Internal Audit Executive
CurrentResponsibilities:• Execute pre-payment audits to ensure financial accuracy and compliance with internal policies and regulatory standards across the Pharma, Power, Footwear and Textile industries.• Assist in developing and implementing risk management strategies to safeguard company assets and prevent financial discrepancies.• Collaborate with various departments to streamline audit processes and enhance operational efficiency.• Prepare audit reports with recommendations for improving financial controls and reducing risks.• Verify the accuracy of financial documents and transactions before payments are processed.• Provide insights and support on improving financial practices and internal controls to align with the company's strategic goals.• Keep abreast of industry regulations and best practices to maintain effective and compliant auditing processes.Key Achievements:• Contributed to a project that improved the efficiency of the pre-payment audit process by 20%, resulting in faster turnaround times and increased accuracy.• Identified and resolved discrepancies in financial transactions, saving the company from potential financial losses.• Developed training materials for junior auditors, enhancing their skills and knowledge in pre-payment auditing and compliance.