Internal Audit & Compliance - AP

KRAs and Key Activities :

• Establish and implement a comprehensive governance system, ensuring robust control frameworks and compliance.
• Oversee governance measures including review of statutory auditor presentations on control matters, transactional data analysis, and development and monitoring of internal controls.
• Monitor and ensure timely closure of unresolved internal audit issues.
• Contribute to the preparation of controls aligned with the Accounts Payable (AP) Annual Operating Plan and Long-Term Business Plan.
• Identify strategic initiatives and drive execution to achieve business plans and organizational goals.
• Lead digital transformation initiatives to enhance business efficiency and innovation.
• Design and manage transformation program plans, including operational excellence and continuous improvement frameworks.
• Spearhead operational excellence projects incorporating Lean, Six Sigma, and automation methodologies to deliver significant business impact. Standardize reporting formats and KPIs, enhancing the management-reporting framework for improved decision-making.
• Review monthly management reports to highlight focus areas for leadership and guide strategic actions.
• Analyse process gaps and implemented process improvements to optimize operational workflows.
• Demonstrate strong expertise in Internal Controls over Financial Reporting (ICFR) to mitigate risks and ensure compliance.
• Ensure adherence to organizational policies and procedures through on-ground validations and audits.
• Develop and execute transition program plans to effectively move and integrate identified processes.
• Analyse cost of staffing versus required expertise and client benefits to optimize resource allocation.
• Manage end-to-end project delivery including transition, client engagement, SLA negotiation, team training, and coordination with software teams for automation.
• Support the FFSC leadership in driving Robotic Process Automation (RPA) initiatives.
• Bridge gaps between accounting teams and software development teams to customize accounting processes.
• Manage evaluation, transition, and post-transition stabilization of new business processes into Global Business Services (GBS) for AP, AR, and RTR functions.
• Identify and expand scope for shared services based on evolving business needs and group priorities.