Internal Auditor

Role & responsibilities

Role PurposeTo support the Internal Audit function in planning, executing, and reporting audits across key business areas including Accounts Receivable, Accounts Payable, Treasury, Land, Compliance, and Accounting. The role ensures adherence to internal controls, regulatory requirements, and process efficiency. 
Key Responsibilities1. Audit Execution

• Perform internal audits as per approved audit plan (monthly/quarterly/annual).
• Execute detailed testing of transactions, processes, and controls.
• Identify control gaps, process inefficiencies, and risk areas.
• Ensure audit documentation and working papers are properly maintained.

2. Functional Area CoverageExposure to and execution of audits across:Accounts Receivable (AR)

• Collection entries, invoicing, credit notes, write-offs
• Customer refunds, ageing analysis, provisioning
• Revenue recognition and adjustments

Accounts Payable (AP)

• Vendor invoice verification and payments
• Advance payments, GRN matching, vendor reconciliation
• Compliance with approval matrix

Treasury & Banking

• Bank reconciliations, loan documentation
• Interest calculations, fund utilization
• Insurance and investment tracking

Accounting & Reporting

• Journal entries, fixed assets, depreciation

• Intercompany transactions a

• nd reconciliations

• Trial balance scrutiny and financial accuracy

• GST returns, reconciliation, input/output checks

• TDS compliance and reconciliation

• Tax provisioning and filings

• Land & project-related transactions

• Agreements and documentation checks

• Internal MIS and reporting validations

• 3. Internal Controls & Risk Management

• Evaluate adequacy and effectiveness of internal controls

• Suggest process improvements and automation opportunities

• Assist in risk assessment and control framework strengthening

• 4. Reporting & Documentation

• Prepare audit reports with observations and recommendations

• Track closure of audit findings

• Coordinate with departments for data and clarifications

• 5. Team Support & Coordination

• Support Manager in audit planning and execution

• Guide junior team members (if applicable)

• Coordinate with cross-functional teams (Accounts, Tax, Treasury, etc.)