Lead - hr audit

3 days ago

Mumbai, India Kotak Mahindra Bank Full time

Key Responsibilities: - Audit Planning and Execution: - Lead the development and execution of comprehensive HR audit plans. - Conduct audits related to recruitment, employee relations, payroll, benefits, compliance, and other HR processes. - Ensure that audits are conducted in line with company policies and regulatory requirements. - Compliance & Risk Management: - Ensure compliance with local, state, and federal employment laws and regulations. - Identify potential risks within HR operations and recommend solutions. - Evaluate and improve internal controls to mitigate risks and ensure regulatory compliance. - Stay updated on new laws, regulations, and industry best practices. - Data Analysis and Reporting: - Analyze HR data and audit findings to identify trends, root causes, and areas for improvement. - Provide detailed reports with actionable insights to senior management and HR teams. - Present audit findings, risks, and recommendations to the board and executive leadership team. - Process Improvement: - Collaborate with HR teams to enhance HR processes based on audit results. - Identify and recommend best practices for HR processes to improve efficiency, accuracy, and compliance. - Implement process improvements and track their impact over time. - Training & Development: - Provide training and guidance to HR staff on compliance, audit processes, and best practices. - Develop training materials to ensure HR staff are aware of regulatory requirements and internal controls. - Collaboration and Stakeholder Engagement: - Partner with HR teams, legal, finance, and other departments to ensure comprehensive audits. - Act as the primary liaison between HR and internal/external auditors. Qualifications: - Bachelor’s degree in Human Resources, Business Administration, or related field (Master’s preferred). - Certification in HR auditing is a plus. - 10+ years of experience in HR auditing, HR compliance, or related roles. - Strong knowledge of employment laws and HR best practices. - Knowledge of HR processes in required along with system understanding. - Good in analytics. Preferably able to do data modeling. - Able to come up with insights. - Excellent analytical, problem-solving and organizational skills. - Strong communication skills both written and verbal. - High attention to detail and the ability to manage multiple projects. Key Competencies: - Analytical Thinking: Ability to analyze complex data and audit results to drive improvements. - Risk Awareness: Strong understanding of HR risks and how to mitigate them. - Leadership: Ability to lead and mentor HR teams during audit processes. - Attention to Detail: Meticulous in identifying discrepancies or non-compliance issues. - Communication: Strong presentation and reporting skills to articulate audit findings and recommendations effectively.

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