Senior Manager - Internal Audit/Corporate Finance - CA

Job Title : Corporate Finance Controller

Level : Manager/ Sr. Manager / DGM

Function : Corporate Finance & Key Initiatives

Reporting to : Head - Corporate Finance

Impact of the Role :

This role will manage all IA (audit, assurance, risk & governance) activities for Bharti Group entities and ensure compliance with major regulations by carrying out thorough assessment and improvement on the effectiveness of the company's control, risk management, and governance processes. The role will also provide strategic support in decision making to the top management through financial reporting, quality analysis, business review and identification of the key trends of the businesses across industry for continuous operational & financial improvement. It will also entail working on key strategic projects including M&A transactions and internal restructurings within the Bharti Group.

Job Responsibilities :

Key Results :

Deliverables :

Internal Assurance :

- Examine and evaluate effectiveness of the internal control, risk management and governance systems and processes of the company, including the organization's outsourced activities and its subsidiaries and branches.

- Manage audits including evaluation of internal controls, performing and documenting audit test work, communicating audit issues to management, writing audit reports, identifying and evaluating emerging areas of organizational risk

- Perform financial, operational, compliance and other types of audits in accordance with relevant laws, regulations, and company's internal audit program while considering the development of lean audit techniques to enhance efficiency

- Confer with management on issues such as the creation of monitoring techniques, risk management, and internal controls

- Review established systems for ensuring code of conduct, compliance with regulatory and legal requirements, and the implementation of procedures and policies

- Periodically report all audit work done internally and through appointed outsourced agencies to senior management on the assessments and findings

Corporate Finance :

- Assist in robust and structured business review, governance and financial reporting process for Group companies.

- Support commercial decisions with financial analysis for respective businesses and highlight areas of concern

- Monitor and update on impact of changes in business environment like any regulatory enactments or competitor activity for any of the businesses

- Benchmark of business performance and strategy with peer companies in both domestic and international industries

- Support commercial decisions with financial analysis for respective businesses.

- Monthly Engagement with External investor on financial and Operational Performance as a part of fund-raising activity.

- This includes Balance sheet Review, P&L review, CAPEX review, New Project status, Pipeline status, Operational KPI Review.

- Business and Financial Planning including preparation of long range plan (5-10 years) and annual operating plan, which involves detailed exercise with multiple functions and SBU teams

- Developing capex plan, cash flow, valuation, IRR, Fund Requirement and sensitivity for Greenfield or brownfield projects

- Forecast OPEX and CAPEX of current year basis inputs received from various stakeholder

- Variance Analysis of current month quarter vis- vis Budget, Quarter on Quarter, Month on Month and Year on Year

- Reviewing Balance Sheet and schedules and highlighting action needed to various stakeholder on a quarterly basis

Key Initiatives at Jt. MD's Office :

- Cross-domain analysis of various M&A Transactions / internal restructurings and enabling execution of the same

- Supporting Corporate Sponsor & BD team in evaluating any future acquisition of any new venture within India or Overseas

- Benchmark of business performance and strategy with peer companies in both domestic and international industries

- Providing various suggestions for improvement in the operational performance through business process re-engineering wherever required.

- Driving key initiatives and strategic projects at Jt MD's office.

Skills and Qualifications Required :

- A Chartered Accountant with 5-7 years of experience in internal assurance in industries like banking, real estate, insurance, etc.

- Highly process centric with expertise of the internal audit processes, its operations, procedures, and policies, including the laws and regulations which guide its operations for various types of audits (IT, operational, compliance, financial and other types of audits)

- Understanding of the best practices, new developments, and current trends in the Audit domain and have a keen interest in new technologies and their applications

- Business & commercial acumen to understand the business and delivery models of various industries

- Entrepreneurial spirit, pro-active attitude with an inquisitive and analytical mind

- Excellent communication skills and the ability to interact and build rapport with senior stakeholders and operational teams with required maturity.