Internal Audit

### *Key Roles and Responsibilities:*

1. *Audit Planning and Execution:*
- Develop and implement an annual internal audit plan based on a risk assessment of the college’s operations.
- Conduct audits across various departments, including finance, administration, procurement, and academics.
- Review and evaluate the adequacy and effectiveness of internal controls, policies, and procedures.
- Identify areas of risk, inefficiency, or non-compliance, and recommend corrective actions.

2. *Financial Audits:*
- Examine financial records, reports, and statements to ensure accuracy, completeness, and compliance with established regulations and standards.
- Verify the integrity of financial transactions, budgets, and expenditures.
- Assess the management of funds, grants, and scholarships to ensure they are used appropriately and in line with donor specifications.

3. *Operational Audits:*
- Evaluate the efficiency and effectiveness of the college’s operational processes, including admissions, student services, and human resources.
- Review academic and administrative processes to ensure they align with the college’s mission and objectives.
- Monitor compliance with regulatory requirements, accreditation standards, and institutional policies.

4. *Compliance Audits:*
- Ensure the college’s operations comply with applicable laws, regulations, and accreditation requirements.
- Review the implementation of internal policies and procedures to ensure adherence and consistency across all departments.
- Evaluate the college’s adherence to ethical standards, data protection, and privacy regulations.

5. *Risk Management:*
- Identify and assess potential risks that could impact the college’s operations, reputation, or financial stability.
- Develop and recommend strategies to mitigate identified risks.
- Monitor the implementation of risk management plans and report on their effectiveness.

6. *Reporting:*
- Prepare comprehensive audit reports that outline findings, risks, and recommendations for improvement.
- Present audit findings to senior management, the audit committee, and other stakeholders.
- Track the implementation of audit recommendations and follow up on corrective actions.

7. *Collaboration and Advisory:*
- Work closely with department heads and staff to improve processes and ensure continuous improvement in internal controls.
- Provide advisory services on best practices for risk management, compliance, and internal controls.
- Assist in the development of training programs to enhance staff awareness and compliance with internal controls and policies.

8. *Continuous Improvement:*
- Stay informed about developments in auditing standards, financial regulations, and higher education compliance requirements.
- Recommend and implement improvements to the internal audit process.
- Foster a culture of accountability, transparency, and ethical behavior within the college.

## *Qualifications:*
- *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.

## *Working Conditions:*
- 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.

Pay: ₹15,000.00 - ₹20,000.00 per month

Ability to commute/relocate:

- Tolichowki, 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