Key Responsibilities1. Internal Audit Planning & Execution
- Develop and execute risk-based internal audit plans covering academic and non-academic departments.
- Conduct audits of finance, admissions, examinations, procurement, HR, payroll, student services, hostel, transport, stores, and other university functions.
- Review processes, policies, controls, approvals, and supporting documentation.
- Perform transaction testing and verify compliance with approved policies and procedures.
- Identify control weaknesses, process gaps, financial irregularities, and operational risks.
2. Academic & University Process Audit
- Review academic processes including admissions, fee collection, scholarships, attendance, examinations, results, and student records.
- Audit compliance with University policies and applicable regulatory/statutory requirements.
- Review faculty-related processes such as recruitment, workload, attendance, leaves, and academic documentation.
- Evaluate controls around research grants, projects, consultancy, and other academic activities where applicable.
3. Financial & Operational Audit
- Review financial transactions, expenditure, revenue, receivables, payments, and reconciliations.
- Examine procurement, vendor selection, purchase orders, contracts, inventory, and asset management processes.
- Review payroll, employee reimbursements, advances, and other employee-related financial transactions.
- Assess operational efficiency and identify opportunities for cost optimization.
4. Risk & Compliance
- Identify and assess financial, operational, academic, and compliance risks.
- Evaluate the adequacy and effectiveness of internal controls.
- Monitor compliance with University policies, statutory requirements, and applicable regulatory guidelines.
- Support management in developing risk mitigation and control improvement measures.
5. Audit Reporting & Follow-up
- Prepare detailed internal audit reports highlighting observations, risks, root causes, and recommendations.
- Discuss audit findings with concerned department heads and obtain management responses.
- Maintain an audit observation tracker and monitor closure of corrective actions.
- Conduct follow-up audits to verify implementation of agreed recommendations.
- Escalate significant or recurring control issues to senior management.
6. Investigation & Special Audits
- Conduct special audits and investigations as assigned by senior management.
- Review suspected financial irregularities, policy violations, process deviations, and control failures.
- Maintain confidentiality and ensure proper documentation of audit evidence and findings.
7. Team & Stakeholder Management
- Lead and supervise internal audit team members.
- Allocate audit assignments and monitor completion within defined timelines.
- Coordinate with Finance, HR, Academics, Admissions, Procurement, Examination, IT, and other departments.
- Provide guidance and training to audit team members on audit procedures, risk assessment, and internal controls.
Key Skills & Competencies
- Internal Audit & Risk Management
- Financial and Operational Auditing
- Internal Control Assessment
- Compliance Audit
- Risk-Based Audit Planning
- Data Analysis and MIS Reporting
- Financial Analysis
- Root Cause Analysis
- Audit Documentation and Report Writing
- Investigation & Fraud Risk Assessment
- Strong analytical and problem-solving skills
- Excellent communication and stakeholder management skills
- High level of integrity, confidentiality, and attention to detail
- Proficiency in MS Excel, ERP systems, and audit/MIS tools
Qualification
- Bachelor's degree in Commerce, Finance, Accounting, Business Administration, or a related discipline.
- Master's degree in Finance, Commerce, Accounting, or Management will be preferred.
- CA/CPA/CMA/CIA or relevant professional certification will be an advantage.
Pay: ₹50,000.00 - ₹70,000.00 per month
Work Location: In person
