Job DescriptionThe Internal Auditor in the Finance department, specializing in Accounts Payable, is responsible for ensuring the accuracy, integrity, and compliance of the accounts payable processes within the organization. This role involves conducting audits, assessing internal controls, and providing recommendations to enhance efficiency and mitigate risks related to accounts payable functions.

NKey Responsibilities:

NAccounts Payable Audits:

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- Conduct regular audits of accounts payable processes to ensure accuracy and compliance with policies and procedures.
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- Review invoices, purchase orders, and payment records for completeness and accuracy.
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nInternal Controls:

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- Assess the effectiveness of internal controls related to accounts payable.
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- Identify and address control weaknesses and recommend and implement improvement measures.
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nInvoice Processing:

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- Review the entireinvoice processing cycle, from receipt to payment, to identify potential errors or fraudulent activities.
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- Review and improve payment life cycle
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- Ensure adherence to approval workflows and authorization procedures.
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nVendor Compliance:

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- Verify and maintain vendor master data for accuracy and completeness.
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- Assess vendor compliance with contractual terms and conditions.
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nExpense Reporting:

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- Audit employee expense reports for accuracy and adherence to company policies.
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- Review of expenses billable to clients and minimize the leakage
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- Identify and address discrepancies in expense reporting.
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- Documentation and Recordkeeping:
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- Maintain organized and comprehensive documentation of accounts payable transactions.
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- Ensure proper recordkeeping and retention of invoices, receipts, and related documents.
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nProcess Improvement & Automation

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- Collaborate with Multi Location Accounts Payable teams to identify opportunities for process improvement.
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- Implement and communicate best practices to enhance efficiency and reduce risks.
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- Work towards automationof processes to remove duplication of work
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nCommunication and Reporting:

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- Communicate auditfindings and recommendations to the Accounts Payable team and management.
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nQualifications:

NCA with relevant experience

NSpecific experience in auditing accounts payable processes.

NIn-depth knowledge of accounts payable principles, procedures, and relevant regulations.

NStrong analytical and problem-solving skills.

NAttention to detail and acommitment to accuracy.

NExcellent communication and interpersonal skills.

📌 Internal Auditor (Alibag)
🏢 Vahura
📍 Alibag