Overview
Key Responsibilities
– Conduct effective risk assessment and assessment of controls relating to financial reporting at the organization level
– Drawing up the plan for conducting the IFC testing post identification of the universe of processes / controls pertaining to financial reporting, developing clear and concise risk/control matrices and testing programs, and reporting
– Ensuring timely commencement / completion of IFC testing, adhering to given schedules, and ensuring adherence to regulatory guidelines and applicable standards.
– Keep abreast of the regulatory requirements, applicable standards, knowledge of the Bank/ industry / sector, latest developments / media news and the potential risks relating to financial reporting
– Driving Innovation and automation through effective use technology
– Ensure comprehensiveness and quality of testing to ensure mitigation of risks
– Ensure timely conclusion of the testing results including ongoing engagement with Key Stakeholders
– Effective engagement with internal / external stakeholder
Qualifications
Optimal qualification for success on the job is:
– CA/MBA (finance)
– Experience in internal audits / statutory audits / IFC testing is preferred