Associate Director – Audit & Quality Assurance | Fintech | Governance | PayU
Location: Gurgaon, India
Experience Level: 12+ Years
Function: Internal Audit | Quality Assurance | Risk & Compliance
Industry: Fintech | Digital Payments | Financial Services
Company: PayU (a Prosus Group Company)
Job Type: Full-Time | Leadership Role
About the Team
This role is a strategic part of PayU’s third line of defense within the Internal Audit department, working in close collaboration with Audit Track Leaders and reporting directly to the Head of Internal Audit (HoIA). You will be instrumental in strengthening the assurance and governance framework across PayU India’s fast-paced fintech ecosystem.
About the Role
As Associate Director – Audit & Quality Assurance, you will lead the design, implementation, and continuous enhancement of PayU’s audit quality assurance program. You will ensure alignment with global internal audit standards, enforce internal control rigor, and improve audit effectiveness. This role combines deep subject matter expertise with a strategic mindset to help deliver high-quality internal and concurrent audit outcomes.
Key Responsibilities
Design and execute a robust Audit Quality Assurance (QA) Framework, aligned with regulatory and international audit standards.
Conduct regular QA reviews of audit plans, workpapers, fieldwork, and reporting deliverables.
Ensure audits are conducted with consistency, objectivity, and technical accuracy.
Provide QA feedback to audit staff and external audit partners; drive audit excellence across co-sourced engagements.
Collaborate with audit track leaders and internal stakeholders to promote continuous improvement.
Develop and monitor KPIs to measure QA effectiveness and track remediation actions.
Assist in preparation for External Quality Assessments (EQA) and other third-party evaluations.
Support the HoIA in building audit dashboards, presentations, and executive reporting for the Board Audit Committee.
Recommend and oversee implementation of S.M.A.R.T (Specific, Measurable, Achievable, Relevant, Time-bound) solutions to optimize audit procedures.
Mentor junior auditors on quality-first culture, audit tools, and best practices.
Requirements:
Bachelor's degree in Accounting, Finance, or a related field.
Minimum 12 years of experience in audit quality assurance or a related field, preferably in the financial services or fintech industry.
Strong understanding of accounting principles, auditing standards, and internal control frameworks.
Proven ability to lead quality assurance programs.
Strong understanding of controls and risk assessment.
Excellent written and verbal communication skills.
Strong attention to detail and a commitment to quality.
Strong analytical and problem-solving skills.
Proficiency in using audit tools and software.
Experience in the fintech industry (preferred).
Certified Internal Auditor (CIA) or equivalent designation (preferred).
