involve myself as a part of an association works towards the growth of the organization.
EDUCATIONAL QUALIFICATION
B.COM Regular from P.G. College (Sec-Bad) Autonomous
Intermediate from S.V.R. Naidu Junior College
S.S.C from Balanagar Public High School
Work Experience
Worked in Luharuka and Associates of chartered Accountancy Firm as Assist Auditor helping to senior Auditors self balancing from 2004 Feb 22nd
- Statutory and Internal Auditor
- Excise Records
- Checking books of Accounts of all Assessment year
- Finalizing the books of Accounts
- Ledger Scrutiny
Strength
- Self Confidence
- Hard Word
- Quick learner
- Patience
- Creative
I here by confirm that the information given above is true to best of my knowledge.
The companies which I had been audited as follows
1. Transport Corporation of India Limited
2. Surana Telecom Ltd
3. Tibrewala Electronics Ltd
4. Pankaj Polymers Ltd
5. Amith Capacitors Ltd
6. Basai Steel
7. Andhra Bank
8. Karur Vysya Bank
9. Oriental Insurance
10. Karnataka Metals Pvt Ltd
11. Rohit Extraction Pvt Ltd
INTERNAL AUDIT SCOPE
The Objective of the Internal Audit Group in C. Venkat Krishna & Co. is to became a World Class Audit Group by enhanacing the Quality of Audit in Line with International Standards of Internal Audit till date.
Present Working in C. Venkat Krishna & Co. as an Internal Auditor from 14 Feb 2007. On behalf of CVK. Working as Internal Auditor in Vijai Electricals Ltd. Rajbhavan Hyd.
Pre-Audit means checking by the Internal Audit Group a transaction even before it occurs and is recorded in the Books of Account it translates a Personal Credo into a New Business Mantra- “ Prevention is better than Cure”.
It lends a new dimension to the audit as it perceive across the transaction of the Company as can be seen from its scope mentioned below. Iy renders as issue that underlines the effectiveness of the internal audit quite reduandant. i.e. of completing the audit cycle within a given timeframe there by enhancing its usefulness in preventing rather than in correcting the errors of Commission and Ommission.
The expected exponentional growth of any Company will necessitate further empowered of the employees within established frame works. In mange such empowerment will pose a greater challenge to the Internal Audit Group.
The Internal Audit Group is discharging the key function of attestation of Financial Figure in term of the budgets and the policies of the management effectively. Pre-audit is carried out in the following areas
Verification of Bill Payable.
Verification of Purchase Order through Bill if Material.
Verification of Journal Voucher.
Verification of Cash Book.
Verification of Ledger.
Verification of Cheque report.
Verification of Contract Labour Wages.
Verification of Letter of Credit Opening.
Verification of Bill of Exchange before Payment.
Verification of transport bills as per our agreement rates.
Verification of Civil Work Payments.
Verifiaction of TDS.
Verification of PF.
Verification of ESI.
Verification of all Cash Transactions.
Verification of BRS.
Verification of Travel Allowances.
Verification of Leave Tour Allowance.
Verification of Stores like Receipts & Issues.
Verification of Physical Stock.
Verification of VAT inputs.
Verificatin of Bank Credits.
Verification of Imprest Bills.
Verification of Sale Orders both exports & domestic.
verification of Sub-contractor bills based on Work Order.
Verification of Departmental work and errection of pole.
Verification of Substation work.
Verification of Material Reconcilation lying with sub-contractor.
Draft Projects General System Manual.
Business Development and Marketing Department
Engineering Department
Material Department
Accounts Finance Department
Stores Department
Costing Department]
Quality Department
Execution Department
Human Resources Department
Planning Department
Specific Resposibilities of Each Deparment
Business Development and Marketing Department
Receipts of Tender Document
1. Conducting Pre Tender Meeting with concern Departments
2. Coordinating with Various Departments and submitting Tender
Receipt of LOA
a. To appraise the management on the Financial Implications before Acceptance of the LOA
b. To Conduct a Meeting of all concerned departments and analyze the financial and other implications of the LOA.
c. Distribution of LOA to all Departments.
d. Submit drawings along with Engg for Customer Approval.
e. To Caution the Management and move 1st LOA Amendment proposal on Receipts of customer approved drawings based on Survey.
f. To inform customer periodically on the status of the contract.
g. To attend customer review meetings
h. To resolve Differences and other issues with the customer that are likely to effect the conditions of the contract for Supply and Erection of Projects.
i. To coordinate with other department and process contract extension period well in advance.
j. Based on the erection progress and assessment of Materials to raise 2nd LOA amendment proposal.
Engineering & Designs Department
a. Assist BD regarding Technicals Specification, Tender Design and preparation of Tender BOM.
b. On Receipt of LOA, BOM and Drawings should be circulated to all concerned departments.
c. After receipts of LOA, Survey should be completed within 3 months and villages wise drawing should be prepared and submit to the customer. Survey should be accurate to the level of 100% in cases of other materials.
d. Based on variations between Survey and LOA first LOA amendment should be processed and submitted to customer along with BD.
e. Final BOQ based on Survey and LOA amendment should be prepared and circulated to all departments
f. In consultation with Planning and erection progress further Engg clearance for procurement of Material to be released.
g. Periodic Reconcilation between Village Wises Survey/Amended LOA with Actual erection should be carried out. Any variations should be highlighted and discussed with customer in consultation with BD and Project Manger. This should be the basis for raising subsequent LOA amendments with customer.
Material Department
A. On Receipts of LOA/BOM from BD/Engg approved Vendor list should be obtained from the customer.
B. Enquiries should be sent to minimum 3 approved vendors. Priority should be given to our sister concerns. In case of non approved vendors in consultation with quality department necessary documents should be forwarded for approval.
C . Receive Offers and Quatations.
Accounts Finance Department
Treasury : Finance.
a. To obtain cash inflow and outflow projections from bills receivable section and material department.
b. To obtain monthly BG, LC and Cash out Flow projections from Marketing, Site and other Departments.
c. To follow up with BD and Obtain back all Expired BG and EMD.
d. To Prepare Monthly Cash Budget before month beginning.
e. To Prepare Weekly Cash flow Statements.
f. Prepare Fortnightly Report on pending BG, LC an expired BG.
g. To Prepare BRS within 5days after the month end.
Treasury : Bills Receivables.
a. To obtain copy of all Bills submitted to customer along with supporting documents and submit to audit monthly.
b. To follow up with customer for Payment.
c. To make entries for Payments Received.
Billing
a. To raise advances bill on the customers as per the terms of the LOA.
b. To raise Supply bills and forward to sire office for submission to customers.
c. To maintain Memorandum Stock Account after completion of Billing and to keep track of Stock.
d. To recognize revenue only at the end of the year so that track on Material is kept.
e. To follow up for payments with the Project Manager.
f. To raise erection Bills on the customer based on erection progress and in consultation with PM.
Administrative Expenses.
a. To receive statement of Salaries from HR. Verify randomly and pass entries in books.
b. To receive expenses reimbursement claims, verify and pass entries in books and forward to finance.
c. To prepare Budget variance statement and submit to management monthly.
Bills Payables.
a. Verify NFA and Confirm payment terms and TAs Structure.
b. Receive Bills from Materails.
c. Confirm with Payments terms of PO.
d. Process payments after receipt of GRIN ( goods receipts cum inspection note) and if payment terms are as per PO.
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More Information about this submission and submitter :-
___________________________________________________
Submission ID : 4183457
Date & Time : 28th May 2011 6:15 AM (UTC)
IP Address : 220.227.242.146
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Predicted Country : India