Head of Internal Audit

As an Internal Audit Lead at CARS24, your role is pivotal in developing and executing the internal audit framework. You will lead risk-based audits, enhance internal controls, and collaborate with stakeholders to drive process improvements and operational efficiency. Your structured problem-solving skills and attention to detail will ensure that audits provide tangible value to the business. Key Responsibilities: - Audit Planning & Execution: - Develop and implement a risk-based annual audit plan aligned with business priorities. - Conduct financial, operational, and process audits to assess effectiveness, efficiency, and control gaps. - Identify areas for improvement in internal controls and process efficiencies. - Ensure implementation of audit recommendations, tracking progress and closure of action items. - Process Optimization & Controls: - Evaluate and strengthen internal controls across critical business functions. - Identify automation opportunities to enhance process efficiency and reduce manual interventions. - Standardize and improve SOPs and policy adherence to enhance governance. - Collaborate with cross-functional teams to integrate audit recommendations into business workflows. - Reporting & Stakeholder Engagement: - Prepare clear and data-backed audit reports with actionable insights for senior leadership. - Present key findings and risk assessments to CXOs and the Audit Committee. - Partner with business, finance, and operations teams to align audit outcomes with strategic goals. - Continuous Improvement & Team Development: - Develop and mentor a high-performing internal audit team. - Stay updated on industry best practices, emerging risks, and audit methodologies. - Implement audit automation tools and analytics to enhance audit effectiveness. Qualifications Required: - 9+ years of experience in Internal Audit, Risk Advisory, or Process Assurance, focusing on NBFC operations. - Deep understanding of NBFC regulatory frameworks, risk management, and internal control processes. - Expertise in risk-based auditing, process evaluations, and compliance monitoring within the NBFC sector. - Strong analytical and problem-solving skills, with a data-driven decision-making approach. - Excellent stakeholder management, reporting, and communication abilities, especially in high-regulation environments. - Hands-on experience with audit tools, automation, and analytics, with a preference for NBFC-specific applications. If you are interested in this opportunity, please share your profile at ishika1.jain@cars24.com along with your Current Compensation details.,