Role Purpose :&nbsp; Responsible for monitoring and minimizing financial and non-financial risk across the enterprise while also responsible for the internal audit function Key Responsibilities:&nbsp; Planning and Strategizing - Identify a comprehensive management assurance plan cutting across all facets of organization - Identify frequency and span of coverage basis size, sensitivity and materiality - Gather market info / intelligence on prices, discounts, incentives and contractor payments - Physically visit the storage points, loading/unloading points, dealers, vendors and ascertain the health of companies' business - Gather competitive data points and ascertain market factors with respect to sales, purchase, loading, unloading, supply chain in areas of company's business - Should strive to bring in a balance between mitigating risk and seed of business execution - Bring a strong emphasis on ATR reviews and thus the impact tracking - Apply analytical tools to decipher conclusions and insights on compliance / maintenance of propriety - Analyze scope for cost reduction, wastage elimination, revenue and profit enhancement - Assist the management team to indicate best practices and enhance efficiency of operations Policy and Process Design, Implementation and Review - Monitor and reduce overall credit risk- overdue credits, bad debts, etc - Monitor timely and adequate policy renewal at business units, follow up for claims / refunds, oversee surveys and other formalities (as needed) - Monitor and update insurance contracts, including regular review of quality of main underwriters and insurance brokers and advising on any changes to existing arrangements that may be required as a result - Facilitate an effective management assurance audit exercise for DFPCL to measure processes against compliances - Take assistance of outsourced agencies to coordinate activities of management assurance - Coordination of conduct of management assurance across organization with respect to process, compliance and conduct and upkeep of financial value Coordination and Interface:&nbsp; - Develop and manage relationships with external consultants and business partners Management of performance, capability and morale:&nbsp; - Manage performance of the Enterprise Risk Management team, support capability building and ensure that individual/ team morale and motivation is positive

Pune

Head - Management Assurance & Risk Management - Manufacturing  

Head - Management Assurance & Risk Management - Manufacturing   ,Job Description for Head - Management Assurance & Risk Management - Manufacturing   in Indigo Global Consultants in  Pune for (18-27) years of experience. Apply Now!

Job Description for Head - Management Assurance & Risk Management - Manufacturing   in Indigo Global Consultants in  Pune for (18-27) years of experience. Apply Now!