Ananya Finance for Inclusive Growth Pvt LtdRole : Head , Internal AuditLocation : AhmedabadTitle : Vice PresidentDesignation : Head , Internal AuditReports Directly To : Managing Director (Reviewing Authority , Audit Committee of the Board)Direct Reports : Internal Audit teamIndirect Reports : Portfolio Monitoring, Portfolio Administration Unit, Recovery officersBackground :Ananya Finance for Inclusive Growth Pvt. Ltd. (www.ananyafinance.com) is an NBFC set up by Friends of Women's World Banking , India (FWWB) in 2009, with the objective of reaching out to a large section of microfinance institutions (MFIs) and grass root entities. Ananya is one of the responsible NBFCs in India with the commitment to serve socially motivated bottom,line enterprises. The company caters to the microfinance, smallholder farmer financing and enterprises that operate in the impact space. The company has a pan,India presence.Position Summary :The Head , Internal Audit will develop the internal audit procedures and lead the team of auditors in conducting audit reviews. The role basically involves periodical review of existing operational controls and providing surety to the management through formal reporting that the controls are effective and suggest necessary revisions or additions as and when required. The scope of work will primarily focus on assessing operational risks and will require working closely with external concurrent auditors., The individual co,shares the responsibility with the Head of Credit and the Managing Director to ensure that the loan portfolio built remains healthy, through smart and efficient monitoring, hygiene factors and early warning systems. , The individual will be a partner to business heads in supporting the growth of the loan portfolio in a profitable and sustainable manner while simultaneously have the ability and courage to voice opinion in a clear, concise manner and defend that position with the Management. , Thus, the unit and the head are key contributors to Ananya's mission and vision and ensuring the company's reputation as an impact lender remains intact. , Efficient team management and high internal stakeholder satisfaction are the other key KPIs. The role involves working closely with other functional heads including business, credit, technology, finance and legal & compliance. , The role is part of the senior leadership team at Ananya and shall be a key contributor to setting the overall direction for the company, annual business plan preparation & implementation, prudent financial and fiscal management, risk management, compliance and prompt & accurate regulatory reporting. Key Performance Indicators :Excellence in :, Audit policy and procedure formulation, Reviewing operational controls and performing in,depth end to end control testing at regular intervals, Analysing the anomalies and findings and reporting the test conclusions to the reporting and reviewing authorities on a monthly basis, Providing recommendations to the management about necessary revisions , further improvements to be made in the control procedures, Training staffs on the control procedures along with the credit and business team, Performing Control design review of the Key Controls,Managerial Supervisory controls, any other Operational Controls to ensure controls are well followed, Conducting event,based specialized reviews and evaluations as and when required, Digitizing the audit and control testing processes, Risk Management , with focus on Operational and Strategic risksQualitative :, Provide training and technical support to the internal audit team, external auditors and frontline staff., Conduct field visit , verifications , meetings with clients and counterparties as part of regular supervision to get first,hand information of ground reality., Assist in image building of the company as a socially responsible lender that provides essential financial services in the impact lending space., Assist in satisfactory audit and external credit rating score, funding partner meetings., Assist in timely and accurate compliance and regulatory reporting.Strategy, Planning, and Management :, Act as a strategic business partner to the Board , Management Committee., Provide smart inputs gathered from field intelligence to develop better products and services and anything that might help the company in taking its mission forward., Assist in formulating the company's future direction and supporting tactical initiatives., Provide insight and recommendations to both short,term and long,term growth plan of organization.Qualification and other skills requirements :, CA , MBA Finance from reputed B,school with at least 10 years in audit and risk management experience in Microfinance, NBFC, retail micro,credit, inclusive banking or Commercial Banking., Excellent analytical and problem,solving skills, Acute attention to detail, Flexibility and ability to cope with stressful situations., Creativity and ability to work with limited resources., Ability to relate to and motivate staff effectively., Experience with Microsoft suite and other Loan Management Systems, Strong written and oral communication skillsEligibility :Ananya promotes gender diversity and would prefer applications from relevant applicants who embrace gender diversity. Qualified women candidates are encouraged to apply. Compensation offered :The gross remuneration budgeted for this position is attractive. Offers shall be commensurate with the qualifications, experience and salary history, of the selected candidate.