Context & Role
Responsibile for implementing the designate Internal Audit practices to ensure proactive identification and effective mitigation of business risks impacting the business.
The jobholder will:
• Contribute significantly towards building strong and effective risk awareness and control consciousness within the Company
• Contribute towards continuous improvement of risk management and control processes, in their widest sense so that they operate at optimum effectiveness and cost efficiency and reflect leading practice
Key Responsibilities
• Assist in defining audit plans, programs, techniques, procedures and frequency covering all aspects of business operations
• Define internal control (IC) checklists
• Define and implement internal controls covering transactional controls, custodian controls, authorisation controls and compliance controls
• Facilitate laying down operational manuals for the organisation covering all policies, procedures and compliances
• Review and evaluate business critical systems for adequacy of controls and identification of opportunities for their better utilisation
• Direct an effective, motivated and results focused team to achieve pre - defined targets vis-a-vis cost, quality and turn around time parameters
Qualifications & Experience
• Chartered Accountant, membership of CIA/ CISA being an advantage
• An experience of around 5 - 7 years preferably in the tertiary sector
• Should have interacted and worked along with senior management in previous organisations exhibiting maturity, tact and diplomacy
• Experience of writing reports for, and making presentations to, senior management is desirable
Skills/Knowledge:
• An excellent knowledge of the Indian financial services market, Insurance sector and regulatory environment with in - depth knowledge of accounting concepts, techniques, and principles
• Strong result orientation, good interpersonal skills and high level of team building capabilities
• High energy levels and decision making capabilities that support robust execution of plans
• Skills in strategising, planning and delivering alternate approaches aimed at enhancing business results in a demanding environment
