Qualification : Engineer (Civil / MEP) or MBA (Construction) or Project Management Professional Job Description: Purpose of the Position: - Collaborate with Group IA Head to define the IA policy basis globally recognised IA frameworks, standards & guidelines - Lead the exercise for identification / updation of audit universe and consult the Leadership Team to finalise the audit universe - Formulate the IA plan - Audit execution, reporting, follow up & tracking - Driving deliverables for outsourced audit engagements Detailed Responsibilities Audit Strategy / Planning: - Understand the business and operations model for audit planning and scoping - Gain in-depth understanding of operations - activities, SOPs, systems, MIS, targets, benchmarks, challenges, etc. - Identify inherent risks within each function / operations area and define audit plans and duration with risk-based approach - Prepare annual, quarterly and monthly audit calendars and allocate the engagements - Periodic review of audit plans for alignment with business expectations Audit Quality : - Initiate and implement effective auditing system to review all business operations and processes - Integrate best practices and systems into the audit programmes - Produce reports underlining the relevant problems and providing prospective ways out Audit Management: - Meticulous preparation of audit (operations) programme and data requests - Develop a concurrent audit programme for all operational areas e.g. Development projects, FMS operations, Asset management - Execute a root cause analysis programme on a concurrent basis for on ongoing projects, identify underlying factors causing deviations e.g. time overrun or cost overrun or quality deviations, identify ways and means that can be deployed as preventives - Summarise all findings of the RCA for Top Management attention as part of project / operations review meetings - Smooth conduct of audits and act as POE as per defined escalation matrix - Review audit reports and validate findings and highlight deviations - Discuss and finalise the audit reports with LT & Group IA Head - Enforce and monitor adherence to actions committed for resolution - Ensure timely and effective closure of audit findings - Provide assurance on governance and controls - Ensure strict adherence to SOPs and Policies via regular and structured review mechanism - Develop a risk management framework for various critical functions to identify and develop risk mitigation strategy e.g. governance risks, compliance risks, operational risks, financial risks, strategic risks, etc. Stakeholder Management: - Constant engagement with LT to gather information on strategy, operational issues / priorities and for business understanding - Work with business management team to enhance IC, governance and risks management - Drive quality and accountability in deliverables from external agencies hired for audit / special assignments e.g. quantity surveyors, PMCs, etc.

Delhi

KCT Group - Lead - Internal Audit - Real Estate Vertical 

KCT Group - Lead - Internal Audit - Real Estate Vertical  ,Job Description for KCT Group - Lead - Internal Audit - Real Estate Vertical  in KCT Group in  Delhi for (7-10) years of experience. Apply Now!

Job Description for KCT Group - Lead - Internal Audit - Real Estate Vertical  in KCT Group in  Delhi for (7-10) years of experience. Apply Now!