Job Purpose
To independently evaluate and improve the effectiveness of internal controls, risk management, and governance processes across real estate development projects, corporate functions, and statutory compliances, ensuring operational efficiency, cost control, and regulatory adherence.
Key Responsibilities
Audit & Assurance
Conduct internal audits of ongoing and completed real estate projects (Residential / Commercial / Mixed-use).
Review project cost controls, budgets, BOQs, RA bills, variation orders, and certifications.
Audit Procure-to-Pay (P2P), Order-to-Cash (O2C), and Record-to-Report (R2R) processes.
Evaluate contract management, tendering, vendor selection, and approval processes.
Verify site-level controls, material consumption, wastages, and inventory management.
Perform surprise audits at project sites and warehouses.
Financial & Process Controls
Assess adequacy and effectiveness of internal control systems.
Review delegation of authority (DOA) and compliance with SOPs.
Validate revenue recognition, customer collections, discounts,



and incentives.
Review CRM systems, sales processes, and booking controls.
Monitor compliance with approved budgets and management approvals.
Compliance & Regulatory Audit
Ensure compliance with:
RERA regulations
GST, TDS, Income Tax
Companies Act, 2013
Labour laws (Contract labour, PF, ESIC)
Environmental and statutory approvals
Review statutory filings and documentation.
Risk Management
Identify financial, operational, legal, and fraud risks.
Recommend risk mitigation strategies.
Assist in development and review of Risk Control Matrices (RCM).
Track closure of audit observations and management action plans.
Technology & Systems Audit
Audit ERP systems ( In4 / Snipe IT / Sales Force).
Review access controls, maker-checker controls, and data integrity.
Evaluate system-driven controls and automation effectiveness.
Reporting & Coordination
Prepare

📌 Internal Auditor Mumbai
🏢 Chandakgroup
📍 Mumbai