Job Description

Roles & Responsibilities

Department: Internal Audit

Job Title: Senior Manager /Manager

Threshold Competencies

• Develop comprehensive internal audit plans, considering organizational objectives, risks, and regulatory requirements.
• Determine audit scope, objectives, and methodologies.
• Identify and evaluate risks within business processes, systems, and controls.
• Assess the effectiveness of existing controls and make recommendations for improvements.
• Ensure compliance with relevant laws, regulations, and industry standards.
• Stay updated with changes in regulatory requirements and implement necessary adjustments in audit procedures.
• Maintain effective communication with key stakeholders, including management and audit committee members, discussing audit results, progress, and areas for improvement.
• Ensure compliance with internal audit standards and methodologies.
• Review audit documentation, reports, and work papers to ensure accuracy, completeness, and compliance with professional standards.
• Lead and execute internal audits across business functions, including process audits, compliance audits, operational audits, and thematic reviews, ensuring adherence to the internal audit plan and professional standards.
• Perform detailed risk assessments to identify control gaps, process inefficiencies, and emerging risks, and support the development of the annual risk-based internal audit plan.
• Support and oversee ICoFR (Internal Controls over Financial Reporting) activities, including preparation of risk control matrices, control design evaluation, walkthroughs, testing of key controls, remediation follow-up, and documentation as per regulatory and corporate requirements.
• Assist in Enterprise Risk Management (ERM) by monitoring key risks, assessing mitigation plans, updating risk registers, and facilitating risk workshops with relevant stakeholders.
• Conduct risk advisory engagements, providing insights on process improvements, internal controls, governance enhancements, and optimization opportunities.

Desired Candidate Profile

Job Qualifications

• Qualified CA/ CPA/ ACCA/ MBA/ B.com
• Experience in internal auditing or related fields, with managerial or supervisory experience.
• Must have experience in ICOFR/SOP/Corporate Governance.
• Thorough understanding of internal auditing standards, risk assessment methodologies, and regulatory compliance.
• Leadership abilities and experience in managing and developing audit teams.
• Proficiency in audit software and data analysis tools.

Domain/IndustryManagement Consulting

• QualificationCA/ACCA/CPA