Director - Audit Quality Assurance

Employee Forums; Gurugram District; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

Employee Forums seeks an experienced Audit Quality Assurance leader to design and manage a comprehensive program that evaluates and enhances the internal audit function. You will oversee assessments, reports, and continuous improvements across audit activities.

The ideal candidate has 12+ years in audit quality, a deep understanding of accounting standards, and strong communication skills to train staff and coordinate with stakeholders. Prior fintech exposure is a plus.

Qualifications

• Bachelor's or Master's degree in Accounting, Finance or related field.
• 12+ years of experience in audit quality assurance or related field, preferably in financial services or fintech.
• Strong understanding of accounting principles, auditing standards and internal control frameworks.
• Proven ability to lead quality assurance programs.
• Strong understanding of controls and risks.
• Excellent written and verbal communication skills.
• Strong attention to detail and commitment to quality.
• Strong analytical and problem-solving skills.
• Proficiency in using audit tools and software.
• Experience in fintech industry preferred.

Responsibilities

• Develop, implement, and maintain a robust audit quality assurance program that evaluates the effectiveness of the internal audit function on a regular basis.
• Conduct regular assessments of audit work, including reviews of audit plans, working papers, and audit reports, to identify areas of improvement and ensure consistency of audit procedures.
• Ensure compliance with relevant auditing standards, regulatory requirements, and internal policies and procedures.
• Identify and report opportunities for continuous improvements and enhancements in audit documentation.
• Provide training and guidance to audit staff on quality assurance expectations and best practices.
• Collaborate with audit track leaders including other internal and external stakeholders to ensure a high quality audit function.
• Assist HoIA in the preparation of high quality reports and presentations for management and audit committee.
• Manage our co-sourced audit partners and review the quality of their work for feedback and continuous improvement.
• Make S.M.A.R.T recommendations to improve internal audit processes, follow-up on recommendations, and escalate when needed to ensure timely closure of assessments.
• Assist HoIA to prepare for External Quality Assessments (EQA) to ensure outcomes exceed expectations.

Skills

Accounting principles

Auditing standards

Internal controls

Communication skills

Attention to detail

Analytical & problem-solving

Audit tools proficiency

Education

Bachelor's/Master's degree in Accounting or Finance

Tools

Audit software

Job description

About the job: Key responsibilities:

• Develop, implement, and maintain a robust audit quality assurance program that evaluates the effectiveness of the internal audit function on a regular basis.
• Conduct regular assessments of audit work, including reviews of audit plans, working papers, and audit reports, to identify areas of improvement and ensure consistency of audit procedures.
• Ensure compliance with relevant auditing standards, regulatory requirements, and internal policies and procedures.
• Identify and report opportunities for continuous improvements and enhancements in audit documentation.
• Provide training and guidance to audit staff on quality assurance expectations and best practices.
• Collaborate with audit track leaders including other internal and external stakeholders to ensure a high quality audit function.
• Assist HoIA in the preparation of high quality reports and presentations for management and audit committee.
• Manage our co-sourced audit partners and review the quality of their work for feedback and continuous improvement.
• Make S.M.A.R.T recommendations to improve internal audit processes, follow-up on recommendations, and escal… when needed to ensure timely closure of assessments.
• Assist HoIA to prepare for External Quality Assessments (EQA) to ensure outcomes exceed expectations.

What are we looking for -

• Bachelor's/masters degree in Accounting, Finance or a related field.
• Minimum 12 years of experience in audit quality assurance or a related field, preferably in the financial services or fintech industry.
• Strong understanding of accounting principles, auditing standards and internal control frameworks.
• Proven ability to lead the quality assurance programs.
• Strong understanding of controls and risks.
• Excellent written and verbal communication skills.
• Strong attention to detail and commitment to quality.
• Strong analytical and problem-solving skills.
• Proficiency in using audit tools and softwares.
• Experience in the fintech industry (preferred)
• Certified Internal Auditor or equivalent designation (preferred) .