Head of Internal Audit

Job description

Roles and Responsibilities

• Carry out internal audit and suggest corrections / improvements. Ensure that policy and procedures laid down by the company are being adhered to.
• Identify weaknesses in the internal control system and suggest remedial measures.
• Analyze various costs and expenses as part of the audits.
• Prepare audit reports to be circulated to higher management
• Help in Risk Management
• Help in preparing presentations to be made to Audit Committee, and Business Process and Risk Management Committee.
• Investigation into whistle blower reports
• Check and Clear Travelling Expense Statements of managers and improve on Corporate Travel Policies to minimize revenue loss.
• Prepare budgets in case of travelling expenses of sales personnel. Monitor actual travelling expenses against budget.
• Carrying out internal audit of depots, factories, vendors, HO, group companies etc.
• Special Audit of Subsidiary and Group Companies, whistleblower investigations.
• Implementation and review of processes for internal control and risk management

Skills Required

Internal Audit, Risk Management