Manager/Sr. Manager - Internal audit

Educational Qualification

• CA / CMA/Inter-CA/CMA / MBA

• Candidates with relevant Internal Audit experience in Power / Infrastructure /

Manufacturing

Experience

• 6+ years of relevant experience in Internal Audit, preferably in Manufacturing /

Infrastructure / Power.

• Experience in independently handling process, operational, financial, concurrent,

pre-payment and plant/site audits.

• Experience in leading a team, reviewing audit assignments and reporting to

management.

IT & Technical Skills

• Strong knowledge of MS Excel and MS Word.

• Good working knowledge of SAP / ERP.

• Strong understanding of Internal Controls, Risk Assessment, Audit Methodology,

Accounting and Manufacturing Processes.

• Ability to analyse financial and operational data and identify exceptions, trends and

control weaknesses.

Key Responsibilities

1. Audit Planning & Team Management

• Prepare and execute the risk-based Internal Audit Plan covering corporate functions,

plants and business operations.

• Conduct risk assessment and identify key/high-risk areas for audit coverage.

• Allocate assignments, guide team members and review audit working papers and

reports.

• Ensure timely and quality completion of audit assignments.

2. Internal & Process Audit

• Lead process, operational, financial, concurrent, pre-payment and plant audits.

• Cover key processes including Procurement/P2P, Accounts Payable, Stores &

Inventory, Production, O2C, Vendor Management, Expenses, Plant Operations,

Assets, Customer Service, After-Sales, Warranty and Dealer/Service Centre

Operations.

• Review compliance with company policies, SOPs, statutory requirements, contracts

and delegated authority.

• Identify control gaps, process weaknesses, financial leakages and compliance

deviations and recommend corrective actions.

• Periodically verify and reconcile Raw Material, Finished Goods, Stores and Assets.

3. Concurrent & Pre-Payment Audit

• Review procurement, service, manpower, expense and other payments before

release.

• Verify approvals, PO/contract terms, quantities, rates, taxes, supporting documents

and payment conditions.

• Identify duplicate/unsupported/excess payments and other financial risks.

4. Special Audit & Investigation

• Lead special audits, management reviews, whistleblower complaints and

investigations as assigned.

• Identify irregularities, control failures and financial/operational impact and

recommend corrective and preventive actions.

5. Audit Reporting & Follow-up

• Review and finalise audit observations and reports prepared by the team.

• Ensure observations clearly cover root cause, risk/impact and recommended action.

• Present significant risks and audit findings to management.

• Maintain Audit MIS, dashboards and observation trackers and ensure timely closure

of high-risk and recurring observations.

Behavioural Competencies

• Strong leadership, communication, analytical and presentation skills.

• Proactive, self-driven and result-oriented approach.

• Strong team management and stakeholder management skills.

• Ability to manage multiple assignments and meet stringent timelines.

• High level of integrity, objectivity, confidentiality and professional judgement.

• Willingness to travel and conduct plant/site audits as required.

Key Deliverables

• Timely completion of the Risk-Based Internal Audit Plan.

• Quality and timely completion of team audit assignments.

• Identification and reporting of significant financial, operational and compliance risks.

• Effective follow-up and closure of audit observations.

• Strengthening of internal controls and reduction of recurring control gaps.

• Effective audit coverage of plant, customer, warranty and after-sales processes.

Preferred Candidate Profile

Candidate should have strong practical experience in Internal Audit, Risk & Controls and

Manufacturing Operations, with the ability to independently lead audits and manage an

Internal Audit team.

Experience in Power / Infrastructure/ Manufacturing along with SAP/ERP and plant audit

exposure, will be preferred.Role & responsibilities