Internal Auditor

Job Summary

The Internal Auditor is responsible for evaluating and improving the effectiveness of risk management, internal controls, compliance processes, and operational efficiency within the hospital. The role involves conducting audits across clinical, financial, HR, procurement, pharmacy, inventory, and administrative functions to ensure adherence to hospital policies, statutory regulations, and industry standards.

Key ResponsibilitiesAudit Planning & Execution

• Conduct internal audits as per the approved audit plan.
• Review and evaluate internal controls, policies, and procedures.
• Identify operational, financial, and compliance risks.
• Perform process audits across various hospital departments.
• Verify the accuracy and reliability of financial and operational records.

Financial & Revenue Audits

• Audit patient billing, collections, refunds, and insurance claims.
• Review cash handling procedures and revenue leakage risks.
• Verify vendor payments, purchase transactions, and expense claims.
• Conduct audits of fixed assets and inventory management.

Operational Audits

• Audit pharmacy operations, inventory controls, and stock management.
• Review procurement and vendor management processes.
• Evaluate efficiency and effectiveness of hospital operations.
• Monitor adherence to Standard Operating Procedures (SOPs).

Compliance & Risk Management

• Ensure compliance with applicable laws, regulations, and hospital policies.
• Review statutory compliance related to PF, ESI, Professional Tax, Labour Laws, and other regulatory requirements.
• Assess risks and recommend mitigation measures.
• Monitor implementation of audit recommendations.

Reporting

• Prepare detailed audit reports highlighting observations, risks, and recommendations.
• Present audit findings to management.
• Track corrective actions and conduct follow-up audits.
• Maintain audit documentation and records.

Qualifications

• Bachelor's Degree in Commerce, Finance, Accounting, or related field.
• CA Inter / CMA / MBA (Finance) preferred.
• Certification in Internal Audit (CIA) is an added advantage.

Experience

• 3–8 years of experience in Internal Audit, preferably in hospitals or healthcare organizations.
• Experience in financial, operational, and compliance audits.

Required Skills

• Strong analytical and problem-solving abilities.
• Knowledge of hospital billing, insurance, pharmacy, and procurement processes.
• Understanding of accounting principles and internal controls.
• Proficiency in MS Excel and ERP/Hospital Management Systems.
• Excellent report-writing and communication skills.
• Ability to work independently and maintain confidentiality.

Key Performance Indicators (KPIs)

• Completion of audit assignments as per schedule.
• Reduction in revenue leakages and control deficiencies.
• Timely closure of audit observations.
• Compliance adherence across departments.
• Improvement in operational efficiency and risk management.

Pay: ₹20,000.00 - ₹35,000.00 per month

Work Location: In person