Internal Audit Manager

Role Objective: To evaluate Head Office functions including finance, treasury, accounting controls, and regulatory reporting to ensure financial integrity, governance compliance, and risk mitigation. Key Role & Responsibilities: 1. Treasury Audit Review borrowing structure and fund utilization.

Verify compliance with sanction terms from banks/NBFC lenders. Monitor interest calculations and covenant compliance. Audit ALM reporting and liquidity position.

Verify investment transactions and fixed deposit placements. 2. Accounts & Finance Audit Scrutiny of General Ledger, Trial Balance & P&L and Balance Sheet schedules Review provisioning calculations. Verify income recognition practices.

Check write-offs and technical write-offs with DOP delegation. Review expense controls and authorization. Review of TDS & GST with reconciliation.

Fixed assets review with accounting register and their treatment. Audit of Employee incentive payouts as per Policy. Review of DSA payouts as per the agreement. 3.

Ledger Scrutiny & Control Review Review suspense accounts & clearing accounts. Identify unusual journal entries. Verify manual adjustments and back-dated entries. 4.

Bank Reconciliation Audit Verify monthly Bank Reconciliation Statements (BRS). Check long pending entries. Investigate unusual debit/credit entries.

Confirm balances with banks periodically. 5. Regulatory Reporting & Compliance Review returns submitted to: Reserve Bank of India Credit Information Companies (CICs) Verify statutory compliance filings. Review compliance with Companies Act (if applicable). 6.

Vendor & Outsourcing Audit Review vendor payments and agreements. Assess outsourcing risk framework. Ensure compliance with RBI Outsourcing Guidelines.

Key Skills: Strong knowledge of accounting standards. Understanding of treasury and fund management. Expertise in financial statement analysis.

Advanced Excel & data analytics capability. Knowledge of regulatory reporting norms.