Manager - Internal Control - Real Estate - CA

1. Compliance & Control :

- Risk Assessment - conduct a comprehensive risk assessment of various processes within the company and come up with suggestions to enhance the overall control environment in the company.

- Risk Control Matrix - Prepare and maintain the risk register and the process risk control matrix for the group

- Ensure adherence to approved DOA

- Define & Implement Standard Operating Procedures for various processes within the company

- Ensure standardization of processes across the group through benchmarking of best finance practices

- Effectively manage audit with minimum issues and concerns

2. Risk Assessment & Internal Financial Control (IFC) implementation :

- Designing internal controls that are highly integrated with the Company's business processes such that the controls are embraced as valuable and necessary to achieve the company's business objectives.

- Deployment of the IFC program according to the global IFC framework. - Assess the adequacy of risk coverage and appropriateness of testing activities.

- Planning and documentation of detailed control testing strategy using a risk-based approach

- Evaluation of the adequacy and effectiveness of financial accounting and internal operational controls

3. Monitoring of Control Testing :

- Initiate, Support & Monitor the Peer Controls Reviews (PCR) (including follow up assessment reviews) at various business units under on a monthly/quarterly basis. This would among other things entail the following:-

- Prepare a calendar for PCR basis risk assessment

- Support & participate in PCR in terms of the sampling methodology, understanding of controls and resulting risk mitigation.

- Review work papers documented during PCR, ensure adequate documentary evidence of PCR done is available in FCM.

- Perform assessment of PCR done and conclude on key controls tested

- Identify and describe the control deficiencies and propose action plans to be implemented.

- Prepare and issue an assessment report of the PCR performed

- Support in preparation of presentations to management during and at the conclusion of control testing,CSA etc, highlighting noted deficiencies and recommended corrective actions to improve internal operations and compliance.

- Document management's response on implementation timelines.

- Follow up on remediation actions basis documented timelines.

- Liaison and support external auditors on all control related issues.

4. Control Self-Assessment (CSA) :

- Monitor the adherence of various business Units/ functions to the IFC CSA program - i.e. monthly submission related to controls.

- Preparing monthly dashboard of the unit wise Self-Assessment adherence status and follow up for necessary action.

- Review the CSA submissions and provide a dashboard on ineffective controls as per CSA.

5. IFC system Implementation :

- Act as the central administrator of the IFC tool

- Initial upload, review & managing of all controls into the IFC tool

- Functional support for end-users of IFC Tool

- Liaison with group IT support for all IFC Tool related issues & enhancements

6. Special Project Initiatives :

- Responsible for various special projects/initiatives to review and improve internal controls compliance and efficiency to ensure that financial, operational and compliance controls are adequate and operating effectively.

- Completely drive proposed - Balance sheet Account Reconciliation- project which will provide visibility to the management on the composition of each account balances along with basic supporting documentation where necessary. This project will also provide linking of IFC with account balances and will give real-time information on the total account balance at risk due to any potential control failures.

Special Requirements :

- Relevant Statutory Audit / Internal Audit /Internal control/ Risk Assessment experience necessarily in a Big 4 Audit Firm.

- Good understanding of Real estate and hospitality industry standards.

- Deep understanding of controls and risk assessment process.

- Working knowledge of IFRS & SAP

- Advanced Microsoft Office skills

- Worked with Big 4 and Deep understanding of controls and risk assessment process

- Working knowledge on IFRS

- Working knowledge on any IFC related tools.