General Manager - Internal Audit - Banking/Financial Services - CA

We're hiring for the profile of General Manager - Internal Audit for Delhi location Education: CA Experience: 14 - 20 years of progressive experience in Audit, Risk & Assurance Budget: 60 LPA (including variable) Role Overview: The General Manager - Audit will be responsible for leading the internal audit function, strengthening governance frameworks, driving risk - based audits, and ensuring compliance with regulatory and organizational requirements. The role will partner closely with senior management, Audit Committee, and the Board. MUST HAVE: - Knowledge of Tech Tools like Power BI or Tableau, Data Analytics, Control Self Assessments, Continuous Control Monitoring, etc. - Best processes around various areas eg. Given Fixed Assets, Attendance monitoring of outsourced Labour - Presentations to Management CEO, Audit Committee, BCM, GCM - Skilled in power point, AI / ML, SAP preferably in S4 Hana Key Responsibilities: 1. Audit Universe & Annual Audit Planning: - Develop, maintain, and continuously monitor the Audit Universe and Annual Audit Scope, ensuring alignment with Business objectives and MAG strategy. - Finalize the Annual Audit Plan in consultation with Management. - Oversee cost - effective engagement of outsourced audit firms for Joint Ventures, Associates, and Subsidiaries. - Review draft and final audit reports prior to submission to the Audit Committee / Board. - Monitor and provide oversight on the Audit Tracking (ATR) mechanism. 2. Revenue Audit, Cost Optimization & Interest Cost Review: - Identify opportunities for revenue enhancement across Aero and Non - Aero segments. - Identify areas for cost reduction, optimization, and frugality initiatives. 3. Pre - Audit & Concurrent Audits: - Conduct pre - audit and concurrent audits for contracts, purchase orders, and payments beyond specified thresholds, as directed from time to time. - Ensure timely completion of audits and validation of management's compliance with audit observations and recommendations. 4. Compliance - Commercial, Contracts & Regulatory: - Contractual compliances. - Internal policies, procedures, and systems. - Implementation and monitoring of Internal Financial Controls (IFC) 5. Audit Reporting & Compliance Monitoring: - Define responsibilities and timelines to management personnel - Follow up on statutory auditors, cost auditors and secretarial auditors review reports to update audit universe, audit scope and/or closure of audit observations 6. Data Analytics & Reporting: - Use SAP R/3