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Vice President Internal Audit

Vice President Internal Audit

ConfidentialMumbai, India
8 days ago
Job description

Role Overview

Essar is seeking a dynamic Sr. Internal Auditor to lead and strengthen its Internal Audit function to improve the effectiveness of risk management, control & develop governance frameworks across the organization. This role involves strategic oversight of audit planning, execution, and reporting to ensure compliance, operational efficiency, and mitigation of financial and operational risks.

Key Responsibilities

  • Develop and execute a risk-based internal audit plan covering all group companies and subsidiaries, aligned with corporate objectives and regulatory requirements.
  • Establish standardized audit methodologies, tools, and reporting templates to ensure consistency and quality of audits within the group.
  • Coordinate and oversee group-wide audits, including financial, operational, IT, and compliance audits and evaluate the effectiveness of internal controls, risk management, and governance processes across subsidiaries.
  • Manage relationships with external auditors, regulators, and other key stakeholders at the group level and monitor implementation of audit recommendations and track risk mitigation efforts across the group.
  • Provide strategic advice to the Board and executive leadership on emerging risks, control improvements, and governance matters.
  • Stay updated on evolving audit standards, regulations, and industry best practices, ensuring the group's audit function remains compliant and effective.
  • Lead, mentor, and manage a team of internal auditors operating across different locations and business units.

Key Qualifications & Experience :

  • Bachelor's degree in accounting, Finance, Business Administration, or related field; advanced degrees or professional certifications such as CA, CPA, CIA, or equivalent are highly preferred.
  • Minimum 15 years of experience in internal audit or risk management, with at least 5 years in a leadership role overseeing multi-entity audit functions.
  • Proven experience managing audit functions within a corporate group or multinational organization.
  • Strong knowledge of audit standards, risk management frameworks, and regulatory compliance.
  • Excellent leadership, communication, and stakeholder management skills
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