Job Title: Head of Internal Audit Department Internal Audit & Risk Governance

Reports To: Managing Director

Location: Rohini, Delhi (HQ) with regular site travel

Experience: 10+ Years (CA / CIA / CISA or equivalent)

Employment Type: Full-Time (6-day work week)

Travel: Required - Regular (Safiabad, Jhundpur, & plant/warehouse locations)

Grade/Level: Senior Leadership / Head of Function

About Servotech:

Servotech Renewable Power System Limited is a leading Indian technology-driven organization specializing in solar energy solutions and EV charging infrastructure. The company is committed to driving Indias transition toward clean and sustainable energy. Its portfolio includes solar power solutions, EV charging solutions, and power-conditioning and energy-efficient products.

With a strong presence across government and private sectors, Servotech works closely with PSUs, DISCOMs, enterprises, channel partners, and customers across India. As the organization scales its solar and power-electronics portfolio, building a strong service, repair, and product-reliability ecosystem is a key business priority.

About the Role:

We are seeking an execution-driven, highly analytical, and strategic Head of Internal Audit to build and lead a modern, technology-enabled internal audit and governance function spanning financial controls, procurement, Bill-of-Material (BOM) integrity, manufacturing process audits (NPI gates), and field/logistics controls.

The primary mandate is to move the function from periodic, manual, post-facto reviews to real-time, SAP-integrated monitoring across all plants and functionsoperating as a credible, independent governance layer for a publicly listed company.

Key Responsibilities:

1. Real-Time Control Architecture:

- Design and implement real-time SAP-based control monitoring (BOM-vs-purchase variance, inventory movement, dispatch/GRN reconciliation), replacing manual and Excel-based post-facto checks.

2. Audit Governance Framework:

- Build and own the internal audit governance framework, including the risk-based annual audit plan, audit-execution SOPs, maker-checker-approver structures, and escalation matrices.

3. Process & Technical Audit Coverage:

- Own end-to-end process and technical audit coverage across manufacturing (NPI gate audits - thermal/IP65 compliance logs), field operations (geofencing, dispatch integrity), and support functions (freight, procurement).

4. SAP Segregation of Duties (SoD):

- Own SoD design and enforcement across SAP roles and access rights, particularly for high-risk transaction types like goods movement, invoice creation, and dispatch approval.

5. Forensic & Root-Cause Investigations:

- Lead root-cause investigations on flagged variances using a documented, evidence-based methodology anchored to independently verifiable records (customs, GST, bank/UPI data).

6. External & Statutory Auditor Alignment:

- Coordinate with external forensic and statutory auditors on joint/overlapping engagements, ensuring internal evidentiary trails meet external standards.

7. MIS & Governance Reporting:

- Build and maintain live dashboards for variance tracking, audit-observation ageing, and control effectiveness; deliver periodic reports to the Audit Committee on control gaps, remediation status, and fraud-risk indicators.

8. Listed Company Compliance Support:

- Support listed-company obligations including Internal Financial Controls (IFC under Sec 134(5)(e) Companies Act), statutory ICFR testing, and flagging matters with SEBI LODR disclosure relevance to Legal/CS.

Candidate Profile & Key Requirements:

- Educational Qualification: CA / CIA / CISA or equivalent qualification is mandatory.

- Work Experience: Minimum 10+ years of total experience in internal audit, including at least 45 years in a manufacturing, industrial, or publicly listed entity.

- ERP & Systems Mastery: Demonstrated hands-on expertise in building SAP-based or ERP-integrated audit and control frameworks (not solely Excel-based audits).

- Governance & Audit Exposure: Experience working alongside Big-4 or forensic audit teams, strong exposure to IFC reporting for listed entities, and direct Audit Committee reporting experience.

- Technical & Manufacturing Knowledge: Exposure to manufacturing quality gates, BOM controls, and technical compliance logs is highly preferred.

- Core Leadership Competencies: High analytical rigor, independence and strength of character to escalate uncomfortable findings, and a rigorous forensic mindset with chain-of-custody discipline.

Key Result Areas & Key Performance Indicators (KRA / KPI Framework):

1. Real-Time Control Architecture:

- SAP-based BOM-vs-Purchase variance dashboard live within 60 days.

- 80% of manual/Excel reconciliations replaced by automated SAP checks within 6 months.

2. Audit Governance Framework:

- Risk-based annual audit plan presented to MD/Audit Committee within 45 days.

- Audit SOP (maker-checker-approver, escalation matrix, SoD) rolled out within 90 days.

3. Process & Technical Audit Coverage:

- NPI Gate Audit Log operational within 60 days (covering 100% of new launches).

- Field Geofencing / dispatch-integrity report issued monthly from Month 2 onward.

4. Fraud-Risk & Remediation:

- Audit-observation ageing tracked and reported monthly.

- 90% of critical observations closed within 30 days of being raised; Zero repeat findings.

5. External & Forensic Coordination:

- 100% of information requests from external/forensic auditors answered within agreed SLA.

- Zero Audit Committee escalations regarding responsiveness.

6. Governance & Independence:

- Quarterly Audit Committee presentation delivered on schedule.

- SAP access rights / SoD review of high-risk roles completed at least twice a year.

7. Listed Company Compliance:

- Control gaps with potential disclosure relevance flagged to Legal/CS within 48 hours.

- Zero instances of IFC-relevant gaps surfacing first via external audit.

What We Offer:

- Opportunity to lead and build the core governance layer for a fast-scaling, publicly listed clean-tech and EV infrastructure leader.

- Direct functional visibility with the Audit Committee of the Board and the Managing Director.

- Executive-level compensation and decision-making authority.