Role description
A Position Overview
Position Title
Senior Manager – Finance Forensic Unit
Department
Finance and Accounts
Level/ Band
Senior Manager
Role Summary:
We are seeking a seasoned forensic specialist with high technology orientation in the area of expense processing and management to be part of the Finance function to validate and approve high value expense claims. This role demands cross-industry expertise, advanced forensic audit capabilities (including digital data analytics) and the ability to engage effectively with internal / external stakeholders. The incumbent would also work closely with the fraud monitoring unit to remain up to date with changing environment and work on preventive measures.
D Key Result Areas
Essential
- Review invoices/supporting documents submitted by Vendors/employees to determine authenticity/genuineness of such invoices/supporting documents for high value expense claims.
- Should have data analytics capability to identify collusion, abnormal trends/variances in particular section of vendors/employees based including but not limited to geography, hierarchy which is against the code of conduct/ethical practices.
- Implement and manage appropriate forensic tool/system and process to mitigate the Fraud Risk.
- Prepare and maintain Fraud Risk process manual with appropriate Fraud Risk indicators and controls to mitigate the same.
- Direct complex investigations into suspected fraud cases, ensuring thorough documentation and evidence preservation.
- Collaborate with fraud monitoring unit and legal teams to drive resolution and recommend corrective actions.
- Prepare detailed forensic review reports for senior management and other internal stake holders.
- Ensure compliance with regulatory requirements, industry standards, and company policies.
- Maintain confidentiality and integrity in all investigative processes.
Desired
- Ensure best management practices from banking, healthcare, fintech, and other industries to enhance insurance fraud detection frameworks.
- Benchmark and implement best practices in forensic review and fraud risk management.
- Act as Finance representative in internal forums, investigations, and fraud prevention initiatives of Organization.
F Incumbent Characteristics
Essential
Desired
Qualification
Graduate
Forensic course or Certified Fraud Examiner (CFE)
CA / CFA/MBA
Experience
6 – 10 years of experience in fraud risk, investigations, forensic accounting, or internal audit.
Industry : Banks, NBFCs, Insurance
