Senior Manager Internal Audit

Position Summary :

We are seeking an experienced Senior Manager for our Risk Assurance & Management function within the Finance Division. The ideal candidate will lead internal audit planning and execution, drive risk mitigation strategies, and ensure regulatory compliance across all business units. The candidate will also be responsible to drive engagement with our external partner for Internal Audits. This role requires you to have strong analytical skills and the ability to collaborate with various stakeholders to enhance operational efficiencies and minimize risk exposure.

Reporting Structure : Reports to : Vice President - Risk Assurance & Management

Key Responsibilities :

Internal Audit Planning & Delivery

Develop comprehensive Risk-Based Internal Audit (RBIA) plans in consultation with key stakeholders and service providers

Oversee execution of approved internal audit plans and ensure timely completion

Define and align audit scopes to ensure comprehensive coverage across business units

Establish and maintain best practices through well-documented Ways of Working (WOW)

Monitor audit performance metrics to drive continuous improvement

Internal Audit Outcomes Management

Review and ensure quality of deliverables from third-party audit service providers

Track and drive timely closure of high and medium risk audit findings

Implement and monitor compliance frameworks to enhance control environments

Organize periodic stakeholder meetings to review risk mitigation progress

Work with business units to develop SOPs and policies to address design gaps

Management Audits & Special Investigations

Provide oversight for investigations related to whistleblower complaints

Help identify areas for management audits

Lead management audits through the in-house internal audit team

Ensure effective closure of design gaps identified during audits

Present findings and recommendations to senior management

Master Data Management

Provide oversight to the Master Data Management function

Ensure cohesive and diligent performance of MDM activities

Coordinate between various stakeholders in the Finance ecosystem

Create and distribute monthly MIS reports on MDM outputs

Team Management

Foster a culture of continuous improvement and professional development

Provide learning opportunities for the team

Promote organizational values, particularly "Bias for Action" and "One Nykaa"

Ensure adherence to ethical standards and internal audit best practices

Qualifications & Requirements :

Education

Bachelor's degree in Finance, Accounting, or related field required

Professional certification (CA, CPA, CIA, CISA, or equivalent) preferred

Experience

8-12 years of experience in audit, risk management, or related fields

Minimum 3-7 years in a managerial capacity

Experience in e-commerce or retail industry preferred

Technical Skills

Strong understanding of internal controls, risk assessment methodologies, and audit procedures

Knowledge of regulatory compliance requirements in the retail / e-commerce sector

Proficiency in audit management tools and data analytics software

Advanced Excel, PowerPoint and reporting skills

Soft Skills

Excellent analytical and problem-solving abilities

Strong leadership and team management capabilities

Exceptional communication skills (verbal and written)

Ability to build relationships across various levels of the organization

Detail-oriented with strong project management skills

Ability to challenge status quo