Internal Audit Executive

Job Description

Job Title: Internal Audit Executive Location: Kozhikode Department: Internal Audit Reports To: Head of Internal Audit Job Summary: The Internal Audit Executive will conduct audits across various manufacturing units to ensure compliance with company policies, financial accuracy, and operational efficiency. This role requires strong analytical skills to evaluate manufacturing processes, materials, stock management, and profitability comparisons while ensuring compliance with internal controls. Experience with SAP and ERP systems is preferred. Key Responsibilities: Audit & Compliance: Conduct internal audits of manufacturing processes, inventory management, and stock-taking procedures. Ensure adherence to company policies, financial regulations, and industry best practices. Identify gaps in internal controls and provide recommendations for improvements. Material & Stock Audits: Perform physical stock verification and reconcile records with SAP/ERP systems. Assess inventory management practices to reduce losses and inefficiencies. Identify variances in stock levels, report discrepancies, and suggest corrective actions. Profitability & Cost Analysis: Conduct profitability and cost comparison studies across different manufacturing units. Evaluate production costs, material usage, and wastage to optimize financial performance. Assist in financial planning and decision-making by providing data-driven insights. Process Improvement & Risk Assessment: Review manufacturing processes and recommend improvements for efficiency and cost reduction. Identify financial and operational risks and suggest mitigation strategies. Ensure compliance with financial reporting standards and internal control policies. Reporting & Documentation: Prepare detailed audit reports with findings, observations, and recommendations. Present audit results to management and assist in implementing corrective actions. Maintain accurate audit documentation and records. Travel & On-Site Audits: Willing to travel to different manufacturing units for audits and process reviews. Conduct on-site evaluations of stock, materials, and financial records. Required Qualifications & Experience: Education: CA Inter / CMA Inter / MBA Finance / Equivalent Qualification. Experience: Minimum 3 years of experience in internal auditing, preferably in a manufacturing environment. Strong knowledge of manufacturing processes, material management, and stock-taking procedures. Experience in cost analysis, profitability studies, and financial comparisons. SAP and ERP system experience is preferred. Skills: Strong analytical and problem-solving skills. Proficiency in financial reporting and ERP systems (SAP preferred). Ability to work independently and travel as required. Excellent communication and reporting skills. Additional Requirements: Strong ethical standards and high levels of integrity. Ability to work with cross-functional teams and management. Attention to detail and a proactive approach to risk management. Job Types: Full-time, Permanent Pay: ₹25,000.00 - ₹30,000.00 per month Benefits: Health insurance Provident Fund Schedule: Day shift Morning shift Supplemental Pay: Performance bonus Yearly bonus Work Location: In person Job Types: Full-time, Permanent Pay: ₹25,000.00 - ₹30,000.00 per month Benefits: Health insurance Provident Fund Schedule: Day shift Supplemental Pay: Performance bonus Yearly bonus Work Location: In person