Head of Audit

22 years

0 Lacs

Posted:21 hours ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As the Head of Audit for a manufacturing company, you will be responsible for leading the internal audit function. Your role will involve developing and executing risk-based audit plans, enhancing governance, ensuring compliance, and mitigating risks. Collaboration with senior leadership and internal as well as external stakeholders is crucial to drive a culture of transparency, risk control, and operational excellence. Your key responsibilities will include: Internal Audit Strategy & Planning: - Develop a Risk-Based Internal Audit Plan in alignment with business objectives. - Conduct risk assessments, considering emerging risks, M&A activities, partnerships, and previous audit findings. - Present audit plans and key findings to the Audit Committee & Senior Leadership. Audit Execution & Risk Management: - Lead audit teams in identifying key risks and suggesting corrective measures. - Perform root cause analysis and evaluate issue severity for effective remediation. - Collaborate with external/internal auditors to ensure comprehensive reporting. Compliance & Governance: - Ensure compliance with industry regulations, corporate governance standards, and risk management frameworks. - Conduct fraud investigations, special audits, and compliance audits as needed. Process Improvement & Automation: - Benchmark internal audit processes with industry best practices. - Implement audit automation tools to enhance efficiency. - Strengthen IT security compliance protocols to safeguard company data. Stakeholder Engagement & Reporting: - Enhance visibility and strategic value of the audit function through proactive stakeholder engagement. - Monitor audit recommendations for timely implementation and proper documentation. - Promote compliance and risk awareness through internal training sessions. Outsourcing Team Management: - Supervise the outsourcing audit team to ensure optimal performance and collaboration. Preferred Background: - Candidates must have experience in a listed company, preferably in the manufacturing industry. - Consulting backgrounds are not suitable for this role. Key Skills & Competencies: - Proficiency in Risk-Based Auditing, Internal Controls, Compliance, and Governance. - Strong background in fraud detection, forensic audits, and risk mitigation. - Skills in data analytics, audit automation, and IT security compliance. - Excellent leadership, stakeholder management, and communication abilities. - Analytical and problem-solving mindset with a strategic approach.,

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