Role Objective
The Internal Audit Manager will lead and execute internal audits for an export trading
company, ensuring strong governance, robust internal controls, and full compliance with
Indian corporate, income tax, and indirect tax regulations. The role requires hands-on
experience in auditing export operations, foreign trade transactions, and statutory
compliance under the Indian regulatory regime.

Key Responsibilities
Audit Coordination & Oversight (Outsourced Audits)
 Act as the single point of coordination between the Company and
outsourced audit firms (Internal, Statutory, Tax, GST, Transfer Pricing, and
other special audits).
 Ensure timely planning, execution, and completion of all audits as per the
approved audit calendar.
 Share data, explanations, and documents with auditors and ensure responses
from internal stakeholders are accurate and timely.
 Track, manage, and resolve audit queries, observations, and information
requests raised by outsourced auditors.
 Review draft audit reports in detail, validate factual accuracy, and ensure
management responses are appropriate and consistent.
 Coordinate closure of audit points and monitor implementation of agreed
corrective actions.
 Prepare concise summaries of audit findings, key risks, and
recommendations for Senior Management and the Board / Audit Committee.
 Facilitate Audit Committee meetings, including agenda notes, presentations, and
follow-up action trackers.
Internal Audit & Controls
 Plan, design, and execute risk-based internal audit plans covering export trading
operations, procurement, logistics, forex transactions, and financial reporting.
 Evaluate the adequacy and effectiveness of internal controls, SOPs, and
compliance frameworks.
 Identify control gaps, process inefficiencies, and potential fraud risks;
recommend corrective and preventive actions.
 Conduct follow-up audits to ensure timely closure of audit observations.

Export Trading & Operational Audit
 Audit export-import documentation including invoices, packing lists, shipping bills,
bills of lading, LC/Bank documents, and foreign remittances.
 Review compliance with FEMA, RBI guidelines, and DGFT regulations applicable
to export trading companies.
 Assess risks related to pricing, credit control, customer/vendor onboarding, and
overseas transactions.
Corporate & Tax Compliance (India)
 Review and ensure compliance with Indian corporate laws including Companies
Act requirements relevant to internal audit.
 Oversee and review Income Tax compliance including:
o Advance tax, TDS/TCS, tax provisioning, and returns
o Transfer pricing awareness (where applicable)
o Tax audit coordination and assessment support
 Review compliance with Indirect Taxes (GST) related to exports, zero-rated
supplies, refunds, LUT/Bond, and reconciliations.
Audit Coordination & Reporting
 Prepare clear, concise internal audit reports for senior management and the
Audit Committee.
 Coordinate with statutory auditors, tax auditors, and external consultants.
 Support management during regulatory inspections, assessments, and audits.
Risk Management & Governance
 Assist in enterprise risk assessment and development of mitigation strategies.
 Promote compliance culture and best practices across departments.
 Support implementation of policies related to ethics, delegation of authority, and
financial controls.

Qualifications & Experience
 Education: CA / CMA / MBA (Finance) / Qualified Internal Auditor (CIA)
preferred.
 Experience: 7–12 years of relevant experience in internal audit, preferably in an
export trading company, FMCG/FMCD exports, or international trading
environment.
 Proven experience in auditing export operations and international transactions.
 Strong working knowledge of Indian Income Tax, GST, FEMA, RBI, and DGFT
regulations.

Key Skills & Competencies
 Strong analytical and risk assessment skills

 Deep understanding of export trading processes
 Excellent knowledge of Indian tax and corporate compliance
 Ability to work independently and manage multiple audits
 Strong communication and report-writing skills
 High ethical standards and attention to detail

Reporting To
 Head of Finance / CFO / Audit Committee

Preferred Experience (Added Advantage)
 Exposure to multi-country trade (Africa, Middle East, Europe, China)
 Experience with ERP systems and data analytics for audit
 Handling tax assessments and appellate matters