Deputy Vice President - Internal Audit

Deputy Vice President - Internal Audit - Mumbai - Lodha (I-Think Techno Campus)

• Ensure the audit process is utilized in identifying control weakness and developing recommendations within all divisions and operations of the Corporate Vertical. The focus of this service may be on the financial, operational, or information technology issues.
• Manage, plan, budget, and establish objectives and determine organizational structure of the Corporate Internal Audit department to ensure a continuing efficient audit operation. This includes the development of a high performing audit team.
• Oversee the development of the Internal Audit plan using a risk-based approach in conjunction with senior management, line of business management and external auditors. Present the plan to the audit committee annually for approval.
• Provide regular reports to the Audit Committee on the company’s system of internal controls, significant audit recommendations, and investigations into fraudulent activity, if any. Review and update the Audit Committee charter as necessary.
• Ensure internal audit methodology is consistently applied and documented.
• Interface regularly with senior corporate and line of business management.
• Partner closely with the Human Resources function for audit staff personal development, talent management, career progression, and department diversity.
• Benchmark regularly with peers through various forums.
• Ensure a robust training program is in place for the audit function.

Qualifications/Characteristics

• Well-rounded, business partner, who brings a broad-based audit background and proven track record of accomplishments with succession planning potential in either corporate or operational finance roles.
• Highly refined analytical skills to quickly review and analyze business processes to identify control deficiencies as well as business operating problems and opportunities.
• Thorough understanding of Indian GAAPs, COSO , IFC and IIA Standards for the Professional Practice of Internal Auditing.
• Ability to development and demonstrate the effective use of financial systems and controls to facilitate the execution of risk-based audits.
• Provide an excellent executive presence for the Board of Directors.
• Knowledge of Internal Financial Controls as defined under Companies Act, 2013 and its application in a decentralized company environment.
• Thorough understanding of business strategy, organizational design and other business functions.
• Strong interpersonal, communication, and team skills; ability to work and communicate effectively with all levels of management and staff.
• Demonstrates leadership and credibility. Capable of generating a high degree of respect and trust, building relationships rapidly with the various operating units and corporate staff.
• Extremely smart, quick, people-oriented, energetic, professionally aggressive, with a strong work ethic.
• High personal standards and professional ethics with a commitment to excellence.