Dr Reddys - Team Member - Internal Audit

Role: Team Member - Internal Audit

Reporting To: Team Leader, Internal Audits

Location: Hyderabad

Background :

- Internal Audit team at Corporate plays a key role in contributing towards high level of Corporate Governance in the organization. It conducts independent and objective assessment of internal controls in the organization and helps in their improvement.

Being a part of this team involves:

- Constant learning on each aspect of the business, operations and support functions of the Company

- Taking up challenging projects to provide assurance and value add to senior management and the Board

- Interaction with all levels of management including senior management for key issues

- Development of project management and leadership skills

Key Responsibilities :

- Carry out a preliminary review of the audit area for developing scope of the audit with support from Team Leader.

- Prepare risk based audit program to document the risk and controls in the process and the planned audit procedures.

- Perform comprehensive field work by reviewing data and information, interacting with process owner, recording minutes of meetings, performing tests and carrying out relevant analysis, recording and evaluating results.

- Discuss audit observations, root cause and recommendations with process owner.

- Inform Team Leader about progress of the audit on regular basis, discussing results of field work and audit observations.

- Prepare draft audit report for identified issues along with root cause analysis for review by Team Leader.

- Develop advanced knowledge of SAP reports and controls relating to operations.

- Obtain and update knowledge on principles, practices and standards in Internal Auditing and best practices in areas under audit.

- Update internal software and perform follow up with management for implementation of agreed action plans.

- Prepare update on open issues for quarterly presentation to the management.

- Maintain a good network with different levels of management and obtain regular updates on the key developments happening in Business Units / support functions.

- Participate and contribute in the regular knowledge sharing activities of the team.

- Perform administrative functions relating to the department's activities.

Operating Network :

- External : Professional contacts to find out about the best auditing practices and inculcate the same. Forums for knowledge sharing on Internal audit related professional developments

- Internal : Manufacturing and central functions like Quality, IT, Compliance

Technical Requirements :

- Knowledge on GMP compliance, operations and internal auditing standards

- Comprehensive audit planning, fieldwork and pro-active updates to Group Leader

- Timely completion of the report

- Quality of the report, root cause analysis and recommendations

- Overall business sense and ERP knowledge

Educational & Experience :

- M.Pharma/ Chemical Engineer with 2-3 years of experience in API manufacturing operations

- Experience in QA / audit will be preferred.

- MBA qualification will be an added advantage

Key Personal Attributes:

- Strong report-writing, inter-personal and communication skills

- Reasoning & analytical ability

- Team player with 'work hard and play hard' attitude