Associate Director -Audit & Quality Assurance

About the Team

This role would be a part of our third line of defense team at PayU Payments Private Limited and would work closely with Audit Track Leaders.

About the Role

We are looking for an experienced audit professional to lead and manage our efforts for the quality assurance program across internal and concurrent audits. This role would be an integral part of our Internal Audit team and would directly report to the Head of Internal Audit (HIA), PayU India. As the Audit Quality Assurance Lead, you will play a critical role in ensuring the integrity and effectiveness of our audit function at PayU India.

Responsibilities:

• Develop, implement, and maintain a robust audit quality assurance program that evaluates the effectiveness of the internal audit function on a regular basis. • Conduct regular assessments of audit work, including reviews of audit plans, working papers, and audit reports, to identify areas of improvement and ensure consistency of audit procedures. • Ensure compliance with relevant auditing standards, regulatory requirements, and internal policies and procedures. • Identify and report opportunities for continuous improvements and enhancements in audit documentation. • Provide training and guidance to audit staff on quality assurance expectations and best practices. • Collaborate with audit track leaders including other internal and external stakeholders to ensure a high quality audit function. • Assist HoIA in the preparation of high quality reports and presentations for management and audit committee. • Manage our co-sourced audit partners and review the quality of their work for feedback and continuous improvement. • Make S.M.A.R.T recommendations to improve internal audit processes, follow-up on recommendations, and escalate when needed to ensure timely closure of assessments. • Assist HoIA to prepare for External Quality Assessments (EQA) to ensure outcomes exceed expectations.

Requirements:

• Bachelor’s degree in Accounting, Finance or a related field. • Minimum 12 years of experience in audit quality assurance or a related field, preferably in the financial services or fintech industry. • Strong understanding of accounting principles, auditing standards and internal control frameworks. • Proven ability to lead the quality assurance programs. • Strong understanding of controls and risks. • Excellent written and verbal communication skills. • Strong attention to detail and commitment to quality. • Strong analytical and problem-solving skills. • Proficiency in using audit tools and softwares. • Experience in the fintech industry (preferred). • Certified Internal Auditor or equivalent designation (preferred).

What we offer?

• 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).

About us:

At PayU, we are a global fintech investor and our vision is to build a world without financial borders where everyone can prosper. We give people in high growth markets the financial services and products they need to thrive. Our expertise in 18+ high-growth markets enables us to extend the reach of financial services. This drives everything we do, from investing in technology entrepreneurs to offering credit to underserved individuals, to helping merchants buy, sell, and operate online. Being part of Prosus, one of the largest technology investors in the world, gives us the presence and expertise to make a real impact. Find out more at www.payu.com

Our Commitment to Building A Diverse and Inclusive Workforce

As a global and multi-cultural organization with varied ethnicities thriving across locations, we realize that our responsibility towards fulfilling the D&I commitment is huge. Therefore, we continuously strive to create a diverse, inclusive, and safe environment, for all our people, communities, and customers. Our leaders are committed to create an inclusive work culture which enables transparency, flexibility, and unbiased attention to every PayUneer so they can succeed, irrespective of gender, color, or personal faith. An environment where every person feels they belong, that they are listened to, and where they are empowered to speak up. At PayU we have zero tolerance towards any form of prejudice whether a specific race, ethnicity, or of persons with disabilities, or the LGBTQ communities.