Senior Manager/Assistant General Manager (AGM)–Internal Audit

Master's/MBA in Accounting & Information system from a recognized university.

Partly qualified CA, ACCA, CMA will be an added advantage.

Minimum 8–10 years of relevant professional experience in Internal Audit, Financial Audit & Risk Management.

At least 3–5 years in a managerial or supervisory position.

Proven experience in auditing multiple companies, subsidiaries, factories, projects, or business units within a diversified corporate group.

Experience in manufacturing, paper mills, printing and publishing, real estate, construction, or other asset-intensive businesses will be highly preferred.

Practical experience in fraud risk assessment, investigation, financial analysis, operational audits and management reporting is required.

Strong analytical, investigative and problem-solving skills.Excellent knowledge of financial statements, accounting systems, internal controls and audit procedures.

Ability to identify financial risks, control gaps, and operational inefficiencies.

Strong report-writing, presentation, communication and interpersonal skills.

Proficiency in MS Excel, accounting software, Tally, ERP systems.

Ability to work independently, manage multiple assignments, and travel to different group locations as required.

Develop and implement risk-based annual internal audit plans covering all companies, subsidiaries, business units, factories and projects of the Group.

Conduct periodic and surprise audits to assess compliance with approved policies, procedures, budgets and management directives.

Evaluate the effectiveness of internal controls, risk management systems and corporate governance practices.

Identify control weaknesses, financial irregularities, operational inefficiencies and potential fraud risks.

Examine financial statements, general ledgers, vouchers, bills, invoices, bank transactions and supporting documents.

Verify accounts receivable, accounts payable, inventory, fixed assets, cash balances and intercompany transactions.

Review procurement, tendering, contracting, sales, revenue recognition, expenditure and payment processes.

Investigate unusual transactions, unauthorized expenditures, suspected misappropriation and unexplained financial variances.

Ensure appropriate reconciliation of accounts and accuracy of financial records.

Conduct operational audits of manufacturing units, paper mills, printing and publication businesses, real estate developments, land projects and other business operations, as applicable.

Review raw material consumption, production costs, wastage, yield, finished goods, stock movement and inventory management.

Audit land acquisition costs, project expenditure, construction bills, BOQs, contractor payments and project budgets.

Evaluate the efficiency and economy of resource utilization and recommend measures to minimize avoidable costs and financial losses.

Monitor compliance with applicable laws, rules, regulations, statutory requirements and approved internal policies.

Coordinate with Finance & Accounts, HR & Administration, Commercial, Procurement, Sales & Marketing, Production and Project Management departments.

Prepare comprehensive internal audit reports outlining audit observations, risk implications, financial exposure, root causes and recommended corrective measures.

Classify audit findings according to their significance and urgency.

Present material findings and recommendations to the Head of Internal Audit and Management.

Maintain an audit observation register and monitor the implementation of approved recommendations.

Ensure timely submission of audit reports and periodic updates on unresolved audit issues.