Internal Audit Executive

Qualification:

Industry Preference:

Key Responsibilities:

1. Transaction Audit

• Lead and manage the internal audit team to oversee the end-to-end Procure-to-Pay (P2P) process, ensuring strong internal controls, compliance, and audit discipline.
• Conduct pre-audit reviews of:
• Purchase Orders, Journal Vouchers, and all vendor payments.
• Payroll and contractor payments.
• Finance transactions including cash, bank, and loan-related disbursements.
• Ensure accuracy, completeness, and proper documentation of all financial transactions and reconciliations.
• Verify compliance with direct and indirect taxation and factory-related statutory requirements.
• Consolidate audit observations and prepare:
• Monthly management audit reports
• Quarterly reports for statutory and internal audit review

2. Process Audit

• Support in risk assessment and assist in the preparation of the annual internal audit plan.
• Execute internal audit reviews as per the approved audit plan and timelines.
• Perform data analytics and exceptional reporting to identify control gaps and process inefficiencies.
• Present key audit findings to functional heads and management.
• Monitor and follow up on implementation of audit recommendations, ensuring mitigation of operational and business risks across departments.

Skills & Competencies

• Strong analytical, communication, and leadership skills.
• Sound understanding of internal controls, accounting, and risk management.
• Proficiency in MS Excel and ERP systems (D365 / Tally / Oracle preferred).
• Ability to work independently and manage multiple audits simultaneously.