Audit Team Lead

Job Summary

The Associate Team Lead - Audit & Compliance will oversee and execute financial audits, ensure compliance with regulatory and internal policies, and support risk management initiatives. The role requires a detail-oriented professional with a strong background in financial controls, auditing, and compliance processes.

Key Responsibilities

1. Audit Execution & Management

• Conduct internal and external audits to ensure financial accuracy and compliance.
• Review and verify financial statements, reports, and transactions for adherence to policies and regulations.
• Collaborate with internal teams and external auditors to streamline the audit process.

1. Compliance Monitoring

• Ensure compliance with statutory regulations, including tax laws, accounting standards, and corporate policies.
• Develop and implement compliance frameworks and checklists for internal use.
• Monitor changes in laws and regulations and update company policies accordingly.

1. Risk Assessment & Mitigation

• Identify potential financial and operational risks through comprehensive analysis.
• Recommend and implement risk mitigation strategies.
• Conduct periodic reviews of processes and controls to identify improvement opportunities.

1. Team Leadership

• Supervise and guide junior team members, providing mentorship and training in audit and compliance practices.
• Allocate tasks, set priorities, and monitor performance to ensure objectives are met.

1. Reporting & Communication

• Prepare detailed audit reports, including findings and actionable recommendations.
• Present audit results and compliance updates to senior management.
• Act as a liaison between the finance team and other departments on audit and compliance matters.

Qualifications and Skills

Education:

• Bachelor’s degree in Finance, Accounting, or a related field (mandatory).
• Certified Internal Auditor (CIA), Chartered Accountant (CA), or equivalent certification preferred.

Experience:

• Minimum of 4-6 years of experience in auditing, compliance, or related finance roles.
• The candidate should have experience in handling external audits, particularly with a Big 4 firm
• Experience in leading audit assignments and working with cross-functional teams.
• Skills:
• In-depth knowledge of financial regulations, internal controls, and audit methodologies.
• Strong analytical and problem-solving skills.
• Proficient in financial software and audit tools (e.g., Oracle, SAP etc.).
• Excellent communication, presentation, and leadership abilities.
• Attention to detail and high standards of accuracy.