Internal Auditor (Finance Department)

Position Overview

The Internal Auditor is responsible for evaluating the company’s financial systems, internal controls, compliance processes, and operational efficiency. The role ensures accuracy in financial reporting, identifies risks, and strengthens internal controls across all departments.

Key Responsibilities1. Financial Audit & Review

• Conduct periodic audits of financial transactions, ledgers, journals, and accounts.
• Verify accuracy of invoices, expenses, payments, receipts, bank reconciliations, and accounting entries.
• Review compliance with accounting standards, company policies, and statutory requirements.

2. Internal Controls Assessment

• Assess the effectiveness of internal controls across procurement, accounts payable, accounts receivable, payroll, inventory, and cash management.
• Identify gaps or risks and recommend improvements.
• Monitor adherence to Standard Operating Procedures (SOPs).

3. Compliance & Risk Management

• Ensure compliance with GST, TDS, Income Tax, Companies Act and other regulatory norms.
• Perform risk assessment for financial and operational processes.
• Report potential fraud, misstatements, or policy violations.

4. Process Audit

• Audit procurement cycle: PO/WO, vendor selection, quotation comparison, material inward.
• Audit project costing, billing, subcontractor payments (especially important in construction/interior industry).
• Review fixed assets, depreciation, petty cash, and employee reimbursements.

5. Reporting & Documentation

• Prepare detailed audit reports with observations, risk areas, non-compliances, and corrective actions.
• Present audit findings to management and follow up on the implementation of action points.
• Maintain proper documentation of audit workpapers and evidence.

6. Coordination & Support

• Work closely with Finance, HR, Admin, Projects, Procurement, and Operations teams.
• Assist in statutory audits by external auditors.
• Support management in cost control and process improvement initiatives.

Skills & Competencies

• Strong knowledge of accounting principles and internal control systems.
• Good understanding of GST, TDS, financial statements, and compliance norms.
• Analytical mindset with strong attention to detail.
• Ability to detect irregularities, verify documents, and perform reconciliations.
• Strong communication and report-writing skills.
• Knowledge of Tally, ERP systems, and MS Excel.

Educational Qualification & Experience

• B.Com / M.Com / MBA (Finance) or CA Inter / CMA Inter preferred.
• 2–8 years of experience in auditing or internal audit, preferably in finance/ construction/ contract-based companies.
• Experience in project audits, vendor audits, and process audits is an added advantage.

Key Deliverables

• Accurate audit reports with actionable insights.
• Strengthened internal control environment.
• Reduced financial risks and leakages.
• Ensured compliance with laws and company policies.
• Improved efficiency in finance and operational processes.

Interested candidates can reach me at careers@padams.in

Job Types: Full-time, Permanent

Pay: ₹12,533.85 - ₹72,380.96 per month

Work Location: In person