Impact of the Role
This role will manage all IA (audit, assurance, risk & governance) activities for group entities and ensure compliance with major regulations by carrying out thorough assessments and improvements on the effectiveness of the company’s control, risk management, and governance processes.
The role will also provide strategic support in decision-making to top management through financial reporting, quality analysis, business review, and identification of key trends across industries for continuous operational and financial improvement.
It will further entail working on key strategic projects including M&A transactions and internal restructurings within the group.
Job Responsibilities
Key Result Deliverables
Internal Assurance
- Examine and evaluate the effectiveness of internal control, risk management, and governance systems and processes of the company, including outsourced activities, subsidiaries, and branches.
- Manage audits including evaluation of internal controls, performing and documenting audit test work, communicating audit issues to management, writing audit reports, and identifying & evaluating emerging areas of organizational risk.
- Perform financial, operational, compliance, and other types of audits in accordance with relevant laws, regulations, and the company’s internal audit program, while considering lean audit techniques to enhance efficiency.
- Confer with management on issues such as the creation of monitoring techniques, risk management, and internal controls.
- Review systems for ensuring code of conduct, compliance with regulatory/legal requirements, and the implementation of procedures and policies.
- Periodically report all audit work (internal and outsourced) to senior management, along with assessments and findings.
Corporate Finance
- Assist in robust and structured business review, governance, and financial reporting processes for group companies.
- Support commercial decisions with financial analysis for respective businesses and highlight areas of concern.
- Monitor and update management on changes in the business environment such as regulatory enactments or competitor activity.
- Benchmark business performance and strategy with peer companies in both domestic and international industries.
- Conduct monthly engagement with external investors on financial and operational performance as part of fundraising activities (including Balance Sheet review, P&L review, CAPEX review, new project status, pipeline status, operational KPI review).
- Drive business and financial planning including preparation of long-range plans (5–10 years) and annual operating plans in collaboration with multiple functions and SBU teams.
- Develop CAPEX plans, cash flow projections, valuation, IRR, fund requirements, and sensitivity analysis for greenfield and brownfield projects.
- Forecast OPEX and CAPEX for the current year based on stakeholder inputs.
- Conduct variance analysis of actual performance vs. Budget (Month-on-Month, Quarter-on-Quarter, Year-on-Year).
- Review Balance Sheet and schedules, highlighting required actions to stakeholders on a quarterly basis.
Key Initiatives at Jt. MD’s Office
- Conduct cross-domain analysis of M&A transactions/internal restructurings and enable execution.
- Support the Corporate Sponsor & BD team in evaluating acquisitions of new ventures within India and overseas.
- Benchmark business performance and strategy with peer companies across domestic and global industries.
- Suggest and drive improvements in operational performance through business process re-engineering.
- Drive key initiatives and strategic projects under the Jt. MD’s office.
Skills and Qualifications Required
- Chartered Accountant with 5–7 years of experience in internal assurance in industries such as banking, real estate, or insurance.
- Highly process-centric, with expertise in internal audit processes, operations, procedures, and policies, including laws and regulations guiding various types of audits (IT, operational, compliance, financial, and others).
- Strong understanding of best practices, new developments, and current trends in the audit domain; keen interest in new technologies and their applications.
- Business and commercial acumen to understand diverse industry business and delivery models.
- Entrepreneurial spirit with a proactive attitude, inquisitive and analytical mindset.
- Excellent communication skills with the ability to interact and build rapport with senior stakeholders and operational teams with required maturity.
