Internal Audit Manager for Manufacturing Industry

Job Description:

• CA or CA-Inter with 5-10 years of experience in Manufacturing.
• Good knowledge of SAP and MS Excel
• Person will be responsible for conducting internal audit in plant and to examine, analyze and interpret internal audit report and present data to the management for corrective action.
• Identify the location for auditing and prepare an audit calendar for the financial year
• Conducting physical verification of all assets on monthly/quarterly basis.
• Inventory analysis and conducting physical verification on sampling basis.
• Review scrap sales and other sales from the factory and ensure it is going out from the factory with proper documentation.
• Verify inward and outward records of the factory on monthly basis.
• Auditing all inter-company and intra-company transactions such as sale, purchase, transfer, petty cash, payment etc.
• Auditing all departmental input-output production processes including wastages.
• Checking booking of expenses and material consumption on real time basis for all locations.
• Auditing payroll results and statutory payments such as PF, ESIC, PT, MLWF etc. and ensure it is as per the statutory and company policies.
• Collect and analyze data to detect deficient controls, duplicated effort, pilferage, or non- compliance with laws, regulations, and management policies.
• Material consumption with respect to Stores and purchase, verifying purchase with PO, Invoices and GRN.
• Evaluation of all existing SOPs and internal controls and recommendation for improvements.