Job Responsibilities

1) Audit Universe and Annual Audit Scope completeness as per RBAP (Risk Based Audit Plan) -Continuous monitoring of Audit Universe, Scope and their alignment to Business and Audit Strategy.

2) Process reviews (P2P, O2C, R2R, H2R Accounts Payable) -Coordinate and follow up with outsourced audit partners and business process owners for qualitative & timely conclusion of audits.

3) Internal Financial Control Testing (IFC)

• Ensure creation and timely updation of RCMs for Shared service center(SSC) processes and obtain their sign off from relevant stakeholders

• Ensure annual testing (at least) of IFC framework

• Ensure all documentation and test scripts are maintained and the results thereof are shared with statutory auditors

4) Audit Reports & Compliance Status Monitoring

• Issue audit reports as per timelines fixed and upload them in a shared folder with appropriate access to Audit team members across Group.

• Define responsibilities and timelines to management personnel for CAPA.

• Follow up on statutory auditors, cost auditors and secretarial auditors review reports to update audit universe, audit scope and/or closure of audit observations.

5) Organize coordination meeting between outsourced audit partners and business process owners for speedy resolution of audit issues - Ongoing coordination and resolution of issues between auditors and process owners

6) Follow up of pending audit observations - Monthly follow up on pending audit observations with respective business owners for resolution

7) Data Analytics & Reporting - Usage of SAP and IDEA data analytical tool for data mining on “AMPLE” basis and NOT on “SAMPLE” basis

8) Preparation of monthly MIS and AC presentations - Preparation and circulation of reports, MIS, Presentations & AOP

9) Support HOD in discharging responsibilities / assignments-  Provide support in completion of assignments being driven at Group Level as and when required

10) Talent Retention, Career & Succession Planning

• Mentorship, induction, training, and progression of junior team resources

• Coordination for scheduling of knowledge sharing sessions with outsourced firms and inhouse team members

11) Team Efficiency and Effectiveness

• Open ATR items in High and Medium Risks < 10%.

• Rank best performing entity and / or process for internal competition, rewards & recognition

• Obtain Annual Online Feedback on outsourced firms / Audit team

• CAPA on Outsourced Audit Firms post assessment

• Ensure compliance to Audit Manual

• Aim for NIL OFIs during BE Assessment

EDUCATION QUALIFICATIONS

- Qualified CA 

RELEVANT EXPERIENCE

• 7-13 years of post-qualification experience in handling Internal Audit, Assurance, Risk Management, Finance & Accounts function. Out of which 7 years or more should be in Internal Audit / Assurance / Risk Management in medium to large size organizations.

• Working knowledge of MS Office (Word, Excel, Power Point), SAP, IDEA (Data Analytic Tool) is desired.

• Persons having experience of SSC operations / audits shall be preferred.