Job Description :
Job Title: Deputy Manager – Process Audit
Grade: M3
Department: Internal Audit
Location: Vikhroli Head Office, Mumbai
CTC: Up to ₹15 LPA
Work Timing: 10:00 AM to 7:00 PM
Work Days: Monday to Saturday
Industry Preference: Candidates with a CA qualification from General Insurance background preferred. Candidates from Life Insurance or Banking will also be considered.
Role Summary
We are seeking a qualified and experienced Chartered Accountant to join as Deputy Manager – Process Audit. This role involves taking end-to-end accountability for audit engagements—from risk assessments to audit execution—while providing assurance to top management on the effectiveness of internal controls, governance frameworks, and risk management systems.
Key Responsibilities
Audit Planning & Risk Assessment
Contribute to the internal audit risk assessment using deep understanding of business operations and risks.
Participate in the annual audit planning and maintenance process.
Audit Execution
Lead the planning, scoping, and execution of complex audit engagements across departments and processes.
Ensure delivery of high-quality audit reports, with proper documentation of professional judgments and decisions.
Monitor the resolution and closure of audit findings and follow-up actions.
Review and approve key audit documents including ToRs, Risk & Control Matrices, Reports, and Issue Logs.
Governance & Reporting
Ensure timely agreement of final audit reports and corrective action plans with senior leadership.
Report on internal audit activities and outcomes to the Head of Audit and Top Management.
Maintain alignment of the audit program with evolving risk profiles and regulatory expectations.
Stakeholder & Relationship Management
Build and manage effective relationships with senior leadership, business heads, external auditors, and regulators.
Promote collaboration between Internal Audit and Risk functions to ensure a unified risk and control framework.
Coordinate with other assurance functions to support a comprehensive, enterprise-wide audit coverage.
People Management & Contribution
Manage and mentor junior audit staff and contribute to team development.
Promote ongoing learning, technical upskilling, and a high-performance culture within the audit team.
External Collaboration
Represent the Internal Audit team in external interactions as delegated, including with peers in the industry, regulators, and professional institutions.
Success Measures
Completion of targeted audit coverage within timelines and quality standards.
Effective identification and reporting of control weaknesses, with timely resolution of issues.
Contribution to strategic and continuous improvement initiatives.
Team development and engagement based on performance, participation in training, and quality outcomes.
Qualifications
Chartered Accountant (CA) – Mandatory
Additional professional certifications such as CIA, CISA, CPA preferred
Experience
Minimum 11–12 years of experience in internal audit or risk management
Strong knowledge of governance, risk, and control frameworks
Prior experience in General Insurance is preferred
Candidates from Life Insurance or Banking sectors may also be considered
Language & Mobility
Fluency in English is required; additional languages are a plus
Willingness to travel frequently within the region; occasional cross-region travel may be required