Internal Audit and Quality Assurance

PeopleStrong; Nazareth; On-site; INR 600,000 - 900,000; Full time

Job summary

PeopleStrong is seeking an Internal Audit professional to conduct audits in all MFL Branches as per the program from the Department. The role involves extensive travel and strict confidentiality.

The incumbent will verify documents related to Fixed Deposits, Secured Loans, bank transactions, salary and incentive payments, and various branch records, ensuring compliance with standing instructions and circulars.

Responsibilities

• 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.

Job description

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 theirinterest 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.