Internal Auditor

Gurgaon, India /
Credit - Finance /
About PayU 
PayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East and Africa, part of Prosus group, one of the largest technology investors in the world is redefining the way people buy and sell online for our 300.000+ merchants and millions of consumers. 

As a leading online payment service provider, we deploy more than 400 payment methods and PCI-certified platforms to process approximately 6 million payments every single day. 

Role: Internal Audit
Location: Gurgaon
Entity: PayU Finance

As an Internal Auditor, you will be developing and executing the annual audit plan and take a lead role in the day-to-day execution of internal audits of PayU Credit Entities. You will contribute to the Internal Audit (IA) function by identifying risks associated with business objectives and evaluating the controls in place to mitigate those risks in order to improve the effectiveness of control, and governance processes.

What are you expected to do?
·         Plan and conduct the opening meetings with auditee to explain the scope and objectives of the audit engagement to auditee and provide an overview of all steps in the audit process
·         Develop a thorough understanding of business processes, policies, SOPs and practices in scope for assigned audits and document the processes in flowcharts and/or process narratives. Identify and document inherent risks and controls within the business processes
·         Identify and carry out pre-planning work to narrow down on the focus areas.
·         Review the Risk Control Matrix, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology
·         Review the audit tests and prepare working papers in accordance with standards
·         Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives.
·         Identify and document control and process weaknesses and provide evidential support for findings.  Propose practical and value-added recommendations to address control weaknesses and/or process inefficiencies
·         Plan and conduct closing meetings with auditee at the end of fieldwork, providing clear explanations for identified issues
·         Responsible for preparation of a concise and informative audit report to effectively communicate the findings and recommendations to the senior management.
·         Responsible for presentation and alignment of the results of the audits with the senior management
·         Development of the annual Internal Audit plan in line with the planning framework
·         Responsible for developing data analytics queries on in-house tool - identifying data analytics, data pattern analysis, logic definition for query and dashboard, quality testing of the exception reports
·         Lead investigations assigned to IA on need basis
·         Responsible for preparing presentation deck for quarterly Audit Committee (AC) meeting
·         Responsible for ongoing follow-up with the business process owners on the implementation of the corrective action plans for the findings highlighted
·         Responsible for executing the ICFR test of operating effectiveness engagement.

What are we looking for?
·         Chartered Accountant at least 3-4 years post qualifications experience in NBFC/Bank/ Fintech
·         Good interpersonal skills with a proven ability to communicate effectively (both written and verbal) with all levels within the organization
·         Capable of working independently and with minimum supervision
·         Commitment to self-development and expansion of knowledge
·         Proficient in conducting audits in the IT environment
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 

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 of our people, communities and customers. Our leaders are committed to create an inclusive work culture which enables transparency, flexibility and unbiased attention to each and 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.