Deputy Manager - Internal Audit

Job Purpose

Execute Management Audit Plan of the assigned Units and assist the Business Audit Head in
achieving CMA goals/objectives. Conduct audit related to control environment operations
cost reduction methods avoidable losses & prevention and detection of frauds and prepare
draft report and submit to concerned functional heads.

Job Context

The Corporate Management Audit function is committed towards system
perfection across the Group in India and Overseas by continuous evolution implementation and
review of controls Corporate Governance and mitigation of risks cost reduction methods
effective MIS and Statutory Compliance across the Group.

The function regularly shares information best practices among the Units helps the Group to
keep pace with the fastchanging business scenario and enables value addition to the
stakeholders.

Corporate Management Audit ensure that organisation is managing its resources economically
and efficiently in various areas viz. Commercial Technical Sales Marketing Purchases Project
Management Manufacturing Logistics Legal MIS Civil costing etc. and adding value to the
overall business.

The Corporate function has been making significant contribution to Units by suggesting cost
reduction avoidable losses prevention and detection of frauds and Risk & Control
improvements annually.

Major Challenges:

1. The job demands monitoring problem solving learning ability and
communication.

2. To obtain acceptance / action plan from management (Functional Head
Department Heads at Units) for implementation of control and system as suggested in Audit
reports.

Key Results Area

KRA1 Conduct Management audits at assigned Unit in line with the approved audit
plan and any other areas considered by CAH.
Perform effective reviews of the audit assignment to ensure indepth audit coverage.
Coverage of assigned areas as per plan.
Communicate and coordinate with Unit departments and TMs.

KRA2 Identify Key Findings and prepare Draft Reports and assist to CAH in finalization of
report released.
Prevention & Detection of frauds.
Identification of cost saving opportunity revenue leakages.
Carry out the investigative work and conduct market study.
Report cases of Code of conduct or values violations.

KRA3 Review of Internal Control and Risk Management of the Unit.
Timely submission of review reports and suggestions on process/ system improvement.

KRA4 Conduct Special Assignment as and when assigned by CAH & Prepare Draft Reports and
submit to CAH.
Timely completion of Special Assignment by submitting reports.

KRA5 Discuss with the Unit management to implement the agreed action plan of the previous
reports and submit the action taken reports (ATR) to CAH.
Timely submission of the ATR.
Followup open issues / target dates of action to be taken on audit observations.

KRA6 Identifying training needs of the team members upon discussion with the CAH.
Completeness of MDP.
Demonstration of key learnings from trainings.

Problem Solving,Reviews,audit,risk management