Finalizing audit scope, scheduling and Co-ordination of Internal Audits.
Finalization of report & submission to the senior management, audit committee as well as board meetings.
Tracking and follow-up on implementation of audit recommendation.
Works closely with and provides support to business process owners during the mitigation and remediation process to ensure all deficiencies are effectively addressed.
Periodically review and circulate status of open audit observations.
Participate & Lead in Internal Audits.
Participate in opening meetings with stake holders to explain the scope and objectives of the audit.
Perform process walkthroughs to identify key risk & control matrix.
Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives.
Conduct audit discussions with business management to identify the root cause & to obtain sustainable management action plans.
Develop a risk-based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology.
Perform audit tests and prepare working papers in accordance with professional IIA standards.
Assists in the identification of Audit universe, risk assessment of audit entities & development of the annual Internal Audit plan.
Keeping abreast on the change in risk environment within / outside the organization.
Training to the new and existing team members on auditing and recent developments.
Qualifications
CA or other equally relevant professional qualification towards job fit.
Required Skills
Min. of 10 years of experience preferably in an NBFC / BFSI.
Sound understanding of the audit of the products offered by HFCL.
Good presentation skills.
Experience of handling audit committee.
Good understanding of risk and control concepts. Ability to apply these concepts to evaluate the adequacy and effectiveness of business processes and controls to mitigate risk to tolerance levels defined by management.
Good understanding of accounting principles and financial statements.
Expertise in the use of data analysis tools will be preferred.
