Ishan Technologies
Website:
ishantechnologies.com
Job details:
Role Purpose
To establish and lead the Internal Audit function across Ishan Group, ensuring effective controls, process discipline, financial integrity, compliance and prevention of financial leakages and irregularities.
Key Responsibilities
- Set up Internal Audit Function: Develop the Internal Audit framework, policies, SOPs, audit methodology, annual audit plan and reporting mechanism.
- Process Audit: Conduct risk-based audits of key business and support processes including sales, billing, procurement, projects, collections, finance, HR, IT and operations.
- Transaction & Payment Audit: Review and validate major/high-risk transactions and payments, including invoices, POs, approvals, supporting documents, contractual terms and Delegation of Authority.
- Vendor & Expense Audit: Audit vendor onboarding, procurement, vendor payments, employee expenses, reimbursements, advances and other operating expenses to identify irregularities, duplication, overpayment and leakages.
- Project & Commercial Audit: Review project costs, billing, margins, collections, contractual compliance, project expenses and revenue leakages.
- Financial & Internal Control Review: Evaluate internal controls, segregation of duties, authorization processes and compliance with company policies.
- Fraud & Special Reviews: Conduct investigations / special audits relating to suspected fraud, financial irregularities, policy violations or management concerns.
- Audit Reporting: Issue concise audit reports covering observations, risks, financial impact, root cause and corrective actions.
- Follow-up: Track closure of audit observations and ensure implementation of agreed corrective actions.
- Data Analytics: Develop data-driven checks and exception reports for continuous monitoring of transactions, payments, vendors and expenses.
Key Deliverables
- Risk-based annual Internal Audit Plan
- Regular process and transaction audits
- Effective review of payments, vendors and expenses
- Identification of financial leakages and control weaknesses
- Timely audit reports and closure of observations
- Continuous strengthening of internal controls and governance
Candidate Profile
- CA equivalent qualification preferred
- 10+ years of relevant experience in Internal Audit / Risk / Finance / Assurance.
- Experience in setting up or leading Internal Audit function.
- Strong understanding of accounting, finance, procurement, payments and internal controls.
- Strong analytical, investigative and communication skills.
- High level of integrity, independence and professional judgment.
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