Manager Audit

For an Indian Company based in Mumbai (the hub of India’s financial regulatory bodies like SEBI and RBI), a Manager – Audit is a high-responsibility "Gatekeeper" role.

In the Mumbai corporate culture, this position demands a balance of technical rigor (compliance with Ind-AS) and "boots-on-the-ground" investigation to prevent leakages in high-value operations like procurement, sales, and logistics.

Job Description:

The Manager – Audit will lead the internal audit function, ensuring that the company’s risk management, governance, and internal control processes are operating effectively. Reporting to the Head of Audit and you will be the primary shield against financial and operational risks.

• Perform internal audits for Indian clients across various industries.

• Evaluate Internal Financial Controls (IFC) in line with Companies Act, 2013.

• Conduct risk-based audits, process reviews, and control testing.Identify control gaps, inefficiencies, and compliance issues.

• Prepare audit reports with actionable recommendations.

• Ensure compliance with:Companies Act, 2013GST, Income Tax, and other regulatory frameworks.

• Coordinate with stakeholders and senior management for audit closure.

• Assist in developing audit plans and execution strategies.

  
  

Core Responsibility:

• Audit Planning & Execution: Develop and implement a risk-based Annual Audit Plan (AAP) covering all business units and Mumbai-based corporate functions.

• Internal Financial Controls (IFC): Review and test the effectiveness of IFCs as mandated by the Companies Act, 2013.

• Operational & Process Audits: Conduct "deep-dive" audits into core areas like Procurement-to-Pay (P2P), Order-to-Cash (O2C), and Inventory Management (often involving visits to hubs like Bhiwandi or Taloja).

• Fraud Detection & Investigation: Lead forensic audits and whistle-blower investigations into potential financial irregularities or ethical breaches.

• Statutory Liaison: Coordinate with Big 4 or Tier-1 Statutory Auditors to ensure smooth quarterly and annual closures.

• Compliance Monitoring: Ensure 100% adherence to GST, TDS, and sector-specific regulations (e.g., RERA for Real Estate or RBI norms for NBFCs).

  
  

Job Specification:

• Location: Mumbai (Corporate office in BKC, Lower Parel, or Andheri; requires local travel to sites/warehouses).

• Experience: 7–10 years of post-qualification experience in Internal Audit, preferably with a mix of Big 4/Consulting and Industry experience.

• Reporting To: Head of Internal Audit / CFO / Audit Committee.

• Salary Benchmarks (Mumbai) Range: ₹18 Lakhs to ₹25 Lakhs (Fixed) + Performance Bonus.

  
  

Qualifications:

• Mandatory: Chartered Accountant (CA) is the primary requirement.

• Preferred: Certified Internal Auditor (CIA) or CISA (for IT Audit focus) is a major advantage.

• Tech Stack: Proficiency in SAP (FICO/MM), Oracle, or Tally Prime. Experience with Data Analytics tools like ACL, Idea, or Power BI is highly sought after.

  
  

Essential Skills:

• Risk Sensing: Ability to identify "red flags" in complex financial data and operational workflows.

• Ind-AS Knowledge: Deep understanding of Indian Accounting Standards to challenge accounting treatments.

• Investigative Mindset: Persistence and "street-smart" intuition to uncover hidden process gaps or leakages.

• Stakeholder Management: Ability to present "tough" audit findings to senior Department Heads and Promoters without being adversarial.

• Report Writing: Exceptional ability to draft concise, impactful audit reports with clear "Actionable Recommendations."

Apply: Email your profile to resume@atworkforce.com