Gujarat Tea Processors & Packers - Senior General Manager/Associate Vice President/Head - Internal Audit - CA

Head - Internal Audit

Job Purpose :

Head - Internal Audit (Sr.GM/AVP) is responsible to carry out audits, risk management through all phases of the audit process from planning, audit fieldwork, developing recommendations and following up on these to ensure timely implementation.

Reports to: Executive Director (Part of Family Board)

Principal Accountabilities:

- Develop and implement a comprehensive internal audit plan including scope of the external internal auditors

- Scoping of in-house internal audit to cover areas not covered by the external internal auditors and also based on key risks identified in the business & inputs from the management

- Develop annual audit plans along with an audit program with frequency & timeline across all locations & business verticals

- Co-ordinating with external internal auditors and the user departments for the data and facilitating meetings between auditors & auditees

- Reviewing the reports of external auditors & discussing the audit findings with process owners and aligning to corrective & preventive action plan against observations

- Tracking open audit issues for effective implementation on due date agreed with process owners

- Timely closure of reviews/audits planned during the year

- Develop and maintain relationships with key stakeholders, including senior management and external auditors

- Review & monitor the adherence to the compliance of all applicable laws, regulations, and corporate policies

- Update changes in regulations in compliance tool and communicate the key changes to relevant stakeholders

- Manage a team of internal auditors, including performance evaluations, training, and development

- Overall supervision of planned annual audits

- Collaborate with cross-functional teams to develop comprehensive SOPs for various departments and processes within the company.

- Ensure that SOPs are aligned with industry's best practices, regulatory requirements, and company policies.

- Monitor compliance with the Authority Matrix and provide guidance to management for corrective actions.

- Conduct risk assessments to identify and evaluate potential risks across the organization.

- Develop risk management strategies and recommend controls to mitigate identified risks

- Ensure audits are conducted for compliance of food safety regulations, including handling, preparation, storage, and hygiene practices.

Skills & Knowledge :

- Education: CA

Experience:

- 10+ years of experience with Big 4.

- Strong understanding of risk management, internal controls, and audit methodologies.

Key Capabilities :

- Excellent analytical and problem-solving skills with attention to detail and accuracy.

- Strong communication and interpersonal skills with the ability to build strong relationships with stakeholders.

- Excellent leadership and management skills with experience leading teams.

- Ability to work independently and manage multiple priorities in a fast-paced environment.