GRC (Governance, Risk & Compliance) - Finance

Job Role:

Strengthen the organization's Governance, Risk & Compliance (GRC) framework by driving process governance, internal financial controls (IFC), policy formulation, risk assessment, audit management, and business process transformation. Lead cross-functional initiatives to enhance operational excellence, improve control effectiveness, and support strategic automation projects across the organization.

1. Governance & Policy Management

• Develop, review, and implement Standard Operating Procedures (SOPs), policies, and governance frameworks.
• Standardize business processes across functions to improve operational consistency.
• Ensure governance practices align with business objectives and regulatory requirements.

2. Internal Financial Controls (IFC) & Risk Management

• Design, evaluate, and strengthen Internal Financial Controls (IFC).
• Conduct risk assessments and recommend effective mitigation strategies.
• Monitor control effectiveness and ensure sustainable compliance across business functions.

3. Internal Audit Coordination

• Coordinate with Internal Audit teams for planning, execution, and closure of audit observations.
• Track corrective actions and ensure timely implementation.
• Support management in reducing control gaps and preventing repeat observations.

4. Process Improvement & Business Transformation

• Lead process review and redesign initiatives to improve operational efficiency.
• Support automation projects including workflow optimization and system-driven controls.
• Drive continuous improvement initiatives across corporate and business units.

5. Procurement & Process Governance

Support governance and control design for procurement transformation initiatives.

• Review workflows, approval mechanisms, and control matrices.
• Ensure governance requirements are embedded within digital platforms and business processes.

6. DOFP & Approval Framework

• Develop, standardize, and automate Delegation of Financial Powers (DOFP) across group entities.
• Ensure alignment of approval authorities with organizational policies and governance standards.
• Continuously review approval structures based on business requirements.

7. Stakeholder Management

• Collaborate with Finance, Procurement, Sales, Marketing, Operations, IT, and Group Companies.
• Work closely with leadership teams to drive governance initiatives and organizational transformation.
• Facilitate workshops, governance reviews, and cross-functional discussions.

8. Compliance & Monitoring

• Monitor compliance with internal policies, statutory requirements, and governance standards.
• Prepare dashboards, MIS reports, and governance updates for senior management..

Functional Competencies:

• Governance, Risk & Compliance (GRC)
• Internal Financial Controls (IFC)
• Enterprise Risk Assessment
• Internal Audit Coordination
• SOP & Policy Development
• Business Process Mapping & Improvement
• Process Automation & Digital Transformation
• SAP ERP Knowledge
• Control Design & Testing
• Data Analysis & MIS Reporting
• Stakeholder Management
• Project Management

Desired Qualification:

CA / MBA (Finance) or equivalent professional qualification.

8 to 12 years of relevant experience in Governance, Risk & Compliance