Audit Manager

Interlink Communication Pvt Ltd is seeking a detail-oriented and highly skilled Audit Manager to lead and execute comprehensive audit processes. The ideal candidate will have at least three years of experience in auditing and a strong foundation in risk assessment, internal controls evaluation, and audit planning and execution. This position focuses on ensuring compliance with company policies, legal regulations, and financial accuracy to safeguard the organization's assets and financial integrity. While this role does not involve managing a team, it requires strong analytical skills, meticulous attention to detail, and a commitment to continuous knowledge development in auditing standards and sector regulations. The Audit Manager will be responsible for conducting audits across multiple departments including financial reports, inventory management, payroll, and procurement processes. This role demands proficiency in identifying process weaknesses, recommending improvements, and verifying the accuracy of accounting systems and records. The successful candidate will ensure that all audit activities uphold industry best practices and comply with applicable laws, thus contributing to the prevention of fraud, errors, and financial discrepancies.
Responsibilities

• Evaluate internal controls, corporate governance, and accounting processes to ensure compliance with company policies, laws, and regulations.
• Conduct audits of financial reports including balance sheets, income statements, assets, liabilities, income, and expenses.
• Audit inventory management, production, sales and receivables, purchases, accounts payable, expenses, fixed assets and depreciation, cash and bank transactions, payroll, attendance records, and human resource documents.
• Perform full audit cycles encompassing risk management and control management over operational effectiveness, financial reliability, and regulatory compliance.
• Prepare detailed reports reflecting audit results, document audit processes, and identify gaps with recommendations for risk mitigation and cost savings.
• Continuously update knowledge of sector rules, regulations, best practices, auditing tools, techniques, and performance standards.
• Assess productivity and efficiency of internal staff, ensure proper segregation of duties, and suggest process improvements.
• Verify the accuracy and functionality of accounting systems and recommend changes where necessary.
• Audit payments, expenses, and procurements to ensure transactions are adequately supported and properly authorized.
• Inspect and verify accounts receivable, accounts payable ledgers, and general ledger accuracy.
• Perform verification of customer incentives, secondary sales, and reconciliation of purchases, sales, and stock balances.
• Conduct periodical physical inventory counts and reconcile results with inventory ledgers.
• Verify stock movements including stock in/out, goods receipt notes, gate outward passes, delivery notes, and report deficiencies.
• Regularly verify fixed assets and confirm accuracy of depreciation calculations.
• Inspect and reconcile bank deposits and payment transactions.
• Confirm expenses and purchases are supported by proper invoices and correctly posted in ledger accounts.
• Verify imports, including supplier invoices and related taxes and duties, ensuring accurate valuation.
• Audit monthly payrolls against source documents, employee advances, and loans to ensure compliance with company policies.
• Test and assess software and hardware systems for potential failures impacting financial records.
• Ensure accounting and client databases are current and operating effectively.
• Review and recommend improvements in internal audit controls to enhance risk management.
• Verify accounting books and records align with industry standards and corporate policies.
• Ensure compliance with regulatory guidelines and generally accepted auditing standards.
• Calculate and verify tax books, tax reports, and declarations to confirm compliance with applicable tax authorities.