Head - Internal Audit - MFI

- Determine internal audit scope and develop annual plans Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc

- Prepare and present reports that reflect audit's results and document process Act as an objective source of independent advice to ensure validity, legality and goal achievement Identify loopholes and recommend risk aversion measures and cost savings

- Maintain open communication with management and audit committee Document process and prepare audit findings memorandum Conduct follow up audits to monitor management's interventions

- Engage to continuous knowledge development regarding sector's rules, regulations, best practices, tools, techniques and performance standards

- Monitoring external audit review processes, maintains awareness of compliance issues, and in conjunction with the senior management, responds to administrative inquiries related to compliance issues or audits.

- Periodically revising the Audit plan in light of changes in the needs of the organization law, policies and procedures.

- Coordinate internal auditing activities and plans with other internal and external providers of assurance and consulting activities to ensure proper coverage and minimize duplication of effort.

- Report on the progress of implementation of policies and assist in establishing methods to improve efficiency and quality of services to reduce the vulnerability to fraud, abuse, and waste.

- Independently investigate and act on matters related to compliance, including the flexibility to design and coordinate internal investigations and any resulting corrective actions with all departments

- Provide an annual holistic opinion on the effectiveness and adequacy of risk management, control and governance processes

Qualification and Experience

- Qualified chartered accountant/ MBA

- 10+ years of post-qualification work experience in audit, risk, and controls

- Sound understanding of laws and statutory regulations pertaining to financial management, operations, audit and compliance preferable

- Proven track record of influencing individuals to drive results and good communication and presentation skills.

- Experience working with a Microfinance/ NBFC Institute is a must