Executive – Internal Controls

Role Purpose

This role is accountable for the effective implementation, monitoring, and ongoing enhancement of the internal control framework within Grindwell Norton Limited (GNO), in accordance with the Group's Internal Control Reference Framework (ICRF). The position plays a critical part in facilitating risk mitigation, ensuring regulatory compliance, and enhancing operational efficiency.

Key Responsibilities

Control Implementation & Monitoring

• Design and maintain robust internal control systems aligned with entity-specific risks and Group ICRF requirements.
• Conduct comprehensive process reviews across GNO businesses at various locations to identify control gaps and improvement opportunities.
• Monitor the effectiveness of established controls and recommend compensating measures as necessary.
• Execute action plans to address gaps identified through process reviews, internal audits, or statutory audits.
• Develop, review, and periodically update Standard Operating Procedures (SOPs).
• Identify and disseminate best practices across GNO entities.
• Support the annual compliance statement process and ensure timely management reporting.
• Collaborate with external and internal auditors regarding IFC reviews and reporting requirements.
• Review relevant compliance matters and oversee exception mitigations.
• Evaluate internal control reports (e.g., checklists, dashboards) and drive prompt resolution of outstanding issues.

Risk Management & Reporting

• Partner with operational and functional teams to identify and assess business risks.
• Coordinate risk mapping exercises and incorporate findings into control processes.
• Leverage analytical tools such as Tableau, Power BI, and Celonis to detect potential control weaknesses.

Training & Communication

• Deliver onboarding sessions on internal controls for new employees and facilitate ongoing staff training.
• Actively participate in internal control forums, provide updates on pertinent developments, and engage with external risk management associations.

Stakeholder Engagement

• Advise and support entity management on internal control-related matters.
• Liaise with ICRF representatives, participating in regional conferences and knowledge-sharing forums.
• Organize meetings and knowledge exchange initiatives to promote and embed best practices.

Required Qualifications & Skills

Education

• Chartered Accountant (CA), ICWA, or an equivalent qualification in Finance or Risk Management.

Skills

• Comprehensive understanding of internal control frameworks.
• Proficiency in audit methodologies and associated analytical tools.
• Strong analytical skills, with proven experience in risk assessment and control design.
• Advanced communication both verbal and written and stakeholder management capabilities.

Experience

• 2–3 years of relevant experience in internal control, audit, or compliance functions, preferably within the manufacturing sector.