The Senior Internal Auditor will lead independent operational and compliance audits for the company’s Supply Chain and Manufacturing functions. This role is responsible for executing the full audit lifecycle—from planning and fieldwork to reporting and follow-up—with a primary focus on internal controls, risk mitigation, and process efficiency related to high-value assets (precious metals and stones).

Key Responsibilities

Audit Management & Execution

- Lead Fieldwork: Independently lead and execute audit engagements across manufacturing units, warehouses, and procurement/logistics departments.

Manage audit timelines and deliverables.
- Risk Assessment: Perform process walkthroughs and risk assessments to identify inherent risks and control gaps in complex business processes (e.g.,

gold/stone inventory management, production yield controls, procurement cycle).
- Control Testing: Design and execute detailed audit tests on the operating effectiveness of key financial and operational controls to ensure compliance with company policies and procedures.
- Jewelry-Specific Focus: Focus heavily on the physical security, custody, and accountability of precious raw materials to prevent fraud and loss at all stages of the manufacturing cycle.

Data Analysis and Reporting





- Analytical Testing: Apply strong analytical skills using advanced MS Excel

(VLOOKUPs, pivot tables, data modeling) to analyze large datasets from ERP systems for variance analysis, trend spotting, and identification of unusual transactions.
- ERP Utilization: Proficiently extract, query, and interpret data from the core ERP system (SAP/Oracle/Energetic 365) to support and validate audit findings.
- Reporting: Prepare structured, high-quality audit reports detailing findings,

quantifying the risk exposure, and proposing practical, cost-effective corrective action plans.
- Stakeholder Communication: Present audit observations and final recommendations clearly to departmental management and process owners.

Compliance and Process Improvement

- Sourcing Compliance: Verify internal compliance with critical industry regulations, including documentation for ethical sourcing standards

(RJC/Kimberly Process) and local statutory laws (GST, Customs, Labor).
- Follow-up: Manage the continuous follow-up process, tracking management action plans, and conducting verification procedures to confirm the sustained remediation of control weaknesses.

📌 Senior Internal Auditor (Mumbai)
🏢 CaratLane - A TATA Product
📍 Mumbai