Internal Audit Manager

Decorpot; Bengaluru; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

Decorpot, headquartered in Bengaluru, seeks an Internal Audit professional to lead the risk-based audit program across the group, including ECs, the factory, and stores. You will plan, execute, and report audits, develop controls, and partner with finance leadership to strengthen governance.

Travel across India to sites, lead forensic investigations when needed, and engage with the Audit Committee to ensure timely remediation and robust risk management.

Qualifications

• CA qualification mandatory.
• CIA certification is a plus.
• 2–5 years post-qualification experience (PQE).

Responsibilities

• Build and execute the annual risk-based internal audit plan covering all entities and sites.
• Lead end-to-end audits from planning through reporting with risk ratings and action points.
• Produce CFO-grade audit reports with findings and timelines for closure.
• Track closure of audit findings and escalate ageing items to the CEO and Audit Committee.
• Policy, risk and compliance framework development in coordination with finance.
• Prepare quarterly Audit Committee material and present IA reports to the Committee.
• Travel across India to ECs, factory, and group sites.
• Lead forensic investigations on suspected fraud and anomalies.

Skills

Data analytics

Excel

SQL

Audit analytics

Education

CA (Chartered Accountant)

CIA (Certified Internal Auditor)

Tools

ACL

IDEA

Job description

Founder & CEO administratively, with a functional / dotted line to the Audit Committee. Day-to-day coordination with AGM – Finance.

Location

Decorpot HQ, Bengaluru (Electronic City), with travel to ECs, factory, and group sites

Direct reports

1 Internal Audit Executive (to be hired in Year 2); co-source with external IA firms as needed

Entities covered

Decorpot, Decorpot Select, Ekaansh Industries, India Lam, FurnitureOne

Employment type

Full-time, on-roll

Role Overview / Key Responsibilities / A. Internal Audit Plan & Execution

Function

Internal Audit & Risk (Independent)

Reports to

Founder & CEO administratively, with a functional / dotted line to the Audit Committee. Day-to-day coordination with AGM – Finance.

Location

Decorpot HQ, Bengaluru (Electronic City), with travel to ECs, factory, and group sites

Direct reports

1 Internal Audit Executive (to be hired in Year 2); co-source with external IA firms as needed

Entities covered

Decorpot, Decorpot Select, Ekaansh Industries, India Lam, FurnitureOne

Employment type

Full-time, on-roll

• Build and execute the annual risk-based internal audit plan, covering all group entities, all ECs, the factory, FurnitureOne stores, and key corporate processes.
• Lead end-to-end audits — planning, fieldwork, sampling, walkthroughs, testing, exception logging, root-cause analysis, and reporting.
• Produce CFO-grade audit reports with clear findings, risk ratings, and time-bound management action points.
• Track closure of audit findings; elevate ageing items to the CEO and Audit Committee.

B. Process & Control Reviews

• Procure-to-Pay: vendor onboarding, bank account change controls, PO discipline, three-way match, payment release controls (including HDFC Snorkel integration).
• Order-to-Cash: customer onboarding, milestone billing, advance liability mapping, refunds, write-offs, CP commission integrity, and channel-partner controls.
• Hire-to-Retire: payroll, full-and-final, reimbursements (Keka), incentive payouts, statutory deductions.
• Factory / Inventory: BOM accuracy, GRN-vs-PO, scrap / yield, physical verification, stock valuation, fixed asset register.
• EC operations: cash collection (where applicable), site visit logging, design-cost discipline, and customer-facing controls.
• IT general controls: access reviews, segregation of duties in ERP, change management, master data integrity.

C. Forensic & Special Investigations

• Lead forensic investigations on suspected fraud, vendor / CP collusion, payment anomalies, and revenue leakage.
• Run analytics-led continuous monitoring on payments, GST input claims, vendor master changes, and CP commission patterns.
• Present findings to the CEO and Audit Committee with documented evidence.

D. Policy, Risk & Compliance Framework

• Co‑own the policy stack with AGM – Finance — procurement, vendor management, petty cash, reimbursement, capex, treasury, IT, code of conduct.
• Maintain a live group risk register; refresh quarterly.
• Coordinate with statutory auditors, tax consultants, and external IA firms for assurance work; avoid duplication of effort.

E. Audit Committee Engagement

• Prepare quarterly Audit Committee material — IA plan progress, findings, ageing of open items, risk register updates.
• Attend Audit Committee meetings; present IA reports directly.
• Manage the whistleblower / ethics hotline process and report material matters to the Committee.

First 90 Days – Specific Deliverables

• Publish the FY27 risk-based internal audit plan, approved by the CEO and the Audit Committee.
• Complete the first two audits — recommended: Procure-to-Pay (Decorpot HO) and Factory Inventory / BOM (Ekaansh).
• Refresh the group policy stack (procurement, vendor onboarding, petty cash, reimbursement).
• Stand up a quarterly Audit Committee reporting format.
• Build the analytics-led continuous monitoring rules for high-risk payments and vendor master changes.

Qualifications & Experience

• Chartered Accountant (CA) — mandatory. CIA (Certified Internal Auditor) is a plus.
• 2–5 years of post-qualification experience (PQE).
• At least 2 years in Internal Audit / Risk Advisory at a Big 4 (Deloitte, EY, KPMG, PwC) or top‑tier IA firm (Grant Thornton, BDO, Protiviti, Mazars) — preferred.
• Strong preference for candidates with manufacturing / retail / multi‑site exposure.
• Experience leading audits independently and presenting to senior management / Audit Committees.

Skills & Competencies

• Sharp process and controls mindset — ability to dismantle a process into risks, controls, and tests.
• Strong data analytics skills — advanced Excel, SQL or similar, audit analytics tools (ACL / IDEA / equivalent). Comfort with AI‑led audit automation is a strong plus.
• Excellent written communication — audit reports must be precise, evidence‑backed, and actionable.
• Independence, integrity, and the spine to disagree with senior business leaders when controls demand it.
• Travel flexibility — the role requires periodic travel to ECs across India and to the factory.