About Servotech

Servotech Renewable Power System Limited is a leading Indian technology-driven organization specializing in solar energy solutions and EV charging infrastructure. The company is committed to driving Indias transition toward clean and sustainable energy. Servotech offers a wide range of products and services including:

- Solar power solutions (Rooftop & EPC projects)
- EV chargers (AC & DC fast chargers)
- Power conditioning and energy-productive products

With a strong presence across government and private sectors, Servotech works closely with PSUs, DISCOMs, and enterprise clients, delivering innovative and reliable energy solutions. The company focuses on expansion, innovation, and sustainability, making it a key player in Indias growing renewable energy and EV ecosystem.

About the Role

We are seeking an execution-driven, highly analytical, and strategic General Manager (AGM) Internal Audit to lead and strengthen our internal audit, risk governance, and internal financial controls (IFC) framework. The incumbent will be responsible for evaluating and improving the effectiveness of risk management, control systems, governance processes, and operational workflows across our manufacturing facilities, EPC project sites, supply chain, and corporate office.

Key Responsibilities

1. Internal Audit Strategy & Risk Governance

- Formulate and execute the annual Risk-Based Internal Audit Plan aligned with business objectives and key risk areas.
- Establish robust internal control frameworks, audit programs, and compliance checklists across operational, financial, and manufacturing processes.
- Assess organizational risk exposure and present independent, objective risk assessments to the CFO and Audit Committee.

2. Operational & Manufacturing Audits

- Conduct comprehensive audits of plant operations, manufacturing processes, quality controls,



scrap management, and yield reconciliation.
- Audit Supply Chain Management (SCM), warehouse governance, physical inventory counts, direct/indirect material procurement, and transporter logistics efficiency.
- Review SAP transaction controls, system access privileges, master data integrity, and process compliance within SAP ERP.

3. Project & EPC Audit (Solar & EV Infrastructure)

- Audit milestone billing, project execution costs, vendor deliverables, site material consumption, and subcontractor bills across Pan-India EPC project sites.
- Evaluate Revenue Realization processes, credit controls, retention money tracking, and outstanding receivables management.

4. Financial Controls, IFC & Compliance

- Ensure strict evaluation and testing of Internal Financial Controls (IFC) and statutory compliance standards (GST, TDS, Companies Act, SEBI regulations).
- Review revenue assurance, billing accuracy, treasury functions, expense claims, and fixed asset registers across all business units.
- Investigate potential red flags, control breakdowns, procedural lapses, or operational leakages, recommending corrective action plans.

5. Audit Committee Reporting & Governance

- Draft high-impact, actionable audit reports detailing audit findings, root cause analyses, financial impacts, and risk severity ratings.
- Present quarterly audit outcomes, open action items, and risk mitigation progress directly to the CFO and Audit Committee.
- Drive post-audit implementation,



tracking open findings until fully resolved by departmental heads.

Candidate Profile & Key Requirements

- Educational Qualification: Chartered Accountant (CA) or Certified Internal Auditor (CIA) qualification is mandatory.
- Experience: 20 years of post-qualification experience in Internal Audit, Risk Advisory, or Governance in Manufacturing, EPC, Renewable Energy, Power Electronics, or Engineering sectors.
- ERP Proficiency: Deep hands-on experience auditing within SAP ERP environments is required.

• Core Competencies:

- Strong knowledge of Indian Accounting Standards (Ind AS), IFC frameworks, and statutory compliance regulations.
- Proven track record in auditing manufacturing plants, bill of materials (BOM), scrap controls, and EPC project site accounts.
- Excellent data analytics, forensic review, problem-solving, and conflict-resolution skills.
- Exceptional written communication and presentation skills for senior leadership and board level reporting.

Key Deliverables & KPIs

- Proactive Risk Architect Professional who identifies, assesses, and mitigates risks before they become problems. They design risk management strategies, preventive controls, and resilient systems to protect an organisations people, assets, operations, and reputation.
- Audit Plan Execution: 100% execution of the approved annual internal audit calendar on schedule.
- Issue Resolution Velocity: Achieving >90% timely resolution and closure of open audit observations across business units.
- Loss Prevention & Leakage Detection: Identifying process bottlenecks, revenue leakages, and operational inefficiencies that deliver measurable cost-savings.
- IFC Governance: Maintenance of zero-defect internal financial control audits and full compliance alignment.

📌 Head of Internal Audit (New Delhi)
🏢 Servotech Power Systems
📍 New Delhi