Associate General Manager - Management Audit & Assurance Services

Associate General Manager - Management Audit & Assurance Services

Responsibilities

Team Lead - MAAS

Audit and Compliance:

Execute the internal audit plan as defined by the Sector Head, managing the operational details to ensure comprehensive audit coverage across assigned business units.

Oversee and coordinate with third-party auditors, ensuring alignment with the internal audit framework and resolving any discrepancies between internal and external audit findings.

Conduct compliance checks and monitor adherence to internal policies and regulatory requirements, escalating critical compliance risks to the Sector Head.

Maintain detailed records of audit activities, ensuring all audit findings are accurately documented and communicated effectively to internal stakeholders and external auditors.

Recommend operational improvements and process efficiencies based on audit findings, working to implement changes in collaboration with internal teams.

Corporate Governance and Risk Management:

Identify and report operational and compliance risks specific to each business unit, providing insights to help shape the Sector Head's risk management strategy.

Collaborate with unit leaders to address high-risk areas identified through audits.

Act as the point of contact for business unit managers on governance and compliance matters, ensuring timely responses to risk and compliance inquiries.

Support sector heads in engaging with the Audit Committee and Risk Management Committee to comprehend their expectations and ensure that the necessary follow-up actions are executed, including aspects such as the internal audit budget, resource allocation, and co-sourcing strategies

M&A Advisory Support:

Manage integration audits for acquired entities to ensure their processes align with the internal governance and compliance framework.

Internal Investigations:

Manage the operational aspects of investigations into compliance violations, ensuring all evidence is collected systematically and securely.

Handle whistleblower cases under the guidance of the Sector Head, managing the process to ensure compliance with internal protocols and confidentiality standards.

Compile detailed investigation findings and summaries for review by the Sector Head, outlining key issues and potential corrective actions.

Quality Assurance and Control:

Monitor the quality of audit processes, implementing corrective actions and improvements as needed to maintain high standards.

Ensure that internal audit methodologies, as set by the Sector Head, are applied consistently across all audits, adjusting based on specific unit needs.

Track and report on key performance indicators related to audit effectiveness, efficiency, and stakeholder satisfaction, providing feedback to the Sector Head.

Key Stakeholders - Internal

Business CEOs

Business CFOs

Business HODs

Group Finance Team

Group Legal Team

Key Stakeholders - External

Audit Agencies

Regulatory Bodies

Qualifications

Educational Qualification:

CA / CPA / CIA

MBA - Finance (desired)

Work Experience (Range of years):

10+ years of work experience