Role Objective:

Effectively participate in the Internal Audit function to add value to all business divisions by providing an independent, cost effective and efficient internal audit.

Key Deliverables:

Internal Audit Program:

- Lead the IA team to execute internal audit program by extensive and efficient use of data analysis and internal audit digital platform.

- Independently execute audit assignments maintaining overall quality of deliverables, processes and completion of projects within budgeted timelines.

- Ensure compliance with the audit methodology, quality and standardization of the outputs including the audit reports and findings.

- Support co-source partners and consultants engaged by Voltas IA and ensure their deliverables are met.

- Ensure that the internal audit activity maintains its independence and objectivity.

- Provide value add to business by providing insights and recommendations on improvements to the key stakeholders in the business.

Internal Final Control Testing:

- Ensure IFC testing as per calendar plan; suggest enhancements and implementation of automated controls to Divisions and Functions.

Client Engagement:

- Actively engage with senior leaders from Business Verticals and Functions.

- Timely communication of outcomes of audit assignments to senior management.

- Seek regular feedback from senior management / division personnel clients to enhance the quality of audits and review audit processes.

Issue Tracking:

- Follow through on implementation of audit recommendations within timelines and escalate overdue issues pending implementation.

- Tracking the resolution of actionable through Action Taken Reports (ATRs).

Risk Assessment and Controls:

- Analyse and assess risks and identify controls in place to mitigate identified risks.

- Assess effectiveness and efficiency of control environment.

Audit Committee:

- Organize meetings with Division senior managers and leadership team in preparation for the audit committee.

- Presentation to audit committee and liaison with Secretarial department for the meeting.

- Ensure compliance with Audit Committee Terms of Reference.

- Draft minutes of the AC meetings.

Teamwork:

- Monitor and develop competencies and soft skills of audit team.

- Improve audit methodology and tools.

- Two way sharing of knowledge and best practices with co-source partners.

- Support quick and efficient onboarding of new employees.

IT Systems:

- Understand the major inter dependencies between financial and other IT systems from an audit perspective.

Essential Attributes:

- Excellent capabilities in MS Excel and Power point.

- Good working knowledge of SAP.

- Deep understanding of business operations, data analytic and auditing tools.

- Maintain awareness of professional and technical developments eg. audit standards, its systems and controls.

- Excellent analytical skills.

- Ability to leverage the IT systems and tools to deliver audit objectives.

- Very good oral and written communication skills.

- Ability to build and develop relationships at all levels.

- Maintain the highest standards of ethics and integrity.

Qualifications:

- CA with 10 - 12 years of post-qualification experience in industry or a large audit firm.