Internal Audit Officer

About the Role:

Tandoori Restaurant & Caterers is seeking a detail-oriented and experienced Internal Audit Officer to support our Internal Audit Department in conducting both financial and operational audits across our restaurant branches. The ideal candidate will play a key role in ensuring compliance with internal SOPs, financial controls, procurement policies, inventory management, and vendor payment procedures.

Key Responsibilities:

Sales & Revenue Audit

• Verify daily cash and credit sales entries in the accounting system with supporting vouchers and required approvals.
• Ensure discounts and complimentary bills are approved by the Restaurant Manager (RM).
• Review customer ledgers, follow up on outstanding balances, and prepare aging reports.
• Reconcile cash balances with the cash book and conduct surprise cash audits with the cashier and accountant.
• Reconcile card sales and online platform (e.g., Foodpanda) payments with sales ledgers and bank statements.

Credit Sales & Receivables

• Ensure that all credit terms, MOUs, and customer agreements are in place and adhered to.
• Reconcile accounts receivable as per agreed terms and generate regular aging analysis.
• Ensure discount and complimentary policies are applied according to company policy.

Catering & Cafeteria Sales

• Conduct audits on catering and cafeteria sales as per management guidelines.

Vendor Payments & Procurement Review

• Verify that purchases follow Head Office procurement policies, including the use of approved vendors and brands.
• Review vendor invoices, MOUs, and terms of payment.
• Audit vendor payments, purchase orders, and prepare vendor aging reports for overdue balances.
• Confirm compliance with procurement SOPs.

Documentation & Bookkeeping

• Ensure vendor bills include valid details (company name, address, contact, item specs) and are from approved vendors.
• Cross-check store inventory levels before approving new purchases.
• Confirm procurement rates are approved and attached to relevant documentation.
• Validate all payment vouchers for completeness, accuracy, and compliance with tax regulations.

Inventory & Stock Audits

• Conduct physical stock checks and document discrepancies (shortages or excesses).
• Ensure purchases match approved vendor lists and brand specifications.
• Validate necessity of purchases and check for reordering level adherence.
• Audit Purchase Orders (P.O.s), Goods Receipt Notes (GRNs), and store receiving reports.
• Cross-verify COGS data and perform surprise audits of inventory and stores.

Asset Register Management

• Maintain an up-to-date Asset Register for kitchen equipment, electric appliances, furniture, generators, signage, and other assets.
• Ensure all assets are properly tagged/coded and recorded in the system with accurate details.

Requirements:

• Education: Minimum B.Com, BBA, MBA (Finance)
• Experience: Minimum 3-5 years in accounting and bookkeeping, preferably in the hospitality or restaurant industry
• Technical Skills: Proficient in MS Excel, accounting software, and audit tools
• Strong understanding of internal controls, reconciliations, and inventory audits
• Excellent communication, report writing, and analytical skills
• High level of integrity and ability to handle confidential financial information.

Job Type: Full-time

Pay: Rs35,000.00 - Rs45,000.00 per month

Work Location: In person