Manager, Internal Audit

About PhonePe Group :

PhonePe is Indias leading digital payments company with 50 crore (500 Million) registered users and 3.7 crore (37 Million) merchants covering over 99 PERCENT of the postal codes across India. On the back of its leadership in digital payments, PhonePe has expanded into financial services (Insurance, Mutual Funds, Stock Broking, and Lending) as well as adjacent tech-enabled businesses such as Pincode for hyperlocal shopping and Indus App Store which is India's first localized App Store. The PhonePe Group is a portfolio of businesses aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

Culture

At PhonePe, we take extra care to make sure you give your best at work, everyday! And creating the right environment for you is just one of the things we do. We empower people and trust them to do the right thing. Here, you own your work from start to finish, right from day one. Being enthusiastic about tech is a big part of being at PhonePe. If you like building technology that impacts millions, ideating with some of the best minds in the country and executing on your dreams with purpose and speed, join us!

Manager, Internal Audit

Bengaluru, India

Job Role / Responsibilities

• Develop a comprehensive understanding of PhonePes business, systems, and processes.
• Acquire in-depth process understanding for planned audits, including processes, systems involved, data flow, and datasets.
• Be able to evaluate financial, operational, technical, and compliance processes, identifying areas of risk and operational process improvement. Be able to validate them against requirements, policies, and processes.
• Execute audits from risk assessment, audit planning & scoping to execution & reporting.
• Prepare / review RCMs, process notes, flow charts, and other working papers.
• Drive and understand the root cause of the observations and follow the 5 why approach for corrective action plans.
• Prepare comprehensive audit reports, ensuring clarity, accuracy, and adherence to internal reporting standards.
• Facilitate discussions with auditees on audit findings, ensuring a clear understanding of identified issues and recommendations, and report significant issues to senior management.
• Provide timely updates on audits to the Internal Audit head, holding regular meetings with auditees.
• Ensure the overall quality of audit reports and audit documentation based on methodology.
• Plan resource and budget for audit and be able to lead the audit team.
• Collaborate with cross-functional teams to implement corrective actions and enhance internal controls.
• Stay updated on industry regulations, best practices, and emerging trends.
• Work collaboratively in a fast-paced, multi-dimensional team to ensure timely completion of projects.
• Handle Internal Audit organizational activities, including budgeting, risk assessment, and external stakeholder management.
• Conduct periodic follow-ups with auditees to monitor the timely and effective implementation of management action plans.
• Drive planning, design, and implementation of audit analytics in projects. Understand existing datasets, DBs and have a good understanding of data quality and ability to test / validate accuracy, completeness, and usability of data.
• Collaborate with business partners and 2nd LOD functions to understand data architecture and help identify the most suitable source of data for audit purposes.
• Demonstrate a good understanding of data governance processes, practices, policies, and guidelines.
• Execute Internal Audit fieldwork based on the acquired process and data understanding.

Essential Skills / Qualification

Preferred Skills & Qualification

PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)

Working at PhonePe is a rewarding experience! Great people, a work environment that thrives on creativity, and the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us. Read more about PhonePe on our blog.

Additional Links

Locations : Bengaluru