Chief Internal Auditor

Provides assurance to the Board (Audit, Risk and Compliance Committee) and Executive Management on the adequacy and effectiveness of internal controls in the Corporation. Coordinate the execution of enterprise risk management process to enable a systematic identification, evaluation of risks and development of risk mitigation strategies as well as reporting and monitoring of risk management activities.

• Monitoring and Review of Audit Reports prepared by internal audit team/ concurrent audit team.
• Preparing Department wise consolidation of audit- observations on periodic basics & forwarding the same to the respective department heads for appropriate action.
• Builds the results of the risk management work into development of the internal audit programme and frame a RBIA mechanism.
• Assists in development of the Company's annual audit plan across all divisions, verticals, departments.
• Manages performance of audit assignments, reviews audit reports; edits reports prepared by other auditors.
• Schedules and plans audits; initiates project planning, assess risk and develops audit direction.
• Performs preliminary planning and establishes direction for audits, provides leadership to assigned auditors, manage project to quality outcomes, while meeting established time budget.
• Performs audit work, including plan preparation and associated reports; verifies the accuracy of financial records as they pertain to assets, liabilities, receipts, expenditures, and related transactions.
• Keeps abreast of internal audit policies and procedures, current developments in accounting and auditing professions and changes in laws and regulations as applicable.
• Responsible for the development, implementation and maintenance of policies, objectives, short- and long-range planning; develops and implements projects and programs to assist in accomplishment of established goals.
• Develops and provides training to the staff of the Corporation on internal audit related matters.
• Manage the risk in the Corporation and ensure the production of a corporate risk register on an annual basis.
• Designs and implements a best practice risk management framework including policies and strategy.
• Facilitates risk management workshops where required by in identifying and analyzing all major risks annually.
• Oversees and implements the plan of risk control actions (e.g. purchase of insurance or other risk financing options, health and safety measures, business continuity plans).
• Monitors management responses to risk.
• Appropriates risk reporting to Management and the Audit, Risk and Compliance Committee.
• Assists management in selection and implementation of measures to control and mitigate risks.

Bachelors Degree in Accounting / Auditing, Finance or Risk Management or any other equivalent qualification

• Professional qualification such CA