JOB TITLE: Audit Manager
DEPARTMENT: Audit / Finance
REPORTING TO: Director / CFO / Management
Key Responsibilities:
- Internal Audit Management
- Plan and conduct internal audits across all hospital departments.
- Ensure compliance with hospital policies, NABH standards, and statutory regulations.
- Financial Audit & Control
- Verify billing, cash handling, and revenue processes (IPD/OPD).
- Monitor financial records, transactions, and identify discrepancies.
- Compliance & Risk Management
- Ensure adherence to legal, financial, and healthcare compliance standards.
- Identify risks and recommend corrective actions.
- Process Improvement
- Evaluate existing systems and suggest improvements for efficiency and cost control.
- Implement internal control systems to prevent fraud and errors.
- Departmental Coordination
- Coordinate with Billing, Pharmacy, HR, Accounts, and other departments for audit activities.
- Conduct surprise audits and stock verification (pharmacy, stores,
etc.).
- Reporting & Documentation
- Prepare audit reports and present findings to management.
- Maintain proper documentation of audit observations and corrective actions.
- Revenue Leakage Control
- Identify and prevent revenue leakages in hospital operations.
- Monitor discounts, approvals, and billing accuracy.
- Training & Awareness
- Train staff on audit processes, compliance, and best practices.
- Vendor & Inventory Audit
- Audit vendor bills, purchase processes, and inventory management.
- Ensure proper stock control and minimize wastage.
- Follow-up & Closure
- Ensure timely implementation of audit recommendations.
- Track corrective actions and closure of audit points.