Swiggy | Director

Role: Director - Business Advisory & Assurance

Role Location: Bangalore

Way of working: Hybrid

About Swiggy

Swiggy is India’s leading on-demand delivery platform with a tech-first approach to logistics and a solution-first approach to consumer demands. With a presence in 500+ cities across India, partnerships with hundreds of thousands of restaurants, an employee base of over 5000, a 2 lakh+ strong independent fleet of Delivery Executives, we deliver unparalleled convenience driven by continuous innovation. Built on the back of robust ML technology and fuelled by terabytes of data processed every day, Swiggy offers a fast, seamless and reliable delivery experience for millions of customers across India.

From starting out as a hyperlocal food delivery service in 2014, to becoming a logistics hub of excellence today, our capabilities result not only in lightning-fast delivery for customers, but also in a productive and fulfilling experience for our employees. With Swiggy’s New Supply and the recent launches of Swiggy Instamart, Swiggy Genie and Health Hub, we are consistently making waves in the market, while continually growing the opportunities we offer our People.

Assurance & Business Advisory :

• As part of the Assurance framework , provide independent assurance on the design and operating effectiveness of the organization's business processes, internal controls and risk management procedures.
• Implement new age technologies and systems within the Organization to drive higher accountability and control assurance and within the function to enhance productivity and efficiency.
• Initiate a journey with the management, of bringing a preventive rather than an only detective/reactive approach in effective risk management and control.
• Partner with Business on specific areas to drive improvements like cost optimization, efficiency , automation etc.

Reporting - To the VP Assurance & Bus Advisory of Swiggy

Roles and Responsibilities :

• Ideally, they should have a blended background which may include management, Audit, Risk, Compliance and other roles, as we are seeking more of a “biz-tech” leader vs a typical Audit leader. This means they need to have had experience with a broad range of topics/challenges and not a single business.
• Develops and executes an annual internal audit plan using appropriate risk-based methodology, including any risk or control concerns identified by management or the Audit Committee, and submits that plan including the resource requirements for the year to the Vice President - Internal Audit for review and recommendation to the Audit Committee for approval.
• Evaluates and assesses significant new or changing services, processes, operations and control processes during their development and/or implementation.
• Leads the development of the initial Audit Plan. Responsible for audit prioritization and resource allocation throughout the year. Ensures audit priority, scope, and issue ranking decisions are risk-based and support Swiggy's strategic objectives.
• Oversees the execution of the audit plan for assigned businesses, ensuring scope and schedule are established for projects. Oversees resource allocation for the department and acts based on changing priorities. Directs assigned teams through risk and control identification, and development of audit testing procedures. Independently reviews the work of others and concludes on the effectiveness and ranking of audit issues. Has a thorough understanding of project management skills ensuring audits meet department and industry quality expectations and milestone dates.
• Anticipates and manages process changes and related impacts on the Audit process and audit plan. Sets direction based on alignment to enterprise objectives and direction. Drives and implements change and continuous improvement within Audit.
• Manages a team of professional direct reports. Determines performance evaluations and strategic hiring needs for the Audit team.
• Monitors changes in audit practices, regulatory requirements, and risk frameworks to understand their impact to internal auditing and Swiggy. (e.g. COSO). Proposes audit updates based on these changes.
• Reports significant issues related to the processes for controlling the activities including potential improvements to those processes.
• Builds and maintains relationships with leaders across the Organization to understand issues and identify areas for improvement for the organization as a whole and assist in carrying out recommendations.
• Conducts research on audit related topics including ERM, Data Analytics & to ensure best practices are followed.
• Performs all responsibilities without impairing the independence of the internal audit function and providing independent and objective assurance reports to the Vice President- Internal Audit for presentation to the Audit Committee.

Desired Skills :

• CA and CISA,CIA – Desirable
• More than 12 years' experience in broad based accounting, auditing and business experience through the public or industry sector.
• Significant experience in senior Internal Audit roles, Preferred listed company and regulatory experience.
• More than 5 years of management experience (leadership of managing a team of professional auditors)
• Preferred listed company and regulatory experience.
• Large company systems exposure; and Cybersecurity & Data Analytics audit experience is highly preferred.
• Understanding of regulatory, accounting, and financial industry best practices relevant to the business, including technology and data implications
• Experience with technology control testing including interface inputs, reports, application security, business continuity and third parties
• Background in information systems, data analytics or information technology would be a plus
• Strong written and verbal communication skills that deliver quality, actionable and beneficial feedback to management on potential issues and solutions to close gaps
• Knowledge and experience in the application of control theory and professional auditing practices including the audit lifecycle
• Ability to effectively integrate business, operational, technological, data, and financial components in audit work
• Proven ability to lead and mana