MANAGER – CONCURRENT / PREPAYMENT AUDIT

KEY RESPONSIBILITIES

✔ Pre-audit of all invoices before payment (3/4-way match in SAP).

✔ Verify PO, GRN, BOQ/JMR, rates, GST/TDS, LD & contractual terms.

✔ Detect duplicate, advance & overpayments; plug leakages.

✔ Cover Project, Logistics, RM, MRO & Operational invoices.

✔ Maintain audit trackers, aging, recovery & MIS dashboards.

✔ Coordinate with Finance, Purchase, Projects & vendors.

✔ Individual Contributor and mentor the location concurrent audit team.

WHAT YOU BRING

✔ Qualified CMA / MBA (Fin) / Inter-CA (CIA/CISA preferred).

✔ 8–12 years in concurrent / prepayment /Accounts Payable / internal audit.

✔ Hands-on in SAP FICO & MM (MIRO, MIGO, ML81N, FBL1N).

✔ Strong in Accounts Payable (AP) or prepayment audit.

✔ Experience in project, logistics, RM & MRO invoice review.

✔ Advanced Excel & Power BI for analytics.

✔ Strong stakeholder management & integrity.

Key Skills & Competencies

Skill Area

Description / Expectation

SAP Proficiency

Hands-on working knowledge of SAP FICO & MM modules — vendor invoice verification (MIRO), PO/GRN 3-way & 4-way matching (ME23N, MIGO), FBL1N vendor ledger, service entry sheets (ML81N), payment blocks and release strategy.

Prepayment / AP Audit

Deep expertise in Accounts Payable (P2P) cycle, prepayment / pre-audit of invoices before release of payment, TDS/GST validation, duplicate payment detection and vendor reconciliation.

Invoice Domain Coverage

Ability to audit all invoice categories — Project (Civil/Mechanical/Structural/E&I), Logistics & Freight, Raw Material (RM), MRO (Maintenance, Repair & Operations) and Operational / service invoices.

Stakeholder Management

Strong engagement with Finance, Purchase, Projects, Stores, Logistics, Plant Operations and vendors; ability to resolve queries with documentation and traceability.

Analytics & Automation

Advanced Excel, Power BI dashboards, Power Query and Power Automate for audit trackers, aging analysis, KPI scorecards and continuous monitoring.

Compliance & Governance

Sound knowledge of GST, TDS, Indian Income Tax provisions, statutory compliances, internal controls (IFC) and SOP adherence.

Behavioral Attributes

• Ethics: High integrity, objectivity and professional scepticism.
• Analytical: Strong analytical mindset with attention to detail and accuracy.
• Communication: Effective communication, documentation and influencing skills.
• Balance: Collaborative approach with firm control orientation.

Key Performance Indicators (KPIs)

• % of invoices audited before payment (target: 100% within TAT).
• Value of leakages / duplicate payments prevented and recoveries effected.
• Reduction in repeat observations and control failures.
• Timeliness and quality of MIS / management reporting.