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 setting, 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

📌 Corporate Internal Controls (India)
🏢 Larsen u0026 Toubro
📍 India