The Internal Audit Manager is responsible for developing and ensuring the implementation of the internal audit plan to assess, report on, and provide recommendations on enhancing Company Retail’s performance. The role holder is also responsible for assisting the Internal Audit function to achieve department objectives by improving internal policies and procedures. The Internal Audit Manager is accountable for managing one or more internal audit project(s) or a portfolio in a risk area.

Internal Audit Management

• Provide Input for the internal audit strategic plan
• Develop a rolling internal audit plan for risk focus area based on a comprehensive assessment of risks, relying where possible on management’s assessment.
• Updating the internal audit plan based on changes to the risk profile and emerging risks
• Build relationships with respective country management/functional leads to stay at the forefront of changes to the business and to promote the value of internal audit
• Maintain a high level of strategic foresight by identifying audit client and business needs and recommending internal audit plan changes accordingly
• Manage the execution and quality assurance relating to the audit portfolio and/or risk focus area
• Encourage and lead innovation and improvements to the internal audit department initiatives, advisory projects, and its processes
• Submit and support the development of periodic progress reports to internal stakeholders as per the  set timeframe
• Ensure adequate communication and coordination with applicable 2nd line functions and other assurance providers
• Facilitate workshops with management to identify appropriate solutions for recurring or thematic audit issues and communicate key metrics relating to audit portfolio and/or risk focus area
• Monitor and manage the work of any external service providers assigned to the audit portfolio

Internal Audit Delivery

• Ensure that the internal audit team schedules audit engagements, addresses any client concerns, and manage the team to ensure that work is conducted in accordance with methodology and budgets
• Socialize and discuss audit objectives, risks and scope with the audit client and take into considerations any issues or risks out of tolerance that the audit client has already identified
• Conduct preliminary discussion of observation with audit clients to discuss audit objectives, risks and scope, and agree on appropriate action plans

Monitoring Progress

• Monitor and manage the follow up of status of outstanding management action plans

Policies and Procedures

• Ensure compliance with corporate policies and departmental policies and procedures
• Comply with the Institute of Internal Auditor's Code of Ethics
• Provide input on the effectiveness of current policies and procedures

Human Capital Responsibilities

• Assist in implementation of the performance management process by setting objectives, monitoring performance, and provide constructive feedback and provide inputs to senior management
• Provide mentorship for the purpose of developing a continuous talent pipeline for key roles
• Provide inputs on training needs and coordinate with the HC department to ensure facilitation of training requirements
• Authorize expenses and travel in line with delegated authority

Education- CA with 7+ Years of experience (3+ Years of experience in Retail preferred)

Location- Gurgaon