Job Title: Head – Internal Audit & Risk Management

nFunction: Finance

nLocation: Pune

nQualification: Chartered Accountant (CA)

nExperience: 12-16 Years

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nRole Summary

nThe 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.

nKey Responsibilities

nInternal Audit & Assurance

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

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- Establish and strengthen enterprise risk management frameworks across the organization.
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- Identify, assess, and monitor key business risks and emerging risks.
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- Prepare Risk Assessment Matrix (RAM) and discuss key risk areas with the President Finance and senior leadership.
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- Evaluate the effectiveness of risk mitigation measures and recommend improvements.
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- Drive a risk-aware culture through stakeholder engagement and awareness initiatives.
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nAudit Planning & Execution

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

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

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

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