JOB DESCRIPTION INTERNAL AUDITOR

Department: Internal Audit / Compliance
Designation: Internal Auditor
Location: Factory / Corporate Office
Reporting To: Management / Director / Finance Head

Job Purpose

To independently review and monitor company processes, records, inventory, production, purchases, sales, finance and HR systems to identify errors, control weaknesses, wastage, financial leakage and non-compliance, and to provide practical improvement recommendations to management.

Key Responsibilities

1. Factory & Production Audit

- Conduct regular department-wise internal audits.
- Verify production records against actual production.
- Check cutting, stitching, finishing, packing and dispatch records.
- Identify production wastage, rejection, rework and material leakage.
- Verify piece-rate and worker production/payment records.
- Check line-wise and style-wise production data.

2. Inventory & Store Audit

- Conduct physical stock verification of fabric, trims, accessories, finished goods and packing material.
- Reconcile physical stock with ERP/Excel records.
- Check material issue, return and transfer records.
- Identify shortage, excess, dead stock and unauthorized usage.
- Monitor stock control procedures.

3. Purchase & Vendor Audit

- Verify purchase orders, quotations, invoices and approvals.
- Check vendor bills against actual receipt of goods/services.
- Review rate differences and unusual purchases.
- Identify duplicate, excess or unauthorized payments.

4. Finance & Cash Audit

- Check cash transactions, expenses and supporting documents.
- Verify bills, vouchers and payment approvals.
- Review outstanding advances and employee/vendor balances.




- Identify financial irregularities and control weaknesses.

5. HR & Payroll Audit

- Verify attendance, overtime, leave and salary records.
- Check employee master data and payroll calculations.
- Verify contractor/manpower bills with actual attendance.
- Review compliance with company HR policies.

6. Dispatch & Sales Audit

- Verify finished goods against dispatch documents.
- Check invoice, packing list and dispatch quantity.
- Verify returns, shortages and damages.
- Review sales/stock reconciliation where applicable.

7. Compliance & SOP Audit

- Ensure departments follow approved SOPs and company policies.
- Identify deviations and prepare audit observations.
- Follow up on corrective actions until closure.

Audit Reporting

- Prepare Daily/Weekly/Monthly Internal Audit Reports.
- Highlight critical financial, operational and compliance risks.
- Maintain audit observation and corrective-action tracker.
- Present major findings to Management/Director.
- Conduct follow-up audits to verify corrective action.

Key Skills Required

- Strong knowledge of internal audit and control systems.
- Good knowledge of garment manufacturing processes.
- Knowledge of inventory, production, costing and payroll.
- Strong analytical and problem-solving skills.
- Excellent Excel/MIS knowledge.
- Good documentation and reporting skills.
- Ability to identify fraud, leakage and process gaps.
- Solid communication and coordination skills.
- Should be independent, honest and detail-oriented.

Qualification & Experience

- Qualification: B.Com / M.Com / CA Inter / MBA Finance / equivalent.
- Experience: 3–7 years in Internal Audit, Factory Audit, Finance Audit or Manufacturing Audit.
- Garment/textile manufacturing experience will be preferred.

📌 Internal Auditor (Ludhiana)
🏢 York Exports
📍 Ludhiana