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Zepto | Associate Director

1 month ago

india Zepto Full time

Job Title: Associate Director – Internal Audit

Location: Bangalore

Experience Required: 8-10 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 Café 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 8 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 careers@zeptonow.com