Lead - Quality/Compliance & Sustainability

We are looking for Lead - Quality, Compliance and Sustainability

Experience - 10 - 15 Years

Location - Parel

Job Description:

Strategic direct ownership:

- Institutionalize the Function of Governance Risk and Compliance function as an independent Role at the Business Level

- Plan and drive various Sustainability initiatives for the Business

- Establish the Risk framework and Key risk areas for the Business along with the Corporate Compliance team and identify measurable risk drivers. Identify the key measures to govern the risk and assess the risk with periodic reviews from the business data analytics

- Focus on automation areas to improve the risk control management and process controls as well as Compliance areas

- Introduce the best Global practices in Audit and Governance

- Institutionalize and Develop Quality control program with the Business heads for improving the service quality and operational excellence

Operational (Collaborative role):

Internal Audit:

- Facilitate submission of accurate and timely data for Internal Audit as per the approved IA Plan / Adhoc Audits

- Ensure Qualitative and Timely Management Response to the Audit Findings (Preventive / Corrective and Detective Controls) and practical Closure dates

- Track and Facilitate closure of Audit Responses / Actions as committed by the Management through regular interaction / interventions

- Ensure closure of all HIGH Risk Findings within the committed Time frame

- To ensure 100% compliance to the set processes and policies.

Concurrent Audit:

- Perform Concurrent Audit and Quality checks across Business Functions / Departments to provide Assurance on the existence and effectiveness of Controls and Safeguarding of Revenue, Asset, People and Brand

- Monitor the implementation and compliance matrix the Business processes and controls.

Compliance:

- Monitor the Statutory compliance , Safety security Risk periodically with Finance/HR and SIOP functions for 100% compliance. Report non compliances to COO and CRO

- Understand the GDPR requirements for the business and work the Consulting Partners and Business teams to ensure 100% compliance.

Process/System Improvements:

- Work on automation of and controls to improve the audit and governance. Monitor the reporting of compliances through the module for compliance reporting periodically.

- Develop / Advise on policies, programs, systems; thereby adding value and institutionalizing Control measures for Compliance with laws and regulations, reduce vulnerability to fraud, protecting the Directors, safeguarding of assets, improve effectiveness of Operations, reliability of financial and management reporting.

- Providing real time assurance, advanced analytics to risk events and innovative methods of Audit.

Communication & Reporting:

- Regular engagement and coordination and meeting with stakeholders / Business Heads / Department Heads Internal / External Auditors; to facilitate implementation of recommendations and action plans on target completion date and to follow up and escalate any significant concerns.

- Periodic reporting / escalations to the COO CRO.

- Facilitates external audit review processes, and in conjunction with the Head Compliance at corporate office, responds to administrative inquiries related to compliance issues or audits

- Understanding the outcomes and finding from the Audit and tracking the progress on corrective and progressive actions provided at the time of management responses. Present the same during monthly Business reviews and COO and CRO reviews for timely completion.

- Participation in programs / seminars hosted by the accredited Subject Matter Domain Institutes / Organizations (ICAI, FICCI, ICC, ASSOCHAM, IIA, BIS, ISACA etc) to keep abreast of changes and trends.

- Design and implement Programs / Training for Employees; for knowledge transfer and awareness on Compliance and Risk management

- Responds to government investigations and queries as directed

Interactions:

EXTERNAL:

- regulatory authorities

- Audit Partners

INTERNAL:

- Department heads, Audit and Compliance Coordinators , COO and CRO and Corporate Group Compliance Head

Qualification and experience: Qualified CA and CIA (certified Internal Auditor), desired CISA qualified

Experience : 10 to 12 years post qualification

Competencies:

Technical:

- Knowledge of Corporate Laws, Tax Laws (Direct and Indirect), Labor and Allied laws

- Knowledge of Audit and Accounting Standards

- Knowledge of Risk Management Framework

- Knowledge of Information Technology and industry Issues

- Data Mining and Analytics

FUCNTIONAL COMPETENCIES:

- Analytical thinking (level 4)

- Stakeholder management (level 4)

- Effective communication (level 5)

- Influencing and negotiation skills (level 4)

- Project management (level 4)

- Planning and organizing (level 5)