URGENTLY Looking for a Head- Internal Audit (CA only) preferably who has worked in one of the Big 4/ Consumer Durable/ Product based company for a reputed Consumer Durables Company based out of Delhi.

- The role would be Responsible for developing, maintaining, and overseeing a risk-based audit and internal controls program built on best practices.

- The role will constantly monitor the Financial, Non-financial, Process and other enterprise risks and ensure that proper frameworks as well as safeguards are in place to mitigate any risk to the organization.

- The role will support the leadership for the following:

1. Provide leadership for a strong internal control, risk management, and operational control environment throughout the organization.

2. In collaboration with the Finance and Audit teams, ensure a strong financial control environment that limits risks while enhancing proper checks and balances among processes and units.

3. Assess the overall internal control environment and provide recommendations for improvements to functional supervisors/managers.

4. Partner with the Strategy, Policy and Compliance Teams to raise awareness and provide timely communications to the organization regarding Company's compliance and audit program and ways to mitigate risk.

5. Supervise the projects, audits, and daily work of the internal audit team.

6. Partner with the CFO for Finance and the Control functions to assess financial risk associated with all audits.

7. Strategically develop and implement an annual audit plan that balances high risk internal control areas with other functional teams.

8. Make recommendations to resolve concerns associated with financial and operational controls throughout the organization as well as to achieve efficiencies based on best practices.

9. Monitor the performances of all the process Business or Non-Business and identify the leakages in terms of Revenues, Profitability as well compliances to ensure a risk free ecosystem for the Organization.

Internal and Process Controls

1. Monitor adherence to various regulatory, legal and company prescribed procedures and internal controls by conducting audit and reviews of Manufacturing Plants, Regional Profit Centres, Sales offices, Warehouses, and Corporate office departments

2. Business partnering with the stake holders to ensure systems in place that provides realistic guarantee about the identification and evaluation of all major risks

3. Facilitate the development and validation of financial spends & budgets (from risk assessment point of view) and validate the various financial plans, Pricings, business cases, feasibility studies, investment proposals as well as other cost related documents that may be required from time to time.

a. Coordinate and implement, under the direction of the Board and Audit Committee, the instructions and planning worksheets for validating Risk Assessment of the annual budget.

b. Provide risk assessment advisory to business unit managers, department heads and operations to develop risk exposure assessment for the financial year.

4. Work with various Business Heads, Department Heads, and teams down the line on a regular basis and review the status of major processes being adhered for various line items.

5. Ensure that internal controls are adequate to safeguard assets and proprietary information and short term / long term cost incurs are properly documented.

6. Development and Planning of Annual Audit Plan, defining the scope of the Audit Plan and roll out of the Internal Financial Control Framework.

7. Review with rigor on processes relating to determining Investment Returns and financial productivity (margins, profits, costs, expenses, etc) and ensure proper tracking / information mechanisms are in place to keep the senior leadership informed.

Risk Management

1. Proactively inform the CEO & CFO regarding any irregularity, lack of compliance, lack of adherence, lacunas and problems whether actual or potential concerning the financial and operating plans, accounting, audits, budgets and any other matter of a financial nature or which could or does have a financial implication.

2. Ensure all key organizational risks related to the Process Controls are identified, assessed in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress.

3. Recommend and review appropriate 'Risk response strategy' for specific risks identified and analysed.

Major Challenge

1. Achievement of an Internal Risk Framework, helping identify the various standalone and cross functional risks that may present to organization internally and externally.

2. Dynamic nature of industry wherein the macro economic factors change and can have a larger impact on the Profitability or Business Operations

Key skills and competencies:

1. Exposure to Global Financial control process and updates in Risk Assessment and industry best practices and guidelines.

2. Strategic Thinking & Customer Focus

3. Execution Excellence with Drive and Passion

4. Strong team-orientation and distinctive people skills

5. Professional attitude and work standards

6. Analytical mind-set with excellent problem-solving skills

7. Eye for details

8. Analytical and excel skills

Past Experience:

- 15 years+ working experience in managing Internal Audit, Risk and Compliances for a Sales as well as Manufacturing organization.

- Preferably who has worked in one of the Big 4.

- Maturity to handle / interact with Senior Leadership / Board

- Sound Knowledge of Process Controls and Risk Assessment.

- Ability to work in IT enabled - SAP environment

Location- Gurgaon

Experience- min 15 Years

CTC- Upto 1.5 Cr PA

Interested Candidates can WhatsApp on 9818404349

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