Senior Manager - Internal Audit - Retail

- Professional in Accounting or Internal Auditing (preferably a CA with early years- training in big 4 Internal Audit team, CIA or CISA is an advantage

- Prior experience in working in QSR or Caf- retail or Food & Beverage sectors in IA role.

- Has a keen understanding of the enterprise risks of this sector and proactively integrates this with the business context

- 7-10 years- experience in Internal Audit, Risk Management & Process Advisory domains

- Knowledge of COSO Risk and Internal Control framework would be an asset

- Working knowledge of professional IIA performance standards.

- Good understanding of accounting principles and financial statements

- Well-developed technical proficiency in SAP environment, Word, Excel and Power Point

- Design a risk-based Internal Audit (IA) planning framework and develop annual IA plans based on quantitative and qualitative factors.

- Take full oversight and accountability of the IA co-sourcing firm in order to deploy a robust operating procedure which includes pre-field planning, risk assessment and data analytics before the field work.

- Develop a thorough understanding of business processes, policies, SOPs and practices in scope for planned audits.

- Participate in meetings with senior business stakeholders to effectively integrate the business expectations into the objectives of the specific IA engagements.

- Develop a risk based detailed IA scoping based on the pre-field planning/risk assessment results. This would include selecting appropriate audit methodology and test procedures.

- Perform ongoing reviews of the engagements managed both by co-sourcing firm and in-house staff to ensure that expectations and cost, quality, timelines are met. Course corrections, if any, are deployed proactively.

- Ensure that the process recommendations are also benchmarked with some of the leading practices followed in mature organisations and environments

- Lead special assignments from time to time following requests from the executive management and the Audit Committee members.

- Deploy a collaborative manner with the operating management by providing recommendations that are actionable and solution oriented. Constantly seek to improve the process, control and compliance maturity of the organisation.

- Participate in closing meetings with business owners, along with the co-sourcing firm and internal staff to facilitate seamless and conclusive alignment of engagements.

- To prepare a concise and informative audit report to effectively communicate the findings and recommendations to the branch/department and senior management.

- Effectively communicate with the senior stakeholders/Board and drive stronger alignment.

- Proactive reporting to Audit teams of both global and TGB, integrate their suggestions and follow-up requirements to ensure a well aligned communication to the Audit Committee

Other Responsibilities :

- Support Internal Audit in the development and implementation of the evolving IA methodology

- Conduct investigations of suspected internal fraud on need basis

- Prepare the quarterly presentation deck for quarterly Audit Committee (AC) meeting by coordinating with auditors within and outside of India.

- Ongoing follow-up with the business process owners on the implementation of the corrective action plans for the findings highlighted.

- Conduct testing to assist TSB management with the annual IFC reporting

Summary of Experience & Education :

- Master's in Business Administration or related discipline ( preferred)

- Minimum 2 years of relevant experience in the areas of shared services, partner resources technology and operations ( preferred)