Audit Officer/executive Job in Pharmed Limited

Audit Officer/Executive

Location: Rajkot

Key Skills: Internal Audit, Control Audit, Operational Audit

Education: B.Com, M.Com, MBA, or CA/ICWA Inter

Experience: Minimum 4-5 years in an Audit Firm or Internal Audit Department

Gender Preference: Male candidates are preferred due to the travel requirements.

Travel Requirement: Willingness to travel regularly to company warehouse, CFA/CSA locations for audit purposes.

Role Overview

We are looking for an Audit Officer/Executive to join our team. This role is vital in performing internal and operational audits across various business functions. The successful candidate will be responsible for conducting critical business process audits, preparing audit findings, and assisting in improving internal processes and policies. This position will also require extensive travel to various company locations for surprise audits and monitoring.

Key Responsibilities

Critical Business Process Audits:

• Conduct audits of key business processes such as third-party procurement, supply chain, affiliation, HRD, commission structures, brand reminder purchases, freight bills, travel claims, and training expenses (DN/CN).

Process & SOP Audits:

• Assist in reviewing processes, conducting SOP audits, and evaluating internal policies and limits of authority to ensure compliance and operational efficiency.

Statutory Payments Audit:

• Audit statutory payments to ensure compliance with legal and regulatory requirements.

Stock Audits:

• Perform periodic stock audits at warehouses to ensure accurate inventory records and assess stock management processes.

Surprise Audits:

• Travel to CFA/CSA locations for surprise audits as required, ensuring integrity and compliance with policies in remote locations.

Reporting & Documentation:

• Document audit activities thoroughly, prepare clear audit findings reports, and ensure all audit processes and results are well-documented.
• Maintain and manage audit-related documents, including query sheets and the resolutions to those queries.

Follow-Up Audits:

• Conduct follow-up audits to monitor the implementation of corrective actions identified in previous audits.

Risk Identification & Cost-Saving:

• Identify loopholes in processes, recommend risk aversion measures, and suggest cost-saving initiatives to improve operational efficiency.

Knowledge Development:

• Stay updated on rules, regulations, best practices, and new audit tools and techniques to ensure consistent improvement and development in audit standards and performance.

Skills & Qualifications

Educational Qualifications:

Experience:

• At least 4-5 years of experience working in an audit firm or within an internal audit department.

Core Skills:

• Strong knowledge and experience in internal audit, control audits, and operational audits.
• Strong understanding of business processes, including procurement, HR, supply chain, and statutory payments.

Technical Skills:

• Proficient in Microsoft Office (Excel, Word, PPT) for audit documentation and reporting.
• Ability to prepare and present audit findings and reports effectively.

Communication Skills:

• Excellent oral and written communication skills.

Attention to Detail:

• Strong attention to detail and the ability to identify risks, inefficiencies, and cost-saving opportunities.

Travel Flexibility:

• Willingness and readiness to travel extensively to various CFA/CSA locations for surprise audit assignments as needed.

Why Join Us?

This is an excellent opportunity for a seasoned audit professional to join a growing organization where you can expand your career in a diverse and dynamic role. You ll gain exposure to multiple business processes and industries while working with a team of experienced professionals. We provide an open and collaborative work environment, with ample opportunities for learning and career advancement.