General Manager - Internal Audit - CA
Human Touch · Delhi · onsite · Posted 51d ago
About a minute. You'll make an account on the way through.
About this role
Education: CA
Experience: 14-20 years of progressive experience in Audit, Risk & Assurance
Role Overview:
The General Manager - Audit will be responsible for leading the internal audit function, strengthening governance frameworks, driving risk-based audits, and ensuring compliance with regulatory and organizational requirements. The role will partner closely with senior management, Audit Committee, and the Board.
MUST HAVE:
- Knowledge of Tech Tools like Power BI or Tableau, Data Analytics, Control Self Assessments, Continuous Control Monitoring, etc.
- Best processes around various areas eg. Given Fixed Assets, Attendance monitoring of outsourced Labour
- Presentations to Management CEO, Audit Committee, BCM, GCM
- Skilled in power point, AI / ML, SAP preferably in S4 Hana
Key Responsibilities:
1) Audit Universe & Annual Audit Planning
- Develop, maintain, and continuously monitor the Audit Universe and Annual Audit Scope, ensuring alignment with Business objectives and MAG strategy.
- Finalize the Annual Audit Plan in consultation with Management.
- Oversee cost-effective engagement of outsourced audit firms for Joint Ventures, Associates, and Subsidiaries.
- Review draft and final audit reports prior to submission to the Audit Committee / Board.
- Monitor and provide oversight on the Audit Tracking (ATR) mechanism.
2) Revenue Audit, Cost Optimization & Interest Cost Review
- Identify opportunities for revenue enhancement across Aero and Non-Aero segments.
- Identify areas for cost reduction, optimization, and frugality initiatives.
3) Pre-Audit & Concurrent Audits
- Conduct pre-audit and concurrent audits for contracts, purchase orders, and payments beyond specified thresholds, as directed from time to time.
- Ensure timely completion of audits and validation of management's compliance with audit observations and recommendations.
4) Compliance - Commercial, Contracts & Regulatory
- Contractual compliances.
- Internal policies, procedures, and systems.
- Implementation and monitoring of Internal Financial Controls (IFC)
5) Audit Reporting & Compliance Monitoring
- Define responsibilities and timelines to management personnel
- Follow up on statutory auditors, cost auditors and secretarial auditors review reports to update audit universe, audit scope and/or closure of audit observations
6) Data Analytics & Reporting
- Use SAP R/3
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