Internal Auditor

The Internal Auditor will play a key role in assessing and improving internal control systems, ensuring compliance with company policies, and evaluating operational efficiency across functions within the staffing and recruitment business. The role focuses on auditing areas such as payroll, client billing, statutory compliance, and vendor management to ensure accuracy, transparency, and regulatory adherence.

Key Responsibilities and Duties:

1. Audit Planning & Execution

• Assist in developing the annual internal audit plan based on risk assessment.

• Independently conduct audits for assigned processes, branches, and departments.

• Review internal controls related to billing, payroll processing, and statutory compliance.

• Evaluate recruitment and onboarding documentation to ensure adherence to company and client requirements.

2. Financial & Operational Audit

• Audit client invoicing, receivables, and reconciliation processes to ensure financial accuracy.

• Verify payroll computations, deductions, and statutory remittances (PF, ESI, TDS, etc.).

• Review vendor payments, contracts, and expense claims for compliance with policies.

• Assess operational efficiency in staffing activitiessourcing, onboarding, deployment, and exit processes.

3. Compliance & Risk Assessment

• Ensure compliance with relevant labor laws, tax regulations, and contractual obligations.

• Identify gaps in control processes and propose actionable recommendations.

• Track and report the implementation of audit recommendations.

4. Reporting & Communication

• Prepare clear, concise, and well-structured audit reports.

• Present findings to management and support the implementation of corrective actions.

• Collaborate with finance, HR, and operations teams to strengthen control systems.

5. Continuous Improvement

• Suggest process improvements to enhance efficiency and transparency.

• Stay updated with industry best practices, regulatory changes, and audit methodologies.

Qualifications and Experience:

• Bachelor's degree in Commerce, Accounting, or Finance.

• Professional certification preferred: CA (Inter), CIA, CMA, or equivalent.

• 36 years of internal audit experience in a staffing, HR outsourcing, or service-based organization.

• Working knowledge of internal audit practices, risk assessment, and internal control frameworks.

• Familiarity with payroll systems, compliance audits, and ERP/Accounting software.

Key Skills:

• Strong analytical and problem-solving abilities

• Excellent communication and presentation skills

• High level of integrity and professional judgment

• Proficiency in MS Excel, MS Office, and data analysis tools

• Ability to work independently and manage multiple audit assignments

Performance Indicators:

• Timely completion of planned audits

• Quality and clarity of audit reports

• Implementation rate of audit recommendations

• Contribution to process improvements and risk mitigation