Mumbai

Experience : 1 - 3 years

Job Summary To independently examine and evaluate the financial, operational, and administrative activities of the Co-operative Society, ensuring compliance with applicable Co-operative Acts, Rules, By-laws, and statutory requirements, and safeguarding members interests.

Job Responsibilities

Audit & Assurance:

- Conduct periodic internal audits of accounts, transactions, and records.
- Verify cash, bank balances, fixed assets, inventories, loans, advances, and investments.
- Review income and expenditure for accuracy and authorization.
- Ensure proper maintenance of books of accounts and supporting documents.

Compliance & Governance:

- Ensure compliance with Co-operative Societies Act, Rules, By-laws, and Registrar s directives.
- Review adherence to policies approved by the Managing Committee.
- Verify statutory payments, returns, and filings.

Risk Management & Internal Controls:

- Evaluate internal control systems and identify risks and irregularities.
- Recommend corrective and preventive measures.
- Monitor implementation of audit observations.

Reporting:

- Prepare detailed audit reports with findings and recommendations.
- Present reports to the Managing Committee / Audit Committee.
- Maintain audit documentation and working papers.





Advisory Role:

- Guide management on financial discipline and best practices.
- Assist during statutory or external audits.
- Support fraud detection and investigation when required.

Qualifications and Skills

Educational Qualification:

- Bachelor s degree in Commerce, Accounting, Finance, or related field.
- CA / CMA / CS / M.Com preferred.

Experience:

- Relevant experience in internal audit, preferably in Co-operative Societies or financial institutions.

Skills & Competencies:

- Knowledge of accounting principles and audit standards.
- Understanding of Co-operative laws and regulations.
- High integrity and attention to detail.
- Robust analytical and communication skills.
- Proficiency in MS Excel and accounting software.

Code of Conduct:

- Maintain confidentiality of records and member information.
- Act independently and avoid conflicts of interest.
- Uphold ethical and professional standards.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

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