Concurrent Audit

Easy Home Finance Limited; Gurugram District; On-site; INR 600,000 - 1,000,000; Full time

Job summary

A housing finance company is seeking a Concurrent Auditor to conduct real-time audits and ensure compliance with internal policies and regulatory guidelines. The role involves monitoring financial transactions for accuracy, reporting irregularities, and preparing comprehensive audit reports. Ideal candidates should have a relevant degree, auditing experience, and a solid understanding of financial regulations. Proficiency in audit software and effective communication skills are essential for this position.

Qualifications

• Proven experience as an Auditor, preferably in the Housing Finance Company.
• Sound knowledge of accounting principles, internal controls, and auditing standards.
• Familiarity with regulatory guidelines applicable to housing finance companies in India.

Responsibilities

• Conduct concurrent audits of Home Loan products and operational activities.
• Identify and report deviations or non-compliance with procedures.
• Review loan portfolios to ensure compliance with legal policies.

Skills

Auditing

Financial analysis

Regulatory compliance

Effective communication

Data analysis tools

MS Office proficiency

Education

Bachelor’s degree in law, Accounting, Finance, or related field

Tools

Audit software

Data analysis tools

Job description

We are seeking a highly skilled and experienced Concurrent Auditor to join our team at EHFL. As a Concurrent Auditor, will be responsible for conducting real-time audits and ensuring compliance with internal policies, regulatory requirements, and best practices. The primary focus will be on monitoring the accuracy and integrity of financial transactions, identifying potential risks, and recommending appropriate control measures.

Job Description

1. Conduct concurrent audit of Home Loan products, loan disbursements and other operational activities to ensure adherence to company policies, procedures, and relevant regulatory guidelines.
2. Identify and report any deviations, irregularities, or non-compliance with established procedures or regulatory requirements.
3. Assess the effectiveness of internal controls and make recommendations for improvements to mitigate risks and enhance operational efficiency.
4. Review loan portfolios, including loan applications, loan agreements, collateral valuation, and documentation to ensure compliance with Legal policies and regulatory guidelines.
5. Prepare comprehensive audit reports, including findings, observations, and recommendations, and present them to management and relevant stakeholders.

Qualifications and Requirements

1. Bachelor’s degree in law, Accounting, Finance, or a related field. (LLB/ CA- Inter/MBA preferred).
2. Proven experience as an Auditor, preferably in the Housing Finance Company, with a focus on concurrent auditing.
3. Sound knowledge of accounting principles, internal controls, and auditing standards.
4. Familiarity with regulatory guidelines and compliance requirements applicable to housing finance companies in India.
5. Effective communication skills, both verbal and written, with the ability to prepare clear and concise audit reports and present findings to various stakeholders.
6. Proficient in using audit software, data analysis tools, and MS Office applications.
7. Ability to work independently and manage multiple concurrent audits while adhering to strict deadlines.
8. Ethical conduct, integrity, and the ability to maintain confidentiality when handling sensitive information.