Manager - Internal Audit

Job Summary

The role is an excellent opportunity for an Internal Audit professional wanting to develop their career in a fast-paced and dynamic environment. The objective of this role is to carry out audits through all phases of the audit process from planning, audit fieldwork, developing recommendations and following up on these to ensure timely implementation.

This role has a direct exposure to senior leadership team of TATA Starbucks.

Summary of Key Responsibilities

Planning:

• Plan and conduct the opening meetings with auditee to explain the scope and objectives of the audit engagement to auditee and provide an overview of all steps in the audit process.
• Develop a thorough understanding of business processes, policies, SOPs and practices in scope for assigned audits and document the processes in flowcharts and/or process narratives.
• Identify and document inherent risks and controls within the business processes
• Identify and carry out pre-planning work to narrow down on the focus areas

Fieldwork:

• Responsible as Lead auditor during the fieldwork
• Develop a risk-based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology
• Perform audit tests and prepare working papers in accordance with professional IIA standards
• Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives. Identify and document control and process weaknesses and provide evidential support for findings
• Propose practical and value-added recommendations to address control weaknesses and/or process inefficiencies

Reporting:

• Participate in closing meetings with business owners, along with the co-sourcing firm and internal staff to facilitate seamless and conclusive alignment of engagements.
• Responsible for preparation of a concise and informative audit report to effectively communicate the findings and recommendations to the department and senior management.

Proactive risk management via Continuous control analytics:

• Develop and implement continuous control monitoring mechanisms across key corporate processes to enable early identification of control gaps and exceptions.
• Leverage data analytics to generate actionable insights and strengthen process governance.
• Design and automate dashboards and exception-based reports to support real-time control monitoring

Other Responsibilities:

• Responsible for working closely with the co-sourcing team on engagement basis including supervision
• Responsible to execute IFC test of operating effectiveness engagement
• Lead special assignments and investigations on need basis.
• Constantly seek to improve the process, control and compliance maturity of the organisation.
• Responsible for ongoing follow-up with the business process owners on the implementation of the corrective action plans for the findings highlighted.

Experience & Education

• Minimum 3 years (Post qualification experience) of experience in Internal Audits in the QSR/ Retail/ Food & Beverage Industry
• Chartered Accountant (with Big 4 internal audit experience is mandatory, Additional certifications like CISA is a plus.
• Working knowledge of data analytics tools (Power BI, SQL, etc)
• Assertive and solution-oriented approach with ability to influence control improvements
• High attention to detail and ability to manage multiple audits simultaneously
• Well-developed technical proficiency in digital usage including but not limited to SAP environment, Word, Excel and Power Point.

Skills & Attributes:

• Strong analytical and data interpretation skills
• Excellent written and verbal communication, ability Good interpersonal skills with a proven ability to communicate effectively (both written and verbal) with all levels within the organization
• Ability to stand firm on difficult issues when required and persuade stakeholders for control improvements
• Commitment to self-development and expansion of knowledge
• Commitment to continuous learning and professional development