Senior Manager Internal Audit

Role Objective:

To provide independent, objective assurance and consulting activities designed to add value and improve the organization’s operations. The role will evaluate and improve the effectiveness of risk management, internal controls, governance processes, and compliance across functions, projects, and business verticals.

Key Responsibilities:

Audit Planning & Execution

• Develop and implement risk-based internal audit plans aligned with business priorities.
• Lead and conduct financial, operational, compliance, and IT audits across the organization.
• Review the adequacy and effectiveness of internal controls and recommend improvements.
• Ensure timely execution of the internal audit calendar.

Internal Controls & Risk Management

• Evaluate the effectiveness of risk management practices across business functions.
• Identify control gaps and propose solutions to mitigate risks and enhance controls.
• Work closely with business and functional heads to ensure implementation of audit recommendations.

Compliance & Governance

• Ensure compliance with statutory laws, regulations, company policies, and standard operating procedures (SOPs).
• Assist in driving awareness and implementation of ethical business practices and governance norms.
• Liaise with external auditors and regulatory authorities during inspections and audits.

Reporting & MIS

• Prepare concise and insightful audit reports with actionable recommendations.
• Present audit findings to senior management and the Audit Committee, if required.
• Track audit findings and ensure timely closure of open audit issues.

Process Improvement

• Identify opportunities to improve operational efficiency and reduce costs through control enhancements.
• Support the implementation of automated control systems and audit analytics tools.
• Drive continuous improvement initiatives within the Internal Audit function.

Team Leadership (if applicable)

• Guide and mentor audit team members.
• Ensure professional development through knowledge sharing and training.

Qualifications & Experience:

• CA / CIA / MBA Finance or equivalent professional qualification.
• 12-18 years of relevant experience in internal audit, risk assurance, or compliance functions.
• Prior exposure in a manufacturing/renewable energy/infrastructure company preferred.
• Familiarity with SAP / Oracle ERP systems and audit tools like ACL or IDEA is a plus.

Key Competencies:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• High integrity and ethical standards.
• Sound understanding of internal control frameworks (e.g., COSO).
• Ability to handle multiple audits simultaneously in a fast-paced environment.