Audit Executive

Role & responsibilities

• Conduct internal audits of business processes, branches and functional departments as per the approved audit plan.
• Review operational processes, financial controls, documentation and compliance with company policies and SOPs.
• Identify process gaps, control weaknesses, operational risks, errors, irregularities and potential fraud indicators.
• Verify transactions, supporting documents, reconciliations and system records to ensure accuracy and compliance.
• Perform sample-based testing and physical verification wherever required.
• Review adherence to internal policies, statutory requirements and applicable regulatory guidelines.
• Analyse audit data and identify unusual trends, exceptions and risk areas.
• Prepare detailed audit observations with supporting evidence, root-cause analysis and recommendations.
• Discuss audit findings with concerned business/branch teams and obtain management responses.
• Coordinate with stakeholders for corrective and preventive actions (CAPA).
• Track audit observations and ensure timely closure of pending issues.
• Conduct follow-up audits to validate whether corrective actions have been implemented effectively.
• Prepare audit reports, MIS, dashboards and management presentations.
• Maintain proper audit documentation, working papers and supporting records.
• Escalate critical control gaps, compliance issues and suspected irregularities to the appropriate management level.
• Support senior audit team members in special audits, investigations and process reviews.
• Suggest process improvements, automation opportunities and measures to strengthen internal controls.
• Maintain confidentiality of financial, operational and business information.

Preferred candidate profile

• Strong analytical and problem-solving skills.
• Good knowledge of internal audit and risk-control processes.
• Good understanding of accounting and financial processes.
• Strong MS Excel and MS PowerPoint skills.
• Good report-writing and documentation skills.
• Attention to detail and ability to identify discrepancies.
• Good communication and stakeholder-management skills.
• Ability to work independently as well as part of an audit team.
• Willingness to travel to branches/business locations.