Chief Manager - Internal Audit - Pharma

We are having an urgent opening for Chief Manager - Internal Audit role with a reputed PHARMA Company for Mumbai location.

JOB OVERVIEW: The incumbent will provide to the management an independent and objective assurance as to whether design, quality and operational effectiveness of internal controls, risk management and governance related systems and processes is adequate. The incumbent will also be responsible for steering the level of internal controls & automation thereof, across the organization to target levels

Individual Contributor role. Will be handling the CA firms that performs direct audit for the business

EXPERIENCE:

- Sound & hands-on experience in control, governance and compliance

- Experience in using digital tools to automate controls, internal control reports, data analytics etc.

KEY ROLES/RESPONSIBILITIES:

- Drive the full audit cycle including assessment of risk management and control for operations effectiveness, financial reliability and compliance with all applicable directives and regulations

- Prepare risk based internal audit plan for India & overseas subsidiaries. Identify audit universe, risk analysis based on risk parameters, determining frequencies and rolling out audit plan in Audit Committee Meeting along with the Internal auditors of the company

- Review effectiveness of internal controls and processes for all subsidiaries. Implement SOPs & best practices across subsidiaries to drive higher level of maturity in controls

- Review Audit report prepared by the Internal Auditors, suggest gaps/recommendations to key stakeholders & management and ensure timely report closure

- Review & finalize audit committee presentation along with Internal auditors of the company, present to the management and audit committee along with Internal auditors of the company on key findings on periodic basis

- Interact with relevant stakeholders across India locations and overseas subsidiaries for implementation and closure of Internal Audit points - Work closely with relevant stakeholders to drive process improvement to mitigate operational and financial risks

- Lead development and implementation of IFC Framework as required under Companies Act, 2013. Oversee the Internal Financial Control audit conducted by outsourced partners - Implement Fraud Risk Assessment.

- Assess the Implementation of risk register and process of periodic refresh to the risk register and process of updates to the Risk committee.

- Responsible to ensure Delegation of Authority and SOP for all functions are in place & drive awareness