Head of Internal Audit

Role Overview: You will be the Internal Audit Lead at CARS24, playing a crucial role in establishing and implementing the internal audit framework. Your primary responsibilities will include conducting risk-based audits, enhancing internal controls, and collaborating with stakeholders to drive process improvements and operational efficiency. As a structured problem-solver with meticulous attention to detail, you will ensure that audits contribute significantly to the business's success. Key Responsibilities: - Audit Planning & Execution: - Develop and execute a risk-based annual audit plan in alignment 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. - Track implementation of audit recommendations and closure of action items. - Process Optimization & Controls: - Evaluate and reinforce internal controls in critical business functions. - Identify opportunities for automation to enhance process efficiency and minimize manual interventions. - Enhance governance by standardizing and improving SOPs and policy adherence. - Reporting & Stakeholder Engagement: - Create clear, data-driven audit reports with actionable insights for senior leadership. - Present key findings and risk assessments to CXOs and the Audit Committee. - Collaborate with business, finance, and operations teams to align audit outcomes with strategic objectives. - Continuous Improvement & Team Development: - Mentor and develop a high-performing internal audit team. - Stay abreast of industry best practices, emerging risks, and audit methodologies. - Implement audit automation tools and analytics to improve audit effectiveness. Qualification Required: - Minimum 9 years of experience in Internal Audit, Risk Advisory, or Process Assurance, with a strong focus on NBFC operations. - Thorough 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, communication, and reporting skills, particularly in highly regulated environments. - Hands-on experience with audit tools, automation, and analytics, with a preference for NBFC-specific applications.,