Grow Your Career with DMart – Walk-in Interviews 2023

Grow Your Career with DMart for Internal Audit Dept Role. BCom candidates can apply for these post.

Complete details are given below:-

• Company – DMart
• Roles – Internal Audit Dept
• Qualification – BCom
• Location – Chennai
• Work Experience – 0-5 years
• Salary – 2 LPA – 3.5 LPA

ABOUT THE COMPANY

DMart is an Indian retail chain that operates a chain of hypermarkets and supermarkets. It is owned and operated by Avenue Supermarts Ltd., which was founded by Mr. Radhakishan Damani in 2000. DMart is known for its focus on offering quality products at competitive prices, making it a popular choice among consumers in India.

Here are some key points about DMart:

Store Format: DMart primarily operates in the hypermarket format, offering a wide range of products under one roof. The stores are spacious and well-organized, providing customers with a convenient and comfortable shopping experience.

Product Range: DMart stores offer a diverse range of products, including groceries, household essentials, kitchenware, personal care items, apparel, home furnishings, and more. The stores aim to cater to the varied needs of consumers by offering a comprehensive selection of products.

Competitive Pricing: One of DMart’s distinguishing factors is its focus on competitive pricing. The company aims to provide value for money to its customers by offering products at prices that are often lower than those of its competitors. This pricing strategy has contributed to its popularity among budget-conscious shoppers.

Private Label Brands: DMart has also introduced its own private label brands across various product categories. These brands offer quality products at affordable prices and provide customers with additional options to choose from.

Store Locations: DMart stores are strategically located in various cities and towns across India. The company aims to serve both urban and semi-urban markets, making its stores easily accessible to a wide customer base.

Efficient Supply Chain: DMart has developed an efficient supply chain management system that focuses on maintaining optimal inventory levels, ensuring product availability, and minimizing wastage. This allows the company to effectively manage costs and offer competitive prices to customers.

Customer Focus: DMart places a strong emphasis on customer satisfaction. The company strives to provide a pleasant shopping experience by maintaining clean and well-maintained stores, offering helpful and knowledgeable staff, and ensuring product quality and freshness.

Expansion and Growth: DMart has been expanding rapidly since its inception. It continues to open new stores in different cities and regions, expanding its presence across India. The company’s growth has been fueled by its strong customer base and reputation for quality and affordability.

DMart’s commitment to offering quality products at competitive prices, along with its customer-centric approach and efficient operations, has contributed to its success in the Indian retail market. The company has gained a significant market share and continues to be a preferred shopping destination for many Indian consumers.

What you will be doing as Internal Audit Dept

• Conducting Audits: You will be involved in planning, executing, and reporting on internal audits. This includes identifying areas of risk and evaluating the adequacy and effectiveness of internal controls, policies, and procedures. You will assess compliance with applicable laws, regulations, and industry standards.
• Risk Assessment: You will participate in risk assessment activities to identify key risks faced by the organization. This involves analyzing business processes, systems, and operations to identify potential vulnerabilities, control weaknesses, and areas of non-compliance. You will help prioritize audit activities based on risk assessment findings.
• Internal Controls Evaluation: You will review and test internal controls to determine their design and operational effectiveness. This may involve conducting interviews, examining documentation, performing data analysis, and conducting physical inspections. You will identify control gaps and recommend improvements to enhance the organization’s control environment.
• Data Analysis: As part of your audits, you may utilize data analysis techniques to identify anomalies, trends, and patterns. This can help in detecting fraud, assessing operational efficiency, and improving control effectiveness. You may use tools such as data analytics software to perform tests and extract insights from large datasets.
• Report Writing: You will prepare audit reports summarizing your findings, conclusions, and recommendations. These reports will be shared with management, highlighting control deficiencies, process inefficiencies, and areas requiring improvement. You may also assist in developing action plans and tracking the implementation of audit recommendations.
• Stakeholder Communication: You will interact with various stakeholders, including management, process owners, and external auditors. You may participate in meetings, provide clarifications, and present audit findings. Effective communication and building strong relationships with stakeholders are essential for successful internal audit outcomes.
• Continuous Improvement: You will contribute to the development and enhancement of the internal audit function. This may involve identifying opportunities for process improvements, adopting new audit methodologies, and staying updated on emerging trends and best practices in the field of internal auditing.
• Compliance Monitoring: You may assist in monitoring the organization’s compliance with applicable laws, regulations, and internal policies. This may involve conducting compliance audits, assessing adherence to regulatory requirements, and assisting in the development and implementation of compliance programs.
• Training and Education: You may participate in training programs to enhance your knowledge and skills in internal auditing. This includes staying updated on auditing standards, industry practices, and relevant regulations. You may also contribute to internal training initiatives to promote awareness of internal controls and risk management.
• Ethical Standards: As an internal auditor, you will uphold the highest ethical standards, including independence, objectivity, and confidentiality. You will adhere to the Institute of Internal Auditors’ Code of Ethics and professional standards.

