Internal Audit is an independent assurance/advisory function reporting functionally to the audit committee of the Board and administratively to the Finance function(CFO). IA is responsible for planning, executing, and reporting operational, compliance, financial, and technology audits.

Job Summary:

This role will assist the Lead Auditors in conducting Operational Audits. For Operational Audits, Internal Audit at Lowe's focuses primarily on value-add, operational audits with high visibility to Lowe's Leadership. The primary purpose of this role is to work closely with the Lead Auditors and project teams by assisting in planning, developing and executing of audit testing. Additionally, the Trainee Auditor will prepare inputs to written communication and deliverables for audit engagements involving the use of data analytic skills, process analysis, and critical thinking. Overall, this role will assist in audits that evaluate the effectiveness of internal controls established to manage Lowe's most significant risks.

Core Responsibilities:

• Assists with Internal Audit’s oversight role in the Company's SOX 404 assessment, including SOX program planning activities, performing independent SOX testing, reviewing management’s testing, and driving SOX-related administrative activities such as reporting of internal controls over financial reporting.
• Identifies and documents aspects of the organization's systems and processes that do not comply with regulations,
• laws, and standards or do not comply with the organization's policies and operating procedures
• Assist in identifying key risks, develops process mapping and conducts testing for in-scope controls.
• Collects preliminary data and conducts analysis and assists Lead and Senior Auditor in detecting deficient controls, inefficiencies, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies
• Performs data analysis to deliver valuable insights to management, when applicable
• Assists Lead/Senior Auditor in the detailed report and summarization of audit findings
• Provides support for coordinating with the client and management to ensure project timelines are met
• Organizes resources, information, and significant findings from root cause, risk exposure, and management analysis.
• Responsible for work paper standards.
• Participates in rotational committee work such as internal quality reviews, issue follow up and training coordination to gain extensive knowledge and experience in key audit functional areas

Required Minimum Qualifications:

• Industrial trainee Eligibility as per current ICAI guidelines

Primary Skills (must have)

• Internal Audit

Secondary Skills (desired)

• Accounting / statutory audit

Not disclosed

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Bengaluru, Lowe’s India develops innovative technology products and solutions and delivers business capabilities to provide the best omnichannel experience for Lowe’s customers. Lowe’s India employs over 4,200 associates across technology, analytics, merchandising, supply chain, marketing, finance and accounting, product management and shared services. Lowe’s India actively supports the communities it serves through programs focused on skill-building, sustainability and safe homes. For more information, visit, www.lowes.co.in.