Location:
Mumbai, MH, IN

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Areas of Work: Corporate Finance
Job Id: 15129
External Job Description

Job Purpose

The position is that of Assistant Manager (Controls & Governance) in Corporate Accounts where you will be responsible to strengthen the Company’s internal control and governance framework by acting as a second line of defence, ensuring effectiveness of Internal Financial Controls (IFC/ICFR), supporting control design for new initiatives, and driving compliance and cost optimisation efforts. This is an individual contributor role.

Business Responsibility Areas

1. Internal Financial Controls (IFC/ICFR) – Oversight

- Review the design and operating effectiveness of existing IFC/ICFR controls across business processes
- Identify control gaps, weaknesses, recommend and follow up on remediation actions with the process owners
- Perform periodic risk assessments and align control framework with evolving business risks
- Ensure documentation of controls (RCMs, SOPs) is robust and audit-ready along with the process owners

2. Second Line of Defence (Governance Role)

- Act independently of process owners to challenge and validate control effectiveness
- Coordinate with first line (business/finance teams) and third line (internal/external auditors)

3. System & Control Development

- Contribute to control design for new systems, ERP implementations, and automation initiatives
- Embed preventive and detective controls within system workflows




- Participate in UAT from a controls perspective to ensure risks are mitigated before go-live

4. Regulatory & Compliance (including PIT Regulations)

- Monitor adherence to APL’s internal insider trading compliance frameworks – identify system which contains unpublished price sensitive information (UPSI), review and monitor access of UPSI and communication with the secretarial team.

5. Cost Optimisation & Efficiency Initiatives

- Identify opportunities for cost savings through process improvements and control rationalisation
- Drive automation and standardisation initiatives to improve efficiency
- Track and report savings initiatives and benefits

6. Audit & Stakeholder Management

- Liaise with internal and statutory auditors on IFC testing and observations
- Track closure of audit findings and ensure timely remediation
- Provide periodic updates to management on control environment and key risks

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📌 Assistant Manager - Accounts (Mumbai)
🏢 Asian Paints
📍 Mumbai