Financial Auditor (CA) – Remote

Job Description

– Develop a comprehensive understanding of PhonePes business, systems, and processes.
– Acquire in-depth process understanding for planned audits, including processes, systems
involved, data flow, and datasets.
– Be able to evaluate financial, operational, technical, and compliance processes and internal
controls, identifying areas of risk and operational process improvement. Be able to validate
them against requirements including Financial Reporting standards, policies and processes.
– Should be having strong understanding of financial risks & respective financial reporting
standards and be able to identify risks, evaluate relevant internal controls with the objective
of mitigating the risks and improving financial & operational performance.
– Execute audits from risk assessment, audit planning & scoping to execution & reporting.
– Prepare / review RCMs, process notes, flow charts, and other working papers.
– Drives and understand root cause of the observations and follow the 5 why approach for
corrective action plans.
– Prepare comprehensive audit reports, ensuring clarity, accuracy, and adherence to
internal reporting standards.
– Facilitate discussions with auditees on audit findings, ensuring a clear understanding of
identified issues and recommendations, and report significant issues to senior management.
– Provide timely updates on audits to the Internal Audit head, holding regular meetings
with auditees.
– Ensure the overall quality of audit reports and audit documentation based on methodology
– Plan resource and budget for audit and be able to lead the audit team
– Collaborate with cross-functional teams to implement corrective actions and enhance
internal controls.
– Stay updated on industry regulations, best practices, and emerging trends.
– Work collaboratively in a fast-paced, multi-dimensional team to ensure timely completion
of projects.

– Handle Internal Audit organizational activities, including budgeting, risk assessment, and
external stakeholder management.
– Conduct periodic follow-ups with auditees to monitor the timely and effective
implementation of management action plans.
– Drives planning, design, and implementation of audit analytics in projects. Understands
existing datasets, DBs and good understanding of data quality and ability to test / validate
accuracy, completeness, and usability of data.
– Collaborating with business partners and 2nd LOD functions to understand data
architecture and help identify the most suitable source of data for audit purposes.
– Demonstrates good understanding of data governance processes, practices, policies,
and guidelines.
-Execute Internal Audit fieldwork based on the acquired process and data understanding.

Essential Skills/Qualification

– Min 7 years of post-qualification experience in internal audit and/ or Statutory audit
– Chartered Accountant or equivalent qualification – Sound understanding of control
environment, compliance, and risk frameworks.
– Sound understanding of financial reporting frameworks and key accounting ERPs.
– Excellent written and verbal communication skills.
– Strong problem solving and analytical skills.
– Be able to work in a fast-paced role with competing priorities. Adaptable to project
requirements and does what is required to get the job done.
– Demonstrate ability for seamless execution, continuous improvement and problem solving.
Preferred Skills & Qualification
– Experience in Financial internal audits and/or Statutory Audits with Big4 or organization risk and control functions.
– Prior industry experience
– Experience in Accounting software such as Oracle, SAP and Microsoft Dynamics etc.
– Data Analytics Skill sets such as SQL, Python, Qliksense
– Build SQL scripts and perform data analysis to create valuable insights to aid Internal
Audits.
– Review quantitative analysis that translates data into actionable insights.
– Experience in analysing very large, complex, multi-dimensional data sets for risks and
issue trends.

Role: Audit Manager
Industry Type: IT Services & Consulting
Department: Finance & Accounting
Employment Type: Full Time, Permanent
Role Category: Audit & Control