Role Objective:
To evaluate Head Office functions including finance, treasury, accounting controls, and regulatory reporting to ensure financial integrity, governance compliance, and risk mitigation.
Key Role & Responsibilities:
Treasury Audit
Review borrowing structure and fund utilization.
Verify compliance with sanction terms from banks/NBFC lenders.
Monitor interest calculations and covenant compliance.
Audit ALM reporting and liquidity position.
Verify investment transactions and fixed deposit placements.
Accounts & Finance Audit
Scrutiny of General Ledger, Trial Balance & P&L; and Balance Sheet schedules
Review provisioning calculations.
Verify income recognition practices.
Check write-offs and technical write-offs with DOP delegation.
Review expense controls and authorization.
Review of TDS & GST with reconciliation.
Fixed assets review with accounting register and their treatment.
Audit of Employee incentive payouts as per Policy.
Review of DSA payouts as per the agreement.
Ledger Scrutiny & Control Review




Review suspense accounts & clearing accounts.
Identify unusual journal entries.
Verify manual adjustments and back-dated entries.
Bank Reconciliation Audit
Verify monthly Bank Reconciliation Statements (BRS).
Check long pending entries.
Investigate unusual debit/credit entries.
Confirm balances with banks periodically.
Regulatory Reporting & Compliance
Review returns submitted to:
Reserve Bank of India
Credit Information Companies (CICs)
Verify statutory compliance filings.
Review compliance with Companies Act (if applicable).
Vendor & Outsourcing Audit
Review vendor payments and agreements.
Assess outsourcing risk framework.
Ensure compliance with RBI Outsourcing Guidelines.
Key Skills:
Robust knowledge of accounting standards.
Understanding of treasury and fund management.
Expertise in financial statement analysis.
Advanced Excel & data analytics capability.
Knowledge of regulatory reporting norms.

📌 Internal Audit Manager Ahmedabad
🏢 Ratnaafin
📍 Ahmedabad