Accounts Audit Executive

We are looking for an Audit Executive to join our team at at Noble Co-operative Bank Limited. The role involves managing financial transactions of the organization, preparing accurate reports, and ensuring compliance with tax regulations. The position offers ₹15,000 - ₹20,000 and opportunities for professional growth.

Key Responsibilities:

• a) Thorough examination of the internal control system obtaining at the branches including the various periodical control returns submitted to the controlling offices.

  b) The internal inspection report should specifically comment, on the position of irregularities pointed out in the inspection report of Reserve Bank of India.

  c) The inspection/audit officials should also critically analyse and make in-depth study of the corruption/fraud prone areas such as appraisal of credit proposals, balancing of books, reconciliation of inter-branch accounts, settlement of clearing transactions, suspense accounts, premises and stationery accounts during the course of inspections leaving no scope for any malpractices/irregularities remaining undetected.

  d) Scrutinise the suspense account during inspection / visit and give specific instructions for early reversal of entries.

  e) The banks should ensure that the system evolved for recording the details of off-balance sheet transactions are properly followed by all branches.

  f) These records should be periodically balanced and internal inspectors should verify the same and offer critical comments.

  g) Proper inventory of dead stock articles, stationery should be maintained and subjected to surprise check at periodical intervals by the officials of the branch as also internal inspectors.

  h) Internal auditors should bring out non-compliance with the prudential norms relating to income recognition, asset classification and provisioning for taking suitable action in the matter.

  i) The internal inspectors should verify all the cheque purchased/discounted beyond the sanctioned limit. They should be asked to conduct a sample checking of transactions.

Job Requirements:

A perfect candidate for this role should have a keen eye for numerical accuracy. The minimum qualification for this role is Graduate and 6 months - 6+ years of experience. Applicants must have knowledge about accounting and GAAP (Generally Accepted Accounting Principles).

• It is a Full Time Accountant job for candidates with 6 months - 6+ years Experience.