Internal Audit Executive

1. *Audit Planning and Execution:*

2. Develop and implement an annual internal audit plan based on a risk assessment of the college's operations.

3. Conduct audits across various departments, including finance, administration, procurement, and academics.

4. Review and evaluate the adequacy and effectiveness of internal controls, policies, and procedures.

5. Identify areas of risk, inefficiency, or non-compliance, and recommend corrective actions.

6. *Financial Audits:*

7. Examine financial records, reports, and statements to ensure accuracy, completeness, and compliance with established regulations and standards.

8. Verify the integrity of financial transactions, budgets, and expenditures.

9. Assess the management of funds, grants, and scholarships to ensure they are used appropriately and in line with donor specifications.

10. *Operational Audits:*

11. Evaluate the efficiency and effectiveness of the college's operational processes, including admissions, student services, and human resources.

12. Review academic and administrative processes to ensure they align with the college's mission and objectives.

13. Monitor compliance with regulatory requirements, accreditation standards, and institutional policies.

14. *Compliance Audits:*

15. Ensure the college's operations comply with applicable laws, regulations, and accreditation requirements.

16. Review the implementation of internal policies and procedures to ensure adherence and consistency across all departments.

17. Evaluate the college's adherence to ethical standards, data protection, and privacy regulations.

18. *Risk Management:*

19. Identify and assess potential risks that could impact the college's operations, reputation, or financial stability.

20. Develop and recommend strategies to mitigate identified risks.

21. Monitor the implementation of risk management plans and report on their effectiveness.

22. *Reporting:*

23. Prepare comprehensive audit reports that outline findings, risks, and recommendations for improvement.

24. Present audit findings to senior management, the audit committee, and other stakeholders.

25. Track the implementation of audit recommendations and follow up on corrective actions.

26. *Collaboration and Advisory:*

27. Work closely with department heads and staff to improve processes and ensure continuous improvement in internal controls.

28. Provide advisory services on best practices for risk management, compliance, and internal controls.

29. Assist in the development of training programs to enhance staff awareness and compliance with internal controls and policies.

30. *Continuous Improvement:*

31. Stay informed about developments in auditing standards, financial regulations, and higher education compliance requirements.

32. Recommend and implement improvements to the internal audit process.

33. Foster a culture of accountability, transparency, and ethical behavior within the college.

• *Education: * Bachelor's degree in Accounting, Finance, Business Administration, or a related field. A master's degree or professional certifications (e.g., CIA, CPA) is preferred.

• *Experience:* Minimum of 5 years of experience in internal auditing, financial auditing, or a related role, preferably within an educational institution.

• *Skills:*

• Strong analytical and problem-solving abilities.

• Excellent communication and report-writing skills.

• Proficiency in auditing software and Microsoft Office Suite.

• Attention to detail and high ethical standards.

• Primarily office-based with occasional visits to various departments for on-site audits.

• Some travel may be required for audits across multiple campuses or branches.

Job Type: Full-time

Pay: ₹15, ₹20,000.00 per month

Ability to commute/relocate:

• Himayatnagar, Hyderabad, Telangana: Reliably commute or planning to relocate before starting work (Required)

Education:

• Master's (Preferred)

Experience:

• Accountant: 4 years (Preferred)
• as a Internal Auditor: 3 years (Preferred)

Work Location: In person