Head – Internal Audit – CA

Sundaram Finance LTD; Chennai District; On-site; INR 2,000,000 - 3,000,000; Full time

Job summary

A leading finance and insurance firm in Chennai is seeking an experienced audit professional with over 15 years in internal auditing. The role includes leading an audit team and overseeing financial and operational audits. Candidates should possess a bachelor's degree in finance or accounting and be a qualified Chartered Accountant. Strong analytical, problem-solving, and communication skills are essential. The position requires relocation to Chennai, and knowledge of the regional language is a plus.

Qualifications

• 15+ years of experience in internal auditing or related fields.
• Proven track record of leading and managing audit teams.
• Familiarity with internal controls and risk management.

Responsibilities

• Lead and manage the internal audit team.
• Prepare and present audit reports to senior management.
• Assess the adequacy of internal controls.

Skills

Analytical skills

Problem-solving skills

Communication skills

Interpersonal skills

Teamwork

Education

Bachelor's degree in accounting, finance, or related field

Chartered Accountant

Certified Internal Auditor (CIA) or CISA

Job description

Key Responsibilities

1. Leadership and Management:
   • Lead and manage the internal audit team.
   • Develop and implement the annual audit plan.
   • Ensure the audit team is adequately resourced and trained.
2. Audit Planning and Execution:
   • Define audit policies and procedures.
   • Oversee the execution of internal audits, including financial, operational, and compliance audits.
   • Ensure audits are conducted in accordance with professional standards.
3. Risk Management and Control:
   • Assess the adequacy of internal controls and risk management processes.
   • Provide recommendations for improving internal controls and mitigating risks.
   • Monitor the implementation of audit recommendations.
4. Reporting and Communication:
   • Prepare and present audit reports to senior management and the audit committee.
   • Maintain open communication with the leadership team and audit committee.
   • Provide an objective and evidence-based opinion on governance, risk management, and internal control.
5. Regulatory Compliance:

Qualifications

1. Education and Certification:
   • A bachelors degree in accounting, finance, or a related field.
   • Qualified Chartered Accountant.
   • Professional certifications such as Certified Internal Auditor (CIA) or CISA will be added advantage.
2. Experience:
   • 15+ years of experience.
   • Extensive experience in internal auditing, risk management, or related fields.
   • Proven track record of leading and managing audit teams.
3. Skills:
   • Strong analytical and problem-solving skills.
   • Excellent communication and interpersonal skills.
   • Ability to work independently and as part of a team.

Key Specifications

• Candidates must have prior experience in the insurance industry, either in their current or previous role.
• The company is based in Chennai, so the candidate must be willing to relocate to Chennai.
• Knowledge of the regional language will be an added advantage.