AGM / DGM - Internal Audit, 12 to 18 years in Mumbai

1. Conduct & supervising ongoing audits and follow-up on action plans as outlined in the audit Plan, identifying critical control issues, and recommending corrective actions

2. Effectively complete the annual audit program through planning and conducting internal audits to evaluate inventory & financial controls, operational effectiveness, and operation efficiencies

3. Review compliance with Company policies and procedures. Document and implement new policies and procedures as needed and propose recommendations to enhance internal controls

4. Ensure that audits are conducted as per the approved internal audit plans and audit reports are issued within stipulated time frames. Visit Divisions for final discussions related to audit observations with Division Staff. Also ensure that timely action plans in response to the recommendations made in the audit reports are received from the respective Divisions/Departments

5. Critical evaluation of internal Controls, purchase orders, performing GAP analysis and suggesting areas for strengthening, Constructive review of Business operations

6. Analytical review of financial statements and evaluation of internal control systems to carry out Internal / Financial / Operational / Cost / Management Audits

7. Designing and implementing strategic cost management systems / Conduct Audits of all departments and suggest improvements in systems

8. Ensure testing corrective actions are implemented by concerned departments in specified time.

9. Investigate specific areas and submit report

10. Follow up of audit practices and ensure legal compliances and accounting standards

11. Identifying areas of revenue leakages and betterment of processes performing investigations, sales channel reviews, revenue audits, process reviews

12. Evaluate systems related bottlenecks in operations and information system and recommend process change / improvements for minimizing / eliminating them and improving efficiency

13. Identify potential areas where savings can be achieved by way of cost control, cost rationalization and ensure that corrective measures are implemented to achieve desired results

14. To carry out process audit to identify areas of improvements and suggest measures to strengthen the control systems

15. Designing and implementing risk assessment process and matrix module

16. Review and evaluate adherence to Corporate Governance norms

17. Monitor the implementation of various policies of the management

18. Evaluation of the risk framework to ensure adequate controls to mitigate risks to an acceptable level

19. Effective communication of audit findings in the form of effective report and follow up to ensure recommendations are implemented