Role Purpose
The role is responsible for strengthening the internal control environment, conducting risk-based audits, coordinating quarterly and process audits with Internal audit firm., monitoring closure of audit observations, maintaining SOP repositories, and ensuring governance and compliance across all departments and manufacturing operations of Amrit Cement Limited.
Key roles & Responsibilities:
1. Audit Facilitation:
o Coordinating and supporting the internal audit team to conduct audits as per the annual audit plan.
o Ensuring audit schedules are followed and facilitating the necessary access to data and personnel.
2. Analytical Reviews:
o Conducting Cost-Benefit Analysis to weigh expenses against perks for informed decision making.
o Performing Budget Variance Analysis to compare actual spending against budgeted figures.
o Carrying out Root Cause Analysis to identify underlying causes of issues or variances.
3. Risk Management:
o Identifying control gaps in current processes, assessing potential risks, and drafting a Risk Control Matrix (RCM) to track and mitigate risks effectively.
4. Functional Audits: Performing audits across various departments and functions.
5. Standard Operating Procedures (SOPs):
o Reviewing and developing Standard Operating Procedures (SOPs) to standardize processes and promote best practices.
6. Audit Planning & Reporting
7. Live Data Tracking