Audit Executive

1. Regulatory Compliance Audits

• Ensure adherence to laws and regulations (e.g., FDA, DEA, state pharmacy boards, HIPAA, USP <797>/<800>).

• Verify proper licensing and documentation for controlled substances.

• Monitor compliance with Good Pharmacy Practices (GPP) and Good Distribution Practices (GDP).

2. Medication Safety & Dispensing Processes

• Audit prescription filling processes to prevent errors (wrong drug, dose, or patient).

• Review Standard Operating Procedures (SOPs) for dispensing, labeling, and verification.

• Ensure proper storage conditions (temperature, light, humidity) for medications.

3. Inventory & Supply Chain Management

• Verify accurate stock records (physical vs. system inventory).

• Check for expired or near-expiry medications and proper disposal.

• Assess supplier/vendor compliance and procurement processes.

• Monitor controlled substance logs (e.g., narcotics) for discrepancies.

4. Financial & Billing Audits

• Detect fraud, waste, or billing errors (e.g., duplicate claims, incorrect pricing).

• Ensure proper reconciliation of pharmacy revenue and insurance claims.

• Review discounts, refunds, and third-party payer compliance.

5. Data Security & Patient Confidentiality

• Ensure HIPAA compliance in handling patient records.

• Audit electronic health records (EHR) and pharmacy management systems for security vulnerabilities.

• Assess access controls to prevent unauthorized use of patient data.

6. Operational Efficiency & Workflow Audits

• Evaluate staffing levels, workload distribution, and workflow bottlenecks.

• Assess waiting times, customer service standards, and prescription turnaround time.

• Identify opportunities for automation (e.g., robotic dispensing systems).

7. Risk Management & Fraud Detection

• Identify risks related to theft, counterfeit drugs, or diversion.

• Investigate suspicious activities (e.g., unusual prescription patterns).

• Recommend corrective actions and fraud prevention strategies.

8. Reporting & Follow-Up

• Document audit findings and recommend corrective actions.

• Track implementation of previous audit recommendations.

• Present reports to pharmacy management and regulatory bodies (if required).

• It is a Full Time Accountant job for candidates with 0 - 2 years of experience.

More about this Audit Executive job

1. What is the eligibility criteria to apply for this Audit Executive job?
   Ans: The candidate should be Graduate and above and above with 0 - 2 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹15000 - ₹23000 per month that depends on your interview. It's a Full Time job in Hyderabad.
3. How many working days are there for this Audit Executive job?
   Ans: This Audit Executive job will have 6 working days.
4. Are there any charges applicable while applying or joining this Audit Executive job?
   Ans: No, there is no fee applicable for applying this Audit Executive job and during the employment with the company, i.e., CONNECT BUSINESS SOLUTIONS.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Audit Executive role?
   Ans: There is an immediate opening of 3 Audit Executive at CONNECT BUSINESS SOLUTIONS
7. Who can apply for this job?
   Ans: Only Male candidates can apply for this Accountant job.
8. What are the timings of this Audit Executive job?
   Ans: This Audit Executive job has 09:00 AM - 06:00 PM timing.