To strengthen internal controls, ensure regulatory and process compliance, and enhance operational efficiency through systematic audits, risk assessment, and process improvement initiatives. The role focuses on identifying control gaps, recommending corrective actions, and supporting business functions in implementing robust governance practices.
Desired Candidate Profile:
- Qualified Inter CA or Chartered Accountant with relevant experience in internal audit.
- Strong understanding of audit processes, internal controls, and compliance frameworks.
- Experience in handling audits related to finance, payments, payroll, and operational processes.
- Exposure to ERP systems and audit tools is preferred.
- Ability to work collaboratively across departments and manage multiple stakeholders.
- Solid analytical mindset with attention to detail and problem-solving capability.
Role & Responsibilities:
- Conduct expense audits to ensure adherence to regulatory requirements and internal processes.
- Perform payment audits in line with defined Standard Operating Procedures (SOPs).
- Review payroll, incentives, and employee reimbursements to ensure accuracy and compliance.
- Evaluate credit notes and special transactions recorded in customer and vendor ledgers.
- Review and validate special schemes offered to customers in the domestic market.
- Monitor compliance across departments, especially in identified risk areas.
- Develop and update SOPs wherever required to strengthen process governance.
- Assess process and system controls, and recommend improvements where necessary.
- Coordinate with external audit agencies to ensure timely completion of internal audits and Action Taken Reports (ATRs).
- Support external auditors by providing required data, process clarity, and control documentation.
- Ensure in-house audit activities are conducted efficiently and within defined timelines.
- Identify opportunities for cost optimization, cost control, and process autom