Internal Audit Manager

Company Description Decorpot is a leading home interior brand that has been delivering premium-quality dream home interiors since 2015. Recognized as Leading Interior Designers in South India, the company has completed over 10,000 homes, focusing on luxury designs at affordable prices. Decorpot emphasizes customer-centric service, quality craftsmanship, and innovative design solutions. The company operates across major cities including Bengaluru, Hyderabad, Chennai, Coimbatore, Pune, Kolkata, Noida, Thane, Ghaziabad, Gurugram, and Navi Mumbai, offering growth opportunities in a fast-expanding organization.

Role Description The Internal Audit Manager is a full-time, on-site role based in Bengaluru. This role is responsible for planning and executing internal audit engagements across financial and operational processes, evaluating internal controls, and identifying risks and improvement opportunities. The Internal Audit Manager will review accounting records, assess compliance with policies and regulatory requirements, and prepare clear audit reports with actionable recommendations. Day-to-day responsibilities include coordinating with cross-functional teams, monitoring the implementation of audit findings, supporting financial audits, and contributing to the development of audit frameworks and best practices. The role also involves mentoring audit staff, participating in process enhancement initiatives, and supporting management with data-driven insights for decision-making.

 

Designation

Manager – Internal Audit

Function

Internal Audit & Risk (Independent)

Reports to

Founder & CEO administratively, with a functional / dotted line to the Audit Committee. Day-to-day coordination with AGM – Finance.

Location

Decorpot HQ, Bengaluru (Electronic City), with travel to ECs, factory, and group sites

Direct reports

1 Internal Audit Executive (to be hired in Year 2); co-source with external IA firms as needed

Entities covered

Decorpot, Decorpot Select, Ekaansh Industries, India Lam, FurnitureOne

Employment type

Full-time, on-roll

 

A. Internal Audit Plan & Execution

•       Build and execute the annual risk-based internal audit plan, covering all group entities, all ECs, the factory, FurnitureOne stores, and key corporate processes.

•       Lead end-to-end audits — planning, fieldwork, sampling, walkthroughs, testing, exception logging, root-cause analysis, and reporting.

•       Produce CFO-grade audit reports with clear findings, risk ratings, and time-bound management action points.

•       Track closure of audit findings; escalate ageing items to the CEO and Audit Committee.

B. Process & Control Reviews

•       Procure-to-Pay: vendor onboarding, bank account change controls, PO discipline, three-way match, payment release controls (including HDFC Snorkel integration).

•       Order-to-Cash: customer onboarding, milestone billing, advance liability mapping, refunds, write-offs, CP commission integrity, and channel-partner controls.

•       Hire-to-Retire: payroll, full-and-final, reimbursements (Keka), incentive payouts, statutory deductions.

•       Factory / Inventory: BOM accuracy, GRN-vs-PO, scrap / yield, physical verification, stock valuation, fixed asset register.

•       EC operations: cash collection (where applicable), site visit logging, design-cost discipline, and customer-facing controls.

•       IT general controls: access reviews, segregation of duties in ERP, change management, master data integrity.

C. Forensic & Special Investigations

•       Lead forensic investigations on suspected fraud, vendor / CP collusion, payment anomalies, and revenue leakage.

•       Run analytics-led continuous monitoring on payments, GST input claims, vendor master changes, and CP commission patterns.

•       Present findings to the CEO and Audit Committee with documented evidence.

D. Policy, Risk & Compliance Framework

•       Co-own the policy stack with AGM – Finance — procurement, vendor management, petty cash, reimbursement, capex, treasury, IT, code of conduct.

•       Maintain a live group risk register; refresh quarterly.

•       Coordinate with statutory auditors, tax consultants, and external IA firms for assurance work; avoid duplication of effort.

E. Audit Committee Engagement

•       Prepare quarterly Audit Committee material — IA plan progress, findings, ageing of open items, risk register updates.

•       Attend Audit Committee meetings; present IA reports directly.

•       Manage the whistleblower / ethics hotline process and report material matters to the Committee.

First 90 Days – Specific Deliverables

•       Publish the FY27 risk-based internal audit plan, approved by the CEO and the Audit Committee.

•       Complete the first two audits — recommended: Procure-to-Pay (Decorpot HO) and Factory Inventory / BOM (Ekaansh).

•       Refresh the group policy stack (procurement, vendor onboarding, petty cash, reimbursement).

•       Stand up a quarterly Audit Committee reporting format.

•       Build the analytics-led continuous monitoring rules for high-risk payments and vendor master changes.

Qualifications & Experience

•       Chartered Accountant (CA) — mandatory. CIA (Certified Internal Auditor) is a plus.

•       2–5 years of post-qualification experience (PQE).

•       At least 2 years in Internal Audit / Risk Advisory at a Big 4 (Deloitte, EY, KPMG, PwC) or top-tier IA firm (Grant Thornton, BDO, Protiviti, Mazars) — preferred.

•       Strong preference for candidates with manufacturing / retail / multi-site exposure.

•       Experience leading audits independently and presenting to senior management / Audit Committees.

Skills & Competencies

•       Sharp process and controls mindset — ability to dismantle a process into risks, controls, and tests.

•       Strong data analytics skills — advanced Excel, SQL or similar, audit analytics tools (ACL / IDEA / equivalent). Comfort with AI-led audit automation is a strong plus.

•       Excellent written communication — audit reports must be precise, evidence-backed, and actionable.

•       Independence, integrity, and the spine to disagree with senior business leaders when controls demand it.

•       Travel flexibility — the role requires periodic travel to ECs across India and to the factory.