Trident Group - Head - Internal Audit - CA

Job Objective - The Head of Internal Audit is responsible for developing and driving full audit cycle including risk management and control management over operations' effectiveness, financial reliability, and compliance. The role holder is also responsible for assessing and making appropriate recommendations to improve the governance processes on risk management and control.

Key Responsibility Areas:

- Develop a comprehensive risk assessment framework to identify potential areas of risk within the organization

- Formulate a strategic audit plan based on the risk assessment, considering the organization's goals and objectives

- Identify and implement innovative audit technologies and tools to enhance the efficiency and effectiveness of internal audits

- Develop a structured methodology for identifying and assessing key risks during audits.

- Oversee the planning and execution of internal audit engagements in accordance with the approved audit plan.

- Measure the number of audits conducted within the defined time frame and compare against the annual audit plan.

- Ensure that audit procedures are in line with industry standards and internal audit best practices.

- Ensure that audit activities comply with regulatory requirements and internal audit standards.

- Uphold high standards of corporate governance and ethical conduct within the internal audit function.

Key Performance Indicators

- Number of internal audits conducted

- Number of key risks identified and actioned.

Role Requirements:

Qualifications

- CA is a must.

- MBA/ PGDM or a related field

- Relevant certifications e.g., Certified Internal Auditor - CIA

- Substantial experience in internal auditing, Manufacturing/Textiles Industry is preferable.

Role Competencies

- Profound knowledge of auditing principles, methodologies, and standards, including risk-based auditing - Internal Controls (ICFR / SOX / COSO frameworks)

- Familiarity with audit software and analytical skills using SAP, SF, and relevant ERP Systems.

- Stakeholder Management & Executive Presence: Board & Audit Committee reporting, and relationship management across functions (Finance, Ops, HR, IT, Procurement etc.)