Job Title: Head – Internal Audit & Risk Management

Function: Finance

Location: Pune

Qualification: Chartered Accountant (CA)

Experience: 12-16 Years

Role Summary The Head of Internal Audit & Risk Management will lead the organization's Internal Audit and Assurance function. The role is responsible for developing and executing a risk-based internal audit strategy, evaluating business processes, identifying control gaps, and driving improvements across the organisation to strengthen operational efficiency and risk mitigation.

Key Responsibilities

Internal Audit & Assurance

- Develop and implement the annual risk-based internal audit plan.
- Review and assess the adequacy and effectiveness of internal controls, policies, procedures, and governance frameworks across business functions.
- Provide independent assurance on financial, operational, compliance, and strategic risks.
- Lead and oversee end-to-end audit assignments, ensuring quality, accuracy, and timely completion.
- Finalize audit scope and objectives through comprehensive pre-audit risk assessments and planning activities.
- Conduct process walkthroughs with business stakeholders to understand risks, controls, and operational challenges.
- Ensure audit documentation and evidence are maintained in accordance with established internal audit methodologies and skilled standards.
- Prepare audit reports, present findings to leadership, and track closure of audit observations.

Risk Management

- Establish and strengthen enterprise risk management frameworks across the organization.
- Identify, assess, and monitor key business risks and emerging risks.
- Prepare Risk Assessment Matrix (RAM) and discuss key risk areas with the President Finance and senior leadership.
- Evaluate the effectiveness of risk mitigation measures and recommend improvements.




- Drive a risk-aware culture through stakeholder engagement and awareness initiatives.

Audit Planning & Execution

- Prepare annual and periodic audit plans based on organizational risk priorities.
- Define audit testing strategies and resource requirements.
- Ensure all key controls identified in the Risk Assessment Matrix are appropriately tested and validated.
- Review audit conclusions with auditees and ensure factual accuracy before report issuance.
- Monitor audit timelines, budgets, and quality standards.

Stakeholder & Compliance Management

- Liaise with external auditors regarding audit plans, findings, and remediation actions.
- Support the Audit Committee by providing timely reports and updates on audit activities.
- Collaborate with cross-functional teams to ensure implementation of audit recommendations.
- Conduct special reviews, investigations, and forensic audits as directed by the Audit Committee or management.
- Ensure compliance with applicable laws, regulations, corporate policies, and governance requirements.

Team & Consultant Management

- Lead and develop the internal audit function and team capabilities.
- Manage external consultants and co-sourced audit engagements.
- Ensure delivery of high-quality audit outcomes within agreed timelines.

Candidate Profile

- Qualified Chartered Accountant (CA) with 12-16 years of progressive experience in Internal Audit, Risk Management, Governance, and Assurance.
- Proven experience in designing and implementing risk-based audit programs.
- Strong understanding of internal control frameworks, risk management principles, and audit methodologies.
- Experience interacting with Audit Committees, Board members, and senior management.
- Exposure to manufacturing and pharmaceutical industry audits will be preferred.
- Big 4 experience will be an added advantage.
- Strong communication, stakeholder management, and leadership skills.

📌 Head of Internal Audit (India)
🏢 Emcure Pharmaceuticals
📍 India