Head of Internal Audit

Bhuta Shah & Co LLP | Chartered Accountants · India

Job Description

Partner – Internal Audit & Risk Advisory

Location: Mumbai

Experience: 15+ years of relevant experience

Qualification: Chartered Accountant (CA)

Employment Type: Full-time

Function: Internal Audit & Risk Advisory

About the Role

We are looking for an experienced and commercially oriented Partner – Internal Audit & Risk Advisory to lead and further develop our Internal Audit and Risk Advisory practice. The individual will be responsible for managing key client relationships, leading complex engagements, developing the practice, and providing strategic risk, governance, and internal control advisory to clients across industries.

The role requires a strong combination of technical expertise, leadership capability, business development skills, and client relationship management .

Key Responsibilities

1. Business Development

• Drive business development initiatives for the Internal Audit & Risk Advisory practice.
• Identify and develop new business opportunities through professional networks, industry relationships and existing client relationships.
• Prepare and lead client pitches, proposals and presentations.
• Develop new service offerings aligned with emerging business, regulatory and risk requirements.
• Participate in industry forums, networking events and professional initiatives to strengthen the firm's market presence.

2. Client Management

• Act as a trusted advisor to CXOs, promoters, boards and Audit Committees.
• Manage and strengthen relationships with existing clients and identify opportunities for providing additional advisory services.
• Lead discussions with senior stakeholders and present key findings, observations and recommendations.
• Ensure high standards of service delivery, quality and client satisfaction.

3. Internal Audit & Risk Advisory

• Lead and oversee internal audit assignments across diverse industries and business environments.
• Review and assess the effectiveness of internal controls, risk management frameworks and governance processes.
• Lead assignments covering Enterprise Risk Management (ERM), IFC/ICFR, SOP reviews, process reviews, operational audits and compliance reviews .
• Evaluate business processes and identify control gaps, operational inefficiencies and potential areas of risk.
• Provide practical recommendations for strengthening internal controls and improving business processes.
• Oversee preparation and review of internal audit reports, risk registers, management letters and presentations to senior management and Audit Committees.
• Handle special assignments including fraud risk assessments, investigations, process diagnostics, due diligence and forensic reviews , as required.

4. Practice & Team Leadership

• Build, mentor and lead a high-performing Internal Audit & Risk Advisory team.
• Provide technical guidance and review support to Managers, Senior Managers and other team members.
• Allocate resources effectively and ensure timely completion of engagements.
• Develop training and knowledge-sharing initiatives within the practice.
• Establish and maintain strong engagement quality and review processes.

5. Strategic Advisory

• Advise clients on improving governance, risk management and control frameworks.
• Provide insights on emerging operational, financial, technology and regulatory risks.
• Assist clients in designing and implementing robust internal control and risk management frameworks.
• Work closely with other service lines such as Statutory Audit, Taxation, Corporate Finance, Forensics and Transaction Advisory to provide integrated solutions to clients.

Desired Candidate Profile

• Chartered Accountant with 15+ years of overall experience , preferably with significant experience in Internal Audit and Risk Advisory.
• Strong experience in Internal Audit, Risk Management, ERM, IFC/ICFR, SOP, process reviews and governance advisory .
• Experience of independently handling large and complex client engagements.
• Proven ability to originate and convert business opportunities and manage key client relationships.
• Excellent leadership, communication, presentation and stakeholder-management skills.
• Strong commercial orientation with the ability to understand client businesses and provide practical, value-added recommendations.
• Prior experience in a Big 4 / large CA firm / consulting environment will be preferred.

Key Competencies

• Internal Audit & Risk Advisory
• Enterprise Risk Management
• IFC / ICFR
• Internal Controls & Governance
• SOP & Process Advisory
• Audit Committee Reporting
• Client Relationship Management
• Business Development
• Team Leadership
• Strategic & Commercial Acumen
• Stakeholder Management
• Excellent Communication & Presentation Skills

What We Offer

• Leadership opportunity to build and scale the Internal Audit & Risk Advisory practice .
• Opportunity to work with diverse clients and industries.
• Exposure to CXO, promoter, Board and Audit Committee-level stakeholders.
• Opportunity to collaborate with multiple service lines of the firm.
• Entrepreneurial environment with significant scope for business development and practice building.

Interested can call 9082169379