About PayU PayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East and Africa, part of Prosus group, one of the largest technology investors in the world is redefining the way people buy and sell online for our 300.000+ merchants and millions of consumers. As a leading online payment service provider, we deploy more than 400 payment methods and PCI-certified platforms to process approximately 6 million payments every single day. Thinking of becoming a PayUneer and you are curious to know more about us? Read more about the life in PayU here
About the Role:
We are looking for an experienced internal audit professional who can lead our efforts for the finance and operations audit track and provide independent assurance to the senior management about the effectiveness of internal controls over financial reporting and operational effectiveness of the payments processes. As our regulatory audit track leader, you would also be responsible to continuously monitor, plan and timely deliver all audits throughout the year.
About the team:
This role would be a part of our third line of defense team at PayU Payments Private Limited and would directly report to the Head of Internal Audit.
What you’ll be doing:
Audit planning
Assist the Head of Internal Audit in the day-to-day running of the audits and related deliverables
Lead the audit planning efforts and develop risk-based audit plans based on annual risk assessments
Continuously improve the IA documentation and keep them aligned to the Global IIA standards (ex. IS audit framework and policy, manual, methodology, etc.)
2. Audit delivery
Plan, organize and supervise the conduct of all regulatory mandated audits for the year
Follow agile auditing approach to deliver high quality outcomes
Lead or perform audit work as per prescribed policies, procedures and standards
Prepare reports and management presentations to reflect the outcomes of the audits with a focus on key risks
Document audit fieldwork and own the quality of working papers with an aim to consistently maintain the golden standard
Work closely with co-sourced partners to steer the audit delivery to meet audit objectives and timelines
Stay informed, adopt and implement the best-in-class audit practices and solutions to automate audit testing.
3. Deliver value
Make S.M.A.R.T recommendations to improve processes, follow-up on recommendations, and escalate when needed to ensure timely closure of actions
Ensure all audits exceed expectations during internal and external quality assurance checks
Write high quality audit reports which are praised for their factual accuracy, brevity and clarity
Complete IA self-assessments with consistently improving outcomes year-on-year
What are we looking for?
A qualified candidate with a min. of 10 years of internal and/or statutory auditing experience
CPA, CA or MBA (finance). FRM or other relevant certifications will be an added advantage
Prior and in-depth experience to handle operational audit mandates for various products / licenses, e.g. PPI, BBPS, PA and PG etc.
A thorough understanding of Indian accounting principles and International Financial Reporting Standards and familiarity with industry specific accounting practices and regulatory guidelines
Strong understanding of COSO framework
Ability to assess internal controls across various functions / processes like merchant operations, treasury operations, and financial reporting.
Strong knowledge of business line and regulatory obligations in the Indian Payments space
Proficient with data analytics and good familiarity with data visuatlisation tools
Proactive, independent, resourceful and self-motivated with excellent written and verbal communication skills
A self-starter and fast learner who can work with a small entrepreneurial team of auditors in a fast-paced environment with a focus on delivery and output
Ability to interact, collaborate and challenge teams on the existing practices
Someone who holds high degree of ethics and integrity through any situation
What we offer (Standard)
A positive, get-things-done workplace
A dynamic, constantly evolving space (change is par for the course - important you are comfortable with this)
An inclusive environment that ensures we listen to a diverse range of voices when making decisions.
Ability to learn cutting edge concepts and innovation in an agile start-up environment with a global scale
Access to 5000+ training courses accessible anytime/anywhere to support your growth and development (Corporate with top learning partners like Harvard, Coursera, Udacity)
