Assistant Manager - Internal Audit - Governance, Risk & Compliance

Job Title : Assistant Manager – Internal Audit, Corporate Governance, Risk, and Compliance

Location : Mumbai / Thane

Job Type : Full-time

Reports to : Project Lead-in-charge / Partner

Firm Overview

KVAT & Co, a business consulting and auditing firm with deep expertise in corporate governance, risk management, compliance, monitoring services, technology, and training. Established in 2021, our firm has rapidly evolved from a pioneering partnership between two visionary leaders to a robust team of seasoned professionals with a diverse industry presence. Our operational capacity has expanded significantly to accommodate the increasing demands of clientele which are some of the leading organizations in the diverse industry segments. We continue to scale our services to deliver unparalleled solutions tailored to meet and exceed the evolving needs of our clients. Our international perspective ensures that we provide comprehensive solutions that meet global standards.

Job Summary

We are seeking an experienced and dynamic Assistant Manager for Internal Audit, Risk Management & Compliance to join our team. The ideal candidate will lead and execute projects related to internal audit, Risk advisory and assurance, Business Continuity Disaster Recovery Plans (BCDRP), SOP documentation, business process re-engineering, concurrent audits, branch audits, enterprise risk management, technology audits, revenue audits, IFC Control and testing, outsourcing audit, Compliances, risk control matrix, etc. The Assistant Manager will be responsible for ensuring thoroughness in all deliverables and maintaining effective communication with both internal teams and clients.

Key Responsibilities

• Execution of day-to-day project activities and get the necessary data / information from the client
• Conduct audits / any other project(s) as per the client requirements
• Carry out discussions with clients for any project / audit related issues, audit queries / findings.
• Prepare Audit Program and report to Project Manager / Senior Manager / Associate Director / Partner.
• Monitor the progress of audit and own project performance and report to Senior Managers.
• Execution of key audit areas / focus audit areas.
• Prepare the audit report / Deliverable (Qualitative).
• Work on project deliverables as per required quality within the timeline and scope.
• MIS preparation for plan v / s actual and catch-up plan (in case of any delayed projects).
• Preparation of status update documentation for the client.
• Co – ordinate with client SPOC for audit kick off, audit execution, audit discussions, progress monitoring, deliverable discussions.
• Execute internal audits, process reviews, and compliance audits (e.g., SEBI, IRDAI, RBI) in line with client requirements, engagement scope, and audit methodology.
• Collect relevant data / information and perform preliminary analysis to support audit objectives.
• Develop and execute audit work programs, including process walkthroughs, risk identification, control evaluation, and testing.
• Independently handle audit areas with medium-to-high risk exposure and document testing outcomes with adequate evidence.
• Coordinate and conduct meetings with client SPOCs to understand processes, gather information, and discuss observations or clarifications.
• Draft Risk & Control Matrices (RCMs), process narratives, and process flow diagrams aligned to COSO / ERM frameworks.
• Prepare clear, concise, and insightful audit reports with executive summaries, observations, risk impact, and actionable recommendations.
• Track audit project progress against plan; report deviations and develop catch-up plans in consultation with the Project Manager / Senior Manager.
• Perform data analytics using Excel, ACL, Power BI, or other audit tools to identify anomalies, trends, and patterns relevant to audit scope.
• Support preparation of client deliverables such as draft and final audit reports, dashboards, status updates, and executive presentations.
• Engage in discussions with senior management for issue validation, root cause analysis, and agreement on corrective action plans.
• Ensure compliance with applicable internal audit standards (IIA, ICAI SIA) and firm's quality assurance procedures.
• Maintain audit documentation, working papers, and evidence repositories in line with engagement documentation standards.
• Assist in preparation of MIS dashboards for plan vs actual tracking, resource utilization, and project pipeline monitoring.
• Co-ordinate with client teams for kick-off meetings, data requirements, audit walkthroughs, closure meetings, and feedback collection.
• Lead and execute smaller audit assignments or segments of larger audits independently under guidance.
• Contribute to internal knowledge sharing, audit templates, tools improvement, and industry-specific control libraries.
• Implementing Power Query, SQL and Power BI in assignments pertaining to Audits / Risk / Governance or standalone Data Analytics projects or wherever applicable.

Qualifications And Experience

Benefits

Ctc

Skills : process improvement,audit management software,sebi compliance,concurrent audits,revenue audits,internal audit,business continuity disaster recovery plans (bcdrp),manage client expectations,ifc control and testing,business process re-engineering,enterprise risk management,technology audits,irdai compliance,compliance,data analytics,corporate governance,risk management,power bi,auditing,risk control matrix,excel,outsourcing audit,management,branch audits,risk,walkthroughs,power query,sql,rbi compliance,sop documentation,auditing standards

Skills Required

Internal Audit, Compliance, Power Bi, Branch Audits, Power Query, Sql, Risk Management, Business Process Re-Engineering, Excel, Enterprise Risk Management, Data Analytics