Audit Executive

Job highlights

• Overtime Pay, PF, ESI (ESIC)Job DescriptionKey Responsibilities1. Store Audit & ComplianceConduct regular physical and operational audits of retail medical stores.Verify compliance with company policies, SOPs, and internal audit guidelines.Check store documentation, records, registers, and statutory compliance requirements.Ensure proper maintenance and availability of required drug licenses and pharmacist-related documents.2. Inventory & Stock AuditVerify physical stock against system inventory and identify discrepancies.Check expiry, near-expiry, damaged, and non-moving stock.Monitor stock adjustments, stock transfers, returns, and inventory write-offs.Ensure proper storage, handling, and segregation of medicines.Verify the maintenance of Schedule H1 drug registers and other applicable records.3. Cash & Financial AuditVerify daily sales, cash collections, cash deposits, and payment records.Check billing accuracy, discounts, refunds, and cancelled transactions.Identify cash shortages,

Key Responsibilities 1. Store Audit & Compliance Conduct regular physical and operational audits of retail medical stores. Verify compliance with company policies, SOPs, and internal audit guidelines. Check store documentation, records, registers, and statutory compliance requirements. Ensure proper maintenance and availability of required drug licenses and pharmacist-related documents. 2. Inventory & Stock Audit Verify physical stock against system inventory and identify discrepancies. Check expiry, near-expiry, damaged, and non-moving stock. Monitor stock adjustments, stock transfers, returns, and inventory write-offs. Ensure proper storage, handling, and segregation of medicines. Verify the maintenance of Schedule H1 drug registers and other applicable records. 3. Cash & Financial Audit Verify daily sales, cash collections, cash deposits, and payment records. Check billing accuracy, discounts, refunds, and cancelled transactions. Identify cash shortages, excess cash, and suspicious transactions. Verify expenses, supporting bills, and other financial documents. 4. Operational Audit Check adherence to billing procedures and POS/system usage. Review purchase invoices, GRNs, vendor bills, and stock receiving processes. Identify process gaps, irregularities, and potential revenue leakages. Verify attendance records and staff adherence to assigned responsibilities, wherever applicable. 5. Reporting & Corrective Actions Prepare and submit audit reports with observations and supporting evidence. Highlight critical discrepancies and report them to the reporting manager. Coordinate with Store Incharges, Cluster Managers, and relevant departments to resolve audit observations. Follow up on corrective and preventive actions within defined timelines. Maintain audit records and track repeat observations across stores.