jobseeker Logo
Now Apply on the Go!
Download iimjobs Jobseeker App and get a seamless experience for your job-hunting
31/08 Tanima Ghosh
Manager - Talent Acquisition at KCT Group

Views:235 Applications:40 Rec. Actions:Recruiter Actions:1

KCT Group - Lead - Internal Audit - Real Estate Vertical (7-10 yrs)

Delhi Job Code: 971766

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.

Women-friendly workplace:

Maternity and Paternity Benefits

Add a note
Something suspicious? Report this job posting.