Kinara Capital - Head - Internal Quality Audit

Head IQA (Internal Quality Audit)

Overall Delivery :

- Develops the audit vision which provides timely and unbiased information that helps in improving the organization's governance, risk management, and control processes

- Identifies and manages risks to the organization, its assets, and operations and develops ERM strategies, objectives, and policies that will establish the framework, tools, and procedures to achieve successful risk identification and management

- Sets the strategy for Internal Audit, by drawing on diverse sources of information (e.g., competitor, industry, economic) thereby identifying business improvement opportunities

- Meets regularly with the audit committee of the board to report the status of internal audit's ongoing monitoring activities and educating the committee of emerging risks and/or exposures concerning risk management and internal control best practices

- Develops and maintains strong relationships with company leadership by proactively providing guidance and/or consultation in the development of strategies to improve the financial and operational performance of the business; act as an early warning system for business and financial risks; supports business ethics and integrity initiatives

- Provides leadership in the development of audit plans, procedures, and programs to evaluate the adequacy of the company's internal control environment

- Manages area related to RBI regulations/guidance to maintain internal controls to ensure the identification of significant accounts, processes, assertions, and risks, documentation of significant processes and the identification and evaluation of the control design, the performance of tests and controls, and the overall assessment of financial reporting and internal controls

- Develops an organizational competency in the audit function by identifying and integrating best practices in workflow, measurement, technologies, and the resource configuration

- Achieves annual goals and budget targets by effectively managing resources and stakeholder requirements. Attracts, develops, and retains a high-performing workforce

Financial Leadership:

- Oversees internal audit processes of the enterprise as well as the specific administrative activities associated with operating the Internal Audit (business planning, reporting, budgeting, etc.)

- Ensures appropriate metrics are in place to manage business risks and improve decision making; ensures strong accounting and operational control environment to safeguard and improve operations

Human Resources:

- Leads the selection, development, and retention of key leadership talent in the division to build a high-performing, diverse workforce

- Supervises the day-to-day activities of direct reports and promotes a work environment that is fair, equitable, feedback-rich, and career opportunity-focused

- Assembles a high performing leadership team that bridges the gaps in own competencies based on an exceptional understanding of business performance requirements.

- Sets goals and expectations for direct reports using the Leadership Performance Process (LPP) and holds staff accountable for successful performance; coaches team by providing specific feedback to improve performance; conducts annual performance appraisal with direct reports and ensures the same occurs at a lower level of his/her organization

- Champions leadership development and workforce planning priorities by personally assessing, selecting, retaining, and developing diverse, high-caliber talent that can lead the organization today and strengthen the leadership bench for the future; works with Human Resource Leader to anticipate future talent needs based on business growth plans, and allocates resources appropriately

- Actively assists in transferring talented internal auditors out of the department into other challenging positions within the company.