Internal Audit & Control - Financial Services

Roles & responsibilities

Lead/conduct internal audits end to end right from planning to execution and reporting. The detailed responsibilities include:

Planning: Understand the clients business and help in planning of the audits across multiple business units and locations

Preparation: Defining and aligning audit program across in scope processes with the client

Execution: Leading process discussions with the client and performing audit procedures as per the defined standards

Validation: Scheduling and validating audit observations with the client process owner

Reporting: Drafting audit report as per the defined standards

Lead/conduct internal controls uplift and transformation projects end to end right from risk assessment to performing gap assessment and designing controls . The detailed responsibilities include:

Risk Assessment: Identifying material entities, processes and controls through quantitative and qualitative risk assessment procedures

Gap Assessment: Conduct gap assessment on the overall process/controls landscape through workshops, process discovery sessions and policy/procedure reviews

Controls Design/Transformation: Design and transform controls in-line with the gap assessment, system changes/upgrade and other management objectives

Test of Design and Operating Effectiveness: Lead control walkthroughs, perform control inquiries, review control documentation to conduct controls design and operating effectiveness assessments

Reporting: Drafting overall report summarizing control gaps, recommendations and testing results

Educational qualifications

Bachelors degree (BBM / / BBA / / BCom /) from an accredited college/university

Masters degree (MBA/M.com) from an accredited college/university

Qualified CA/ACCA/CPA/CIA

Work experience

4 to 6 years of experience performing Internal Audits and Internal Control Design/Transformation projects in other Big 4 or GCC organizations

• Look for experience in process-level audits of BFSI
• Preferred areas: corporate office functions (e.g., risk management, compliance, operations (at a process level), treasury, finance and accounting, etc.)

Strong experience of MS-Excel, Visio, PowerPoint and MS-Word

Basic knowledge of ERPs like SAP, Oracle for audit purposes

Good written, presentation and communication skills

Ability to work in dynamic environment and changing priorities

Experience of working in Global clients or Global projects, desirable

Project Management skills, desirable