Chief Manager - Internal Audit & Risk Management

India Power invites qualified Chartered Accountants, preferably with 15 plus years’ experience, to lead the internal assurance function by planning and executing internal audits, monitoring enterprise risks, and assisting in ESG data collation and BRSR reporting to ensure governance, compliance, and sustainability performance within the organization.

The role will encompass the following aspects-

Internal Audit

• Execute audits across departments (financial, operational, technical, and regulatory), as per the audit plan, including verification of documents/bills received from various departments as per SOPs.
• Review controls, identify process gaps, financial leakages, and control weaknesses, and recommend actionable remediation plans and corrective measures.
• Prepare comprehensive audit reports with findings, risk ratings, and actionable recommendations, and track closure of findings.
• Work closely with other departments, including finance, operations, and IT, to gather necessary information and ensure a thorough audit process.
• Support the external/statutory auditors with their requirements.
• Keep abreast of industry best practices in internal audit, regulatory changes, and emerging risks to continuously enhance the audit function's effectiveness.

Risk Management

• Assist in identifying and documenting enterprise risks across departments.
• Support in maintaining and updating the risk register.
• Conduct periodic risk assessments with functional heads
• Monitor key risk indicators (KRIs) for different functions impacting business, operational, financial and regulatory performances and report exceptions.
• Support risk assessment workshops and mitigation plans.
• Assist departments in developing and implementing risk mitigation controls.

Some key attributes desired of this role

- Chartered Accountant with certifications like CIA/CISA, preferably MBA (Finance)

- Exposure to financial accounting and bill processing will be preferred

- 10–15 years in audit, preferably in the power distribution/utility sector/manufacturing, or infrastructure

- Exposure to SAP / ERP-based systems is essential.

- Experience in auditing policies, standards, and procedures.

- High attention to detail.

- Sound independent judgment.

- Strong analytics and audit skills.

- Excellent communication skills - ability to communicate and collaborate with functional / business heads/ management.

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