Junior Internal Auditor

Key Responsibilities

1. Audit Planning & Execution

• Develop and execute internal audit plans based on risk assessments.
• Perform audits of financial, operational, and compliance activities within the company.
• Review project cost controls, budgets, and financial reporting accuracy.
• Evaluate internal controls over procurement, contracts, and payments to contractors or vendors.

2. Compliance & Risk Management

• Ensure compliance with relevant laws (e.g., RERA, building codes, environmental regulations).
• Assess risks related to land acquisition, project financing, and construction contracts.
• Identify control weaknesses and recommend improvements.

3. Project Audits

• Audit ongoing construction and development projects for adherence to approved budgets and timelines.
• Verify material usage, contractor billing, and variation orders.
• Evaluate project cash flow management and cost-to-complete reports.

4. Financial & Operational Review

• Review accounting records, journal entries, and reconciliations.
• Check revenue recognition from property sales and leasing.
• Ensure accuracy of project cost capitalization and asset management.

5. Reporting & Recommendations

• Prepare audit reports with findings, risk ratings, and actionable recommendations.
• Present audit results to senior management and the Audit Committee.
• Follow up on corrective actions and monitor implementation.