Internal Audit Executive

Job Summary

The Internal Management Auditor at CARE Hospitals, Banjara Hills, will play a critical role in evaluating and improving the effectiveness of risk management, control, and governance processes within the hospital. This role involves conducting comprehensive audits of financial, operational, and compliance aspects, identifying areas for improvement, and providing recommendations to enhance efficiency, mitigate risks, ensure regulatory adherence, and uphold the highest standards of patient care and ethical conduct.

Key Responsibilities

• Develop and implement risk-based annual internal audit plans.
• Plan and execute financial, operational, and compliance audit engagements.
• Evaluate the adequacy and effectiveness of internal control systems.
• Assess compliance with internal policies and external regulations.
• Identify and assess areas of significant business and financial risk.
• Propose recommendations to enhance operational efficiency and safeguard assets.
• Prepare clear, concise, and timely audit reports with actionable findings.
• Present audit findings and recommendations to management.
• Monitor and follow up on the implementation of audit recommendations.
• Conduct audits of patient billing, insurance claims, and revenue cycles.
• Review procurement, inventory, and supply chain management.
• Evaluate HR, IT systems, and clinical operational processes.
• Stay updated on healthcare regulations and audit best practices.
• Contribute to the continuous improvement of audit methodologies.

Qualification

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• Master's degree in a relevant field (e.g., MBA, M.Com) is preferred.