DGM - Internal Controls & Operational Audit - Industrial

Contact Person : Latha

Contact No: 09980907023

JOB DESCRIPTION :

DEPARTMENT : FINANCE

POSITION : DGM Internal Controls & Operational Audit (Only Female)

REPORTS : CFO India

LOCATION : Mumbai (Malad West)

BASIC FUNCTION :

- Responsible for overseeing the company’s including Joint Ventures overall internal controls function in compliance with Co requirements.

- Develop a proactive internal and operational audit plan to complement the work done through other sources of oversight such as statutory audits, external internal auditors and Sox gap and control assessments.

DUTIES AND RESPONSIBILITIES :

- Assist company management in designing and maintaining adequate systems of internal controls and procedures over financial reporting of the company

- Review existing internal controls and procedures of significant business processes identified, evaluate segregation of duties and sufficiency of documentation on a regular basis

- Perform and manage internal management testing to ensure internal controls are operated effectively and efficiently according to requirements of Sarbanes Oxley

- Assist in reviewing and updating local Financial policies due to changes in organisation structure, financial structure, operating procedure, business processes etc., on a regular basis

- Approval route setting and assist on update of India approval matrix in line with SAPA and WHQ approval matrices and according to changes in organisation structure and staff movement

- Carry out proactive (surprise) audits and checks to ensure policies and processes are being adhered as per required Co standards. Report audit result and assist the relevant staff or department to formulate and follow up remediation plan on issues identified.

- Review open eSox issues and other audit report observations for follow up and ensure timely updates and closure in eSOX. Work closely with process owners to develop action plans, monitor and timely report the progress of remediation.

- Provide inputs to internal auditors for designing their annual audit scope. Act as a coordinator to facilitate the auditing process and enhance communication between process owners and auditors.

- Ensure internal control related assessment, projects or reports are completed and submitted timely per SAPA/WHQ requirements

- Responsible for collating, review and consolidation of quarterly rep letter

- Lead and manage the Internal controls staff effectively to deliver the objectives of the role

- Take active part in various process improvement projects

- Be an active member of the India Compliance council

- Support India CFO & or SAPA Finance team on special ad-hoc projects

- Ensure compliance with the quality and safety procedures and policies-

- Ensure timely implementation and compliance with Policies and Procedures. Assist management on policy reinforcement and provide training to employees to ensure their awareness of new/existing/major policies and enhance their sense of internal controls when necessary.

- Creates and fosters a culture of business practices, instils and aware of and commitment to Code of Ethics and performs responsibilities in compliance with the Code.

QUALIFICATIONS & EXPERIENCE :

- Only Female Candidates can apply.

- CA / CWA /MBA - Finance with 8 -10 years experience (with Top B-Schools)

- Experience with the Big four / Industry Practice is preferred.

- Experience with international public accounting firm with exposure to multi-national companies

- Prior experience in an Internal Audit role in a multinational will be an advantage

- Good interpersonal, communication and presentation skills

- Self starter, results oriented with a positive outlook

- Handling PAN India Accountability