Internal Auditor - Trichur, India - Malankara Multistate Cooperative Credit Society Ltd

Malankara Multistate Cooperative Credit Society Ltd

Verified Company

Trichur, India

2 days ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

PURPOSE
An Internal Auditor is to ensure that all the business processes in a company are risk-management compliant.

The operating process includes assessing certain areas for compliance with relevant laws and evaluating how effective this department has been at implementing its controls into practices.

DUTIES & RESPONSIBILITIES

Schedule and update Internal Audit Plans on monthly basis with the consultation of HOD
Verify all the Operational and Financial documents/ Vouchers/ Approval of the Branches and HO whether as per the Societies Policy or not.
Verification of Documents of Pre and Post documents of all Loans under the Credit Departments as per the Audit Plan.
Verify the Application, KYC, Banking and other Documents of Deposits under the Society.
Verification of all Membership Documents and its Enrolling Process.
Verification of all Purchase Bills and Payments details of Branches and HO
Verification of Settlement/ Closed documents of Loans and Deposits on periodical basis with Bank details.
Verification of Vouchers, Invoices, Payment approvals in Finance and Accounts Department on a periodical basis.
Verification of Bank reconciliation statements of HO and Branches on periodical basis.
Verification of Software of all verticals and ensure the systems are running as per the policy/ Approval basis of the Society.
Verification of Agreements, Licences, Registrations of HO and Branches on a continues basis
Background Verification of Employees as and when required based on the direction from the management.
Verification of cash and gold loan Packets in the Branches as per the audit schedules and surprise mode
Field Visit for verify the customer/ Guarantors of Various Loans on random basis
Watch and report the operations, neatness, employees' behaviours, Customer's service of Branches and HO
Conduct Surprise inspection as per the Direction from the Management for eliminate business risk
Submit and present the reports to HOD on a daily/ weekly and monthly basis.
Timely verifications of rectification reports of previous audits.
Verification of fixed assets on Half Yearly/ Yearly basis.
Plan Internal client meeting as per the direction/ schedules
Make recommendation to management regarding the software, Policies and audit triggers.
Identify the areas of significant Business risk
Develop internal audit Policies on a periodical basis