Position: Head - Internal Audit & Controls

Location: Coimbatore

Reporting to: CFO

Group Coverage: Consolidated Pvt Ltd & Consolidated Techware Pvt Ltd

Role Purpose:

To establish and lead a robust Internal Audit and Internal Financial Controls (IFC) function across the group. The role will drive enterprise-wide risk assessment, process standardization, control design, IT governance reviews, and operational audit effectiveness.

This is a leadership role responsible for moving the organization from transactional audits to a risk-based, control-driven governance framework.

Key Responsibilities

Internal Audit Leadership

- Develop and implement a risk-based annual internal audit plan covering financial, operational, and compliance areas

- Lead end-to-end internal audits across retail, service centers, enterprise operations, supply chain, and corporate functions

- Present audit findings, risk implications, and control gaps to senior management

Internal Financial Controls (IFC) & RCM

- Design and implement the Internal Financial Controls framework

- Prepare and maintain Risk Control Matrices (RCM) for key business processes

- Lead IFC testing, documentation, and remediation tracking

- Ensure readiness for statutory IFC reporting requirements

Process & SOP Governance

- Review and strengthen SOPs across finance, procurement, inventory, sales, service operations, and HR

- Identify control gaps in rapidly scaling processes and recommend automation or preventive controls

- Drive process standardization across group entities

IT Governance & ITGC

- Review IT General Controls (ITGC) including:

User access management

Change management

Backup & recovery

System interfaces and data integrity

- Work with IT and ERP teams to strengthen system-based controls and reduce manual dependencies

Operational & Fraud Risk Audits

- Conduct audits covering:

Inventory controls across retail & service locations

Warranty/service operations

Enterprise service delivery processes

- Identify fraud risk areas and recommend preventive controls

Stakeholder & Governance Role

- Act as a key control partner to Finance, Operations, Supply Chain, and IT teams

- Present periodic audit and control dashboards to CFO and leadership

- Coordinate with statutory and external auditors on control-related matters

What Success Looks Like in This Role

- IFC framework fully documented and implemented

- RCMs created for all key business processes

- ITGC environment assessed and strengthened

- Shift from detective controls to preventive & automated controls

- Leadership visibility on key enterprise risks

Ideal Candidate Profile

A) Qualification CA / CIA / CISA preferred

B) Experience 8-15 years in Internal Audit / Risk / Controls Background Big 4 / Large enterprise internal audit exposure preferred (Org turnover of at least Rs. 2000 CR)

C) Expertise IFC, RCM, SOP design, Risk-based auditing

D) Systems Strong exposure to ERP environments & ITGC reviews

E) Industry Retail / Distribution / Services / Multi-location ops preferred

F) Skills Strong stakeholder management & ability to influence business leaders

G) Team At least 3-5 years of experience as Audit Head