Internal Audits Specialist

1. Assist in development (As per 10 factor approved approach) and management of a comprehensive Internal Audit plan for India business (Inc. Global Audits) which gets approved by Audit Committee.

2. Strategically align audit objectives and scope development with organizational goals, ensuring effective risk assessment and compliance. Align Audit scheduling with business scenarios.

3. Supervise Co-sourcing partners and well as working with In-house team members on audits across diverse domains

4. Identify and shortlist Co-souring partners by interviewing the key team members and assess their knowledge levels according to our Audit expectations including for subject matter experts (SMEs).

5. Lead Departmental activities for India business like preparing and managing the departmental budget, communications with senior leadership including with Audit committee members.

6. Review and finalize Audit Committee Decks & attending Audit Committee meetings with Global Internal Audit Head wherever required.

7. Efficiently pinpoint and address bottlenecks across various domains, including overseeing multiple audits, advisory assignments, fraud investigations, data analytics tools, and departmental tasks.

8. Ensure comprehensive Planning, Execution, Deliverables and Data repository for Audits and Investigations. Submission of quality internal audit report & deliverables to Manager. Archival of working papers and tracking open due observations.

9. Ensure acceptability of audit findings through a commitment to completeness and factual accuracy. Strive for high customer feedback scores, reflecting the positive impact of audits on stakeholder satisfaction.

10. Engage with business leaders and process owners during the audit scoping stage to understand process challenges and enhance scoping. Actively seek feedback, translating insights into actionable strategies for continuous improvement in audit and business processes.

11. Lead initiatives around development of analytics using in-house data analytics tool and embedding analytics as part of the business/IA process. Work towards business acceptability of analytics outcome.

12. Manage and support business and IA team members request in creating new analytics and modifications required in the existing ones based on changes in process, technology, Mergers & Acquisition.

13. Drive advanced analytics adoption, partnering with data scientists for sophisticated models. Provide training, fostering continuous learning, and collaborate closely with IT for seamless integration and infrastructure enhancements to support evolving data analytics needs.

14. Over and above audits, support management by taking additional advisory assignments related to controls and business efficiencies requested by senior leadership.

15. Lead discussion with business heads on Audit report closures and align on Action plans. Ensure that the audit function contributes strategically to the organization's goals, beyond mere compliance and process gaps. Address business priorities and management requests by actively engaging with stakeholders and aligning audit efforts with strategic objectives. Proactively address challenges faced by business leaders during the audit scoping stage, offering valuable solutions.

16. Conduct thorough cost-benefit analyses to identify opportunities for operational efficiency and savings during audits. Collaborate with finance and operations teams to quantify and communicate the financial impact of process enhancements. Ideate strategies to ensure sustained cost savings while maintaining or improving service quality.