PNB Metlife - Senior Manager - Internal Audit - Big4 - CA

Context & Role:

This role assists the CM/GM Internal Audit to ensure that the units audited have in place a sound system of internal control and risk management with adequate established policies, procedures and guidelines, operating and accounting controls that are complied with and operating effectively in promoting efficiency, proper conduct and protecting the assets of the company. Make the necessary recommendations for improvement and rectifications of weaknesses.

Key Responsibilities:

Planning and execution of audits:

• Assist the CM/GM Internal Audit to identify audit universe and plan for audits at appropriate intervals. Ensure the completion of all planned audits within the budgeted time and cost.
• Conduct operational / other business process audits to assess the soundness, adequacy, compliance, and cost- effectiveness of the operational, financial, and information systems' controls.
• Develop audit program and test procedures based on the risks and test objectives.
• Identify and communicate control deficiencies to IA management and business clients.
• Lead and/or execute (independently or in team) routine to moderately complex audits of processes for assigned business units.

Internal Business Processes:

• Implement and enhance audit methodologies to ensure effectiveness and efficiency in conducting audit assignments and reviews.
• Documents work within accepted audit and departmental standards
• Interacts with business clients to understand processes, risks & controls; develops process maps; conducts testing; and assists with the preparation of audit reports
• Prepare draft audit reports and special review reports for discussion with Management.
• Tracks and follows up on open audit issues and key business initiatives

Customer/ Stakeholder Management:

• Assist the CM/GM Internal Audit with reporting obligations to the Audit Committees and other key stakeholders
• Act as the primary client contact; communicates top risks, audit plans, work in progress, and results and develops resolutions with audit management and client
• Consult with auditees in developing action plans to resolve control issues or risks
• Highlight significant findings/issues noted during the course of audits, investigations and special reviews and follow-up actions taken to rectify weaknesses
• Accounting and Auditing audit sampling and testing methodologies
• Project Management: complete the project within the assigned budget and timeline, explain variances Communicate appropriately with all stakeholders within IA and business management.
• Strong written and verbal communications skills, including listening and interviewing skills.
• Follow & demonstrate proficiency in the performance of risk based analytics of the business finances and operations; and understanding of data sources that drive the analytics.

Qualification and Key Competencies:

• Chartered Accountant with 2-5 years of experience in the auditing field of major corporations and/or accounting firms. Audits of financial services and life insurance experience is preferred.
• Big 4/strong insurance experience in audit of financial services are added advantage.
• Working knowledge of generally accepted audit standards and Internal Audit standards, accounting and auditing sampling and testing methodologies, risk management and statutory reporting.
• Must be capable of performing the audit assignments independently or with minimal supervision

Knowledge, Skills, Abilities and Worker Characteristics:

• Strong Interpersonal skills
• Competencies: Analytical thinking, problem solving, makes sound business judgement, communicates effectively, and builds relationships.
• Good writing and verbal communication skills.
• Proficient in handling data as required
• Travel to and from Delhi-Mumbai as required