Job Description

JD - Accounts Executive / Senior Executive

Job Title:

Senior Executive - Internal Control & Audit

Department:

Finance & Accounts

Reporting To:

CFO

Location:

Mumbai

Role Summary

Responsible for reviewing and strengthening internal controls across the diagnostics business (labs, collection centres, home collection, corporate business, etc.). The role will conduct process audits, transaction reviews and reconciliations to ensure accuracy, compliance, and prevention of revenue leakage and fraud.

Key Responsibilities

A. Internal Control & Process Review

Review end-to-end P2P, O2C, Payroll, Capex and Inventory processes to ensure adherence to SOPs and Delegation of Authority (DOA). Evaluate controls around billing, discounts, cancellations, refunds, credit notes and revenue recognition for lab and radiology services. Verify that all tests performed (in-house and outsourced) are billed and accounted correctly; identify leakage points. Review PR-PO-GRN-Invoice chain for reagent/consumable purchases and services to ensure proper approvals and documentation.

B. Branch / Lab / Collection Centre Audits

Conduct periodic and surprise audits of labs and collection centres (cash, billing, discounts, sample handling, outsourced tests, petty cash, etc.). Verify daily collection reports vs. billing vs. bank deposit / payment gateway / POS settlements. Review physical inventory of reagents and consumables; check for expiries, pilferage, and stock variance. Document observations, classify issues by risk level and agree action plans with local in-charges.

C. Reconciliations & Compliance Support

Perform key reconciliations: Bank vs. collection reports vs. billing system GRN vs. supplier invoices vs. PO Vendor ledgers, advances, debit notes and credit notes Inter-branch transactions, referral / franchise share Support month-end closing: provisioning, revenue cut-off, TDS & GST reconciliations. Assist in preparation of audit schedules for statutory, tax, and external internal audits.

D. MIS, Documentation & Follow-Up

Prepare internal audit reports with clear findings, root cause analysis and recommendations. Maintain a Risk & Control Matrix and an "open points tracker" with target closure dates and status. Follow up with process owners for closure of audit observations and report delays to management. Support in drafting / updating SOPs from a control perspective.

E. Training & Process Improvement

Sensitise branch / lab / collection centre teams on documentation standards, cash handling, discounts, and revenue protection controls. Identify recurring issues, recommend process simplification and automation to reduce manual errors.

Qualifications & Experience

B.Com / M.Com / CA Inter / CMA Inter preferred. 2-5 years of experience in Accounts / Internal Audit / Revenue Assurance. Healthcare / diagnostics / hospital experience is an added advantage. Good understanding of accounting principles, GST, TDS and basic statutory compliance. Experience with ERP/accounting systems (Tally / SAP / Oracle / other) Strong Excel skills.

Key Skills & Competencies

Strong analytical and numerical skills; eye for detail. Ability to understand processes end-to-end and identify control gaps. Good communication and report-writing skills. High integrity, confidentiality, and independence in audit work. Willingness to travel to labs / centres as required.
Job Type: Full-time

Pay: ?30,000.00 - ?40,000.00 per month

Work Location: In person