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Skills Required for Internal Audit Dept

• Financial and Business Acumen: A strong understanding of financial principles, accounting concepts, and business operations is essential for conducting effective internal audits. You should have knowledge of financial statements, risk assessment methodologies, and relevant industry regulations.
• Analytical and Critical Thinking: Internal auditors need strong analytical and critical thinking skills to evaluate complex data, identify patterns, and draw meaningful insights. This includes the ability to assess risks, identify control weaknesses, and make recommendations for improvement.
• Attention to Detail: Internal auditors must pay close attention to detail to ensure accuracy and thoroughness in their work. This involves carefully examining documents, conducting data analysis, and identifying discrepancies or inconsistencies.
• Problem-Solving: Internal auditors encounter various challenges during audits, such as identifying control gaps or resolving conflicts. Strong problem-solving skills help you effectively address issues, propose solutions, and make informed decisions.
• Communication Skills: Effective communication is crucial for internal auditors to interact with stakeholders, present audit findings, and provide recommendations. You should be able to convey complex information clearly, both verbally and in writing, and adapt your communication style to different audiences.
• Ethical Conduct: Upholding ethical standards is paramount in the Internal Audit department. You must demonstrate integrity, objectivity, and confidentiality in handling sensitive information and conducting audits. Adhering to professional codes of ethics, such as those defined by the Institute of Internal Auditors (IIA), is essential.
• Knowledge of Internal Audit Standards: Familiarity with the International Standards for the Professional Practice of Internal Auditing (Standards) published by the IIA is important. Understanding these standards helps ensure that audits are conducted in accordance with recognized professional guidelines.
• IT and Data Analytics: With the increasing use of technology in business processes, knowledge of information technology systems and data analytics tools is valuable. This enables you to assess IT controls, perform data analysis, and identify potential risks and control weaknesses.
• Time Management and Organization: Internal auditors often work on multiple audits simultaneously, requiring effective time management and organization skills. You should be able to prioritize tasks, meet deadlines, and manage competing priorities to ensure efficient and timely completion of audits.
• Interpersonal and Collaboration Skills: Internal auditors frequently collaborate with colleagues, process owners, and management. Strong interpersonal skills help build positive working relationships, facilitate effective communication, and navigate potential conflicts.

HOW TO APPLY FOR THE WALK IN INTERVIEW?

To apply for the DMart (Walk in) Interview Candidate need to walk in to the Venue that is given below.

FOR CHENNAI LOCATION INTERESTED CANDIDATES CAN WALK-IN DIRECTLY TO THE BELOW VENUE FOR INTERVIEW

DMart (walk-in) – Frequently Asked Question?

What is DMart Selection Process?

The selection process will be based on a Written test followed by Technical and HR interviews.

What is the average salary at Electricpe for freshers?

The average of 2 LPA – 3.5 LPA is based on the reports of Glassdoor and Ambition Box.

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Disclaimer

The Recruitment Information Provided above is for Informational Purposes only . The above Recruitment Information has been taken from the official site of the Organisation. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company. We don’t charge any fee for providing this job Information.