Assistant Manager Internal Audit & Control

KIDS Hospital Bhubaneswar

Designation: Assistant Manager – Internal Audit & Control

Reporting Manager: Manager – Accounts

Job Summary

The Assistant Manager – Internal Audit & Control will be responsible for ensuring the integrity of financial, operational, and statutory processes through robust internal controls, periodic audits, and strict compliance with regulations. The role involves working with internal auditors to plan and execute audits, driving the implementation of audit recommendations, managing statutory compliances, and improving the hospital’s control systems for efficiency and transparency.

Job Duties and Responsibilities

1. Internal Audit & Risk Management

a. Plan and execute internal audits with the hospital's internal auditors, covering all departments - clinical, administrative, financial, and support functions.

b. Evaluate adequacy of existing internal controls & policies, and identify process risks, control deficiencies, and non-compliance areas.

c. Drive hospital-wide implementation of corrective measures as advised by the management and the internal auditors.

d. Prepare detailed audit summaries and management responses, ensuring timely follow-up and closure of action points.

2.Internal Financial Controls & Compliance

a. Review and strengthen financial controls, documentation systems, and approval mechanisms across all functions.

b. Develop, maintain, and update Standard Operating Procedures (SOPs) for finance and operations to ensure consistency & accountability.

c. Monitor adherence to internal controls and conduct periodic risk assessments to establish preventive control mechanisms.

d. Coordinate with statutory and internal auditors, and facilitate departmental preparedness for audits and inspections.

e. Review and verify vouchers, supporting documents, and bank reconciliations to ensure accuracy and proper authorization.

f. Review and ensure accurate accounting entries are recorded in Tally and supporting records are properly maintained.

3.Statutory Compliances (GST, TDS, EPF, ESI)

a. Ensure accurate computation, timely payment, and filing of returns for GST (monthly/quarterly returns, annual reconciliation, input tax credit tracking), TDS (deductions, deposits, quarterly returns, and issuance of Form 16/16A), EPF & ESI (computation, contribution filing, and compliance with labour regulations).

b. Keep abreast of changes in tax and labour laws and update internal controls accordingly. Liaise with consultants and govt authorities on compliance matters.

c. Prepare and review TDS data and ensure timely deposit and filing of applicable TDS compliances.

d. Prepare and review GST data and ensure timely payment/deposit and filing of applicable GST returns.

e. Verify GST compliance of vendors, including confirmation of GST deposited by vendors against applicable transactions.

4.Financial Reporting & Analysis

a. Prepare monthly financial statements in accordance with applicable accounting standards, as well as monthly financial & operational MIS data.

b. Ensure accuracy, completeness, and timeliness of financial data and reporting.

c. Conduct variance analysis and provide management with insights on cost control, efficiency, and revenue optimization.

Key Skills & Qualifications

1. Education: B. Com / M. Com / MBA (Finance) from a recognised institution.

2. Experience: 6–8 years of experience in:

a. Internal Audit and Controls

b. Statutory and Tax Compliance (GST, TDS, EPF, ESI)

c. Preparation and Review of Financial Statements

d. Statutory Audit Coordination

3. Experience in hospitals or healthcare organisations preferred.

4. Comprehensive understanding of accounting principles, auditing standards, and internal control frameworks.

5. Proficiency in MS Excel and accounting/ERP systems (e.g., Tally, SAP, or equivalent).

6. Strong analytical, problem-solving, and process-improvement orientation.

7. Excellent documentation, communication, and coordination skills.

8. High integrity, attention to detail, and ability to work independently.

Job Type: Full-time

Pay: ₹25,000.00 - ₹30,000.00 per month

Benefits:

• Paid sick time
• Provident Fund

Education:

• Bachelor's (Required)

Experience:

• Internal audits: 6 years (Required)
• Total: 8 years (Required)

Language:

• Odia (Required)

Work Location: In person