Internal Audit Control

Responsibilities

• Develop and implement robust internal control policies, procedures and frameworks to minimize risk and ensure compliance with regulatory requirements for Indi Region.
• Conduct regular risk assessments and internal control assessments to identify potential weaknesses or vulnerabilities.
• In charge of risk assessment, internal audit planning and execution, and remediation plan monitoring at site level; periodic travels to various plant sites and project sites are required; this position is based in Pune;
• Work with cross-functional teams to evaluate existing processes and identify opportunities for improvement in control design and process efficiency.
• Develop and implement monitoring and testing procedures to evaluate the effectiveness of internal controls and identify control deficiencies.
• Provide guidance and training to employees on internal control processes, including control self-assessment and problem solving.
• Keep abreast of industry best practices and new trends in internal control, accounting, and regulatory compliance.
• Lead or participate in special projects and investigations related to internal controls, fraud prevention, and process improvement initiatives.
• Cooperate with the external auditor to conduct audits and make audit recommendations.
• Prepare and submit internal control assessment reports, findings and recommendations to senior management.

Requirements

• Above 10 years experience of internal auditing and internal control implementation; above 7 years experience in manufacturing sector, preferably wind turbine or automobile industry.
• Deep understanding of internal control frameworks and regulations (e.g. COSO or SOX) and their application in an enterprise environment.
• Renown professional firm experience (e.g. big four or second tier firms), exposure to internal investigation, and experience with international corporations are preferred;
• Strong analytical and problem-solving skills, able to evaluate complex processes, identify control gaps or weaknesses.
• Excellent communication and interpersonal skills with the ability to work effectively with cross-functional teams and top management.
• Have the ability to think strategically in control, design and process improvement, balance practical participation in process execution.
• Professional certification from an accredited body such as Internal Auditor (CIA), Certified Accountant (ACCA) is preferred.
• Proficient in using accounting software and Microsoft Office (especially Excel) for data analysis and reporting.
• Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.

Position Competencies:

• Risk Management Capability: Able to identify external regulatory risks and business operational risks, and independently complete specialized governance tasks such as risk assessment, risk response, and risk monitoring.
• Project Management Capability: Independently undertake internal control evaluation work and organize relevant professional departments to conduct regular supervision of evaluation targets.
• Communication and Collaboration Skills: Engage deeply with business departments and strengthen communication and interaction with them to understand the companys strategy, business objectives, pain points, and management improvement needs