Global Lead - SOX

- Review SOX requirements [namely Risk & Control Matrix (RCM) and Process Flow Diagrams (PFD)] revision process In order to assist BU controllers in maintaining the SOX documentation to reflect current business process.

- Review workings on yearly management testing plan; identify units / process having potential financial risks based on past performance; consider future business strategy; seek inputs from key managerial personnel In order to identify Units / process to be covered under SOX testing plan for the year

- Review the testing plan and scope; schedule resources for assignment execution [in-house, consultants]; monitor progress of the assignments In order to ensure assignments are executed on timely basis

- Interact with SOX coordinators and process owners for implementation of agreed upon action plans and recommendations and assist CIA & Head of SOX to compile status for communicating to Senior Management on a periodic basis In order to ensure timely implementation of action plans and recommendations

- Review / Co-ordinate with IT team and Consultants / external auditors over controls testing for general and application of IT systems in place. Also ensure inhouse expertise development for IT testing. Resolve unremediated observations in discussion with IT team.

- Identify business units / subsidiaries that require SOX compliance as per threshold specified by Audit Committee.

- Identify business units / processes / Indian subsidiaries that require compliance over IFC requirements of Companies Act, and frame / revise Internal controls that include ICOFR (already covered in SOX) as well as operational controls.

- Involve in discussions with management and suggest / review areas within BU (Special & AFR) that need to be added under scope for the year, and help CIA incorporate the same in final Audit plan IN ORDER TO arrive at an Audit Plan which has a comprehensive coverage and develop an assurance that internal controls are robust

- Planning, Scope & Reporting of Special Audits & Anti fraud reviews as per plan & Management inputs