Corporate Internal Controls

Purpose of the position Maintain, strengthen, benchmark and upgrade Internal Financial Controls (IFC) Support systemic remediation of audit observations and implement preventive controls Business Process transformation and implementing Next Generation Controls Create corporate level guidelines and SOPs Internal controls Review of business processes and ERP Job duties and responsibilities Facilitate review of RACMs considering changes in external & regulatory environment, adoption of technology and strengthening controls Strengthening IFC framework and benchmark with other IC and companies in industry Review the internal audit reports and identify the observations relating to internal controls and support remediation of observations by implementing preventive controls Prepare and present monthly reports on key audit observations to Management Support standardization and implementation of best practices across Organization by releasing Guidelines, Policies & SOPs Carry out regular testing of operating effectiveness of key controls and business processes to identify gaps, if any, and suggest remediation Create awareness about internal controls, prevention & detection of fraud risks