Department: Internal Audit / Finance & Compliance
Reporting To: Chief Financial Officer (CFO) / Management / Audit Committee
Job Summary:
The Internal Auditor is responsible for evaluating and improving the effectiveness of internal controls, risk management processes, financial systems, operational procedures, and compliance practices within the hospital. The role ensures transparency, operational efficiency, statutory compliance, and adherence to hospital policies and healthcare standards.
Key Responsibilities1. Financial Audit & Verification
- Conduct regular audits of hospital financial transactions and records.
- Verify billing, cash handling, receipts, payments, and revenue cycle processes.
- Review patient billing accuracy, insurance claims, and vendor payments.
- Identify discrepancies, revenue leakages, and financial irregularities.
2. Operational Audit
- Audit clinical and non-clinical operational processes.
- Evaluate efficiency of departmental workflows and resource utilization.
- Monitor inventory management, pharmacy stock, consumables, and asset usage.
- Review procurement and purchase procedures.
3. Compliance & Policy Review
- Ensure compliance with hospital policies, SOPs, NABH standards, and statutory regulations.
- Monitor adherence to financial and administrative controls.
- Verify compliance with labor laws, taxation, biomedical waste management, and healthcare regulations.
4. Risk Assessment & Internal Controls
- Identify operational, financial, and compliance risks.
- Evaluate effectiveness of internal control systems.
- Recommend corrective and preventive measures to strengthen controls.
- Assist management in implementing risk mitigation strategies.
5. Documentation & Reporting
- Prepare detailed audit reports with findings and recommendations.
- Maintain audit documentation and records.
- Present audit observations to management.
- Follow up on corrective actions and closure of audit observations.
6. Coordination & Investigation
- Coordinate with department heads during audits and investigations.
- Conduct special audits as directed by management.
- Investigate suspected fraud, misuse of resources, or policy violations.
Required Qualifications
- Bachelor’s Degree in Commerce, Finance, Accounting, or related field.
- CA / CMA / MBA Finance / Certified Internal Auditor preferred.
- Minimum 2–5 years of experience in internal audit, preferably in healthcare or hospital industry.
Required Skills
- Strong knowledge of auditing principles and financial controls.
- Good understanding of hospital billing and healthcare operations.
- Analytical and problem-solving skills.
- Attention to detail and accuracy.
- Strong communication and reporting abilities.
- Proficiency in MS Excel, ERP systems, and hospital management software.
Working Conditions
- Full-time hospital-based role.
- May require visits to multiple branches/departments.
- Availability for periodic audit reviews and investigations.
Key Performance Indicators (KPIs)
- Accuracy and effectiveness of audit findings.
- Reduction in financial leakages and compliance gaps.
- Timely completion of audit reports.
- Improvement in internal control systems.
- Compliance adherence across departments.
Pay: ₹15,000.00 - ₹60,000.00 per month
Benefits:
- Cell phone reimbursement
- Flexible schedule
- Health insurance
- Internet reimbursement
- Leave encashment
- Paid time off
- Provident Fund
Work Location: In person
