Job Purpose To evaluate and strengthen internal controls, ensure compliance with company policies and SOPs, verify the accuracy of financial and operational records, and identify process improvement opportunities. The role will be responsible for conducting internal audits, Fixed Asset Register (FAR) reviews, SOP reviews, compliance checks, and risk assessments across departments.

Key Responsibilities

1. Fixed Asset Register (FAR) Review

- Verify the completeness and accuracy of the Fixed Asset Register.
- Conduct physical verification of fixed assets and reconcile with FAR records.
- Check capitalization, asset tagging, transfers, disposals, and depreciation practices.
- Identify untagged, idle, obsolete, or missing assets.
- Ensure compliance with company policy and applicable accounting standards.

2. SOP & Process Audits

- Review SOPs across departments for adequacy and effectiveness.
- Verify whether departmental activities are being performed as per approved SOPs.
- Identify process gaps, control weaknesses, and non-compliance issues.
- Recommend process improvements and control enhancements.
- Monitor implementation of corrective actions.

3. Internal Control Review

- Assess the effectiveness of internal controls across Finance, Purchase, Stores, Sales, HR, and Operations.
- Test key controls and document audit observations.
- Review approval matrices, authority limits, and segregation of duties.
- Identify potential fraud risks and control deficiencies.

4. Compliance Audits

- Review compliance with company policies and statutory requirements.
- Verify GST, TDS, inventory, procurement, and payment-related controls.
- Check adherence to delegation of authority and approval procedures.
- Evaluate compliance with management directives and audit recommendations.

5. Operational Audits

- Conduct audits of procurement, inventory management, manufacturing, sales, and finance processes.
- Review transaction samples and supporting documents.
- Identify inefficiencies, leakages, and operational risks.




- Suggest measures for cost control and process optimization.

6. Audit Reporting

- Prepare detailed audit reports highlighting observations, risks, root causes, and recommendations.
- Discuss findings with department heads and management.
- Track closure of audit observations.
- Present periodic audit status reports to management.

7. Expense Audit & Financial Review

- Review revenue and expense bookings to ensure accuracy, completeness, and adherence to accounting policies.
- Verify that expenses are supported by appropriate documentation and approvals.
- Examine expense classifications and cost allocations to identify misclassifications or unusual transactions.
- Conduct periodic scrutiny of major expense heads such as Travel, Repairs & Maintenance, Marketing, Freight, Employee Expenses, Qualified Fees, and Administrative Expenses.
- Review provisions, accruals, and month-end journal entries for correctness.
- Identify opportunities for cost optimization and control improvements.
- Verify compliance with budgetary controls and management-approved spending limits.
- Highlight abnormal trends, duplicate payments, or policy deviations for management review.
- Qualifications
- CA inter /M.Com with relevant internal audit experience may also be considered.
- Experience of working on CA firm will be preferred.
- Experience
- 3-8 years of experience in Internal Audit, Risk Management, or Finance Controls.
- Experience in manufacturing companies preferred.
- Exposure to ERP systems such as SAP, Oracle, Microsoft Dynamics, or Finsys.
- Required Skills
- Strong knowledge of Internal Audit methodologies.
- Understanding of accounting principles and internal controls.
- Experience in FAR verification and asset audits.
- SOP drafting and process review capabilities.
- Knowledge of GST, TDS, and financial controls.
- Strong analytical and report-writing skills.
- Good communication and stakeholder management skills.
- Proficiency in Excel, ERP systems, and data analysis.

Pay: ₹50,000.00 - ₹60,000.00 per month

Work Location: In person

📌 Internal Auditor (Sonipat)
🏢 RKS Future Solution
📍 Sonipat