Audit and Compliance Team Member

Team Member - MAAS

Responsibilities

Team Member - MAAS

Audit and Compliance:

Conduct internal audits according to the approved audit plan, with a focus on compliance with internal policies and regulatory requirements as outlined in the Companies Act.

Ensure adherence to company policies, standards, and regulatory guidelines, documenting any instances of non-compliance and reporting them to the Audit Lead.

Track and follow up on corrective actions from previous audits, ensuring timely resolution of identified issues and updating status reports for management review.

Risk and Internal Control Assessment:

Identify potential operational and compliance risks during audits, communicating them to the Audit Lead for consideration in risk management strategies.

Propose enhancements to strengthen internal controls and improve operational processes, contributing to risk mitigation within business units.

Test and evaluate the effectiveness of internal controls within key business processes, identifying control gaps or weaknesses and recommending improvements.

Internal Reviews:

Conduct specific internal reviews as requested by promoters or top management, coordinating efforts to provide insights and address identified concerns.

Ensure that all reviews are conducted with strict confidentiality, maintaining the integrity and accuracy of findings in alignment with executive expectations.

Reporting and Stakeholder Communication:

Compile detailed reports on audit findings and special review outcomes, highlighting key issues, non-compliance areas, and actionable recommendations.

Communicate audit results and recommendations to relevant stakeholders within business units, fostering a culture of compliance and continuous improvement.

Provide accurate data on audit performance, compliance status, and corrective actions for use in audit metrics and departmental reports.

Key Stakeholders - Internal

Business CEOs

Business CFOs

Business HODs

Group Finance Team

Group Legal Team

Key Stakeholders - External

Audit Agencies

Regulatory Bodies

Qualifications

Educational Qualification:

CA / CPA / CIA

MBA - Finance (desired)

Work Experience (Range of years):

6+ years of work experience