AGM - Internal Audit

Job Description Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India's leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G and 4G platform. With the large spectrum portfolio to support the growing demand for data and voice, the company is committed to deliver delightful customer experiences and contribute towards creating a truly Digital India by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence. The Company is listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India. We're proud to be an equal opportunity employer. At VIL, we know that diversity makes us stronger. We are committed to a collaborative, inclusive environment that encourages authenticity and fosters a sense of belonging. We strive for everyone to feel valued, connected and empowered to reach their potential and contribute their best. VIL's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our Values of Passion, Boldness, Trust, Speed and Digital. Consequently, our recruiting efforts are directed towards attracting and retaining best and brightest talents. Our endeavour is to be First Choice for prospective employees. VIL ensures equal employment opportunity without discrimination or harassment based on race, colour, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. VIL is an equal opportunity employer committed to diversifying its workforce. Role AGM-Internal Audit Job Level/ Designation M2/ AGM Function / Department Internal Audit Location Mumbai Job Purpose Deliver independent, risk-based assurance and advisory services to strengthen organizational governance, risk management, and internal control processes. Provide management and the board with actionable insights and recommendations that drive value creation and organizational sustainability. Key Result Areas/Accountabilities - Audit Plan Delivery:Execute assigned audits in accordance with the IA guidelines and methodology. This requires: - Assess and understand risks in relevant business processes, applying audit methodologies as per guidelines. - Partner with audit leads to design robust engagement plans (risk and control matrices, process flows) for maximizing audit outcomes. - Ensure execution and completion of assigned audits according to finalized engagement plans and deadlines, ensuring clear reporting of significant findings. - Exercise sound judgment when evaluating the significance of risks, compensating controls, and process gaps. - Document processes and test controls thoroughly, gathering sufficient, relevant, and reliable audit evidence. - Identify and communicate notable control weaknesses, cost savings, financial exposures, and revenue enhancement opportunities. - Highlight instances of absent processes, system design gaps, or unquantifiable risks, and governance issues, using root cause analysis. - Consolidate all audit observations and prepare comprehensive reports within agreed timelines. - Maintain accurate records to ensure complete and traceable audit trails. - Uphold the independence and objectivity of internal audit activity. - Action Taken Report Tracking: - Engage with management to track action plan implementation and progress, reporting monthly on open audit recommendations. - Audit plan preparation: - Support the Audit Team Lead in coordinating with business and aggregating relevantinformation to develop risk-based audit plans for upcoming year. - Assist the Supervisor /Head in any matters relevant to run the IA team - Support supervisor/head in administrative, operational, and governance matters for the audit team. - Actively contribute to departmental initiatives and their effective execution. - Building skills and competence - Continually enhance professional and technical skills, keeping up with relevant business developments, technology trends, and IT systems. - Foster a culture of continuous improvement within the audit team. - Communicate with the business - Build and manage constructive stakeholder relationships to ensure acceptance and implementation of audit results - Maintain rapport with senior management to support open dialogue and effective resolution of audit issues. Core Competencies, Knowledge, Experience - Communication 1. Strong interpersonal and professional communication skills, including clear articulation of issues and recommendations at all organizational levels. 2. Ability to present complex subjects succinctly and lead discussions with diverse stakeholders. - Writing Skills 1. Excellent report-writing ability, translating observations into business-relevant insights based on sound analysis and data. - Problem Identification and solution 1. Innate curiosity to question the status-quo and ability to connect dots to understand functioning of larger business ecosystems 2. Proven ability to identify process gaps and control improvements, evaluate process efficiency, and propose pragmatic solutions. 3. Can leverage project management capability to drive audit and process improvement initiatives. - Time Management 1. Demonstrates effective management of multiple tasks and deadlines, completing assignments in a timely, quality-driven manner. Must have technical / professional qualifications - Qualified Chartered Accountant and/or MBA with 5-7 years post-qualification experience in internal audit and risk management. - Preference for candidates with telecom industry or consulting firm experience additional certification (CIA, CISA, DISA, etc.) is valued. - Sound understanding of audit frameworks, risk management, financial and operational controls Years of Experience 5-7 Vodafone Idea Limited(formerly Idea Cellular Limited) An Aditya Birla Group & Vodafone partnership