National Head - Internal Audit - Housing Finance Firm - CA

We have requirement for National Head-Internal Audit with one of Leading Housing Finance Company

Position: National Head-Internal Audit

Education: CA

Job Role:

General Job Responsibility:

- Develop and implement a comprehensive internal audit strategy aligned with the company's business objectives, risk profile, and regulatory requirements.

- Lead the preparation and execution of the annual audit plan, ensuring that audits are effectively prioritized based on risk assessment.

- Manage, mentor, and develop a team of internal audit professionals to ensure audits are conducted effectively and within timelines.

- Provide regular training and guidance on auditing techniques, risk assessment, and emerging industry best practices.

- Identify and assess areas of significant risk within the organization and ensure proper internal controls are in place.

- Evaluate the design and effectiveness of internal controls across various business processes.

- Present audit findings to senior management, the Audit Committee, and other stakeholders, ensuring clear communication of risks, control weaknesses, and recommendations for improvement.

- Develop and follow up on action plans with business units to ensure timely resolution of audit findings.

- Comply with audit procedures when planning, performing fieldwork and reporting on internal audit findings

Principal Accountability:

- Ensure compliance with internal policies, laws, regulations, and industry standards relevant to the organization's operations.

- Keep up to date with developments in auditing standards, accounting regulations, and legal requirements.

- Recommend improvements in internal controls, business processes, and overall operational efficiency.

- Promote a culture of risk awareness and sound control practices within the organization.

- Act as a key liaison with external auditors, ensuring smooth coordination during external audits.

- Examines documentation, including reports, statements, records, and memos to gather information

- Reconciles documentation with actual inventory or assets to ascertain accuracy

- Participates in meetings with individuals and departments to update auditees on findings and the audit process

- Prepares reports and preserves documentation pertaining to audits for internal records.

- Presents summarized findings concerning audit results and trends for internal groups

- Analyses audit results to determine methods for increasing profits and decreasing unnecessary costs

- Makes recommendations for the best ways for a company to avoid fraud and reduce waste

- Keeps up-to-date on audit procedures and regulations by attending conferences, workshops, and continuing education seminars

- Participates in industry organizations and develops a professional network

- Develops a specialty in auditing a particular industry, such as health care or government

- Assessing the effectiveness of the design and operation of internal controls across a range of financial and business processes.

- Preparing the audit scope and detailed test plans, perform full audit activities on entities and processes as directed while under the supervision of the Internal Audit management.

- Participate in audit exit meetings where appropriate, and agree audit findings with relevant management and auditees during the performance of an audit.

Specific Skills:

- Leadership: Ability to lead, motivate, and develop a high-performing audit team.

- Analytical Skills: Strong analytical and problem-solving skills to assess complex issues and formulate actionable recommendations.

- Communication: Excellent written and verbal communication skills, with the ability to effectively interact with senior management and stakeholders.

- Detail-Oriented: Ability to work with a high degree of attention to detail while understanding the broader business context.

- Ethical Judgment: High ethical standards with the ability to maintain objectivity and independence in all aspects of the role.

- Technical Proficiency: Proficiency in audit software, data analytics tools, and general Microsoft Office Suite (Excel, Word, PowerPoint).