Internal Auditor

The Internal Audit Lead in a real estate company is responsible for planning, executing, and overseeing internal audits across the organizations operational, financial, and compliance activities. The role ensures effective internal controls, regulatory compliance, risk management, and integrity of business operations, especially across large-scale development projects and real estate transactions.

Key Responsibilities:

Audit Planning & Execution:

• Develop and execute risk-based internal audit plans.
  
• Conduct audits across departments, including project development, procurement, sales, finance, and facility management.
  
• Review controls over capital expenditures, project costing, and real estate revenue recognition.
  

Risk Assessment & Internal Controls:

• Identify and assess risks in real estate operations, such as project delays, contract management, regulatory compliance, and revenue leakage.
  
• Evaluate the adequacy and effectiveness of internal controls and make recommendations for improvement.
  

Compliance & Regulatory Oversight:

• Ensure compliance with RERA, local building laws, tax laws, and other regulatory requirements.
  
• Monitor adherence to company policies, SOPs, and financial standards.
  

Reporting & Communication:

• Prepare detailed audit reports with findings, risks, and actionable recommendations.
  
• Present audit results to senior management and the audit committee.
  
• Follow up on audit findings and verify timely resolution of identified issues.
  

Process Improvement:

• Recommend process improvements and automation opportunities to enhance operational efficiency.
  
• Provide advisory support during system implementations or new project launches.
  

Team Leadership:

• Supervise and mentor junior audit staff or external auditors.
  
• Coordinate with external audit firms and regulatory bodies during statutory and compliance audits.