Capital India Finance - Internal Audit Role

Job Description- Internal Audit

- The role of the Internal Auditor is to conduct an independent and objective assessment of the processes and provide an unbiased view of the Company's Operations.

- Auditor needs to evaluate and improve the effectiveness of the control, risk management and compliance processes.

Roles Responsibilities:

- Prepare and Implement an Annual Internal Audit plan covering all major processes of the Company

- Prepare an agile Internal Financial Control framework in line with regulatory requirements and NHB industry standards

- Identify gaps in internal controls and recommend procedures to plug control gaps

- Suggest improvements for bringing process efficiencies

- Review the integrity of all financial and operating information

- Verify existence of all assets of the Company at intervals and their security and quality

- Investigating and reporting on violations of policies, SOPs and Frauds, Revenue Leakages if any

- Ascertain compliance with statutory rules and regulations

- Ensure regular liaison with all functions and resolution of all audit observations and recommendations, as are feasible

- Prepare and present Audit reports at intervals reflecting the results of Audits and other procedures conducted as above. Review actions taken by functions post audit and report on outcomes, inadequacies as the case maybe

- Review specific operations, functions or activities or provide other as may be sought by the Board / Management, as appropriate

- Design internal audit procedure to ensure timely execution of Branch Audits as per the Plan

- Assess the adequacy, effectiveness and efficiency of the established internal controls and procedures through the Branch audits.

- Circulate final audit reports with the rating to the branches keeping the senior management in loop.

Required Skills:

- Functional Knowledge of NBFC sector, product offering, RBI regulations for NBFC

- Analytical mind-set and conversant with financial statements

- Proactive approach takes initiative and ensures completion of tasks/responsibilities.

- Should be able to form independent opinions, provide counsel on validity / legality of transactions.

- Candidate must have a relevant 5 to 7 years of experience in Branch Audit/Internal Audit

- Candidates from Mumbai only