Concurrent Auditor (Team Lead)

Capri Global Capital (CGCL); Mumbai; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

Capri Global Capital (CGCL) is seeking a Concurrent Audit Team Leader to oversee real-time audits, lead a team of auditors, and collaborate with departments to address findings. The role emphasizes planning, execution, and reporting of audits to strengthen internal controls and regulatory compliance.

The ideal candidate will have strong leadership, risk assessment, data analysis, and communication skills, with a focus on fraud prevention and continuous process improvement within a financial

Qualifications

• Experience in concurrent audits and regulatory requirements.

Responsibilities

• Lead and mentor a team of concurrent auditors to ensure audit plan alignment.
• Plan and execute audits including objectives, scope and criteria.
• Assess internal controls and recommend improvements.
• Ensure compliance with NBFC regulations and RBI guidelines.
• Identify process improvements to mitigate risk and enhance controls.
• Analyze data to detect trends and anomalies supporting findings.
• Identify potential fraud and report to management.
• Prepare detailed audit reports and track closure of findings.
• Collaborate with departments to discuss findings and actions.

Skills

Team Leadership

Audit Planning

Controls assessment

Compliance review

Data analysis

Fraud prevention

Report preparation

Stakeholder communication

Problem solving

Technical skills

Tools

MS Office

LMS

LOS system

Job description

Role Summary:

A Concurrent Audit Team Leader is responsible for overseeing and directing the execution of concurrent audits, which involve real-time monitoring of transactions and operations to ensure compliance with policies and procedures, and to prevent errors and fraud. This role involves leading a team of auditors, planning and executing audits, preparing reports, and collaborating with other departments to address audit findings.

Role & Responsibilities:

• Team Leadership: Manage, mentor, and develop a team of concurrent auditors, ensuring their skills and performance are aligned with the audit plan.


• Audit Planning and Execution: Develop and execute audit plans, including determining audit objectives, scope, and criteria.


• Assessing Controls: Evaluate the effectiveness of internal controls, identifying weaknesses and recommending improvements.


• Compliance review: Ensure adherence to NBFC regulations, RBI guidelines, and industry best practices.


• Process Improvement: Identify opportunities to improve processes and internal controls, and recommend enhancements to mitigate risk.


• Data Analysis: Analyse data to identify trends and anomalies, and to support audit findings.


• Fraud Prevention: Identify suspicious activity and potential fraud, investigation & reporting any issues to management.


• Report Preparation: Maintain comprehensive audit work papers, including findings, recommendations, action plans prepare detailed audit reports, and track the status of audit findings.


• Stakeholder Communication: Collaborate with various departments and stakeholders to discuss audit findings and closure of issues.

Key Skills required:

• Knowledge of Auditing Standards: Understanding of auditing principles, procedures, and relevant regulatory requirements.


• Financial Acumen: Strong analytical skills and understanding of financial statements, accounting principles, and financial regulations.


• Communication Skills: Excellent written and verbal communication skills for effective reporting and collaboration.


• Problem-solving Skills: Ability to identify, analyse, and resolve audit issues and recommend solutions.


• Technical Skills: Proficiency in MS Office, LMS & LOS system.