Audit Executive

Company Description Midland Microfin Ltd (MML), headquartered in Jalandhar, Punjab, is a pioneering microfinance institution focused on the financial and social empowerment of women through small business loans. As the first Punjab-based MFI registered as an NBFC–MFI with the Reserve Bank of India, MML operates as a Systemically Important Non-Deposit taking NBFC and maintains strong regulatory and legal compliance. The organization is committed to poverty alleviation and uplifting the progressive poor, using technology-driven solutions to support entrepreneurship. MML has built an extensive network of 600+ branches across 16 States and 2 Union Territories. Its inclusive and supportive work culture has been recognized with the Great Place to Work accreditation for four consecutive years.

Role Description The Audit Executive role at Midland Microfin Ltd is a full-time, on-site position based in Mansa. The Audit Executive will conduct branch-level and operational audits, review financial records, and verify compliance with internal policies, regulatory requirements, and microfinance best practices. Daily responsibilities include examining loan documentation, assessing internal controls, analyzing financial statements and GST-related records, and preparing clear, timely audit reports. The role involves identifying risks, suggesting process improvements, following up on implementation of audit recommendations, and collaborating with branch staff and management to resolve discrepancies. The Audit Executive is expected to maintain high ethical standards, ensure data accuracy, and contribute to strengthening overall financial governance within the organization.

Qualifications

• Ability to prepare, review, and present comprehensive audit reports, with strong documentation and reporting skills.
• Strong analytical skills to interpret data, identify variances, assess risk, and support evidence-based decision-making.
• Knowledge of Goods and Services Tax (GST) regulations and their application to microfinance and lending operations.
• Understanding of finance principles and financial statements, including balance sheets, income statements, and cash flow analysis.
• Bachelors degree in Accounting, Finance, Commerce, or a related field; professional certifications (e.g., CA Inter, CIA) are an advantage.
• Experience in internal audit, financial audit, or microfinance/NBFC environments is preferred.
• Proficiency in MS Excel and audit/accounting software, with attention to detail and accuracy.
• Strong ethical mindset, integrity, and the ability to work independently as well as within cross-functional teams.
• Good written and verbal communication skills, with the ability to travel to branches as required.