Title: Manager - IFC
Mumbai, IN
About Us
Tata International Limited is a leading trading and distribution company that has served the industry for over six decades, exemplifying its core values of Pioneering, Integrity, Excellence, Unity and Responsibility. We have our footprints in over 29 countries across the globe operating in diversified verticals from trading and distribution to manufacturing and retail, which offers our employees a dynamic environment rich in opportunities. Guided by the common threads of Tata Code of Conduct, we foster a collaborative and inclusive work environment that encourages personal and professional growth thus laying a strong foundation for creating a world-class organization where employees are respected and motivated to contribute to sustainable development.
Job Purpose
The ideal candidate will be responsible for designing and implementing internal financial control systems for Distribution Vertical.
Key Responsibilities
Internal Financial Controls:
- Collaborate with business verticals and Consultants to implement Risk Control Matrix framework
- Capture expectations of stakeholders for comprehensive and effective implementation
- Independent monitoring of controls
- Assess adequacy and operating effectiveness of Internal Financial Controls and reporting Gaps
- Tracking control gaps and monitoring them towards closure
- Discussion on gaps with SPOCs
- Planning control testing to cover all verticals and areas
- Ensure IFCs are in sync and alignment with the automation initiative
Internal Audit:
- Continuously touch base with IAs wrt the internal audit plan progress and audit reports status
- Monitor progress of internal audit
- Publish monthly updates on Action Taken Report from Internal Audit and monitor them towards effective actioning and closure
- Prepare Internal Audit presentations for Distribution
- Publish monthly reports, dashboards with a view to track the status of audit issues;
- Co-ordination and participation in preparation of Audit Committee Presentation
Corporate Risk register:
- Monthly update of corporate risk register
- Prepare dashboard and risk register for RMCM
- Publish monthly updates on Action Taken Report from RMCM and monitoring them towards effective action and closure
Educational Qualifications
CA
Desired Profile (Experience)
8 – 10 years of prior experience in internal Controls and Audits
Industry Preference
Manufacturing