Head - Internal Audit - Manufacturing Industry - CA

Head - Internal Audit

Job Purpose :

To lead and drive the Risk Management relating to various operations of the Company, viz:

- Internal Audits across Plants & Sales offices & Depots

- Cost Reduction

- Investigations

- Vendor Audits

- Background Checks

- Special Assignments

Key Deliverables :

- Planning and advising on the Risk management related to all functions and devising control mechanism to mitigate risk

- Internal Audit and Reporting for Plant & Sales Office locations and centralised processes at Head Office including follow up of earlier internal audits

- Reviewing the audits conducted relating to various operations of the Company across various locations. Advise the Internal Audit team for conducting, reviewing in-depth data analysis in any specific audit area & taking corrective actions on the same.

- Reviewing relevant financial and business documents and Provide risk mitigation action plan to the management

- Understand business processes review SOPs for various processes across functions, ensure their implementation and continuous monitoring for adherence.

- Carry out thorough analysis in selected areas to ensure cost reduction - Across Plants, and Sales offices and Head Office & drive the cost leadership portfolio

- Review of accounting & commercial controls to bring improvements therein

- Navigate SAP to extract, analyse data and draw conclusions

- Conduct training programs at appropriate levels to create awareness of internal audit and risk

- Interacting with the Internal auditor and get relevant input from their audit

- Review detailed SAP analysis to identify potential areas for cost optimization/cost reduction, to drive SAP utilization and efficient data acquisition through IT at optimum level to meet specific audit objectives, System Development projects e.g.: drive SAP implementation

Other Job Responsibilities :

- Review the current MIS and available data to build upon and create a more robust and effective MIS, to enable the flow of required data for Management

- Preparation of high-level Presentations for Senior Management

- Active involvement in budgeting exercise and related MIS

- Assist in carrying out special assignments as per the directives of the management

Qualifications and Experience :

- Preferably a Chartered Accountant

- 18+ years of work experience in a large audit/risk consultancy firm or manufacturing industry.

- The job will require travelling to various plants/sales offices/depots of the Company and also related third parties.

Required Skills & Competencies :

- Require a broad controls/ audit experience and knowledge of auditing and accounting practices used.

- SAP navigation skills, ability to compile, verify and analyse financial records and other documents.

- Monitor the efficiency of business procedures and management.

- Ability to understand the business process and carry out the process documentation in an analytical and meticulous manner.

- Ability to manage multiple assignments with diligent prioritizing.

- Accounts and audit skills.