Geography Head - MFI Audit

Role & responsibilities:

• Develop and implement the overall audit strategy and annual audit plan in alignment with organizational objectives and risk profile.
• Provide strategic direction for the internal audit function, ensuring it adds value and supports organizational goals.
• Oversee and direct the execution of audit engagements, including financial, operational, and compliance audits.
• Ensure audits are conducted in accordance with relevant standards, regulatory requirements, and best practices.
• Lead risk assessment processes to identify key risks and ensure appropriate audit coverage.
• Evaluate the effectiveness of internal controls, risk management practices, and governance processes.
• Prepare and present detailed audit reports to senior management, the Audit Committee, and the Board of Directors.
• Communicate audit findings, recommendations, and action plans clearly and effectively to stakeholders.
• Manage and mentor the internal audit team, providing leadership, training, and professional development opportunities.
• Ensure the team operates efficiently and maintains high standards of performance.
• Act as the primary liaison between the internal audit function and external auditors, regulatory bodies, and other key stakeholders.
• Foster strong relationships with management and other departments to promote a culture of transparency and accountability.
• Continuously assess and enhance audit methodologies, processes, and tools to improve efficiency and effectiveness.
• Drive initiatives to address audit findings and implement process improvements.
• Stay abreast of industry trends, regulatory changes, and emerging risks impacting microfinance.
• Ensure the internal audit function adheres to regulatory requirements and industry standards.

Preferred candidate profile :

• Graduate from a reputed college
• Masters degree/ MBA preferred, but not mandatory
• 12-15 years of relevant experience in Audit for MFI.
• at least 5-6 years in a managerial role
• Well versed with audit software, MS Excel, MS Powerpoint, MS Word
• Extensive knowledge of audit principles, practices, and regulatory requirements.

Essential Experience :

• Strong strategic thinking, analytical, and problem-solving skills.
• Proven leadership and team management capabilities.
• Excellent communication and interpersonal skills, with the ability to interact with senior executives and Board members.