This pivotal role involves leading and executing comprehensive internal audit engagements across various business functions, ensuring robust risk management and control frameworks are in place. The incumbent will be instrumental in evaluating the effectiveness of operational processes, financial controls, and compliance with regulatory requirements. Working closely with senior management, business unit heads, and cross-functional teams, this role directly contributes to enhancing organizational efficiency, safeguarding assets, and supporting strategic decision-making by providing objective insights and actionable recommendations. The impact of this role is significant, directly influencing the company's ability to mitigate risks, optimize performance, and maintain a strong governance structure for sustained growth.

Key Responsibilities:

- Develop and execute annual audit plans, including risk assessments and audit program development, to ensure comprehensive coverage of critical business areas for senior leadership.

- Lead and conduct complex internal audit assignments, evaluating the adequacy and effectiveness of internal controls, operational processes, and compliance with policies and regulations, providing assurance to the Audit Committee and Board.

- Identify and assess potential business risks, control deficiencies, and opportunities for process improvements, presenting clear and concise findings to management for timely remediation.

- Prepare detailed audit reports and executive summaries, articulating audit observations, risks, and practical recommendations to business stakeholders to drive operational excellence and risk mitigation.

- Collaborate with business units to monitor the implementation of audit recommendations, ensuring effective closure of identified issues and continuous improvement of the control environment.

- Engage in advisory projects, including business process reviews and pre-implementation reviews of new systems, to proactively embed controls and best practices, supporting strategic business development initiatives.

- Stay abreast of industry best practices, regulatory changes, and emerging risks to continually enhance the internal audit methodology and value proposition for the organization.

Required Skillset:

- Proven expertise in internal audit methodologies, risk management frameworks (e.g., COSO), and corporate governance principles, demonstrating a strong analytical and investigative acumen.

- Exceptional ability to analyze complex business processes, identify control gaps, and formulate practical, value-added recommendations that align with strategic objectives.

- Strong communication and presentation skills, capable of articulating complex audit findings and recommendations clearly and persuasively to diverse stakeholders, including senior executives.

- Demonstrated proficiency in data analysis tools and techniques to support audit procedures and identify trends or anomalies effectively.

- A professional qualification such as CA, CPA, CISA, or an MBA from a premier institution, underscoring a robust foundational understanding of finance and business operations.

- Excellent interpersonal skills, with the capacity to build strong working relationships across departments while maintaining independence and objectivity.

- Adaptability to a dynamic work environment in Mumbai, involving on-site engagement with various business units and a collaborative team approach.