Posted By
Posted in
Banking & Finance
Job Code
1281224
Internal Control & Assurance - Head - with a leading supply chain management company.
Job Description:
- Internal Controls and Assurance
- Define and execute Process Assurance & Control Framework
- Conduct periodic process assessment & audits
- Drive RCA, CAPA closure and achieve improvement in assessment scores
- Management reporting and process assurance dashboard
- Prevent lag detection of failures
- Drive improvement projects with timely delivery of expected results
Build Process Assurance & Control Framework :
- Define Assurance Framework in alignment to requirements from Customers, Regulator and Business
- Assessment calendar ensuring comprehensive scope spanning across Operations, Sales and Support Processes
- Design robust assessment grid basis Input - Output metrics, Controls, Business rules, CrossFunctional linkages etc.
- Collaborate with Risk & Audit function to build robustness in the process & ensure regular review with the functions
- Identify process improvement areas from FMEA, VA / NVA analysis on the process
- Automate assessment framework to ensure scalability, resource optimization and higher effectiveness
- Build mistake proof thinking in the processes to prevent recurrence and drive First Time Right
- Ensure solution design [Corrective & Preventive action] and deployment along with business owners in time bound manner
- Timely dashboard, status updates and progress reports to stakeholders / management
- Reinforce the objective of Process Assurance & Control through regular interaction with team & stakeholders
- Work in partnership with business stakeholders to simplify / reengineer processes, improve efficiency and customer experience
Process Improvement Projects:
- Drive process improvement projects including need identification, review, implementation closure and sign offs
- Partner with stakeholders to identify project opportunities through boot camp, brainstorming, workshops etc.
- Monitor progress & establish reporting system through a dashboard for review by seniors/stakeholders
- Establish benefit realization, tangible outcomes with requisite sign off on agreed parameters
People / Performance Management:
- Resource optimization to ensure high productivity through effective work allocation
- Ensure regular performance & progress review
- Regular coaching & mentoring of the team
- Experience in Process Assessments / Audits / Transaction Monitoring including management reporting, CAPA Tracking and Closure
- Certified Lean Six Sigma Black Belt. Must have worked on Projects, process improvements & assurance related initiatives
- Experience in driving process re-engineering projects
- Strong knowledge on Risk Management practices like FMEA, Mitigation / Contingency Control Plan
- Industry expertise - Core BFSI operational processes
- Use of Statistical tools, Data mining and analysis
Qualifications, Experience & Skills:
B.com With CA / CMA / CFA / MBA Finance / CA- Inter, M.com, with other related professional qualifications
Minimum of 6-10 years of experience with a significant focus on Indian product companies ( Consumer electronics, E-commerce)
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Posted By
Posted in
Banking & Finance
Job Code
1281224