About This Role
Leading a two-member internal audit team, the Internal Auditor will build and execute a robust audit framework, drive process improvements, and ensure end-to-end compliance with 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 within a service organization.
Responsibilities
- 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
- 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
- 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
- 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
- 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
- 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
Requirements
- CA Inter / CA Final / CMA / MBA (Finance) preferred
- B.Com / M.Com graduates with strong relevant experience will also be considered
- 3 to 4 years of experience in Internal Audit, Finance & Accounts, or related fields
- Prior experience in a service industry organization is strongly preferred
