Manager Audit

Aster DM Healthcare; Bengaluru; On-site; INR 2,600,000 - 3,800,000; Full time

Job summary

Aster DM Healthcare seeks a senior audit professional to lead external audits, IFC reviews and regulatory compliance across group entities in Bengaluru. You will coordinate with Big 4 firms, review financial statements and drive timely closure of audit observations while strengthening governance and risk management.

Responsibilities include audits across hospitals and units, cost and tax audits, CCM, related party reviews, and team leadership with travel as needed.

Responsibilities

• Lead quarterly Limited Reviews and year-end Statutory Audits across Group entities.
• Coordinate with Big 4/external auditors and resolve audit queries.
• Review quarterly and annual financial statements for Ind AS compliance.
• Lead Internal Financial Controls audit, review RACMs and processes.
• Lead Tax Audit workings and coordinate with Tax teams.
• Coordinate Cost Audit with external auditors and deliverables.
• Review Related Party Transactions and arm’s length analyses.
• Review CCM process to strengthen financial controls.
• Monitor compliance with statutory, regulatory and internal requirements.
• Build relationships with stakeholders to resolve audit and reporting matters.
• Provide insights on audit findings and drive process improvements.
• Lead and guide audit team, ensure timely delivery and quality.

Job description

1. External Audit & Limited Reviews:

Lead and coordinate quarterly Limited Reviews and year-end Statutory Audits across Group entities. Act as a key point of contact with Big 4/External Auditors, review audit schedules and financial information, resolve audit queries and drive timely closure of audit observations.

2. Review of Financials Statement:

Review quarterly and annual financial statements and ensure accuracy, completeness and compliance with applicable Ind AS and regulatory requirements.

3. Internal Financial Controls (IFC):

Lead the IFC audit process in coordination with Auditors, including review of key controls, RACMs and process documentation, identification of control gaps, evaluation of remediation plans and monitoring of timely closure of observations.

4. Tax Audit:

Lead the preparation and review of Tax Audit workings for Group entities and coordinate with Tax Consultants and Finance teams to ensure timely completion and filing within statutory deadlines.

5. Cost Audit:

Manage and coordinate the Cost Audit process across Group entities, including coordination with external Cost Auditors, review of schedules and workings, resolution of queries and timely completion of audit deliverables.

6. Related Party Transactions & Arms Length Analysis:

Review Related Party Transactions across Group entities and ensure compliance with applicable requirements. Coordinate with Big 4 firms for Arm’s Length Analysis, review the analysis and reports, and ensure appropriate documentation and compliance.

7. Internal Controls & CCM:

Review the Continuous Controls Monitoring (CCM) process and identify opportunities to strengthen financial controls, improve processes and mitigate key financial and operational risks.

8. Compliance & Governance:

Monitor and ensure compliance with statutory, regulatory, accounting and internal requirements applicable to Group entities. Identify compliance gaps and drive timely corrective actions.

9. Stakeholder Management:

Build strong working relationships with Group Finance, Business Finance, Unit Finance teams, Big 4 Auditors, Tax Consultants, Cost Auditors and other stakeholders to ensure timely resolution of audit, financial reporting and compliance matters.

10. Management & Process Improvement:

Provide independent insights and recommendations on audit findings, financial controls, compliance and process improvements. Drive standardisation and improvement of audit processes and reporting across Group entities.

11. Team Leadership:

Lead and guide team members in audit assignments through effective planning, review, coaching and knowledge sharing. Ensure quality and timely completion of assigned deliverables.

12. Operational Reviews & Travel:

Undertake risk-based reviews and audit activities across hospitals and other business units. Willingness to travel to various hospital locations as required for audits, IFC reviews, cash verification, process reviews and other business requirements.