Astral Consulting Limited is a Coimbatore-based consulting firm with over three decades of experience in Assurance, Consulting, Outsourcing and Forensic Services. We work with organisations across industries to strengthen financial controls, improve operational efficiency and enhance governance.

We are currently looking for an experienced Engagement Lead – Financial Controls & Verification to lead an outsourced concurrent verification assignment at a large manufacturing company in Coimbatore.

Job Summary The Engagement Lead will be responsible for managing a team engaged in pre-payment verification and pre-release Purchase Order (PO) verification. The role involves reviewing transactions, ensuring adherence to approved SOPs and SLAs, handling exceptions, coordinating with client stakeholders and maintaining the quality and timeliness of verification activities.

The successful candidate should possess strong accounting and financial control knowledge, excellent analytical skills and the ability to manage a high-volume verification environment.

Key Responsibilities

1. Team Management & Operations

- Lead and supervise a team of Senior Analysts and Analysts responsible for payment and PO verification.
- Allocate daily workloads and monitor completion within prescribed turnaround times.
- Review the quality and accuracy of verification performed by team members.
- Provide guidance and training to team members on verification procedures and accounting matters.
- Ensure adequate coverage during peak periods and urgent payment requirements.

2. Pre-Payment Verification

- Oversee verification of vendor invoices and other payment transactions before processing.
- Ensure appropriate matching of invoices with Purchase Orders, Goods Receipt Notes (GRNs) and supporting documentation.
- Review accounting entries, financial dimensions, GST, TDS and other applicable statutory deductions.
- Examine advance payments, settlements,



payment terms and other relevant financial controls.
- Identify discrepancies, control weaknesses and potential financial exposures.
- Ensure exceptions are appropriately documented and referred to the concerned client personnel.

3. Pre-Release Purchase Order Verification

- Oversee verification of Purchase Orders before their release to vendors.
- Review compliance with the approved SOP, delegation of authority and applicable approval workflows.
- Verify vendor details, quotations, rates, quantities, payment terms, delivery schedules and other commercial conditions.
- Review budget availability, CAPEX/REVEX classification and relevant supporting approvals.
- Ensure appropriate verification of service orders, amendments, emergency purchases and other specified transactions.
- Identify discrepancies and coordinate with the Purchase Department for clarification and resolution.

4. Client Coordination & Stakeholder Management

- Act as the primary operational point of contact between Astral and the client.
- Coordinate with the Accounts, Purchase, Stores and Finance teams for resolution of exceptions.
- Escalate high-value, sensitive and unresolved matters to the appropriate client authorities.
- Participate in periodic review meetings and discuss significant observations and recurring control issues.
- Maintain professional communication with client stakeholders.

5. Reporting & Process Improvement

- Prepare and review daily, weekly and monthly MIS reports.
- Monitor verification volumes, turnaround times, pending transactions and exception trends.




- Analyse recurring observations and identify opportunities for strengthening preventive controls.
- Ensure proper maintenance of verification checklists, exception registers and supporting records.
- Recommend practical improvements to verification procedures and operational workflows.

6. SOP, SLA & Compliance

- Ensure strict adherence to the approved Standard Operating Procedures (SOPs) and Service Level Agreements (SLAs).
- Ensure that all verification activities are performed consistently and supported by an appropriate audit trail.
- Ensure that discrepancies are returned or escalated through the agreed system and communication channels.
- Maintain confidentiality of client information and ensure compliance with applicable data security protocols.

Required Skills & Competencies
- Strong knowledge of accounting principles, accounts payable and financial controls.
- Good understanding of GST, TDS, vendor payments, advances and purchase processes.
- Experience in invoice verification, PO scrutiny, approval workflows and exception management.
- Working knowledge of ERP systems; Microsoft Dynamics 365 (D365) experience will be preferred.
- Strong analytical, problem-solving and decision-making abilities.
- Excellent communication, coordination and team management skills.
- Ability to work under time constraints while maintaining accuracy and professional standards.
- Proficiency in MS Excel and preparation of MIS reports.

Work Setting
- On-site deployment at the client's premises in Coimbatore.
- Six-day working week.
- Standard working hours, with flexibility to support urgent payment requirements when necessary.
- The role involves managing substantial transaction volumes and ensuring timely verification in accordance with agreed SLAs.

Pay: ₹420,000.00 - ₹480,000.00 per year

Work Location: In person

📌 Engagement Lead – Financial Controls & Verification (Rakkiyapalayam)
🏢 B M AND ASSOCIATES
📍 Rakkiyapalayam