Internal Control - COE

Internal Control - COE

Key Responsibilities:

Compliance - Running Quarterly/Monthly control self assessment and Reporting on non conformance on financial processes

• Report control deficiencies, risk events, and policy deviations to relevant stakeholders, escalating issues based on below IC-COE reports on Monthly basis.
• Status of CCM - Monthly Controls
• Status/closure of quarterly CSA Controls
• Comments analysis and redressal
• Preparation of CSA & CCM Dashboards

Internal Audit /Statutory Audit observations review and closure of open points

• Review of Executive summary of the completed audits.
• Mapping of internal audit point with concerned department and owner.
• Mapping of owner name with IC-COE Control register.
• Discussion with the control owners to understand reasons of control failure and corrective actions.
• Supporting documents for Internal Audit as and when required related to GRC.

ERM - Refresh of Risk register & Business continuity plan

• Risk Register update
• KRI Dashboard creation, updation, monitoring and reporting to CFO.
• ERM Audit Committee/ Board Meeting/RMC Meeting presentation creation
• Coordination with other departments if required for adding new risk

Management of Integrated Controls Framework

• Preparation/co ordination of base management Presentation for IC-CoE control framework covering the background, current status of controls, projects and the scope
• Support Statutory auditors in data collection and user discussion for control testing
• Training and explaining IC-COE to new control owners [ with change in OCN new joinings )
• Adhoc MIS about RCM/CCM etc
• Maintaining updated and historical data files for RCM

Testing of Control self assessment (CSA ) and Support External and Internal Auditors on testing of Internal Controls over Financial Reporting (ICFR):

• Monthly reminders to the stakeholders for ensuring the completion of the monthly checklist closure
• Conducting testing of all ICFR controls.
• Setting up discussion with concerned department and control owners to support external consulting team as and when required
• Enhance Operating Effectiveness and Identifying Control Automation flow for Internal Controls over Financial Reporting (ICFR).
• Efforts for process automation.

Policy / SOP/Procedure / DOA follow up, maintenance and distribution:

• Ability to create standard operating process (SOP)
• Ability to Create Delegation of Authority (DOA)
• Ability to Interact and work in close coordination with Finance Process owners / Other business process owners
• Review and updation of Policies & SOPs yearly and on requirement basis after the discussion with FBPs and heads.
• DoA implementation, updation & maintenance across all the departments as per the OCN or on request basis by the FBPs
• REONE portal upload of relevant DoA, Policies and SOPs with the help of Sarah and HR-OPs team
• Maintenance of DoA intimation ids in system as per the PR matrix available in the system.

Implementation of the IC-COE Framework for the International Subsidiaries

• Implementation & maintenance of IC-CoE framework (CSA Controls)
• Presentation and Data Analytical Capabilities are essential - Should be able to prepare board presentations & Analytics.

Qualification :

• Qualified charted accountant (CA)
• Bachelor's degree or equivalent experience in Accounting or Finance
• 3+ years' of experience of relevant experience
• Strong communication and analytical skills.