Chief Governance Officer

Job Description

The Head of Internal Audit is responsible for developing innovative and effective solutions to business problems, planning and managing complex financial tasks, and analyzing core issues in business processes. This role ensures strong financial governance and audit compliance.

Responsibilities

• Develop strategic plans to address business challenges and enhance financial performance.
• Plan, organize, and manage complex financial situations across units, ensuring seamless execution.
• Analyze business processes to identify core issues and opportunities for improvement, driving cost-effectiveness and efficiency.
• Perform monthly closing of books of accounts and prepare profitability statements for senior management review, providing actionable insights.
• Prepare monthly MIS reports with detailed variance analysis and ageing reports, facilitating informed decision-making.
• Create and monitor budgets and forecasts (weekly, monthly, and quarterly); analyze variances and proactively provide actionable recommendations.
• Head the internal audit department, implementing audit tools to improve efficiencies and drive process excellence.
• Design, implement, and monitor internal controls and Standard Operating Procedures (SOPs), ensuring compliance and mitigating risks.
• Submit and revise Internal Audit Charters and Audit Plans as required, maintaining alignment with corporate objectives.
• Ensure compliance with accounting standards, local tax regulations, and corporate policies, upholding high standards of integrity.
• Identify areas for cost control and implement effective strategies to reduce costs and avoid revenue leakages, optimizing financial performance.
• Participate in value improvement initiatives and capex project reviews, ensuring timely and cost-effective implementation.
• Contribute to profit optimization and cost control through detailed contribution analysis reports, informing business decisions.
• Liaise with statutory and internal auditors for quarterly audits and financial reviews, ensuring a collaborative approach.
• Coordinate with department heads for annual budget preparation and operational cost planning, fostering a culture of transparency and accountability.
• Oversee accounts receivables and payables, reconciliation processes, and other accounting functions, ensuring accuracy and efficiency.
• Ensure maintenance and reconciliation of General Ledger accounts with high accuracy and integrity, upholding high standards of financial reporting.
• Maintain payroll and accounting records to ensure adequacy of information and compliance with policies, minimizing risks.

Required Skills and Qualifications

• A CA or MBA in Accounting/Finance/Business Administration with minimum 20 years of experience in auditing, financial analysis, and compliance.
• Proficiency in financial analysis, auditing procedures, financial planning, reporting, and audit tools, driving process excellence.
• Advanced skills in Microsoft Excel, facilitating data-driven decision-making.
• Strong analytical and problem-solving skills, with the ability to work in a fast-paced environment, prioritizing tasks and managing multiple projects simultaneously.

Benefits

This role offers a competitive salary package, including a comprehensive benefits program, opportunities for career growth and development, and a dynamic work environment that fosters collaboration and innovation.

Others

This role requires a willingness to conduct surprise audits and travel to overseas locations, whenever required, demonstrating flexibility and adaptability.