Internal Audit - AGM/DGM

Educational Qualification - CA

Experience- 10-12 years of experience in a Internal Audit role (preferably in a manufacturing company).

Reporting to - Vice President - Internal Audit & Risk Management

Role Purpose

To oversee internal audit and risk management activities, ensuring strong internal controls, regulatory compliance, and effective identification and mitigation of business risks across the organization.

Key Responsibilities

Develop and execute a risk-based annual internal audit plan

Oversee and manage internal audit activities across all business functions

Evaluate the adequacy and effectiveness of internal controls, risk management, and governance processes

Provide recommendations to improve the efficiency and effectiveness of operations

Prepare and present audit findings and reports to senior management and the audit committee

Monitor the implementation of audit recommendations and corrective actions

Ensure compliance with internal policies, legal and regulatory standards

Liaise with external auditors and regulatory bodies as required

Lead, mentor, and develop the internal audit team

Stay updated on industry trends, audit tools, and best practices

Conduct internal audits at manufacturing locations

Review and monitor Statutory compliance of the company

Follow-up for implementation of audit recommendation

Coordination and support business team for process improvement, cost reduction, bridging control gaps etc

Identification and Assessment of Risks and preparation of Risk Register

Follow-up for implementation of Risk Mitgation plan

Regular monitoring of Risk Status and reporting

Key Result Areas (KRAs)

Internal Audit Planning & Strategy

Develop and execute a risk-based annual audit plan

Align audit activities with organizational objectives and regulatory requirements

Reviwing the internal controls framework for all the process and applicable functions

Co ordinate, review and discuss the work of Internal audit firms engaged

Actively identify opportunities for automation of process and controls

Risk Management & Control Assessment

Evaluate the effectiveness of internal controls and risk management processes

Recommend improvements for identified risks and gaps

Getting the IFC tested and present report of testing

Operational & Financial Audits

Oversee audits across departments including finance, IT, operations, procurement, etc.

Ensure compliance with applicable laws, policies, and procedures

Compliance & Regulatory Assurance

Monitor adherence to statutory regulations, standards, and internal policies

Liaise with external auditors and regulatory bodies

Audit Reporting & Recommendations

Present audit findings and actionable recommendations to the Audit Committee and senior management

Track and report follow-up actions on audit issues

Fraud Detection & Investigations

Conduct special audits or investigations in case of suspected fraud or irregularities

Technical Skills and Knowledge

CA equivalent professional certification

Minimum 10-12 years of internal audit experience, with at least 5 years in a leadership role

Strong understanding of risk management, internal control frameworks, and audit methodologies

Proven ability to influence and engage stakeholders at all levels

Excellent analytical, communication, and interpersonal skills

Experience of implementing Enterprise Risk Management COSO framework in manufacturing company

Command over spoken and written English language

Ability to articulate issues and draft internal audit reports

Report writing and presentation skills

Data analytics, audit analytics

SAP and MS excel deep working knowledge a must

Willingness to travel in India and overseas