About the role

Role: Internal Audit

Location: Airoli, Navi Mumbai

Work hours: 09.00 am to 05.30 pm, Work from Office-6 days a week with 2 Saturdays off

Qualification:

Chartered Accountant (CA) or Cost and Management Accountant (CMA/ICWA)
2–10 years of experience in internal audit / risk / manufacturing finance preferred.

Job Summary

The Internal Auditor will be responsible for conducting internal audits across manufacturing operations, finance processes, inventory management, procurement, and compliance functions. The role involves identifying control gaps, improving operational efficiency, ensuring policy compliance, and strengthening internal controls across plant and corporate functions.

Key Responsibilities

1. Internal Audit Execution

Conduct risk-based internal audits across manufacturing plants and corporate functions.
Prepare audit programs, checklists, and audit plans .
Perform process walkthroughs and control testing .
Identify control weaknesses and recommend improvements.

2. Manufacturing & Operational Audits

Audit production processes, material consumption, and wastage analysis .
Review BOM accuracy, standard costing, and variance analysis .
Evaluate plant efficiency, yield analysis, and capacity utilization .

3. Inventory & Stores Audit

Conduct inventory verification and cycle counts .
Audit raw material, WIP, and finished goods .
Review stock reconciliation, slow-moving inventory, and obsolescence provisions .

4. Procurement & Vendor Audits

Review purchase processes, vendor selection, and contract compliance .
Audit pricing, purchase approvals, and GRN controls .

5. Financial & Compliance Audit

Review financial controls and accounting entries .
Ensure compliance with company policies, statutory requirements, and SOPs .
Assist in statutory audit and management audits .

6. Reporting & Follow-ups

Prepare internal audit reports with observations, root cause analysis, and recommendations .
Track closure of audit findings and corrective actions .
Present audit findings to management and audit committee .

Required Skills

Strong knowledge of internal controls and risk management
Understanding of manufacturing processes and costing
Experience with SAP
Strong analytical and problem-solving skills
Ability to conduct data analysis and process reviews
Good communication and report writing skills

Preferred Experience

Experience in manufacturing industry internal audits
Exposure to plant audits, inventory audits and branch audits
Knowledge of process improvement and operational efficiency