Financial Auditor (Manpower Staffing, Recruitment, and Skill Development)

May 18, 2024
Jun 17, 2024
Work Mode
Work from office
Full Time
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Job Description: Financial Auditor (Manpower Staffing, Recruitment, and Skill Development)

Position Overview: We are seeking an experienced Financial Auditor to join our team, specializing in auditing financial processes related to manpower staffing, recruitment, and skill development initiatives. The ideal candidate will possess a strong background in financial auditing methodologies, coupled with a deep understanding of accounting principles, regulatory requirements, and skill development programs within the staffing industry.

Key Responsibilities:

  • Financial Audit: Conduct comprehensive audits of financial records, including salaries paid, invoices issued, expenses incurred, and statutory payments made, ensuring accuracy, completeness, and compliance with regulatory standards.

  • Salary Audit: Review payroll records and salary payments for both staffing and skill development staff, ensuring accuracy, timeliness, and compliance with contractual agreements and legal requirements.

  • Invoice Audit: Examine invoicing processes related to both staffing and skill development services to verify the accuracy and completeness of invoices issued to clients, ensuring proper documentation and adherence to contractual terms.

  • Expense Audit: Analyze expense reports and reimbursement processes for both staffing and skill development operations to ensure compliance with company policies, identify potential discrepancies, and mitigate the risk of fraudulent activities.

  • Statutory Compliance Audit: Assess compliance with statutory obligations, including tax deductions, social security contributions, and other statutory payments, related to both staffing and skill development activities, ensuring adherence to relevant laws and regulations.

  • Financial Reporting: Review financial statements and reports for both staffing and skill development divisions to ensure accuracy, transparency, and compliance with accounting standards and regulatory requirements.

  • Skill Development Funding Audit: Audit funding allocated for skill development programs, ensuring proper utilization, documentation, and compliance with funding agency requirements.

  • Internal Controls Evaluation: Evaluate the effectiveness of internal controls related to financial processes for both staffing and skill development operations, identifying weaknesses or deficiencies, and recommending improvements to mitigate risks.

  • Process Audit: Assess the effectiveness and accuracy processes used in, ensuring alignment with industry standards and organizational objectives.

  • Documentation and Reporting: Prepare detailed audit documentation, including findings, recommendations, and action plans, and present audit reports to management for review and decision-making.

  • Requirements
    Qualifications and Skills:

  • Bachelor's degree in Accounting, Finance, or a related field. Professional certification such as CA is required/preferred.
  • Proven experience in financial auditing, preferably within the staffing or recruitment industry, with exposure to skill development programs.
  • Strong understanding of accounting principles, financial reporting standards, regulatory requirements, and skill development funding guidelines.
  • Excellent analytical skills with the ability to interpret financial data, identify trends, and draw meaningful insights.
  • Attention to detail and accuracy in auditing financial records and documentation.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all levels.
  • Proficiency in using audit tools and software applications for data analysis and reporting.

  • BenefitsFor more details @