Job Purpose The Manager Audit will be responsible for leading and managing statutory audit, internal financial controls, cost audit, tax audit, related-party transactions and compliance activities across the Group.
The role will act as a key interface between Business Finance, Unit Finance teams, Big 4 and other External Auditors, tax auditors Cost Auditors and other stakeholders, ensuring timely completion of audits, accuracy of financial reporting and compliance with applicable regulatory requirements.
Key Responsibilities
1. External Audit & Limited Reviews:
Lead and coordinate quarterly Limited Reviews and year-end Statutory Audits across Group entities. Act as a key point of contact with Big 4/External Auditors, review audit schedules and financial information, resolve audit queries and drive timely closure of audit observations.
1. Review of Financials Statement:
Review quarterly and annual financial statements and ensure accuracy, completeness and compliance with applicable Ind AS and regulatory requirements.
1. Internal Financial Controls (IFC):
Lead the IFC audit process in coordination with Auditors, including review of key controls, RACMs and process documentation, identification of control gaps, evaluation of remediation plans and monitoring of timely closure of observations.
1. Tax Audit:
Lead the preparation and review of Tax Audit workings for Group entities and coordinate with Tax Consultants and Finance teams to ensure timely completion and filing within statutory deadlines.
1. Cost Audit:
Manage and coordinate the Cost Audit process across Group entities, including coordination with external Cost Auditors, review of schedules and workings, resolution of queries and timely completion of audit deliverables.
1. Related Party Transactions & Arms Length Analysis:
Review Related Party Transactions across Group entities and ensure compliance with applicable requirements. Coordinate with Big 4 firms for Arms Length Analysis, review the analysis and reports, and ensure appropriate documentation and compliance.
1. Internal Controls & CCM:
Review the Continuous Controls Monitoring (CCM) process and identify opportunities to strengthen financial controls, improve processes and mitigate key financial and operational risks. Financial Reporting | Ind AS | Statutory Audit | Limited Reviews | IFC Audit| Tax Audit | Cost Audit | Arms Length Analysis | Internal Controls | Regulatory Compliance | Stakeholder Management | Team Leadership | Risk Management | Process Improvement