Manager-Internal Audit & Quality Assurance

PeopleStrong; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Muthoot Fincorp Ltd. is seeking a Manager-Internal Audit & Quality Assurance to conduct audits across its branches. The role requires visiting multiple locations and maintaining strict confidentiality as per the department program.

The candidate will verify a wide range of documents including bank transactions, deposits, secured loans, and staff records, ensuring accuracy and compliance. Travel will be extensive, and integrity is essential.

Qualifications

• 4–10 years of internal audit experience.
• Willingness to travel extensively.
• Strict confidentiality and integrity would be maintained.

Responsibilities

• Conduct internal audits across MFL branches as per department programs.
• Verify documents for Fixed Deposits/Secured Debentures and interest payments.
• Verify documents for Secured Loans/Part Withdrawals and receipts.
• Verify bank transactions and cheque utilization.
• Verify Gold Loan documentation and stamping.
• Audit staff salary records and recovery of any excess payments.
• Review incentive payments and recoveries under various schemes.
• Reconcile HO/RO accounts and branch statements.
• Vet authorization of payments and flag unauthorized transactions.

Skills

Internal Audit

Risk Assessment

Job description

Manager-Internal Audit & Quality Assuran...

MFL/-A-QA/1459692

• Muthoot Fincorp Ltd.
• ANDHERI-SAKINAKA

Posted On 22 Aug 2025

End Date 30 Nov 2027

Required Experience 4 - 10 years

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.