JOB PURPOSE

Provide assurance to the Management on the processes, compliances, governance, risks and systems in order to enhance efficiency and effectiveness of the processes, thereby, adding value to the Airports

ORGANISATION CHART

Lead- MAG (Nagpur) --> Head- MAG (Airports) --> Group Head- MAG

KEY ACCOUNTABILITIES

Accountabilities

Key Performance Indicators

Audit Universe and Annual Audit

Scope completeness for Projects

Continuous monitoring of Audit Universe and Scope and their alignment to Business and MAG Strategy.

Pre-audit (As instructed from time to time)

Timely completion of pre-audits of contracts and purchase orders.

Process Compliance

P2P, H2R, O2C (Scrap, Asset disposal) R2R, Cost estimates

Airports Development and Construction

Continuous assessment and reporting on:

• Stage Gate Audit

• Time to complete and assess likely time overruns.

• Cost to complete and assess likely cost overruns.

• Claims for and against

• Construction manual compliance

Return on Investments (Projects)





• Effective utilization of funds deployed and maximize return on investments

• Continuous identification of areas for cost savings in projects and liaise with Management for achieving them.

• Value savings and process improvements through audits

Compliances -

Commercial & Contracts,

Regulatory

Effectiveness of:

• Compliance to Concession Agreements & Reporting

• Contract Compliances

• Policies, Procedures and Systems

• Compliance Software - Regulatory Reporting & Certification Process

• IFC Implementation and test of operating effectiveness

KEY ACCOUNTABILITIES - Additional Details

Audit Reports &

Compliance Status

Monitoring

• Issue audit reports as per timelines.

• Audit Committee and management presentations.

• Define responsibilities and timelines to management personnel for CAPA.

• Follow up on statutory auditors, cost auditors and secretarial auditors review reports to update audit universe, audit scope and/or closure of audit observa

📌 Lead Mag Nagpur Delhi
🏢 GMR Group
📍 Delhi