Executive - Internal Audit

Position Summary:

Under the direction of RM, this person is responsible for the timely execution of tasks assigned in accordance with the yearly audit plan as well as assisting with other audit matters and projects.

Responsibilities:

1.

-       Adherences to internal payment approval policy (DOP) approved by the Board

-       Deduction of tax at appropriate rates

-       Adequacy of supporting documents for the processed claims

-       Categorization of expenses into Capex or Opex and is accounted under appropriate head of accounts

-       Budgets adherences

-       Providing all the above information in the Audit Questionnaire & the templates given

2.   Verification of invoices raised which broadly covers the following: -

-       Levy of rates agreed with the clients as is available in the SLA

-       Delay in raising invoices on the clients

-       Billed quantities / services are in sync with the operations record and are as per the service list agreed with the clients

-       Appropriate GST levy

-       Review of credit notes approved

-       Providing all the above information in the Audit Questionnaire & the templates given

3.  To verify BRS correctness and to confirm this recon was done for all the bank accounts of the company.

4.  Verification of Statutory Payments which broadly covers the following: -

-       Timely remittance of the statutory to the respective government authorities

-       Remittances are in line with the requirements of the government

-       Providing all the above information in the Audit Questionnaire templates given

-       Filing of Quarterly / Monthly / Annual returns with the respective authorities

5.  HR activities: To verify the following:

-       Availability of documents which are required to be collected from on-boarding employees

-       Availability of duly approved appointment Orders

-       Employee salaries in HRMS portal are as per the Appointment order issued.

-       Availability of duly approved increment orders

-       Adherences to Board approved HR Policies

-       Adherences to Exit formalities of the company

-       Providing all the above information & other requirements in the Audit Questionnaire and the related templates given

6.  To carryout Warehouse inspection audit as per the Yearly Audit Calendar approved by the management and in line with the Audit questionnaire designed for this purpose.

Requirements:

1. Ability to communicate effectively with Team Members and Peers in both written and verbal form.

2. Have great attention to detail.

3. Excellent interpersonal, oral and written communication skills with the ability to comfortable communicate to all levels of management.

4. Knowledge of accounting and auditing principles/standards, and familiarity with MS office especially with V Look Up & Pivot function.

5. Ability to adapt to change quickly and multi-task

EDUCATION/EXPERIENCE:

1.     Graduation in Commerce.

2.     Experience: 1 year / 6 months of work experience in Internal audit function of a company or in an Audit Firm & has a reasonably good exposure in the areas explained under Responsibilities.