Head - Internal Audit - Power Sector

We are hiring for Head-Internal Audit for one of the leading Power transmission company based out at Noida.

Experience Required : 10 to 23 Years

Location : Noida

PREFERABLE INDUSTRY : POWER INDUSTRY

1. Perform and control the full audit cycle including risk management and control management over operations- effectiveness, financial reliability and compliance with all applicable directives and regulations.

2. Determine internal audit scope and develop annual plans.

3. Obtain, analyse and evaluate accounting documentation, previous reports, data, flowcharts etc.

4. Prepare and present reports that reflect audit's results and document process.

5. Act as an objective source of independent advice to ensure validity, legality and goal achievement.

6. Identify loopholes and recommend risk aversion measures and cost savings.

7. Maintain open communication with management and audit committee.

8. Document process and prepare audit findings memorandum.

9. Conduct follow up audits to monitor management's interventions.

10. Engage to continuous knowledge development regarding sector's rules, regulations, best practices, tools, techniques and performance standards.

11. Guidance to audit team from time to time as regards the direction of the assignment as well as on various audit issues faced by them.

12. Review draft audit findings and shape them up with the audit team. Review the root cause/ control gap analysis and its impact on financials, if any.

13. Discussion of Draft Audit Report with Process Owner for their compliance and timelines for implementation of audit recommendations.