Experience : 1 - 3 years

Job Summary

To independently examine and evaluate the financial, operational, and administrative activities of the Co-operative Society, ensuring compliance with applicable Co-operative Acts, Rules, By-laws, and statutory requirements, and safeguarding members’ interests.

Job Responsibilities

Audit & Assurance:

- Conduct periodic internal audits of accounts, transactions, and records.
- Verify cash, bank balances, fixed assets, inventories, loans, advances, and investments.
- Review income and expenditure for accuracy and authorization.
- Ensure proper maintenance of books of accounts and supporting documents.

Compliance & Governance:

- Ensure compliance with Co-operative Societies Act, Rules, By-laws, and Registrar’s directives.
- Review adherence to policies approved by the Managing Committee.
- Verify statutory payments, returns, and filings.

Risk Management & Internal Controls:

- Evaluate internal control systems and identify risks and irregularities.
- Recommend corrective and preventive measures.
- Monitor implementation of audit observations.

Reporting:

- Prepare detailed audit reports with findings and recommendations.
- Present reports to the Managing Committee / Audit Committee.
- Maintain audit documentation and working papers.

Advisory Role:

- Guide management on financial discipline and best practices.
- Assist during statutory or external audits.




- Support fraud detection and investigation when required.

Qualifications and Skills

Educational Qualification:

- Bachelor’s degree in Commerce, Accounting, Finance, or related field.
- CA / CMA / CS / M.Com preferred.

Experience:

- Relevant experience in internal audit, preferably in Co-operative Societies or financial institutions.

Skills & Competencies:

- Knowledge of accounting principles and audit standards.
- Understanding of Co-operative laws and regulations.
- High integrity and attention to detail.
- Strong analytical and communication skills.
- Proficiency in MS Excel and accounting software.

Code of Conduct:

- Maintain confidentiality of records and member information.
- Act independently and avoid conflicts of interest.
- Uphold ethical and qualified standards.

Our Core Values

At Lokmanya, we believe that a career should be more than just a job; it should be a passion-driven adventure that brings out the best in you. We are not just a company; we are a community of like-minded individuals united by a common purpose: to make a meaningful impact on the world.

At Lokmanya, our core values are the heartbeat of our culture and the driving force behind everything we do. They define who we are as a company and guide our decisions, actions, and interactions with our customers, employees, and partners.

📌 Internal Auditor (India)
🏢 Lokmanya Multipurpose Co-Op. Society
📍 India