Website Human Touch
We’re Hiring for the profile of General Manager – Audit for Delhi location
Education : CA
Experience : 14-20 years of progressive experience in Audit, Risk & Assurance
Budget: 55 LPA (including variable)
Role Overview
The General Manager – Audit will be responsible for leading the internal audit function, strengthening governance frameworks, driving risk-based audits, and ensuring compliance with regulatory and organizational requirements. The role will partner closely with senior management, Audit Committee, and the Board.
Key Responsibilities:
1) Audit Universe & Annual Audit Planning
– Develop, maintain, and continuously monitor the Audit Universe and Annual Audit Scope, ensuring alignment with Business objectives and MAG strategy.
– Finalize the Annual Audit Plan in consultation with Management.
– Oversee cost-effective engagement of outsourced audit firms for Joint Ventures, Associates, and Subsidiaries.
– Review draft and final audit reports prior to submission to the Audit Committee / Board.
– Monitor and provide oversight on the Audit Tracking (ATR) mechanism.
2) Revenue Audit, Cost Optimization & Interest Cost Review
– Identify opportunities for revenue enhancement across Aero and Non-Aero segments.
– Identify areas for cost reduction, optimization, and frugality initiatives.
3) Pre-Audit & Concurrent Audits
– Conduct pre-audit and concurrent audits for contracts, purchase orders, and payments beyond specified thresholds, as directed from time to time.
– Ensure timely completion of audits and validation of management’s compliance with audit observations and recommendations.
4) Compliance – Commercial, Contracts & Regulatory
– Contractual compliances.
– Internal policies, procedures, and systems.
– Implementation and monitoring of Internal Financial Controls (IFC)
5) Audit Reporting & Compliance Monitoring
– Define responsibilities and timelines to management personnel
– Follow up on statutory auditors, cost auditors and secretarial auditors review reports to update audit universe, audit scope and/or closure of audit observations
6) Data Analytics & Reporting
– Use SAP R/3
To apply for this job please visit www.iimjobs.com.
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