Job Title: Associate Director Internal Audit
Location: Bangalore
Experience Required: 5-10 years post-qualification
Key Areas: Audit Planning and execution
About the Company
Founded in 2021 by Stanford University dropouts, Aadit Palicha and Kaivalya Vohra, Zepto is India's fastest growing e-grocery company valued at $1.4 Billion following its recent Series-E fundraise of $200 Million from marquee global investors including StepStone Group, Goodwater Capital, Y Combinator Continuity, Kaiser Permanente, Nexus Venture Partners, Glade Brook Capital, and Lachy Groom. Headquartered in Mumbai, Zepto is present across 10 major cities in the country, 1000+ employees strong, and delivers 5000+ products, including fresh fruits and vegetables, daily cooking essentials, dairy, health-and-hygiene products, etc., to Indian homes within 10 minutes. Through strong tech capabilities, an efficient business model, and a network of highly optimized delivery centers across its 10 locations, the company is revolutionizing the Indian grocery segment currently pegged at $600 Billion, making it easier and more convenient. Beyond groceries, Zepto has also introduced a cafe offering that allows customers to order Coffee, Chai, and other Caf items, along with their groceries.
Key Responsibilities:
- Audit Planning and execution:
- Develop and implement the annual audit plan.
- Identify key areas of risk within the organization and prioritize audit activities accordingly.
- Coordinate with department heads to understand business processes and assess risks
- Lead and manage audit engagements from planning through to reporting.
- Perform detailed audits to evaluate the effectiveness of internal controls, financial integrity, and operational efficiency.
- Ensure audits are conducted in compliance with professional standards and internal policies.
- Coordination with internal stakeholders to ensure adequate support is provided to auditors.
- Reporting:
- Prepare comprehensive audit reports detailing findings, risks, and recommendations.
- Present audit findings to senior management and the audit committee.
- Monitor the implementation of audit recommendations and follow up on corrective actions.
- Discuss with process owners and timely implement the recommendations of internal auditors.
- IFC:
- Drive the IFC programme Implementation across all areas.
- Prepare/ update IFC RCM
- Provide insights and recommendations to mitigate the control gaps in IFC RCMs
- Test the controls mentioned in the IFC RCMs
- Compliance:
- Ensure the organization complies with applicable laws, regulations, and internal policies.
- Stay updated with changes in regulatory requirements and industry best practices.
- Team Management:
- Supervise and mentor junior audit staff.
- Provide guidance and training to enhance the team's audit skills and knowledge.
- Review and approve audit work performed by junior auditors.
- Continuous Improvement:
- Identify opportunities to improve audit processes and methodologies.
- Stay abreast of industry trends and developments to ensure the audit function remains effective and relevant.
Qualifications:
- Qualified Chartered Accountant.
- Minimum of 5-6 years of experience in internal auditing
- Team Handling experience is must.
- Big 4, Ecommerce, Startup experience is preferred
- Strong understanding of internal controls, risk management, and governance processes.
- Excellent analytical, problem-solving, and decision-making skills.
- Proficient in SAP and Microsoft Office Suite.
- Strong communication and interpersonal skills.
- Ability to manage multiple priorities and work under pressure.
Why Join Us
- Zepto is on a blitzscaling path unlike any other startup today. Be the flagbearer for the financial process in this journey.
- The opportunity to join India's next Unicorn is rare. So, we're giving our team strong equity to create lasting wealth as our company grows.
- Interested Reach out to [Confidential Information]
