Head Internal Audit

Job Title: Head Internal Audit

Department:

Position Overview

Head of Internal Audit

Key Responsibilities

1. Audit Planning and Strategy

• Develop and implement a

  risk-based internal audit plan

  for all hospital departments, including clinical, financial, operational, and support services.
• Ensure the audit plan covers key risk areas such as patient safety, billing, procurement, medical equipment usage, data privacy, and regulatory compliance.
• Align the internal audit strategy with the hospitals goals, mission, and accreditation requirements (e.g., NABH, JCI).

2. Audit Execution and Oversight

• Oversee audits of financial transactions, medical billing, insurance claims, procurement, pharmacy, inventory, and revenue cycle management.
• Evaluate controls over sensitive processes such as patient data security, clinical documentation, infection control, and waste management.
• Ensure audits are conducted in accordance with IIA standards and healthcare compliance frameworks.
• Review audit findings, identify systemic issues, and recommend process improvements.

3. Risk Management and Compliance

• Identify and assess operational, financial, and clinical risks across hospital units.
• Evaluate the hospitals compliance with healthcare laws, ethical standards, and regulatory requirements (e.g., NABH, MCI, HIPAA where applicable).
• Work closely with Quality, Finance, and HR departments to ensure corrective actions are implemented.
• Provide advisory support for new initiatives, projects, or expansion plans from a risk and control perspective.

4. Reporting and Governance

• Present audit reports and risk assessments to senior management and the Audit Committee.
• Highlight key risk trends and control gaps with actionable recommendations.
• Track implementation of audit recommendations and report closure status periodically.
• Maintain transparency and professional independence in all audit activities.

5. Team Leadership and Development

• Build and lead a skilled internal audit team with healthcare and financial expertise.
• Provide coaching, training, and development opportunities for team members.
• Promote a culture of accountability, ethics, and continuous improvement across the organization.

Qualifications and Experience

Education:

• Bachelors degree in Commerce, Finance, Accounting, or Healthcare Administration.
• Master’s degree (MBA / MHA / equivalent) preferred.

Certifications:

• Professional qualifications such as

  CA

  ,

  CPA

  ,

  CIA

  , or

  CISA

  preferred.
• Additional certifications in

  Healthcare Quality (NABH Assessor / CPHQ)

  or

  Risk Management

  are desirable.

Experience:

• Minimum

  5–15 years

  of progressive experience in internal auditing, with at least

  5 years in a leadership role

  .
• Experience in

  hospital, healthcare group, or healthcare consulting

  is

  mandatory

  .
• Exposure to clinical and non-clinical audit processes and healthcare regulations is an advantage.

Key Skills and Competencies

• Strong understanding of

  hospital operations

  ,

  healthcare billing

  , and

  regulatory compliance

  .
• Knowledge of healthcare standards (NABH, JCI, HIPAA, ISO, etc.).
• Excellent analytical, problem-solving, and report-writing skills.
• High integrity and ability to maintain confidentiality in sensitive healthcare environments.
• Strong interpersonal and communication skills to interact with clinicians, administrators, and the board.
• Ability to use audit management and data analytics tools.

Performance Metrics

• Timely completion of the annual audit plan.
• Quality and relevance of audit findings and recommendations.
• Improvement in risk management and control environment.
• Compliance with healthcare accreditation and statutory standards.
• Positive feedback from management and the Audit Committee.

Point of Contact:

Email ID: