Hero Fincorp - Lead - Internal Audit

- Finalizing audit scope, scheduling and Co-ordination of Internal Audits.

- Finalization of report & submission to the senior management, audit committee as well as board meetings.

- Tracking and follow-up on implementation of audit recommendation.

- Works closely with and provides support to business process owners during the mitigation and remediation process to ensure all deficiencies are effectively addressed.

- Periodically review and circulate status of open audit observations.

- Participate & Lead in Internal Audits.

- Participate in opening meetings with stake holders to explain the scope and objectives of the audit.

- Perform process walkthroughs to identify key risk & control matrix

- Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives.

- Conduct audit discussions with business management to identify the root cause & to obtain sustainable management action plans.

- Develop a risk-based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology.

- Perform audit tests and prepare working papers in accordance with professional IIA standards.

- Assists in the identification of Audit universe, risk assessment of audit entities & development of the annual Internal Audit plan.

- Keeping abreast on the change in risk environment within / outside the organization.

- Training to the new and existing team members on auditing and recent developments.