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31/05 Ishika Yadav
Research Associate at Antal International

Views:187 Applications:44 Rec. Actions:Recruiter Actions:11

Lead - Internal Audit - Infrastructure - CA (7-13 yrs)

Nagpur/Vishakhapatnam/Vizag Job Code: 1103985

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


- Qualified CA


- 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

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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