Corporate Assurance Manager

AGM - Corporate Assurance

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 - Corporate Assurance

Job Level/ Designation

M2/AGM

Function / Department

Finance

Location

Mumbai

Job Purpose

The Corporate function is responsible for framing, updating, and testing SSC controls that address risks of material misstatement at an account level.

The role holder is responsible for strengthening and continuously evolving an effective ERM framework across VI, with the objective of achieving sustainable growth.

The role is also responsible for maintaining and updating the DOA (Delegation of Authority) document. The scope of DOA relates to financial delegation. Compliance to DOA is monitored by the Corporate Assurance function, and the resulting monitoring results are reviewed by appropriate governance teams/committees.

Key Result Areas/Accountabilities

ICFR

1. Conduct walkthroughs with SSC Process Owners to identify risks, finalize control designs, and document outcomes.

2. Update risks and related controls to reflect process changes or system migrations.

3. Draft the Risk Control Matrix (RCM) for process controls basis identified risk/new process

4. Collaborate with Statutory Auditors at the start of the year to review control descriptions, risks, frequencies, and classifications, and update the RCM based on agreed changes.

5. Plan Control Self-Assessments (CSA) of ICFR controls for SSC locations at the beginning of each month.

6. Monitor and govern the monthly execution of CSA activities for SSC Ahmedabad.

7. Perform quality reviews of CSA submissions to ensure completeness and accuracy.

8. Plan and execute testing of Design Effectiveness, Operating Effectiveness, and Roll-Forward assessments.

9. Carry out detailed testing of design and operating effectiveness, and document results in standardized worksheets.

10. Conduct discussions with stakeholders to clarify issues, resolve observations, and close open points identified during design/operating effectiveness testing.

11. Coordinate with Statutory Auditors for control testing requirements, including providing evidence, responding to queries, and addressing remediation plans.

12. Train process operators on ICFR control self-assessment procedures.

13. Manage and update Change Requests / New Control Requests in SAP GRC, ensuring timely system updates.

14. Report periodically on the status of Management and Statutory Audit testing to senior management.

15. Review Standard Operating Procedures (SOPs) for all processes, suggesting and updating changes where required.

ERM

1. Preparation of the consolidated Risk Register and analysing the risk register

2. Develop and maintain the Enterprise Risk Register, ensuring timely updates on emerging risks and mitigation plans

3. Monitor the reported risk and mitigation plans on a periodic basis.

4. Preparation of Risk Committee presentation for Senior management, Risk Committee and Board.

DOA ( Delegation of Authority)

1. Annual updation of the DOA documentation basis business requirements and changing dynamics
2. Responding to DOA business queries from the business and SSC

Other adhoc activities

Core Competencies, Knowledge, Experience

1. In-depth knowledge of Finance/accounts.
2. Audit background is preferred.

Good working knowledge of MS Excel and SAP.

Must have technical / professional qualifications

Chartered Accountant

Years of Experience

Minimum 5 year

Vodafone Idea Limited (formerly Idea Cellular Limited)
An Aditya Birla Group & Vodafone partnership

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