Senior Executive Audit
Job details
Job description, work day and responsibilities
Job Summary:
Responsible for evaluating financial transactions, ensuring compliance, and strengthening internal controls through audits of invoices, billing cycles, payments, procurement, and operations while identifying cost-saving opportunities, budgeting, and risk management.
Roles and Responsibilities:
❖Invoice & Billing Audit:
•Conduct audits of invoices and billing cycles to ensure accuracy and compliance.
•Verify payment cycles and ensure timely processing of vendor payments.
❖Audit Process Development:
•Prepare and modify standard operating procedures (SOPs) for audit processes.
•Develop yearly, quarterly, and monthly audit plans and reports.
❖Site & Inventory Audits:
•Audit site reports, including consumption reports, stock reports, inventory reports, and work output reports.
•Conduct reviews of inventory aging and prepare reports.
❖Employee Performance & KPI Audits:
•Audit employees' work performance and KPI reports.
•Identify inefficiencies and suggest improvements.
❖Financial & Payment Audits:
•Audit all bank payments, vendor ledgers, and cash registers for smooth operations.
•Review financial records to ensure accuracy and compliance.
•Audit ERP SAP entries and generate reports.
❖Cost Optimization & Budget Planning:
•Identify cost-saving opportunities and implement effective structures.
•Audit salary, HR, and administration expenses, and develop cost-reduction strategies.
•Ensure compliance with budgets and daily accounting operations.
❖Procurement & Material Cost Audits:
•Evaluate material procurement costs and justify pricing.
•Develop and manage budgets for material purchases in the purchase department.
❖Audit of File & Document Management:
•Conduct audits of file management, document management, and administrative workflows.
•Identify loopholes in the system and propose solutions.
❖Follow-ups & Compliance:
•Conduct follow-ups on audits and pending tasks.
•Ensure adherence to compliance, risk management, and regulatory requirements.
❖Budget & Financial Statement Reviews:
•Audit budgets, balance sheets, and P&L statements.
•Maintain open communication with management and audit committees.
❖Comprehensive Audit Expertise:
•Perform ABC audits, management audits, compliance audits, pre/post audits, civil audits, stock audits, and SOP implementation reviews.
•Conduct CAPEX and operational audits, risk management audits, MOU and agreement audits, payment reconciliations, payroll audits, insurance, and commissioning audits.
•Ensure accurate and timely reporting of audit findings to management and risk committees.
In addition to the responsibilities outlined above, management reserves the right to assign any other tasks as and when required.
Job Type: Full-time
Pay: Up to ₹700,000.00 per year
Benefits:
Health insurance
Provident Fund
Schedule:
Morning shift
Work Location: In person
Company address
You will be redirected to another website to apply.
Offer ID: #1081052,
Published: 2 weeks ago,
Company registered: 5 months ago
