About the role
ROLE – FAO Controllership Team member
Role definition
The auditor performs audit assignments for client relationship/s and reports to the FAO Controllership Lead.
Role objective
Ensure a robust internal controls environment across F&A service delivery by assessing business process risks, reviewing control design and operating effectiveness, identifying process/control gaps during ongoing operations and new account transitions, and supporting remediation, audit readiness, and continuous control improvement.
Key Tasks
o Review internal control environment for F&A relationships and report on control effectiveness.
o Perform Day 1 Controls review during transition of new accounts to identify process gaps, design control gaps, and key risks before steady-state operations.
o Prepare and maintain Risk and Control Matrix through understanding of business processes and operational risks.
o Prepare RCSA templates based on the approved RCM, covering risks, controls, owners, frequency, evidence requirements, and assessment criteria.
o Drive RCSA governance by coordinating periodic self-assessments, reviewing responses/evidence, challenging gaps, and tracking remediation actions.
o Create audit programs and testing templates for audit execution.
o Perform audit testing to assess design and operating effectiveness of internal controls.
o Work with Operations on control weaknesses, design required controls, support implementation, and monitor remediation closure.
o Perform RCSA/audit reporting to identify control trends, recurring gaps, overdue actions, and management attention items.
o Support external audits and regulatory requirements.
o Recommend best practices for strengthening the control environment
o Review and prepare Root Cause Analysis for control failures, audit observations, recurring process gaps, and incidents, ensuring clear linkage to underlying causes, corrective actions, ownership, and sustainable control improvements.
Education & Experience
o Specialization in internationally recognized accounting / auditing functions such as CA, CWA / CPA etc.
o Prior experience in any one the following domain is a must - Internal audit / SOX compliance / SOC1 (SSAE18 / ISAE3402 audits) / risk management and assurance practices .
o 7 – 9 years of relevant experience.
o Exposure in ERP - SAP/ Oracle / PeopleSoft etc. is a must.
Key Skills & Competencies
o Ability to identify actual and potential issues, analyze root causes, and support effective problem resolution.
o Strong understanding of transition controls, Day 1 process reviews, control design assessment, risk identification, and gap remediation tracking.
o Strong understanding of RCM preparation, RCSA governance, control self-assessment review, RCA preparation, and remediation tracking.
o Ability to conduct process walkthroughs with operations, identify control design gaps, document observations clearly, and recommend practical control enhancements.
o Effective communication and presentation skills — both oral and written.
o Good knowledge of MS desktop applications.
o Eye for detail.
o Effective time management and multitasking.
o Critical thinking and reasoning ability.
o Customer-oriented and result-oriented approach.
o Strong interpersonal skills to connect with TCS and Client Operations teams.
o Working knowledge of digital audit tools, data analytics, automation, and AI-enabled controls review will be an added advantage.
Qualifications: CHARTERED ACCOUNTANCY