Manager/Sr. manager-- Internal Audit

Key roles & Responsibilities:

1. Audit Facilitation:

o Coordinating and supporting the internal audit team to conduct audits as per the annual audit plan.

o Ensuring audit schedules are followed and facilitating the necessary access to data and personnel.

2. Analytical Reviews:

o Conducting Cost-Benefit Analysis to weigh expenses against benefits for informed decision making.

o Performing Budget Variance Analysis to compare actual spending against budgeted figures.

o Carrying out Root Cause Analysis to identify underlying causes of issues or variances.

3. Risk Management:

o Identifying control gaps in current processes, assessing potential risks, and drafting a Risk Control Matrix (RCM) to track and mitigate risks effectively.

4. Functional Audits: Performing audits across various departments and functions, including: Dealer Marketing Audit reviewing compliance and performance in dealer/marketing activities.

Branding Audit – ensuring brand-related activities align with company policies.

Purchase Audit – verifying purchasing practices and procurement controls.

HR Audit – examining human resources policies and practices for compliance and efficiency. Finance Audit – assessing financial transactions and controls.

Systems & Process Audit – evaluating the robustness and efficiency of operational systems.

Manufacturing Audit – focusing on production efficiency and compliance.

5. Standard Operating Procedures (SOPs):

o Reviewing and developing Standard Operating Procedures (SOPs) to standardize processes and promote best practices.

6. Audit Planning & Reporting:

o Creating the Annual Audit Plan based on identified risk areas and organizational needs.

o Conducting MIS Reviews to assess information systems and reports for accuracy and reliability.

o Preparing Management Reports to summarize findings, observations, and recommendations from audits.

o Using Data Analysis to interpret findings and support recommendations.