Provide assurance to the Management on the processes, compliances, governance, risks and systems so as to enhance the efficiency and effectiveness of the processes, thereby, adding value to all Airports Projects.
ORGANISATION CHART
Accountabilities
Key Performance Indicators
Audit Universe and Annual Audit Scope completeness
Continuous monitoring of Audit Universe and Scope and their alignment to Business and MAG Strategy.
Joint Ventures, Associates and Subsidiaries
Annual Audit Scope Finalisation with Management
Oversight on cost effective engagement of outsourced firms for JVs, Associates & subsidiaries
Review of draft & final audit reports prior to issue to AC/Board
Oversight on ATR Tracker
Benchmarking best practices amongst common JVs (e.g. Duty Free).
Revenue Audit, Frugality, interest costs reduction
• Identify areas - Aero and Non-aero for revenue increase
• Identify areas for cost reduction and optimisation
• Confirm correctness & competitiveness of interest costs
Pre-audit and Concurrent Audits at Delhi (as instructed from time to time)
Timely completion of these audits of contracts, purchase orders and payments beyond specified value and validating compliance by management on auditor’s comments
Process Compliance
P2P, H2R, R2R, A2D, Costing, ITGC, Operations Excellence