Role Objective:
To strengthen internal controls, ensure regulatory and process compliance, and enhance operational efficiency through systematic audits, risk assessment, and process improvement initiatives. The role focuses on identifying control gaps, recommending corrective actions, and supporting business functions in implementing robust governance practices.
Desired Candidate Profile:
- Qualified Inter CA or Chartered Accountant with relevant experience in internal audit.
- Strong understanding of audit processes, internal controls, and compliance frameworks.
- Experience in handling audits related to finance, payments, payroll, and operational processes.
- Exposure to ERP systems and audit tools is preferred.
- Ability to work collaboratively across departments and manage multiple stakeholders.
- Strong analytical mindset with attention to detail and problem-solving capability.
Role & Responsibilities:
- Conduct expense audits to ensure adherence to regulatory requirements and internal processes.
- Perform payment audits in line with defined Standard Operating Procedures (SOPs).
- Review payroll, incentives, and employee reimbursements to ensure accuracy and compliance.
- Evaluate credit notes and special transactions recorded in customer and vendor ledgers.
- Review and validate special schemes offered to customers in the domestic market.
- Monitor compliance across departments, especially in identified risk areas.
- Develop and update SOPs wherever required to strengthen process governance.
- Assess process and system controls, and recommend improvements where necessary.
- Coordinate with external audit agencies to ensure timely completion of internal audits and Action Taken Reports (ATRs).
- Support external auditors by providing required data, process clarity, and control documentation.
- Ensure in-house audit activities are conducted efficiently and within defined timelines.
- Identify opportunities for cost optimization, cost control, and process automation.
- Conduct root cause analysis for audit findings and recommend corrective and preventive actions.
- Present audit observations to business leaders and collaborate on finalizing actionable plans with clear timelines.
- Ensure all audit activities are executed in accordance with agreed SOPs and timelines.
- Verify compliance with organizational policies and procedures across functions.
Functional Skills Required:
- Internal Audit & Risk Assessment
- Financial and Compliance Auditing
- SOP Development and Process Documentation
- ERP Systems and Data Analysis
- Internal Controls Evaluation
- Cost Analysis and Optimization
- Root Cause Analysis and Corrective Action Planning
Behavioral Skills Required
- Strong analytical and critical thinking abilities
- Excellent communication and presentation skills
- High level of integrity and ethical standards
- Ability to influence and collaborate with stakeholders
- Time management and ability to meet deadlines
- Proactive approach to identifying and resolving issues
Team Size to be Managed:
- Reports to: Sr. Manager – Internal Audit
- Reportee: Individual Contributor Role
Important Links:
- Website: https://biotechhealthcare.com/
- LinkedIn: https://www.linkedin.com/company/biotechhealthcare/
- Instagram: Biotech Vision Care
Biotech is an equal opportunity organization promoting diversity while ensuring no discrimination on any ground, including gender, race, religion, age, sexual orientation, disability, etc.
