Internal Audit Setup Consultant

We are looking for an Internal Audit Setup Consultant for a handicraft & home decor exporter based in Western U.P.

This is a build-from-scratch mandate for someone who understands how to create a practical internal audit function in a growing, family-led manufacturing business transitioning toward professional management.

Need someone who can design the function, define the scope, set the audit rhythm, and help management build real control discipline.

Hiring: Internal Audit Setup Consultant

Location: Western U.P. / NCR travel as needed

Industry: Handicraft & Home Decor Export Manufacturing

Engagement Type: Consultant / Project-based (initial setup mandate)

A fast-growing handicraft & home decor exporter from U.P. is undergoing a serious shift from founder-led execution to a more professionally managed, system-driven operating model. The larger transformation agenda already includes formal role charters, governance structures, MIS discipline, and targeted external hiring for critical capability gaps. 20260208 Akarsh Gupta - OKRA

As part of this, we are looking for an experienced consultant to help us design and set up the Internal Audit function from scratch.

This is not a routine “statutory audit / compliance checklist” assignment.

We want someone who can help build a practical, independent, business-useful internal audit capability for a manufacturing business where process leakage, informal decision-making, control gaps, and weak follow-through need to be addressed through structure—not heroics.

What we need

We are looking for someone who can help us:

- Define the purpose, scope, and operating model of Internal Audit for our business - Recommend the right reporting structure and independence model - Build a risk-based audit framework covering both financial discipline and process discipline - Create the first version of:

→ Audit charter

→ audit calendar / audit plan

→ audit reporting formats

→ issue tracker / closure tracker

→ escalation approach for red-flag findings

→ Define what Internal Audit should review across areas like:

→ procurement and vendor payments

→ inventory / stores / dispatch controls

→ payroll / contractor controls

→ manufacturing / process discipline

→ approvals / capex / SOP compliance

→ MIS / data integrity

- Recommend the initial team structure for the function - Help management decide whether the first phase should be:

→ consultant-led,

→ hybrid,

→ or built through a full-time hire after setup

What success looks like

At the end of the assignment, we should have:

- A clear Internal Audit function design - A practical Year 1 audit roadmap - Priority control gaps identified - A workable model for scheduled + surprise audits - Clear audit reporting and closure discipline - A recommended org structure / staffing plan - A management-ready view of how to keep the function independent and effective

Ideal profile

We are looking for someone with strong hands-on experience, ideally in one or more of the following:

- Internal Audit leadership / setup - Risk & controls consulting - Manufacturing / plant / operations audit - Process audit in Indian SME / mid-market businesses - Finance + operations control environments - Family-led business professionalization / governance transitions

Strong fit if you have:

- CA / CIA / CISA / similar background (not mandatory if experience is very strong) - Experience setting up or redesigning Internal Audit in a manufacturing / export / multi-process environment - Ability to work across both numbers and shopfloor/process realities - Comfort working with promoter-led businesses that are transitioning to systems and professional management - Strong documentation skills, but also enough practical sense to avoid creating paperwork that nobody uses

This role is not for you if:

- You only do statutory / tax / compliance filing work - You are looking for a passive advisory assignment without digging into processes - You have only worked in large-company audit environments and cannot adapt to MSME realities - Your solution to every problem is “install more software”

Engagement expectation

This will likely begin as a consulting assignment / setup mandate, not necessarily a full-time operating role from Day 1. Depending on fit and outcome, this may later evolve into:

- a longer advisory role, - support in building the team, - or a full-time leadership search.

To apply

Please send:

1. A short note on your relevant experience 2. 2–3 examples of similar audit / governance / controls setup work you have done 3. Your preferred engagement model (project / retainer / hybrid) 4. Your base location and travel comfort 5. Expected commercials

Please avoid generic profiles. We are specifically looking for someone who can help build the function, not just review it.