Senior Process Lead - Post Payment Audit
McKinsey & Company · Chennai, India · 3d ago
Staff / Lead / PrincipalOn-siteAccounting & Audit
Who you'll work with
You are someone who thrives in a high-performance environment, bringing a growth mindset and entrepreneurial spirit to tackle meaningful challenges that have a real impact.
In return for your drive, determination, and curiosity, we’ll provide the resources, mentorship, and opportunities to help you quickly broaden your expertise, grow into a well-rounded professional, and contribute to work that truly makes a difference.
When you join us, you will have:
- Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
- A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
- Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
- Exceptional benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.
What you'll do
You will work with a team of expense auditors and investigators on finance-related issues and perform/lead audits on firm billed transactions of individuals whose name figures in the risk scoring model.
You will scrutinize supporting documentation like receipts and mails, analyze reports from expense reporting tools and vendors, and perform research on the internet to validate the business reason of certain expenses. You will seek clarifications from colleagues on expenses and be responsible for assessing the adherence to different office policies.
You will Identify trends/patterns of questionable expenses, validate new enhancements in expense reporting tools, liaise with partner teams on new rollouts of vendor services in different cities, and stabilize the process. Ensure audit deliverables for the team are completed on the agreed timelines. Highlight any process issues and come with the proposed solution on mitigating the same. Work collaboratively with partnering teams on any data quality issues, validating fixes and following up diligently to ensure issues are resolved.
Upon completion of audits, you will compile all the findings, write audit reports to Senior Leadership, office Finance and may also provide supporting evidence of the findings if needed to Human Resources, Legal, and Professional Standards Committee outlining the issue. Finally, you will suggest additional algorithms whenever required in the risk scoring model to enhance the audit efficiency.
Your background
- Graduate in Accounting/Auditing/Finance, or related discipline
- 7+ years of experience in a shared service environment or audit firm
- Knowledge on Fraud & Investigation will be an added advantage (CFE preferred)
- Guide peer members and mentor them in their daily audits by tracking progress at work.
- Sound understanding of audit theories, principles, and practices
- Use logic to analyze new audit scenarios and document procedures
- Deal with ambiguity comfortably and have sound audit judgmental abilities
- Establish new controls in the process and streamline any manual efforts
- Contribute towards process improvement and automation (Basic knowledge of data analytics will be an added advantage)