Internal Audit & Chief Risk Officer - Manufacturing Industry - CA

Designation - Internal Audit & Chief Risk Officer

Qualification - CA

Experience - 10+ years

Reporting - CEO

Location - Hyderabad

Salary - Best in the industry

JOB PURPOSE:

Responsible for Strict Adherence of SOPs, Statutory Compliances. Coordinate with Plant as well as Corporate teams for smooth Pre Audit and Internal Audit procedures. Track and Present the Audit Observations with current implementation status, action owner and target timelines to the CEO.

JOB DESCRIPTION :

Internal Audit:

- Determining the internal audit scope and overall supervision of Quarterly/Half yearly/annual audit plans

- Ensuring the timely Internal audit completion and compliance with all applicable SOPs and Statutes

- Recommending the appointment of Pre/Internal auditors to the senior management

- Collaborate with Pre auditors, Internal Auditors, Functional and Unit teams to coordinate the audits and drive to resolution identified issues

- Review of monthly Preaudit & Quarterly internal audit reports and presenting the audit findings to Management

- Tracking and timely closure of open audit points in internal/pre audit reports

- Guidance/Training and support to Pre-Auditors team at Units

- Responsible for the development of internal controls framework ensure that internal controls are adequate / reliable & weaknesses identified, rectified and monitor the remediation efforts

- Regular assessment of the effectiveness of internal controls over financial reporting

- Training and awareness on internal controls for all appropriate roles and responsibilities on an ongoing basis

- Risk Management

- Ensure all Risk management policies are defined, reviewed, and updated at defined time periods and placed to board members for approval and adoption

- Risk management operations, including managing, identifying, evaluating, reporting and overseeing the risks externally and internally to the organization and works diligently with senior management on risk mitigation plans.

- Maintenance of Risk Registers for all the Legal Entities/Units