BASF Hiring! Full Time Auditor in Federal Territory - Ricebowl

Objectives of the Position

Corporate Audit supports the BASF Board of Executive Directors in its responsibility to perform supervisory, steering and control activities. It is an integral part of BASF’s internal control and risk management system. It has teams spread over 4 continents of the globe. This position will be a part of the Asia-Pacific hub of the global Corporate Audit function.

Main Areas of Responsibilities and Key Activities

We are seeking an experienced Internal Auditor who possesses strong set of internal audit skills including resilience and agility, business acumen, and critical thinking to join our team. Your role will involve conducting audits with a resilient and agile approach to assess the effectiveness of our organization's risk management, control, and governance processes and recommend improvements. You will also be responsible for conducting audits of our organization's financial and operational processes to identify areas for improvement and provide recommendations to enhance efficiency and effectiveness of the process. Demonstrates a proactive approach by actively using analytic tools and AI programs utilized such as Co-pilot, PowerBI, and Power Automate/Apps, to drive improved audit efficiency and effectiveness.

You will also collaborate actively with global experts (Domain Owners/SPOCs) as the regional subject matter expert for specific audit topics and risk areas.

Main Task:

• Execute the internal audit plan in accordance with established audit standards and procedures with the annual audit plan.
• Evaluate the effectiveness of the organization's risk management, control, and governance processes.
• Conduct audits of the organization's financial and operational processes to identify areas for improvement.
• Develop recommendations to enhance efficiency, effectiveness, and compliance with policies and procedures.
• Leverage data analytics and data management expertise to analyze financial and operational data, identifying trends, anomalies, and areas for improvement.
• Develop data-driven insights to support audit findings and recommendations.
• Communicate audit findings and recommendations to management and other stakeholders.
• Strong communication and interpersonal skills to collaborate and engage with stakeholders at all levels.
• Monitor the implementation of audit recommendations and provide guidance as needed.
• Stay up to date with changes in laws, regulations, and industry best practices.
• Maintain integrity and ethical behavior, conduct unbiased audits, ensuring transparency, compliance, confidentiality, and professionalism in the internal audit role.

Requirements

• Chartered Accountant, Chemical Engineer, Software Engineer, Data Scientist. (Bachelor’s degree in Accounting / Engineering / Computer Science / Statistics / Business Technology related discipline)
• Preferable Candidate with Professional Certifications such as: CIA (Certified Internal Audit), CFE (Certified Fraud Examiner), CISA (Certified Information System Audit), ESG. Data analytics related experience etc.
• 4 – 7 Years of experience in these skills - internal audit, internal control, risk based auditing, financial controlling Preferably worked on international assignments and working in diverse cultures of team members. Exposure to industries that are manufacturing based preferably chemical companies and with ERP experience (SAP).
• Travel requirement would be ~30%. Approx. 6 to 7 audits per annum with fieldwork for each audit ~3 to 4 weeks. Depending on the audit scope, a site fieldwork, may require travel between 1 - 3 weeks.
• Proven experience in internal auditing, demonstrating resilience, agility, and critical thinking.
• Strong understanding of business dynamics, financial principles, and internal control frameworks.
• You will need to possess the aptitude to understand the intricacies of business dynamics, enabling you to provide valuable insights that strengthen the organization's management processes.