Manager/Assistant Manager - Internal Audit - FMCG

Position Summary:

- Carrying out internal reviews / audit plan with focus on cost efficiencies and adherence to company policies and procedures.

- Execution and reporting of IA findings

- Follow up on implementation of post audit actions

- To carry out stock Audits of all depots

Key Activities:

- Develop annual audit plan with focus on cost and adherence to company policies and procedures.

- Break up the annual plan into quarterly targets for audits.

- Schedule visits to branches/ plants/ depots / 3rd party operations for audits based on the quarterly audit plan.

- Conduct pre audit data assimilation defining the purpose of audit, scope of coverage and procuring data for audit through SAP.

- Prepare checklists for carrying out the reviews.

- Carrying review audit on the basis of onsite checking of documents.

- Follow up (Factory/Depots) for all the above mentioned reviewed areas to ensure the implementation of the suggestions given in the Audit Report.

- Review minimum 10-12 Depot including External Warehouse once in a year for better and effective controls. To alarm for liquidation of stock if nearing expiry.

- Highlight areas of follow up action, cost reduction and efficiency gaps.

- Follow up on implementation of post audit actions

- Review process and control of all Factories and report on the adequacy of Internal Controls as a contribution to the proper and effective utilization of Company Resources.

- Visit all the branches, third party manufacturing locations, packers, godowns etc. to review and report on the adequacy of Internal Controls as a contribution to the proper and effective use of Company Resources.

- Carry out special audit reviews and field exercises as directed by Company Management.

- To carry out the pre-audit of Capex Projects right from initial stages.

- To be a resource also for IA reviews of Company BD and Company SL.

- Identify areas of efficiency improvement/ cost reduction

- Share best practices from external sources

- Discuss the key findings of the reviewed area with HOD and release the draft of Internal Audit report.

- Ensure timely MIS Reporting for own functional area

- Conduct audits in specific areas as agreed with the management

Behavioral Competencies: (Human characteristics that predict superior job performance e.g. initiative, leadership skills etc.)

- Inter Personal Skills.

- Communication Skills.

- Service Focus

- Resistance to stress

- Analytical skills

Education, Experience and Skills:

Education/Experience:

- Post Graduate Fin/CA/ICWA - with minimum of 7-9 years with at least 4 years experience in internal audit function

- Knowledge of basic accounting in operations.