07 Sep
|
Iconic Fashion India
|
Haryana
07 Sep
Iconic Fashion India
Haryana
ROLE PURPOSE
The Manager / Senior Manager – Internal Audit will be responsible for managing and strengthening the Internal Audit function across the organization, with primary focus on retail store audits, inventory and stock controls, cash and financial processes, SOP compliance, risk identification, and loss prevention.
The role will lead the audit team, plan and execute audits across stores and business locations.
KEY RESPONSIBILITIES
1. Internal Audit Planning & Execution
- Develop and execute quarterly audit plans.
- Plan and conduct audits across retail stores, warehouses, and other business locations.
- Conduct surprise audits
- Maintain an effective audit calendar and ensure timely completion.
2. Retail Store Audits
- Audit key store processes including billing, cash handling, discounts, returns/refunds, void transactions, manual bills, payments, and approvals.
- Identify operational leakages, control weaknesses, policy violations, and potential revenue loss.
- Ensure adherence to approved store processes and internal controls.
3. Stock & Inventory Audit
- Lead physical stock audits across stores, warehouses, and inventory locations.
- Reconcile physical stock with system inventory and investigate variances.
- Review stock shortages /excesses, damages, negative inventory, transfers, and missing stock.
- Analyze stock loss trends and identify high-risk stores, categories, or processes.
- Recommend corrective and preventive measures to strengthen inventory controls.
4. SOP Compliance & Process Controls
- Review adherence to company SOPs, policies, approval matrices, and internal controls, Identify process gaps and recommend improvements.
- Support development and revision of SOPs for critical business processes.
- Conduct SOP compliance audits and track corrective actions.
5. Team Leadership
- Lead, manage, train, and mentor the Internal Audit team.
- Allocate audits and ensure optimum utilization of team resources.
- Set KRAs, monitor performance, and bu
📌 Senior Manager Internal Audit (Haryana)
🏢 Iconic Fashion India
📍 Haryana