Head - Internal Audits & Risk Management - Manufacturing - CA

Company: Listed steel manufacturing company.

Responsibilities:

Internal Audit

• Develop and execute a risk-based annual internal audit plan covering steel manufacturing, mining, power, and infrastructure operations.

• Lead audits across Finance, Business Operations, Sales, Procurement, Logistics, Projects, HR, Safety, Occupational health, and IT (SAP/ERP).

• Ensure effective evaluation of controls in high-risk areas such as blast furnace, SMS, coke oven, rolling mills, utilities, Raw Material, Consumables and FG inventories, and RM and FGlogistics.

• Conduct techno-commercial reviews of large projects, contracts, and capital expenditures.

• Perform/Support forensic audits and fraud investigations, ensuring timely corrective actions.

- Present key audit findings and recommendations to the Audit Committee and Senior Management Team.

Risk Management

• Establish and strengthen Enterprise Risk Management (ERM)aligned with COSO/ISO frameworks.

• Identify strategic, operational, financial, compliance, safety, and ESG risks across the business value chain.

• Maintain a comprehensive risk register and conduct periodic risk assessments.

• Develop mitigation plans in collaboration with business leaders and track implementation.

- Drive integration of risk management into business decision-making and project evaluations.

Governance & Compliance

• Ensure compliance with statutory requirements, SEBI, Companies Act, and global best practices.

• Monitor SOX/ICFR controls and IFC implementation across processes.

• Promote ethical culture, whistleblower mechanism, and anti-fraud frameworks.

- Support management in sustainability, safety, and ESG-related risk reviews.

Leadership & Stakeholder Management

• Lead a multidisciplinary team of auditors, risk specialists, and forensic experts.

• Engage with Audit Committee stakeholders, senior plant leadership, and regulators as required.

• Collaborate with cross-functional teams (Finance, Operations, IT, EHS, Procurement, Projects) to implement corrective actions.

- Build digital capabilities in internal audit(analytics, AI, continuous auditing, RPA).

Qualifications & Experience

• Chartered Accountant (CA) / Certified Internal Auditor (CIA) / CISA or equivalent.

• 15-20years of experience, with at least 10 years in lead roles in Internal Audit & Risk Management.

• Strong exposure to steel, manufacturing, mining, or large-scale industrial projects.

• Hands-on experience in ERM frameworks (COSO, ISO31000, FMEA), SOX/ICFR compliance, and SAP/ERP audits.

- Proven track record of handling board-level reporting, governance, and cross-border audits.

Key Competencies

• Strong knowledge of steel plant operations, process risks, and project techno-commercial reviews.

• Analytical mindset with expertise in data analytics, risk modeling, and forensic reviews.

• High ethical standards, independence, and ability to challenge constructively.

• Excellent leadership, communication, and stakeholder management skills.

- Strategic thinker with ability to link audits with business performance and cost optimization.