Manager - Internal Audit - CA (6-12 yrs)

JOB PURPOSE

- Provide the business with an independent and objective assurance on the adequacy and effectiveness of operational systems and controls and its conformance with statutory and corporate governance norms.

- To facilitate development of processes and to identify and minimise operating risks and revenue leakages, ensure statutory compliance, safeguard against frauds and assist the management in maximising operational efficiency and revenues. Namely Financial, assurance, systems, and control reviews.

- Get internal audit/Assurance reviews completed as per Audit Plan-as approved by audit Committee of Board

ACCOUNTABILITIES & RESPONSIBILITIES

ACCOUNTABILITIES ACTIVITIES

- Oversee and monitor audit - Develop a structured audit scope document for each process and sub process that covers operations, financial, revenue, statutory aspects across businesses, locations, assets and documents

- Develop risk based audit plan.

- Execute audit based on audit scope and programme

- Make draft audit report and discussion of report with management.

- Adherence and compliance to Audit process and guidelines etc.

- Prepare a final report after finalization and discussion with management on action plan

- Make presentation for Audit Committee

- Monitor internal and management audit proceedings, findings and corrective action planned to address non-compliances

- Interact with management on action plan for reported audit findings.

- Identify business risks and or operational inefficiencies - Identify critical business, financial/commercial and accounting processes for audit

- Develop reporting formats/MIS formats that lead to efficient data capture and meaningful analysis - Develop periodic self-assessment and reporting mechanisms for the business in different established forums like MAC- Management audit Committee.

- Evaluate and follow-up on the implementation of the corrective actions and value added recommendations - Suggestions for cost reduction/revenue optimisation, process improvements, system modifications.

- Advisory support to business heads in implementing these inputs and develop maintenance systems.

- Follow and track implementation.

KEY DECISIONS:

Recommendations to superior:

- Incumbent takes decisions on operational aspect of the audit programme to be exercised.

- Role for developing effective operating systems

- Role to support and exploit synergies and maximise value from audit deliveries

- Lead automation and IT audits in order to have pro-active audit intervention etc.

SKILLS & KNOWLEDGE

Educational Qualifications & Certifications:

- Chartered Accountant with CIA and diploma etc. in IT skill will be preferable)

Relevant (Functional/Level) & Total Years of Experience:

- 6+ years of experience as Senior Internal Auditor/Team Leader-Internal Auditor with IT focus and have worked in organisations with diverse business interests and exposure (experience in power will be added advantage)Adequate experience required in remote/online audit execution.