Job
Description
COMPANY OVERVIEW KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. Audit Team Overview: KKR is seeking a professional with 4-6 years’ industry experience to join the Gurugram Internal Audit team. The Internal Audit team is responsible for providing global oversight of the KKR brand across all business lines, support functions, and regions. Internal Audit partners with key internal and external stakeholders to provide independent, objective assurance and consulting services designed to add value, protect the firm, and improve the efficiency and effectiveness of KKR’s internal control environment and operational processes. A successful candidate will have the ability to execute audit projects, assess risk, determine root causes, recommend solutions, and build strong relationships across all levels of seniority within the firm. This candidate will also have the opportunity to build the Global Internal Audit Teams’ Practices department – a team dedicated to internal quality control and adherence to the Global Institute of Internal Auditor Standards (IIA Standards). Position Overview The position is based in the Gurugram office, with the local team reporting into the Head of APAC Internal Audit located in Hong Kong. KKR's Gurugram office provides best-in-class services and solutions to our internal stakeholders and clients, drives organization-wide process efficiency and transformation, and reflects KKR's global culture and values of teamwork and innovation. The office contains multifunctional business capabilities and is integral in furthering the growth and transformation of KKR. Responsibilities Include: Execute local /global internal audits by identifying and assessing the relevant financial, operational, legal / regulatory, and IT risks—including testing the design and effectiveness of mitigating controls Support the execution of the department’s Practices program, including developing and executing a quality assurance program reporting into the Global Practices lead Assist with planning and executing audit-based aspects of India regulatory regimes, including Reserve Bank of India (RBI) Act, Companies Act 2013 (As amended), Income tax act, labor laws and other applicable local regulations. Collaborating on consulting engagements and special projects / analyses requested ad-hoc by Management Developing process narratives, audit programs, and test procedures for assigned projects Partnering with firm management to develop and implement corrective action plans in response to Internal Audit recommendations, best practices, and/or process improvements. Preparing audit reports and presenting recommended enhancements to Management. Maintaining awareness and knowledge of regulations in the securities and asset management industries, general accounting principles, internal audit best practices, and best practices common in our businesses Assist with conducting global internal audit reviews across business strategies and business operations Demonstrated ability to work independently and conduct audit fieldwork within defined timelines. Communicate progress and escalate any issues encountered. Key Qualifications 4-6 years working experience (experience at a Big 4 accounting or financial services firm is a strong plus) Familiar with local regulatory guidelines and requirements, as well as other relevant regulatory requirements and expectations for the financial services sector Chartered accountant/CIA preferred and/or must be well versed with Institute of Internal Auditors (IIA) Standards Experience in internal controls over financial reporting and financial statement literacy preferred With experience in asset management, private equity, or other financial services institution Knowledgeable in alternative asset management processes/risk is a plus (accounting, valuations, investment and expense allocations, conflicts of interest, information barriers, etc.) Motivated self-starter who works well individually and in teams; Superior written and verbal communication skills; Able to provide professional skepticism with an inquisitive frame of mind Fluency in English required Analytical mindset and with experience in dealing with management and stakeholders Proficiency in Microsoft Office software (i.e., Excel, Word, PowerPoint) KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
