Roles and Responsibilities

1. Internal Audit & Risk Management

- Develop and execute annual risk-based audit plans aligned with organizational objectives.
- Conduct operational, financial, compliance, and special audits across business functions.
- Identify process gaps, control weaknesses, and business risks, and recommend corrective actions.
- Monitor implementation of audit recommendations and closure of audit observations.
- Present audit findings and risk assessments to senior management and Audit Committee.

2. Supply Chain Management (SCM) Audit

- Audit procurement, sourcing, vendor management, contract management, and purchasing processes.
- Review adherence to procurement policies, approval matrix, and delegation of authority.
- Evaluate supplier selection procedures, vendor performance, and procurement efficiencies.
- Verify inventory planning, logistics operations, warehousing practices, and material movement controls.
- Identify cost-saving opportunities and potential leakages within the supply chain.

3. Manufacturing & Operations Audit

- Conduct audits of production planning, manufacturing processes, capacity utilization, and productivity.
- Review BOM compliance, yield analysis, rejection trends, rework, scrap management, and process efficiencies.
- Assess operational controls related to production, maintenance, quality assurance, and engineering.
- Evaluate compliance with SOPs, operational standards, ISO requirements, and safety norms.
- Analyze manufacturing costs and efficiency parameters for continuous improvement.

4. Finance & Accounts Audit

- Audit General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Treasury, and Taxation functions.
- Review accuracy and completeness of financial records and transactions.
- Assess effectiveness of Internal Financial Controls (IFC)



and financial governance processes.
- Validate compliance with accounting standards, GST, Income Tax, Companies Act, and other statutory requirements.
- Review budgetary controls, cost management practices, and financial reporting systems.

5. Inventory & Warehouse Audit

- Conduct periodic audits and physical verification of raw materials, WIP, finished goods, and spare inventories.
- Monitor inventory reconciliation, stock accuracy, and ERP-based inventory controls.
- Review inventory aging, slow-moving, non-moving, and obsolete stock management.
- Identify deficiencies in stock management processes and recommend corrective measures.

6. Commercial & Business Process Audit

- Evaluate commercial transactions, sales orders, pricing controls, customer contracts, and revenue processes.
- Review credit management, collection controls, and commercial compliance procedures.
- Audit channel partner processes, distributor management, and business controls where applicable.
- Ensure transparency and governance in commercial operations.

7. Compliance, Governance & Statutory Audit

- Ensure adherence to company policies, SOPs, statutory regulations, and corporate governance requirements.
- Review compliance with internal policies and external regulatory frameworks.
- Coordinate with statutory auditors, internal stakeholders, and regulatory authorities as required.
- Support enterprise-wide risk assessment and compliance monitoring activities.

8.



Fraud Investigation & Control Monitoring

- Lead investigations into suspected frauds, financial irregularities, and policy violations.
- Conduct root-cause analysis and recommend preventive and corrective actions.
- Strengthen fraud risk management framework and preventive controls.

9. ERP, Systems & Process Improvement

- Evaluate ERP controls, system authorizations, user access management, and process automation effectiveness.
- Utilize data analytics and technology-enabled audit techniques for enhanced audit coverage.
- Recommend process improvements and control enhancements to support business efficiency.
- Drive continuous improvement initiatives across business processes.

10. Leadership & Stakeholder Management

- Lead, mentor, and develop internal audit team members.
- Collaborate effectively with SCM, Operations, Finance, HR, IT, Manufacturing, and Commercial teams.
- Build a culture of compliance, accountability, operational excellence, and continuous improvement.
- Act as a trusted advisor to business leadership on risk, control, and governance matters.

11. Project & Capex Audits

- Review EPC projects, solar installations, plant expansions, and capital expenditure programs.
- Monitor project costs, milestone achievements, contractual obligations, and resource utilization.
- Evaluate internal controls over project execution and payment certifications.

Educational Qualifications

- CA / CMA (Preferred)
- MBA (Finance) / M.Com / B.Com or equivalent qualification from a recognized institution.
- CIA / CISA / CPA certifications will be an added advantage.

Experience

- 18-20+ years of experience leading Internal Audit functions within Manufacturing, Electronics, Electrical Equipment, EMS, Auto Components, or similar industries.

📌 Job_Internal Auditor (Jaipur)
🏢 WOW Softech
📍 Jaipur