Walk-in | Internal Auditor

Aster DM quality care; Tirupati; On-site; INR 400,000 - 700,000; Full time

Job summary

Aster DM quality care in Tirupati is seeking an Audit Specialist to conduct comprehensive Financial Audit, Patient Billing Audit, Pharmacy & Inventory Audit, Cash & Bank Audit, and Vendor Audit. The role includes departmental audits across OPD, IPD, Emergency, Pharmacy, Laboratory, Radiology, OT, ICU, Housekeeping, Stores, Billing and Finance.

The position focuses on identifying discrepancies, revenue leakage, and non-compliance, with recommendations to management and follow-up until closure.

Responsibilities

• Verify hospital income, expenses, receipts, payments, and accounting records.
• Check cash collections and daily cash closing.
• Audit OPD, IPD, emergency, pharmacy, laboratory, and diagnostic billing.
• Identify billing errors, revenue leakage, and unauthorized discounts.
• Verify patient bills against services actually provided.
• Check whether all procedures, investigations, medicines, and consumables are properly billed.
• Review cancellations, refunds, discounts, credit bills, and write-offs.
• Check insurance/TPA claims and identify discrepancies.
• Verify medicine and medical consumable stock.
• Check purchase records, stock registers, issues, returns, and expiry items.
• Conduct physical stock verification.
• Identify shortages, excess stock, expired items, and wastage.
• Verify cash collections from different departments.
• Check deposits against collection records.
• Reconcile cash and bank transactions.
• Review petty cash and supporting documents.
• Check purchase orders, quotations, invoices, GRNs, and approvals.
• Verify vendor payments and outstanding balances.
• Ensure purchases follow hospital policies and approval procedures.
• Identify duplicate or unusual payments.
• OPD
• IPD
• Emergency
• Pharmacy
• Laboratory
• Radiology
• OT
• ICU
• Housekeeping
• Stores
• Billing
• Finance
• Check whether employees follow hospital policies and SOPs.
• Verify required approvals and authorization levels.
• Check compliance with applicable healthcare, financial, statutory, and accreditation requirements.
• Report non-compliance to management.
• Identify suspicious transactions and control weaknesses.
• Investigate unusual billing, refunds, discounts, stock shortages, or financial transactions.
• Recommend controls to prevent fraud and revenue leakage.
• Evaluate whether proper controls exist for cash, billing, inventory, purchasing, and payments.
• Identify gaps and recommend corrective actions.
• Follow up on previous audit observations.
• Prepare daily/weekly/monthly audit reports as required.
• Document audit findings with supporting evidence.
• Highlight financial loss, operational risks, and compliance issues.
• Submit recommendations to management and follow up until closure.

Job description

Role & responsibilities

Financial Audit

• Verify hospital income, expenses, receipts, payments, and accounting records.
• Check cash collections and daily cash closing.
• Audit OPD, IPD, emergency, pharmacy, laboratory, and diagnostic billing.
• Identify billing errors, revenue leakage, and unauthorized discounts.

Patient Billing Audit

• Verify patient bills against services actually provided.
• Check whether all procedures, investigations, medicines, and consumables are properly billed.
• Review cancellations, refunds, discounts, credit bills, and write-offs.
• Check insurance/TPA claims and identify discrepancies.

Pharmacy & Inventory Audit

• Verify medicine and medical consumable stock.
• Check purchase records, stock registers, issues, returns, and expiry items.
• Conduct physical stock verification.
• Identify shortages, excess stock, expired items, and wastage.

Cash & Bank Audit

• Verify cash collections from different departments.
• Check deposits against collection records.
• Reconcile cash and bank transactions.
• Review petty cash and supporting documents.

Purchase & Vendor Audit

• Check purchase orders, quotations, invoices, GRNs, and approvals.
• Verify vendor payments and outstanding balances.
• Ensure purchases follow hospital policies and approval procedures.
• Identify duplicate or unusual payments.

Departmental Audits

• OPD
• IPD
• Emergency
• Pharmacy
• Laboratory
• Radiology
• OT
• ICU
• Housekeeping
• Stores
• Billing
• Finance

Compliance & SOP Audit

• Check whether employees follow hospital policies and SOPs.
• Verify required approvals and authorization levels.
• Check compliance with applicable healthcare, financial, statutory, and accreditation requirements.
• Report non-compliance to management.

Fraud & Risk Detection

• Identify suspicious transactions and control weaknesses.
• Investigate unusual billing, refunds, discounts, stock shortages, or financial transactions.
• Recommend controls to prevent fraud and revenue leakage.

Internal Control Review

• Evaluate whether proper controls exist for cash, billing, inventory, purchasing, and payments.
• Identify gaps and recommend corrective actions.
• Follow up on previous audit observations.

Audit Reporting

• Prepare daily/weekly/monthly audit reports as required.
• Document audit findings with supporting evidence.
• Highlight financial loss, operational risks, and compliance issues.
• Submit recommendations to management and follow up until closure.