Job Description – Audit Executive (General Ledger Audit – Small Finance Bank)

Audit Executive – General Ledger Audit

Location - Belapur, Navi Mumbai

Experience:* 1–3 Years

*Qualification:*

* B.Com / M.Com / MBA (Finance) / CA Inter / CMA Inter

* Experience in banking audit will be preferred.

## Job Summary

We are looking for a detail-oriented Audit Executive to perform General Ledger (GL) audits of a Small Finance Bank. The candidate will be responsible for reviewing accounting entries, validating GL balances, identifying unusual transactions, ensuring compliance with RBI guidelines, and assisting in preparation of audit reports.

## Key Responsibilities

### General Ledger Audit

* Verify daily General Ledger (GL) transactions.

* Review debit and credit entries for accuracy.

* Identify unusual, suspense, and abnormal balances.

* Verify proper accounting of income and expenditure.

* Review manual journal entries and supporting documents.

* Check inter-branch and office account reconciliations.

* Verify suspense accounts, sundry assets, and sundry liabilities.

* Review outstanding and long-pending entries.

### Compliance Review

* Ensure compliance with RBI Master Directions and bank policies.

* Verify adherence to accounting standards and internal controls.

* Review GL mappings and account classifications.

* Report deviations from accounting policies.

### Reconciliation & Analysis

* Review GL reconciliation statements.

* Verify ageing of unreconciled balances.

* Analyse movement in major GL heads.

* Review month-end and year-end adjustment entries.

### Documentation

* Prepare audit working papers.

* Maintain audit evidence and supporting documents.





* Draft audit observations with root cause and recommendations.

* Assist in preparation of audit reports.

### Coordination

* Coordinate with branch and HO finance teams.

* Follow up for pending documents and responses.

* Discuss audit observations with concerned officials.

## Required Skills

* Good understanding of accounting principles.

* Knowledge of banking operations.

* Understanding of General Ledger accounting.

* Analytical and problem-solving skills.

* Good communication skills.

* Proficiency in Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, filtering, data analysis).

* Ability to work independently and meet deadlines.

## Preferred Skills

* Experience in Bank Concurrent Audit, Statutory Audit, or Internal Audit.

* Knowledge of CBS (Finacle/FinOne/infor or similar Core Banking Systems).

* Familiarity with RBI circulars applicable to banks.

* Experience in GL scrutiny and reconciliation.

## Key Areas of Review

* Income Leakage

* Interest Accounting

* Suspense Accounts

* Office Accounts

* Sundry Assets & Liabilities

* Inter Branch Accounts

* Provision Entries

* Manual Journal Entries

* Exceptional Transactions

* Reversal Entries

* Dormant GLs

* Expense Booking

* Revenue Recognition

## Deliverables

* Daily/Weekly GL Review Sheet

* Exception Report

* GL Reconciliation Review

* Audit Working Papers

* Risk Observation Report

* Monthly Audit Report

## Preferred Candidate Profile

* Robust attention to detail.

* High level of integrity and confidentiality.

* Ability to analyse large volumes of accounting data.

* Willingness to travel to branches, if required.

* Team player with a proactive approach.

Pay: ₹25,000.00 - ₹35,000.00 per month

Work Location: In person

📌 Audit Executive (Navi Mumbai)
🏢 Long Shot Assignment
📍 Navi Mumbai