Executive / Assistant Manager - Internal Audit

Rosetta Hospitality; India; Sur place; INR 900 000 - 1 200 000; Plein temps

Résumé du poste

Rosetta Hospitality is seeking a Finance Auditor to conduct comprehensive financial audits across multiple operations in India. The role emphasizes compliance with internal policies and regulatory requirements, along with identifying risks and ensuring accuracy in financial reporting.

You will lead variance analyses, payroll verifications, statutory compliance checks (GST, PF, ESIC), and project/cost controls, delivering actionable insights to management.

Qualifications

• Experience in financial audits across multiple business operations.
• Knowledge of BRISOP guidelines and statutory requirements (GST, ESIC, PF in India).
• Ability to perform variance analysis and prepare management insights.

Responsabilités

• Conduct in-depth financial audits across operations and ensure regulatory compliance.
• Analyze debtor/creditor data, discounts, and contract terms for accuracy.
• Perform store reconciliation, cost and pricing analyses, and wastage controls.

Connaissances

Auditing

Financial analysis

Internal controls

GST and tax compliance

MS Excel

BRISOP guidelines

Outils

Tally ERP

ERP systems

Description du poste

General Responsibilities:

• Conduct in-depth financial audits and analysis across various business operations.
• Ensure compliance with organizational policies and regulatory requirements.
• Identify and mitigate financial and operational risks.
• Monitor and optimize process improvements in income, expenses, payroll, and project management areas to enhance efficiency and accuracy.
• Provide actionable insights and recommendations to management for improved financial control.
• Maintain transparency and integrity in auditing processes while fostering a culture of accountability.

Specific Responsibilities:

Income Audit

• Analyse debtor aging reports and ensure periodic review by management.
• Verify adherence of all offers of credit, discounts and complimentary are approved by the approving authority as per the BRISOP.
• Perform variance analysis between budgets, actuals, and previous year's figures.
• Audit OTA/DTA and Corporate Contracts, rates, and commissions.
• Validate cancellation/refund approval matrices and complimentary service voucher processes.

Expense Audit

• Perform detailed variance analysis between budgets, actuals, and previous year's figures.
• Review creditor aging reports and ensure they are periodically monitored.
• Audit timely payment processes for MSME vendors.
• Conduct a comprehensive review of MIS, trial balance, and reconciliations for transactions and related-party schedules.
• Verify all documents and certifications related to payments.
• Ensure compliance with statutory requirements, including OTA/DTA contract terms and commission structure audits.

Store Reconciliation

• Ensure effective inventory management and oversee pricing and costing processes.
• Audit rate finalization as per BRISOP.
• Analyze wastages, spoilages, and breakages, ensuring strict controls.
• Verify consumption and sales data against store inventory records.
• Monitor high-consumption and high-cost items for better cost control.
• Conduct in-depth analysis of food cost reports to identify discrepancies.

Payroll Verification

• Conduct sample payroll audits monthly from each unit.
• Verify leave data, attendance records, and statutory contributions (such as PF, ESIC, etc.) for the sampled employees.
• Audit shared service salary distribution as per the guidelines.
• Verify loans and advances, and review full and final settlements for employees who have left the organization

Statutory Compliance Verification

• Verify GST input credits and contractor‑paid GST as per the due dates & GST related compliances for regulation payments.
• Review the adherence to applicable statutory regulations, including ESIC, PF & and other local taxes by verifying contributions, filings, and timely remittances.
• Verify Income Tax compliance, ensuring accurate TDS (Tax Deducted at Source) deductions, timely remittance, and filing of returns.

NC Capex (Non-Project)

• Oversee approval of budget and analyse comparative quotation matrices (L1 & L2).
• Ensure alignment of processes with BRISOP guidelines.
• Certify payments and study DCP for approval.
• Monitor clearance of payments and adherence to approving authority guidelines.

Projects

• Review comparative quotation matrices (L1, L2, L3 process) for accuracy and necessary cost vs quality optimization.
• Certify RA (Running Account) and ensure timely deduction of advances/materials.
• Oversee Joint Measuring certifications, penalties & deductions before certifying payments for ongoing projects.
• Audit DLP (Defects Liability Period) release as per BRISOP guidelines.
• Maintain and monitor separate contract sheets for labour and materials.
• Ensure NT (Non-Tendered) items are tracked appropriately and the necessary documentation is maintained to eliminate any un-tendered/unplanned expenses.