Retail Auditor

About The Role

As aTo oversee and participate in the processing and timely payment and posting of supplier invoices, check request, or other approved bills. To prepare entries for and reconcile accounts payable activities for general ledger. To ensure adherence to procedure and classification controls for trade liabilities.

Key Responsibilities:

• Daily monitored of retail transactional business, including monitoring and batching of Web Store transactions.
• Initiated retail process controls; verified process controls and reporting and adjust as necessary; notified retail management of transaction procedures violations.
• Worked with Retail Management to develop sales associate and inventory control procedures to meet audit requirements and proper business practices.
• Managed retail accounting month-end processes, including account reconciliations and retail sales tax reporting and compliance, ensuring data integrity.
• Monitored company internal purchases of retail merchandise for proper controls and procedures.
• Ensured proper department authorizations.
• Inventory and valuation
• Conducted in-depth analysis of transaction data, customer profiles and behavior patterns to detect anomalies and potential fraud indicators.
• Prepared audit reports and presentations for management, summarizing findings
• Produced comprehensive reports on fraud trends and patterns for management review.
• Conducting quality audits for new-hires, peers on vendors
• Identified & entered claims of over and under-payments. This includes quality assurance; auditing paid claims, determining whether an overpayment exists, duplicate payments, identifying incorrect contract or contract rates and data mining.
• Worked on quality control with audit process and ensure audit polices are adhered to.

Required Qualifications:

• 2 – 8 years of experience
• B. Com / BBA or similar 3-year graduate course in Finance and Accounting.
• M. Com, CA Inter, ACS, ICWA, or similar 4-year master’s course specialized in Finance (Preferred)
• Additional knowledge of Generally Accepted Accounting Principles (GAAP)
• Experience in this role is a must. – Exposure to US GAAP is preferable

Tagged as: Auditor, retail