Internal Audit Manager

• Manages and leads complex and challenging risk-based internal audits for functions/process across assigned business units, producing reports and recommendations to ensure compliance. Thereby provides independent objectives assurance designed to improve operational efficiency, internal control and governance.
• Team Management - Review, Monitor and Manage audits (Functional and Store)
• Audit & Control - Independently perform preliminary audit plan, planning & execution of function/process audits and provide quality output within the established timelines; Perform preliminary risk assessment, assign auditors and manage audits to quality outcomes with in established timeline; Recommend critical processes to be documented and maintained for process efficiency and improvement; Plan and design the audit framework, determine the audit scope and develop annual audit plan; Control the full audit cycle including risk and control management over operations’ effectiveness, financial reliability, IT and compliance with all applicable directives and regulations; Finalize mitigation plan for findings/control gaps and ensure its implementation; Improvise quality of and efficiency in internal audit by: Adequate business analytics, Suggesting leading industry-wide practices, Suggesting controls to mitigate gaps;
• Data Analysis, Reporting & Monitoring Progress - Prepare summary, draft and final report as per Internal Audit Practices for senior management; Document risks and communicate them to appropriate departments and personnel of the organization; Track implementation and follow up of audit observations reported in internal audit reports; Conduct follow up audits to ensure implementation of audit and risk mitigation findings; Assist CEO and CFO in preparation of Board presentation and any other presentation as and when required (with regards to internal audit); Suggest leading industry practices and conduct detailed business analysis to improvise quality and efficiency of IT audits.
• Special Assignments - Partner with the business or management team to establish business needs and provide inputs with regards to internal controls in the respective areas; Prepare periodic internal audit bulletins to keep abreast of policies and procedures, emerging trends and successful practices in internal audit;