About the role
WE ARE HIRING
MANAGER – CONCURRENT / PREPAYMENT AUDIT
Audit • JIndal Stainless Limited ||Steel Manufacturing • Kharagpur, west Bengal
ABOUT THE ROLE
Join a leading stainless steel manufacturer as the pre-payment control gatekeeper at our kharagpur plant. 100% concurrent / prepayment audit of ALL invoices — Project, Logistics, Raw Material, MRO & Operations — before payment is released. Prevent leakages, ensure compliance and drive recoveries within a robust SAP-based continuous audit framework.
KEY RESPONSIBILITIES
✔Pre-audit of all invoices before payment (3/4-way match in SAP).
✔Verify PO, GRN, BOQ/JMR, rates, GST/TDS, LD & contractual terms.
✔Detect duplicate, advance & overpayments; plug leakages.
✔Cover Project, Logistics, RM, MRO & Operational invoices.
✔Maintain audit trackers, aging, recovery & MIS dashboards.
✔Coordinate with Finance, Purchase, Projects & vendors.
✔Individual Contributor and mentor the location concurrent audit team.
WHAT YOU BRING
✔Qualified CMA / MBA (Fin) / Inter-CA (CIA/CISA preferred).
✔8–12 years in concurrent / prepayment /Accounts Payable / internal audit.
✔Hands-on in SAP FICO & MM (MIRO, MIGO, ML81N, FBL1N).
✔Strong in Accounts Payable (AP) or prepayment audit.
✔Experience in project, logistics, RM & MRO invoice review.
✔Advanced Excel & Power BI for analytics.
✔Strong stakeholder management & integrity.
Key Skills & Competencies
Skill Area
Description / Expectation
SAP Proficiency
Hands-on working knowledge of SAP FICO & MM modules — vendor invoice verification (MIRO), PO/GRN 3-way & 4-way matching (ME23N, MIGO), FBL1N vendor ledger, service entry sheets (ML81N), payment blocks and release strategy.
Prepayment / AP Audit
Deep expertise in Accounts Payable (P2P) cycle, prepayment / pre-audit of invoices before release of payment, TDS/GST validation, duplicate payment detection and vendor reconciliation.
Invoice Domain Coverage
Ability to audit all invoice categories — Project (Civil/Mechanical/Structural/E&I), Logistics & Freight, Raw Material (RM), MRO (Maintenance, Repair & Operations) and Operational / service invoices.
Stakeholder Management
Strong engagement with Finance, Purchase, Projects, Stores, Logistics, Plant Operations and vendors; ability to resolve queries with documentation and traceability.
Analytics & Automation
Advanced Excel, Power BI dashboards, Power Query and Power Automate for audit trackers, aging analysis, KPI scorecards and continuous monitoring.
Compliance & Governance
Sound knowledge of GST, TDS, Indian Income Tax provisions, statutory compliances, internal controls (IFC) and SOP adherence.
Behavioral Attributes
•Ethics: High integrity, objectivity and professional scepticism.
•Analytical: Strong analytical mindset with attention to detail and accuracy.
•Communication: Effective communication, documentation and influencing skills.
•Balance: Collaborative approach with firm control orientation.
Key Performance Indicators (KPIs)
•% of invoices audited before payment (target: 100% within TAT).
•Value of leakages / duplicate payments prevented and recoveries effected.
•Reduction in repeat observations and control failures.
•Timeliness and quality of MIS / management reporting.