Branch Internal Auditor

Muthoot Fincorp Limited; Bhandara; On-site; INR 500,000 - 900,000; Full time

Job summary

MUTHOOT FINCORP LTD is seeking an Internal Auditor to conduct internal audits across branches as per departmental programs. The role requires extensive traveling and strict confidentiality to be maintained.

Responsible for verification of deposits, secured loans, and related interest payments, as well as bank transactions and staff records. Location is Karnataka; employment type transitions from Probation to Permanent.

Qualifications

• Carry out internal audits across all branches as per department program.
• Maintain strict confidentiality and travel extensively as required.
• Verify documents of fixed deposits/secured debentures and interest payments.
• Verify bank transactions, cheques, and related financial records.
• Verify salary payments, incentives, deductions and recovery of excess payments.

Job description

BRANCH INTERNAL AUDITOR A Job Specification

• 1 Company Name : MUTHOOT FINCORP LTD
• 2 Position / Designation : INTERNAL AUDITOR
• 3 Grade : B2
• 4 Department : INTERNAL AUDITOR & QUALITY ASSURANCE
• 5 Employment Type : Probation > Permanent
• 6 Reporting to – Designation & Grade : MANAGER-AUDIT - INTERNAL AUDITOR & QUALITY ASSURANCE
• 7 Areas of Responsibility : To Conduct internal Audit in all MFL Branches as per the program given from the Department. The job involves extensive traveling and confidentiality is to be maintained very strictly. Verification of Documents of Fixed Deposits/Secured Debentures and their interest payments Verification of Documents of Secured Loans/Part Withdrawals and their interest receipts Verification of Bank transactions and utilization of Cheque Verification of Gold Loan Notice Documents and utilization of stamps Verification Leave records and other Statutory records of Staff maintained by the branch Verification of Salary payment records of staff and recovery of excess payments, if any made Verification of Incentive payment records under various schemes to staff and recovery of excess payments, if any Verification of Reconciliation statements of HO/RO Accounts Verification of Gold Loan Documents i.e. Pledge & Release Documents Verification of Documents of Swarna varsham Loans disbursed Verification of various Daily, Weekly & Monthly Statements of Branch Vouching of various Receipts &Payments of Branch with Day Book Verification of authorization of various payments and Reporting of any unauthorized payments for which ex post facto approval is required Verification of Western Union money transfer documents Verification of Auction Documents Verification of various Registers/Records/Files to be maintained by the Branch as per the standing instructions and as per circulars issued from time to time.
• 8 Job Location / State : Karnataka