Internal Auditor

Role: Assistant Manager – Internal Audit

We are seeking an experienced Assistant Manager – Internal Audit to lead a two-member internal audit team within our service organization. The incumbent will be responsible for building and executing a robust audit framework, driving process improvements, and ensuring end-to-end compliance with applicable statutory and regulatory requirements. This role requires hands-on leadership, strong knowledge of Indian taxation and GST, and the ability to translate audit findings into actionable business improvements.

Job Responsibilities:

Team Leadership & Audit Management

 Lead, supervise, and review the daily work of a two-member internal audit team.

 Assign audit engagements, set timelines, and ensure quality of deliverables.

 Mentor team members and support their professional development.

 Report audit status and findings to senior management / CFO on a regular basis

Process Audit

 Plan and conduct end-to-end process audits across all service delivery and support functions.

 Map existing processes, identify deviations from defined workflows, and highlight inefficiencies.  Recommend process re-engineering measures and verify implementation of agreed changes.

SOP Implementation & Review

 Develop, review, and update Standard Operating Procedures (SOPs) across departments.

 Verify adherence to SOPs through periodic walkthroughs and surprise audits.

 Work with department heads to close gaps between documented procedures and actual practices.

Risk Assessment

 Prepare and maintain a risk register covering financial, operational, compliance, and reputational risks.

 Conduct risk-based audit planning prioritizing high-risk areas for deeper scrutiny.

 Present risk assessment results and mitigation plans to leadership quarterly.

Internal Controls

 Evaluate the design and operating effectiveness of internal controls across all functions.

 Identify control weaknesses and work with process owners to design and implement stronger controls.

 Follow up on all audit action points to ensure timely remediation.

Compliance – Indian Taxation & GST

 Ensure adherence to all applicable Indian taxation laws including Income Tax (TDS, advance tax, etc.).

 Monitor GST compliance — return filings (GSTR-1, GSTR-3B, GSTR-9), reconciliations, and ITC claims.

 Review vendor and client contracts for tax implications and flag non-compliances proactively.

 Stay updated on changes in GST, Income Tax, and other relevant laws applicable to the service sector

Audit Documentation & Reporting

 Maintain comprehensive audit working papers, evidence files, and documentation in line with best practices.

 Prepare clear, concise internal audit reports with findings, root cause analysis, risk ratings, and recommendations.

 Maintain an audit tracker to monitor status of all open and closed observations.

 Ensure audit documentation is audit-ready for external auditors, management, or regulatory reviews at all times.

Experience/ Educational Qualification:

 CA Inter / CA Final / CMA / MBA (Finance) – preferred.

 B.Com / M.Com graduates with strong relevant experience will also be considered.

 Experience

 3 to 4 years of experience in Internal Audit, Finance & Accounts, or related fields.

 Prior experience in a service industry organization is strongly preferred.

 Proven track record of leading audit teams and managing multiple concurrent audit assignments.

Technical Skills:

 Solid understanding of Process Audits, SOP drafting, Risk Assessment, and Internal Controls.

 Hands-on knowledge of Indian Taxation – TDS, Income Tax Act, and related compliances.

 Strong working knowledge of GST – GSTR filings, ITC reconciliation, and e-invoicing.

 Proficient in Tally ERP 9, SAP FICO, or similar accounting/ERP systems.

 Advanced MS Excel skills for data analysis, audit sampling, and MIS preparation.

Job Location, Work Timings and Work Model:

 Gandhinagar GIFT CITY

 7:30 AM to 4:30 PM

 Full time