Internal Audit And Risk Management

Department Icon Audit & Control
Posted: 4 months ago
4-12 years
Bengaluru / Bangalore, Karnataka
Audit & Control
work from office
Full Time

Posted: 4 months ago
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Job Description

About Us:

Exide Energy Solutions Limited is a wholly owned Subsidiary of Exide Industries Limited, leading battery manufacturing and distribution company in India with annual revenues of $1.8+ Bn. Exide Energy Solutions Limited is investing $500+ Mn dollars to setup Indias first Giga plant to manufacture Lithium-Ion Cells at Devanahalli Industrial Area in Bengaluru. Exide Energy designs, develops, and manufactures Lithium Ion Cells and Battery Pack solutions for various energy storage. Exide Energy is a leading player in the market with OEM customers across key market applications – 2W, 3W, 4W, CV and industrial applications. Exide is also deeply invested in further developing li-ion technology with significant R&D investments including setup of in-house team as well as necessary lab infrastructure to support development activities.

Main Responsibilities:

  • Conduct risk assessments across all manufacturing operations, including production, supply chain, utilities, and projects.
  • Identify operational, financial, regulatory, safety, and strategic risks.
  • Develop risk registers and risk scoring systems to prioritize mitigation efforts.
  • Design and implement risk mitigation strategies, internal controls, and contingency plans.
  • Collaborate with operations, engineering, quality, and finance teams to implement preventive measures.
  • Monitor effectiveness of mitigation plans and update strategies as needed.
  • Ensure adherence to regulatory, legal, and industry standards.
  • Prepare risk reports, dashboards, and KPIs for senior management and stakeholders. Support internal and external audits related to risk management and control effectiveness.
  • Conduct risk awareness sessions for employees and management.
  • Promote a risk-conscious culture throughout the organization.
  • Benchmark risk management practices against industry best practices.
  • Drive process improvements, cost reduction, and safety initiatives based on risk insights.

Key Internal Interfaces:

  • Operations / Production: Identify operational risks, monitor process compliance, and implement mitigation measures.
  • Quality / EHS / Safety Teams: Coordinate on safety, regulatory compliance, and quality related risks.
  • Finance / Accounts: Assess financial risks, monitor budgets, and control cost-related exposures.

Key External Interfaces:

Knowledge of industry standards and safety systems

Qualification:

Chartered Accountant

Experience:

  • 4+10 years experience in risk management, internal audit, compliance, or operational risk roles, preferably in manufacturing.
  • Professional certifications such as IRM, FRM, or equivalent are a plus.

Desired Skills:

Functional

  • Risk assessment, mitigation, and internal controls
  • Regulatory and compliance knowledge
  • Data analysis and reporting
  • Audit and process monitoring
  • Project/process management in manufacturing

Behavioural

  • Analytical thinking and problem-solving
  • Proactive and detail-oriented
  • Strong communication and collaboration
  • Integrity and ethical judgment

Skills

AuditAuditsInternal AuditAccountsExternal AuditsCost ReductionInternal ControlsProcess ComplianceProcess ManagementSafetyReportingChartered Accountant

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