Director of Financial Audit

Role Overview US Tech Solutions is seeking a Director of Financial Audit – Global Staffing Operations to lead and strengthen financial audit, compliance, and risk management across our global staffing and workforce solutions business . This role will provide strategic and operational leadership over audits related to payroll, billing, revenue recognition, margin integrity, and regulatory compliance , with a strong focus on U.S. staffing operations , MSP/VMS-driven clients , and multi-country delivery models . Based in Noida, India , this role will partner closely with U.S.-based Finance, Payroll, Compliance, Legal, and Operations leaders , ensuring audit rigor while enabling scalable and compliant growth. Key Responsibilities 1. Audit Strategy & Leadership Define and own the global financial audit strategy for staffing operations Develop annual and quarterly risk-based audit plans Lead, mentor, and manage a team of 3–5 financial auditors Establish audit standards, methodologies, and documentation practices Act as a trusted advisor to senior leadership on audit and risk matters 2. Global Payroll & Timekeeping Oversight Oversee audits of payroll for: U.S. W-2 consultants International contractors and employees High-volume contingent workforce Ensure compliance with: U.S. FLSA and state wage & hour laws MSP/client-specific payroll rules Country-specific labor regulations for offshore/onshore delivery Identify systemic payroll risks, leakage, and misclassification exposure 3. Client Billing, Revenue & VMS Audits Direct audits of client billing across: Direct enterprise clients MSP/VMS programs Ensure accuracy of: Pay vs bill rates Markups and margins Overtime and premium billing Expense and reimbursement charges Oversee compliance with ASC 606 revenue recognition Review billing disputes, credits, and write-offs from a controls perspective 4. Margin, Cost & Profitability Governance Provide executive-level oversight of: Gross margin trends by client, region, and service line Margin leakage and erosion drivers Partner with Finance and Operations to: Strengthen margin controls Improve pricing discipline Reduce unprofitable engagement 5. Regulatory, Tax & Compliance Leadership Oversee audits related to: U.S. federal, state, and local payroll taxes Workers’ compensation and unemployment insurance Contractor classification (W-2 vs 1099) Global statutory compliance Lead preparation and response for: Government audits Client audits Third-party and MSP audits 6. Internal Controls & Risk Management Design and monitor internal controls over: Payroll processing Billing approvals Rate changes and exceptions Vendor and offshore payments Identify and mitigate fraud risks, including: Ghost employees Duplicate or unauthorized payments Timecard manipulation Champion continuous improvement in control effectiveness 7. Systems, Data & Technology Audits Oversee audits across: ATS platforms VMS/MSP systems Payroll systems ERP and accounting platforms. Currently we use Quick Books but looking to move to an ERP in the next 1-2 years. Ensure end-to-end data integrity across: Timekeeping → Payroll → Billing → General Ledger Partner with IT and Product teams to improve auditability and automation 8. Stakeholder Communication & Reporting Present audit findings and risk assessments to: Global Finance leadership U.S. operations executives Legal and Compliance teams Deliver clear, actionable executive summaries Track remediation plans and ensure timely closure of audit issues 9. Process Improvement & Advisory Role Act as a strategic advisor on: Scaling global staffing operations Entering new geographies or MSP programs Audit readiness for M&A, investor diligence, or SOX-style controls Drive automation and efficiency across audit and finance processes Key Performance Indicators (KPIs) Payroll and billing accuracy rates Margin variance reduction Audit findings closure rate Revenue leakage identified and recovered Compliance incidents reduced Audit cycle time and efficiency improvements Qualifications & Experience Required Bachelor’s degree in accounting, Finance, or related field. Prefer Chartered Accountants with very strong accounting/audit background. 10–15+ years of experience in: Financial audit Staffing, IT services, or professional services environments Proven experience managing audit teams Strong expertise in: Staffing pay/bill models MSP/VMS billing environments Payroll and labor compliance (U.S. focused) Experience working with U.S.-based stakeholders Preferred CPA, CIA, CFE, or equivalent certification Experience with: Global staffing firms High-volume payroll operations Familiarity with: ASC 606 SOX-style controls Global compliance frameworks Why This Role Is Critical at US Tech Solutions The Director of Financial Audit ensures: Financial integrity in a complex, high-volume staffing business Compliance across multiple geographies and client models Margin protection in a competitive staffing market Audit readiness for clients, regulators, and investors