AVP - Internal Audit & Risk Management - CA - Manufacturing

Roles and Responsibilities :

- To prepare annual audit plan / Scope on the basis of risks identified based on a grading system and to cover all the areas over a period.

- Managing the audit resources to ensure the timely implementation of the audit plan and proper coverage of all areas.

- Develop, implement and monitor the Control Self-Assessment framework for the organization to ensure that major internal controls are in place and operating effectively.

- Inclusion of Audit Observations in CSA Control Points for ongoing compliance and preventive compliance. Remediation of Failed Controls.

Internal Control Review : Gap Identification & Internal Audit, Self-Assessment of Internal Controls Point

Improvement in Systems/Control :

- To carry out Internal Audits either directly, or with help of external consultants, for improving the internal control systems in the organization.

- To do a rigorous follow-up with Auditee for implementation of audit findings.

- To have continuous interaction with Auditee to finalize Recommendations / Action Plans.

Accountabilities / Control Points :

Control Points on which the incumbent's job performance will be measured :

- Timely completion of the Audits/Projects.

- Value added inputs in Audits to improve business processes.

- Timely implementation of Audit Observations

- Identification & Implementation of Best Practices

- Internal Audit

- Gaps Identification Review

- Implementation of CSA in Plants Overseas.

- Cross Deployment of Best Practices

Qualification : CA