Sr. Associate Internal Audit

Hero Fincorp; Gurugram District; On-site; INR 900,000 - 1,350,000; Full time

Job summary

Hero Fincorp is seeking an experienced Internal Auditor to strengthen risk management in its financial services environment. You will lead audits, assess controls, and work with management to implement action plans.

The ideal candidate holds CA/MBA with 5–10 years of internal audit experience and exposure to banking/NBFC products, data analysis, and strong communication skills.

Qualifications

• CA/MBA with 5-10 years of relevant experience in financial services.
• Core internal audit experience preferred; checklist-based audits not preferred.
• Exposure to data analysis and banking/NBFC products.

Responsibilities

• Identify risks and evaluate controls to improve governance and risk management.
• Develop and execute the audit plan and lead day-to-day audits.
• Lead internal audits and conduct opening meetings with stakeholders.
• Prepare concise audit reports communicating findings clearly.
• Develop risk-based test plans and sampling criteria per internal audit methodology.
• Perform audit tests and document working papers per IIA standards.
• Define audit universe and annual internal audit plan.
• Keep abreast of changes in risk environment and policies within the organization.

Skills

Internal Audit

Risk & Controls

Data Analysis

Accounting Principles

Stakeholder Engagement

Communication Skills

Education

Chartered Accountant

MBA

Post Graduate

Job description

Key Responsibilities

• Contribute to the Internal Audit function by identifying risks associated with business objectives and evaluating the controls in place to mitigate those risks in order to improve the effectiveness of risk management, control, and governance processes.
• Take lead in developing and executing the company's audit plan, and involve in the day to day execution of internal audits.
• Participate & Lead in Internal Audits.
• Participate in opening meetings with stake holders to explain the scope and objectives of the audit.
• Perform process walkthroughs to identify key risk & control matrix.
• Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives.
• Conduct audit discussions with business management to identify the root cause & to obtain sustainable management action plans.
• Preparation of a concise and informative audit report to effectively communicate the findings.
• Develop a risk-based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology.
• Perform audit tests and prepare working papers in accordance with professional IIA standards.
• Identification of Audit universe, risk assessment of audit entities & development of the annual Internal Audit plan.
• Keep abreast on the change in risk environment within / outside the organization.
• All responsibilities should be performed as per the Company Values and guidelines mentioned in the Company policies, as applicable and within the parameters of Company Code of Conduct

Eligibility Criteria for the Job

Education

Preferably Chartered Accountant / MBA/ Post Graduate.

Experience

5 - 10 years of relevant experience (post qualification) in the financial service industry similar to the HFCL environment and products. Core internal audit experience is preferred.

Experience of only checklist-based audits (concurrent audit, branch audits etc) shall not be preferred.

Skills and Competencies

• Exposure to Internal audit of relevant functions/ products in Banking / NBFC
• Understanding of risk and control concepts
• Understanding of accounting principles and financial statement
• Practical exposures to data Analysis
• Communication skills-Written & Verbal
• Internal Stakeholder Engagement