Vashi Integrated - Manager - Internal Audit

Manager - Internal Audit

Key Responsibilities:

Internal Audits and BSC Implementation:

- Ensure that BSC goals are aligned with departmental objectives and report on performance metrics on a monthly basis.

- Track and improve BSC goal parameters across departments.

- Goal: Achieve a 10% monthly improvement in BSC goal parameters at the company level.

External Audit Management:

- Oversee compliance with the Scope of Work (SOW) and the agreed-upon audit plan.

- Ensure timely resolution and closure of audit observations, discrepancies, or issues identified during external audits.

- Goal: Resolve audit findings and discrepancies in processes and systems before the final report is submitted to the Audit Committee or within the next quarter, whichever is earlier.

Compliance and Regulatory Oversight:

- Ensure that the company remains fully compliant with all internal policies and external regulations, thereby mitigating legal risks, financial penalties, and operational disruptions.

- Monitor and ensure that compliance processes are continuously reviewed, updated, and improved based on new regulations or operational needs.

Audit Process Improvement:

- Identify areas for improvement in financial operations, processes, and controls, and recommend corrective actions where necessary.

- Collaborate with various departments to implement and track corrective actions and improvements based on audit findings.

Reporting and Documentation:

- Prepare and maintain detailed documentation of audit processes, findings, and resolutions.

- Provide regular updates to senior management on the progress of audit findings, including the status of corrective actions and improvements.

Training and Development:

- Support training initiatives for staff on audit processes, compliance standards, and internal policies.

- Stay up to date with the latest audit and compliance trends to ensure the company maintains best practices.

Required Skills and Qualifications:

- Bachelor's or Master's degree in Accounting, Finance, Business, or a related field.

- 5+ years of experience in internal auditing, regulatory compliance, or related areas, preferably in a corporate environment.

- Strong understanding of audit standards, financial regulations, and internal controls.

- Proven ability to manage external audits and collaborate with auditors to ensure compliance.

- Experience with the Balanced Scorecard (BSC) methodology and driving performance improvement.

- Excellent analytical skills, attention to detail, and the ability to think critically about business processes.

- Strong project management skills with the ability to manage multiple audits and initiatives simultaneously.

- Excellent communication skills, both written and verbal, with the ability to explain complex concepts to non-financial stakeholders.

- Ability to work independently, while also contributing to cross-functional teams.

Preferred Skills:

- Certification in internal auditing (CIA, CISA) or related certification is a plus.

- Experience with audit software or tools.

- Knowledge of ERP systems and financial reporting