Internal Audit Executive

Key Responsibilities 1. Audit Management

• Plan, initiate, coordinate, review, monitor, and close:

• Internal Audits

• Concurrent Audits

• Track audit observations and ensure timely closure of action points.

• Prepare and present audit findings to the Audit Committee and senior management.

2. Internal Financial Controls (IFC) & Entity Level Controls (ELC)

• Maintain and update the IFC framework.
• Ensure effective design and operating effectiveness of controls.
• Conduct periodic testing and documentation of controls.
• Coordinate with process owners for remediation of control deficiencies.

3. SOP Governance

• Review existing SOPs for adequacy and relevance.
• Update SOPs in line with business, regulatory, and process changes.
• Drive implementation and adherence across functions.
• Monitor compliance with approved SOPs.

Projects & Strategic Initiatives

• Support management in special assignments and projects.
• Review control implications of new business initiatives, strategic transactions, and process changes.
• Recommend process improvements and risk mitigation measures.

5. Independent Audit Execution

• Conduct risk-based audits independently.
• Identify process gaps, control weaknesses, and compliance issues.
• Prepare audit reports with practical recommendations.
• Follow up on closure of audit observations.

Key Skills Required

• Internal Audit
• Risk Management
• Internal Financial Controls (IFC)
• SOP Development & Review
• Process Audits
• Audit Committee Reporting
• Project Management
• Analytical & Problem-Solving Skills
• Strong Communication and Stakeholder Management