Audit Executive

Damji Shamji Shah Group; Mumbai; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Damji Shamji Shah Group is seeking a seasoned Internal Audit professional to lead verification, vendor payments, GST/TDS compliance and statutory audits.

You will review accounts, reconcile ledgers, coordinate with auditors, and prepare MIS observations. CA/CA Inter with 7+ years in internal audit/accounts and Tally/ERP expertise preferred.

Qualifications

• CA or CA Inter preferred
• 7 years of experience in internal audit/accounts
• Good knowledge of GST, TDS and accounting principles
• Experience with Tally / ERP systems; Farvision experience would be an advantage
• Good analytical and reconciliation skills

Responsibilities

• Verify accounting entries, vouchers, invoices, debit/credit notes and supporting documents.
• Identify errors, irregularities, duplicate payments et al.
• Verify vendor bills against purchase orders, work orders, agreements and approvals.
• Check payment requests and supporting documents before processing.
• Verify advances, adjustments and outstanding vendor balances.
• Review contractor and supplier payments for accuracy.
• Review bank reconciliations and investigate unreconciled items.
• Scrutinize major ledger accounts and identify unusual or incorrect entries.
• Verify inter-company and inter-project transactions.
• Assist in checking GST, TDS and other statutory accounting records.
• Verify GST input credits with books and available documentation.
• Check TDS deductions and ensure proper accounting.
• Coordinate with the accounts team during statutory audits and assessments.
• Prepare audit observations and exception reports.
• Coordinate with statutory auditors, internal auditors and tax auditors.
• Provide documents and explanations required during audits.
• Track audit queries and ensure timely closure of observations.

Skills

Analytical skills

Reconciliation skills

GST knowledge

TDS knowledge

ERP systems

Education

CA or CA Inter

Tools

Tally/ERP systems

Farvision

Job description

Role & responsibilities

• Internal Audit & Verification
• Verify accounting entries, vouchers, invoices, debit/credit notes and supporting documents.
• Identify errors, irregularities, duplicate payments et al.
• Vendor & Payment Audit
• Verify vendor bills against purchase orders, work orders, agreements and approvals.
• Check payment requests and supporting documents before processing.
• Verify advances, adjustments and outstanding vendor balances.
• Review contractor and supplier payments for accuracy.
• Bank & Ledger Reconciliation
• Review bank reconciliations and investigate unreconciled items.
• Scrutinize major ledger accounts and identify unusual or incorrect entries.
• Verify inter-company and inter-project transactions.
• GST, TDS & Statutory Compliance
• Assist in checking GST, TDS and other statutory accounting records.
• Verify GST input credits with books and available documentation.
• Check TDS deductions and ensure proper accounting.
• Coordinate with the accounts team during statutory audits and assessments.
• MIS & Audit Reports
• Prepare audit observations and exception reports.
• External & Statutory Audit Support
• Coordinate with statutory auditors, internal auditors and tax auditors.
• Provide documents and explanations required during audits.
• Track audit queries and ensure timely closure of observations.

Preferred candidate profile

• CA or CA Inter preferred
• 7 years of experience in internal audit/accounts
• Good knowledge of GST, TDS and accounting principles
• Experience with Tally / ERP systems; Farvision experience would be an advantage
• Good analytical and reconciliation skills