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Job Description

Aditya Birla Finance Limited

Team Member - Concurrent Audit

Location: G-Corp Tech Park,Thane, Maharashtra

Job Description

Job Description

Enriching Lives Winning as ONE

 

 

ABC Company Info: 

Aditya Birla Capital Limited ("ABCL") is the holding company for the financial services businesses of the Aditya Birla Group. With subsidiaries/JVs that have a strong presence across Protecting, Investing and Financing solutions, ABCL is a financial solutions group that caters to the diverse needs of its customers across their life cycle. Powered by more than 38,000 employees, the businesses of ABCL have a nationwide reach with over 1300 branches, more than 2,00,000 agents/channel partners and various bank partners.

 

Aditya Birla Finance Limited: 

Aditya Birla Finance Limited (“ABFL”), a subsidiary of Aditya Birla Capital Limited, is among the leading well-diversified non-banking financial services company in India. ABFL offers customized solutions in the areas of personal finance, mortgage finance, SME finance, corporate finance, wealth management, debt capital markets and loan syndication.

 

What makes an ideal ABC Citizen?

At ABC, we are constantly on the lookout for individuals who resonate with our 5 core values of Speed, Passion, Integrity, Seamlessness and commitment and live them every day, while also understanding our vision. We believe in building leaders who thrive on challenges, take the onus of creating and sustaining strong teams, and forms strong networks as a result of effective relationship-building.

 

Role Details: 

 

Business

Aditya Birla Capital

Unit

Aditya Birla Finance Limited

Location

Mumbai

Role

Team Member – Concurrent Audit

Department

Internal Audit

Eligibility Criteria

CA/ Graduate Diploma

 

Required Skills & Competencies

  • Analytical thinking and attention to detail.
  • Investigative and fraud detection skills.
  • Integrity and strong ethical standards.
  • Effective communication and reporting.
  • Process orientation and innovative mindset.
  • Networking and stakeholder management.
  • Ability to conduct training and awareness sessions.
  • Flexibility for travel and on-ground investigations.

 

Key Responsibilities: 

 

Key Result Areas  

Development of Audit Strategy and Plan

 

  • Contribute in developing concurrent audit strategies for timely and proactive coverage of key risks including Credit risk, Compliance risk, Legal risk, Fraud risk, Operational risk, Third party risk/Outsourcing risk, Financial risk, People risk, Reputational risk etc., and related controls. 

 

  • Contribute in developing concurrent audit plans based on risk and the regulatory framework; Ensure use of advanced integrated auditing concepts and extensive use of technology and data analysis for achievement of the audit objectives

 

  • Actively and Proactively contribute in managing the external concurrent auditors where external specialized professional audit services are used for Concurrent Audits coverage; Ensure the timely and quality delivery of the Concurrent Audits by the external concurrent auditors.

 

 

Execution of Audit Strategy and Plan

 

  • Execute audit strategy and plan of concurrent audits testing ~5000+ controls covering key risk-sensitive areas across ABFL in accordance with the Policies, Procedures, Legal, Statutory and Regulatory requirements, Internal Audit Standards, and leading best practices

 

  • Contribute in developing concurrent audit checklists and processes for adequate and effective concurrent audit coverage of various risks across key areas / activities of ABFL including Compliance risk, Legal risk, Fraud risk, Operational risk, Third party risk/Outsourcing risk, Financial risk, People risk, Reputational risk etc., and various applicable laws and regulatory circulars / guidelines across various regulators.

 

  • Maintain and update concurrent audit procedures and checklists to ensure they remain current and updated keeping pace and aligned with changes in internal policies/guidelines as well as legal/statutory/regulatory changes and evolving industry best practices. 

 

  • Ensure timely and quality execution of concurrent audit reviews covering all the key risk areas across ABFL 

 

  • Ensure timely completion of Concurrent audit plan with quality of audits, and meet with all concurrent audit documentation and reporting requirements as per Concurrent audit policy and procedures and leading best practices 

 

  • Active and Proactive Engagement within audit as well as with the relevant Business and Functional stakeholders related to concurrent audits to enhance the maturity level of controls over various risks including Compliance risk, Legal risk, Fraud risk, Operational risk, Third party risk/Outsourcing risk, Financial risk, People risk, Reputational risk etc. benchmarking with the leading best practices

 

  • Effective communication and reporting of Concurrent audit findings and follow up with various stakeholders to ensure timely remediation and implementation of concurrent audit recommendations

 

  • Provide effective recommendations for improvements to the organization policies, processes and practices based on leading industry practices and emerging risks

 

Continuous Monitoring

 

  • Keep abreast of the emerging audit trends and drive key audit initiatives for efficient and effective achievement of the concurrent audit objectives

 

  • Identify and develop automated tests for efficient and effective concurrent audit on an ongoing basis.

 

Communication and Stakeholder Engagement

 

  • Effective communication and reporting within audit as well as to various stakeholders where relevant

 

 

Learning and Development

 

  • Continuous development of self and the team through regular learning and sharing of knowledge / best practices.

 


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Refer the links to know more Growth & Culture at ABC: https://www.adityabirlacapital.com/careers?ref=abc-homepage

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Disclaimer

 

 

Aditya Birla Capital is committed to provide equal opportunity to all in employment and prohibits discrimination or harassment in any form on the basis of race, colour, religion, ethnicity, age, gender, disability or any other characteristic protected by law. Diversity, Equity and Inclusion (DEI) is embedded in our recruitment policies based on our business needs and candidates meeting the eligibility criteria such as qualification, skills and experience.

 

 

 

Important

  • Aditya Birla Capital and its member companies do not demand or accept money from job applicants.
  • Any job offer made against a service charge or security deposit or processing fees or background verification expenses or any other terms, whether refundable or non-refundable should be considered fake.
  • An authentic job offer mail from us will have our domain name (adityabirlacapital.com).
  • Please be aware of fraudsters using fake URLs to mask themselves as senders from reputed organisations. Hence always check and verify the email ID.
  • Any mail offering a job, interview date and asking for personal details should be handled with caution, especially if the mail address list also includes email IDs ending with Gmail/Yahoo/Hotmail/Live domains.
  • In case a job applicant is offered a job against payment in any form, or has accepted employment from fraudulent persons, Aditya Birla Capital and its member companies will NOT be held liable and responsible for any consequences thereof.
  • Please remain vigilant of such offers and notify us here .You may also lodge a complaint with the law enforcement agencies.
  • Beware of fake websites, email IDs, Facebook, LinkedIn pages that appear similar to ours.
  • We reserve the right to initiate any appropriate action as we deem fit.

 

 

Minimum Experience Level

4 - 7 years

Job Qualifications

Chartered Accountant,Graduate Diploma

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