About Company

The company is a global food-service brand with a large international presence, operating thousands of locations across over 100 countries. It provides quick, convenient meal options and focuses on delivering a consistent experience while allowing flexibility to meet local preferences.

Job Description

Key Responsibilities:-

1. Internal Audit Function Ownership (Group Level)

- To Independently manage and drive the Internal Audit function across the group.

- To develop and execute a comprehensive risk-based annual audit plan covering stores and corporate functions.

- To ensure audit coverage aligns with business expansion, risk exposure, and regulatory requirements.

- To institutionalize governance frameworks suitable for a listed entity environment.

- To ensure independence, objectivity, and high-quality audit documentation standards.

2. Coordination with Internal Audit Firms / Big 4

To Independently work closely with appointed Internal Audit Firms / Big 4 advisors on:

- Store operational audits

- Functional audits

- IFC/ICFR testing

- To review and challenge audit scope, testing methodology, and observations to ensure depth and relevance.

- To ensure timely closure of audit findings through structured follow-ups with business stakeholders.

- To act as managements central coordination point for all internal audit engagements.

- To validate the quality of audit reports before submission to senior leadership and the Audit Committee.

3. Store & Franchise Audit Leadership

- To independently design and implement a risk-based annual internal audit plan covering COCO and FOFO store formats.

To independently ensure comprehensive coverage of:

- Revenue assurance

- Cash handling & bank deposit controls

- COGS & Inventory management & shrinkage control

- Vendor payments & procurement compliance

- Guest experience & operational SOP adherence

- Food safety, quality compliance & statutory regulations

- To leverage data analytics and POS reports to identify anomalies, revenue leakages, discount misuse, void patterns, and refund irregularities.

- To establish strong follow-up mechanisms to ensure time-bound closure of audit observations.

- To escalate high-risk findings to senior management with clear mitigation plans.

4. Functional & Corporate Audits

- To Independently lead end-to-end internal audits across corporate functions including Finance, HR, Operations, SCM, Procurement, Projects, BD, Marketing, IT, etc.

- To evaluate design and operating effectiveness of controls across financial and operational processes.

- To develop and continuously update Risk Control Matrices (RCMs) aligned with IFC / ICFR requirements.

- To strengthen policies, SOPs, delegation matrices, and process documentation.

- To conduct surprise audits and thematic reviews based on emerging risk areas.

5. Special Projects Risk Assessment & Advisory

- To identify financial, operational, compliance, and reputational risks in new initiatives.

- To provide pre-implementation risk advisory to management to mitigate potential exposure.

- To review capital projects and large contracts from governance and internal control perspective

6. IPO Readiness & Audit Committee Governance

- To Independently build and institutionalize IPO-grade internal controls and governance structures.

- To Independently ensure alignment with SEBI (LODR) and listed entity internal audit requirements.

- To Independently prepare structured quarterly Internal Audit reports for Audit Committee and Board review.

- To lead quarterly Internal Audit presentations before Audit Committee members post-listing.

- To track closure of Audit Committee action points and ensure accountability across departments.

- To maintain formal documentation and compliance trail for governance reviews.

7. IFC / ICFR & SOX-Style Framework

- To oversee and ensure regular testing and documentation of IFC / ICFR controls.

- To Identify control deficiencies and ensure timely remediation.

- To Coordinate with statutory auditors for annual IFC reporting.

- To Continuously strengthen financial reporting controls in line with listed company standards.

8. Enterprise Risk Management (ERM)

- To develop and maintain enterprise risk registers and heat maps.

- To ensure periodically update leadership and Board on evolving risks around ERP

- To integrate ERM with internal audit planning process.

9. Risk Assurance & Value Creation

- To recommend automation, process optimization, and control enhancements.

- To present concise, high-impact audit reports to senior leadership.

- To act as a trusted governance advisor to Senior finance team & executive management.

Ideal Candidate

Qualification

- Chartered Accountant (CA) Mandatory

Experience

- 68 years in Internal Audit / Risk / Controls / Big 4 Assurance

- Strong exposure to multi-location QSR / Retail / FMCG operations

- Experience in working closely with Big 4 / external internal audit firms

- Exposure to IPO readiness or listed company governance preferred

- Hands-on experience in IFC / ICFR / SOX-style frameworks

- Strong understanding of Ind AS and statutory audit interface

Key Competencies

- Strong Board-facing maturity and presentation skills

- Ability to independently lead governance conversations

- Strong analytical and data-driven mindset

- High integrity and professional skepticism

- Capability to manage scale and complexity across 1,000+ stores