The Assistant Vice-President (VP) for Sarbanes-Oxley (SOX) Audit oversees the SOX compliance process, which ensures compliance with the regulations. They manage audit teams, conduct risk assessments and create audit plans. The VP works with internal departments to establish procedures and controls, and communicates audit findings to the top management. The ability to think critically and solve problems are required, as is an ability to communicate effectively and lead. A bachelor's degree in accounting or a related field, along with years of experience in auditing, is usually required to be a successful candidate for this position.

The Assistant Vice President (VP), Sarbanes-Oxley (SOX) Audit role is expected to witness substantial growth in the Indian market. Over the past 10 years, this job role has experienced a consistent upward trend in demand, reflecting the increasing emphasis on regulatory compliance and internal controls. With organizations prioritizing SOX compliance, the demand for professionals in this field is expected to continue rising. Furthermore, the growing complexity of business operations and heightened scrutiny from stakeholders will likely contribute to a surge in employment opportunities for Assistant VPs in SOX Audit in the future.

How to Learn

As an Assistant Vice President VP, Sarbanes-Oxley SOX Audit with 3-6 years of experience in India, your main responsibilities include:<ul><li> Conduct comprehensive review and evaluation of internal controls to assess compliance with SOX requirements, identifying gaps and recommending improvements. Review internal control documentation and conduct testing to ensure compliance with SOX regulations.</li><li> Develop and implement risk-based audit plans to evaluate the effectiveness of controls, assess operational efficiency, and mitigate financial risks. Plan and execute audits, including conducting interviews, gathering evidence, and analyzing data to assess control effectiveness.</li><li> Monitor and track remediation activities related to identified control deficiencies, and provide recommendations for control enhancements. Collaborate with management to develop remediation plans and provide ongoing guidance to ensure timely resolution of control deficiencies.</li><li> Stay updated with regulatory changes, industry best practices, and emerging trends in internal controls and SOX compliance.</li></ul>

Roles & Responsibilities

Average take home Salary for a Assistant Vice President (VP), Sarbanes-Oxley (SOX) Audit in India is around ₹2662613 per year

Salary Breakup

The Assistant Vice-President (VP) for Sarbanes-Oxley (SOX) Audit oversees the SOX compliance process, which ensures compliance with the regulations. They manage audit teams, conduct risk assessments and create audit plans.

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Assistant Vice President (VP), Sarbanes-Oxley (SOX) Audit

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