Role: Assistant Manager – Internal Audit
We are seeking an experienced Assistant Manager – Internal Audit to lead a two-member internal audit team within our service organization. The incumbent will be responsible for building and executing a robust audit framework, driving process improvements, and ensuring end-to-end compliance with applicable statutory and regulatory requirements. This role requires hands-on leadership, robust knowledge of Indian taxation and GST, and the ability to translate audit findings into actionable business improvements.
Job Responsibilities:
Team Leadership & Audit Management
Lead, supervise, and review the daily work of a two-member internal audit team.
Assign audit engagements, set timelines, and ensure quality of deliverables.
Mentor team members and support their professional development.
Report audit status and findings to senior management / CFO on a regular basis
Process Audit
Plan and conduct end-to-end process audits across all service delivery and support functions.
Map existing processes, identify deviations from defined workflows,
and highlight inefficiencies. Recommend process re-engineering measures and verify implementation of agreed changes.
SOP Implementation & Review
Develop, review, and update Standard Operating Procedures (SOPs) across departments.
Verify adherence to SOPs through periodic walkthroughs and surprise audits.
Work with department heads to close gaps between documented procedures and actual practices.
Risk Assessment
Prepare and maintain a risk register covering financial, operational, compliance, and reputational risks.
Conduct risk-based audit planning prioritizing high-risk areas for deeper scrutiny.
Present risk assessment results and mitigation plans to leadership quarterly.
Internal Controls
Evaluate the design and operating effectiveness of internal controls across all functions.
Identify control weaknesses and work with process owners to design and implement stronger controls.
Follow up on al