Head - Internal Control - CA/CS

The Head - Internal Control will be responsible for establishing business processes and policies to maintain and strengthen internal controls. He/she would also monitor and maintain budgets, to ensure that spending is within established limits and that financial resources are used efficiently and effectively. He/she would also assist in audits and monitoring internal controls. He/she will work closely with the CFO and other key business executives.

- Establish business processes and policies to maintain and strengthen internal controls

- Analyze financial / non-financial data to identify trends and opportunities for improvement

- Monitor and maintain budgets, ensure that spending is within established limits and that financial resources are used efficiently and effectively

- Ensure quality control over financial transactions and financial reporting

- Provide external auditors with the necessary documentation and support

- Working with Finance Teams for Review of SOPs / IFC/ RCMs

- Run IFC Review with External Consultant

- Run Concurrent Audit / i.e. ensure observations are remediated, ensure adequate coverage of Finance Activities under CA

- Cost Control through Budget Compliance and Cost Reduction Initiatives in discussion with CTO's and other CXO/CFO

- Review of DMS Approvals

- Adequacy of Controls in Budget Preparation

- Adequacy of Controls for all Analytics done for Senior Management

- Review of ICOFR Controls on Reporting

- Liaise with Regulatory Vertical for submission of responses in respect of SEBI Inspection comments specified for F&A

- Fact Check all Submissions for SEBI Inspection Team

- Check adequacy of IT Controls / Segregation of Duties in F&A across

- Check Timeliness of Activities in Treasury, Tax and Reporting Functions

- Review of JD's along with Team leaders on a regular basis

- Review Adequacy of Controls in Finance Operations like Payroll, Vendor Payments, Taxation

- Ensure adequacy of controls on F&A Booking and Physical Verification

- Remediation of Internal Audit Observations

- Additional duties as necessary

- Financial measures - As defined in KRA

- Customer measures - As defined in KRA

- Internal Processes measures - As defined in KRA

- Learning and growth measures- As defined in KRA

- Internal Stakeholders - All internal departments

- External Stakeholders -Members, Auditors, Vendors

Qualifications & Experience:

- CA , CS

- 18-20 years of direct experience in an accounting, auditing or finance role (Minimum 8 years at senior level) in BFSI industry

- Stakeholder Management: managing diverse customer community, broker depositories, regulatory bodies, internal business stakeholders.

- Lead and manage people: Recruits and grows great talent. He/She has the ability to attract, hire, develop and retain a high-performance team; sets and communicates goals, measures accomplishments, holds people accountable, and gives useful feedback; delegates and develops; keeps people informed with proper escalation; provides guidance and coaching; delivers feedback and messages without hesitation; deals promptly and fairly with problem performers.

- Drive execution: Designs effective processes, workflows and systems that deliver results. Instills management focus and discipline. Develops metrics to track progress; always looks for incremental process improvement. Leverages technology extensively as an enabler and to create operating efficiencies.

- Display courage of one's convictions and is action-oriented: He/She fearlessly takes on all issues, challenges, and people; comfortably confronts and works through conflict; thrives in crises and is energized by tough challenges; not afraid to make tough decisions and take tough action; challenges the status quo.

- Lead change / innovation: Is an effective change agent -sets vision and holds oneself and others accountable for change-oriented goals