Internal audit control

Responsibilities

Develop and implement robust internal control policies, procedures and frameworks to minimize risk and ensure compliance with regulatory requirements for Indi Region. Conduct regular risk assessments and internal control assessments to identify potential weaknesses or vulnerabilities. In charge of risk assessment, internal audit planning and execution, and remediation plan monitoring at site level; periodic travels to various plant sites and project sites are required; this position is based in Pune; Work with cross-functional teams to evaluate existing processes and identify opportunities for improvement in control design and process efficiency. Develop and implement monitoring and testing procedures to evaluate the effectiveness of internal controls and identify control deficiencies. Provide guidance and training to employees on internal control processes, including control self-assessment and problem solving. Keep abreast of industry best practices and new trends in internal control, accounting, and regulatory compliance. Lead or participate in special projects and investigations related to internal controls, fraud prevention, and process improvement initiatives. Cooperate with the external auditor to conduct audits and make audit recommendations. Prepare and submit internal control assessment reports, findings and recommendations to senior management.

Requirements

Above 10 years' experience of internal auditing and internal control implementation; above 7 years' experience in manufacturing sector, preferably wind turbine or automobile industry. Deep understanding of internal control frameworks and regulations (e.g. COSO or SOX) and their application in an enterprise environment. Renown professional firm experience (e.g. big four or second tier firms), exposure to internal investigation, and experience with international corporations are preferred; Strong analytical and problem-solving skills, able to evaluate complex processes, identify control gaps or weaknesses. Excellent communication and interpersonal skills with the ability to work effectively with cross-functional teams and top management. Have the ability to think strategically in control, design and process improvement, balance practical participation in process execution. Professional certification from an accredited body such as Internal Auditor (CIA), Certified Accountant (ACCA) is preferred. Proficient in using accounting software and Microsoft Office (especially Excel) for data analysis and reporting. Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.

Position Competencies:

Risk Management Capability: Able to identify external regulatory risks and business operational risks, and independently complete specialized governance tasks such as risk assessment, risk response, and risk monitoring. Project Management Capability: Independently undertake internal control evaluation work and organize relevant professional departments to conduct regular supervision of evaluation targets. Communication and Collaboration Skills: Engage deeply with business departments and strengthen communication and interaction with them to understand the company's strategy, business objectives, pain points, and management improvement needs