▷ (15h Left) Head - Control Assurance & Governance - CA / IIM / ISB / MDI / FMS

Head - Control Assurance & Governance yrs)

CA / Tier 1 MBA Mandatory

KEY ROLES & Excellence and Digital Transformation

• Provide stewardship for process excellence initiatives and continuous improvement programs through identification of process transformation opportunities
• Review policies and SOPs for customer centricity, process efficiency, optimized controls and digital enablement
• Provide outside-in-view on digital adoption on changes impacting the Finance function
• Support the Business Partners in strategizing, planning and providing a cross-functional view for Finance digital interventions
• Enterprise Risk Management
• Design Enterprise Risk Management (ERM) framework including guidelines
• Evaluate key risk scenarios to stress test the strategy and advice management accordingly
• Responsible for monitoring of statutory / regulatory requirements, framework for risk prioritization and risk mitigation planning.
• Control Assurance
• Ensure robust control environment (incl. IFC) and drive continuous improvements in the governance of controls
• Liaise with different teams i.e. Finance, IT and business to improve the overall control effectiveness
• Introduce appropriate tools for managing Governance, Risk and Compliance program
• Deploy proactive mechanisms to identify control lapses and frauds
• Review of control KPIs and analytics and add insights to the overall process excellence
• Audit & Compliance Management
• Carry out regular assessment of Internal Audit (IA) function to evaluate positioning vis- vis established IA maturity frameworks
• Plan and review scope & objectives of operational, financial process incl. fraud / investigation reviews and other ad-hoc management audits
• Manage external service providers for compliance management incl. Internal Audits, Information Security etc.
• Conduct root cause analysis for control lapses / identified deficiencies through audits, recommend sustainable remedial actions and track for closure
• Finalize quarterly audit reports with the auditors and present results to management
• Monitor compliance with statutory requirements and timely escalate any red flags
• Ensure compliance library is timely updated by concerned team
• Information Security and IT controls
• Define and monitor compliance on Information Security framework
• Define and monitor IT control environment incl. General and Application controls
• Communicate information security goals and new programs effectively with other department managers within the organization
• Assess current technology architecture for vulnerabilities, weaknesses and for possible upgrades or improvement
• Implement and oversee technological upgrades, improvements and major changes to the information security environment
• Identify trainings and run programs for providing awareness on Information Security and controls
• Training and People Development
• Identify learning needs on digital savviness, provide guidance and inputs to L&D team on awareness / training programs
• Identify trainings for enhancing controls awareness of relevant teams.

Qualification, Skills, Experience