Internal Control Officer

Job Description

Experience Range 10 - 18 Years Role : AVP/CM – Internal Controls Location : Mumbai Qualifications & Experience: ·CA mandatory Role requirements: Responsible for managing business processes and policies to maintain and strengthen internal controls. He/she would also monitor and maintain budgets, to ensure that spending is within established limits and that financial resources are used efficiently and effectively. He/she would also assist in audits and monitoring internal controls. He/she will work closely with the Head – Internal Controls, CFO and other key business executives. ·Manage business processes and policies to maintain and strengthen internal controls ·Analyze financial / non-financial data to identify trends and opportunities for improvement ·Monitor and maintain budgets, ensure that spending is within established limits and that financial resources are used efficiently and effectively ·Ensure quality control over financial transactions and financial reporting ·Provide external auditors with the necessary documentation and support ·Working with Finance Teams for Review of SOPs / IFC/ RCMs ·Run IFC Review with External Consultant ·Run Concurrent Audit / i.e. ensure observations are remediated, ensure adequate coverage of Finance Activities under CA ·Cost Control through Budget Compliance and Cost Reduction ·Adequacy of Controls in Budget Preparation ·Adequacy of Controls for all Analytics done for Senior Management ·Review of ICOFR Controls on Reporting ·Liaise with Regulatory Vertical for submission of responses in respect of SEBI Inspection comments specified for F&A ·Fact Check all Submissions for SEBI Inspection Team ·Check adequacy of IT Controls / Segregation of Duties in F&A across ·Check Timeliness of Activities in Treasury, Tax and Reporting Functions ·Review Adequacy of Controls in Finance Operations like Payroll, Vendor Payments, Taxation ·Ensure adequacy of controls on F&A Booking and Physical Verification ·Remediation of Internal Audit Observations ·Additional duties as necessary Show more Show less