Role Purpose:

This role is responsible for organisation's strategic risk-based internal audit plan and managing the internal audit function in accordance with the organisation's internal audit charter and the

professional standards for internal auditing. This role will work closely with the Leadership team

and various departments to evaluate and improve internal controls, processes and risk

management strategies

Key Role Responsibilities

Internal Audit and Risk Assessment Strategy

• Develop annually a risk-based internal audit plan for review and approval to the Apex

members. Keep Apex members apprised of any changes needed to the internal audit plan

• Ensure audit coverage of store operations, inventory, Finance, SOPs(Standard Operating

Procedures) of Enabling functions and B2B function

• Perform organization-wide risk assessments to identify significant risks or exposure related to

internal controls or compliance with organisation's policies and procedures, laws and

regulations, sponsored contract and regulatory requirements, efficiency of operations, and

accuracy of programmatic and financial reporting. Proactively inform senior management of

significant risks or exposures

• Provide assurance to the management on the adequacy of the control environment within

the organization

• Create awareness on internal control systems and changes in external policies impacting the

organization

• Benchmark the internal control systems with the industry best practices and introduce

relevant systems

• Remain current on audit and regulatory oversight trends and develop a risk based approach

incorporated into the annual audit plan

• Participate in committees and task forces defining policies, procedures and regulations and

provide inputs from an internal control system perspective

Internal Audit Plan Implementation

• Oversee the implementation of the approved plan, ensure proper resourcing for

implementation of the plan, and adjust the plan as needed in response to changes in

organisation's business risks, operations, programs, systems and controls

• Ensure internal audit team conducts concurrent audits as per the plan

• Perform detailed and systematic audits to identify areas of improvement

• Prepare and present audit findings, recommendations, and action plans to management and

stakeholders

• Review deviations on compliance to policies, procedures and regulations and take required

actions. Ensure follow up on findings and corrective actions

• Provide feedback and recommendations on business risks and improving operational

efficiencies and processes where appropriate

• Provide technical assistance with investigations, special audits, and provide subject-matter

expertise as needed

• Maintain audit technology platform leveraging support from the information systems group

as needed

Stakeholder collaboration

• Collaborate with department heads to develop and continuously improve policies, processes,

Standard operating procedures (SOPs), and internal controls

• Develop an ecosystem of external auditors / service providers

• Review and assess performance of external auditors / service providers including on a

continuous basis to align with the requirements of the organization

People Leadership

• Establish and assign departmental goals to team members and evaluate their performance

• Lead and manage a team of internal auditors, providing guidance, coaching, development

opportunities and support

. Knowledge, Skills, Experience and Behavioural competencies

• Proven experience in internal auditing, risk management, or a related field

• Experience in retail sector, with an understanding of industry-specific risks, regulations, and

practices

• Strong knowledge of accounting principles, auditing standards, corporate governance,

regulatory compliance and risk management practices

• Hands-on experience in developing audit plans, executing audit engagements, and delivering

high-quality audit reports

• Knowledge of various business processes, workflows, and operational procedures across

different departments

• Ability to think critically and objectively evaluate information, evidence, and audit findings

• Capacity to handle conflicts and disagreements professionally and facilitate constructive

resolution

• High level of integrity, professionalism, and attention to detail

• Strong communication and interpersonal skills, with the ability to effectively interact with

individuals at all levels of the organization

• Ability to work independently and manage multiple projects and priorities simultaneously

Education: CA/ICWA

Experience: 10+ years

Reports to: Chief Strategy Officer

Senior Manager Internal Audit