Job Responsibilities

1) Audit Universe and Annual Audit Scope completeness for Projects

- Continuous monitoring of Audit Universe and Scope and their alignment to Business Strategy.

2) Pre-audit and Concurrent Audits (As instructed from time to time)

-Timely completion of audits of contracts, purchase orders and payments beyond specified value and validating compliance by management on auditor's comments

3) Process Compliance

- P2P, H2R, O2C (Scrap, Asset disposal) R2R, Costing

4) Infrastructure Development and Construction Continuous assessment and reporting on:

- Stage Gate Audit

- Time to complete and assess likely time overrun

- Cost to complete and assess likely cost overrun

- Claims for and against

- Direct & Indirect taxation optimization

5) Return on Investments (Projects)

- Effective utilization of funds deployed and maximize return on investments

- Continuous identification of areas for cost savings in projects and liaise with Management for achieving them.

- Value savings reported by outsourced firms exceed costs incurred.

6) Compliances -Commercial & Contracts, Regulatory

Effectiveness of:

- Compliance to Concession Agreements & Reporting

- Contract Compliances

- Policies, Procedures and Systems

- Compliance Software - Regulatory Reporting & Certification Process

- IFC Implementation

7) Audit Reports & Compliance Status

- Monitoring Issue audit reports as per timelines fixed and upload them in a shared folder with appropriate access to Internal Audit team members across Group.

- Define responsibilities and timelines to management personnel

- Follow up on statutory auditors, cost auditors and secretarial auditors review reports to update audit universe, audit scope and/or closure of audit observations.

8) Data Analytics & Reporting

- Use SAP R/3 and analytical tools for data mining on "AMPLE" basis and NOT on "SAMPLE" basis.

9) Talent Retention, Career & Succession Planning

- Mentorship-induction, training and Progression of MT /JM.

- Schedule knowledge sharing sessions with outsourced firms and team members.

10) Team Efficiency and Effectiveness

- % of open ATR items in High and Medium Risks < 10%.

- Schedule Quarterly Sector Governance Council meetings (Minimum 2 meetings).

- Rank best performing entity and/or process for internal competition, rewards & recognition.

- Obtain Annual Online Feedback on outsourced firms/ audit team

- Aim for NIL OFIs during BE Assessment

EDUCATION QUALIFICATIONS

- Qualified CA

RELEVANT EXPERIENCE

- 7-13 years of post-qualification experience in handling Internal Audit, Assurance, Risk Management, Finance & Accounts function. Out of which 7 years or more should be in Internal Audit / Assurance / Risk Management in medium to large size organizations.

- Working knowledge of MS Office (Word, Excel, Power Point), SAP, IDEA (Data Analytic Tool) is desired.

- Experience working in infrastructure company shall be preferred

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