Manager - Management Assurance

Job Description

The role involves managing risk, conducting internal audits, and ensuring the effectiveness of internal controls. Responsibilities include identifying and mitigating risks, facilitating and performing audits, and maintaining control libraries. The position also requires facilitating IFC testing, using data analytics for continuous control monitoring, investigating complaints, and overseeing digitalization projects to enhance operational efficiency and compliance Job Responsibilities Risk Management: Conduct brainstorming sessions with process owners to identify risks and define mitigation plans. Track and validate the implementation status of mitigation plans. Periodically discuss with process owners and update risk registers. Internal Audit: Facilitate the execution of audits by internal auditors. Track and validate the implementation status of action plans. Independently conduct audits and special reviews, assess control designs, analyze data, and prepare reports. Control Self-Assessment: Perform quarterly controls certification and validate the operating effectiveness of controls. Identify gaps, track, and validate the implementation status of corrective action plans. Periodically discuss with process owners and update the financial, fraud, and operational controls library. Internal Financial Controls: Facilitate IFC testing in accordance with regulatory guidelines and work on remediating gaps. Continuous Control Monitoring: Utilize data analytics to identify exceptions and outliers. Conduct transaction testing to substantiate exceptions. Define corrective action plans and ensure their successful implementation. Investigation: Promptly and thoroughly investigate complaints assigned by management. Digitalization Projects for the Function: Manage daily operations of the Integrated Assurance & Data Analytics Tool, including updating masters, initiating and closing assessments, reviewing functionality, and collaborating with the technology partner to ensure optimal tool performance The Person Qualifications & Experience Chartered accountant with 8 to 10 years of experience in Enterprise Risk Management, Internal Audit, Internal Control testing ,data analytics, Forensic Investigations. Prior experience of manufacturing industry or chemical industry is required. Prior experience of SAP / BaaN/ Infor LN. Advanced knowledge of Microsoft office including MS Word, MS PowerPoint and MS Excel. Individually conducted internal audits of reputed organization and prepared reports Personal Characteristics Strength in problem solving, coordination and financial analysis Ability to manage stress, time and people effectively Innovative and self-motivated Highly effective communication Strong understanding of risk management practices and strategies. Ability to influence and drive organizational change and continuous improvement