Assistant Manager- Internal Audit
Lulu International Exchange
مجموع سنوات الخبرة :17 years, 1 أشهر
Responsible for performing, planning and execution of the assigned compliance, financial, and operational audits and special projects in accordance with department plans and programs that are primarily directed to an appraisal of the adequacy, effectiveness and efficiency of all internal systems of control established by Management
Primary Duties Performed:
a) Perform the planning and execution of regulatory, financial, and operational audits and special projects allocated. These activities will be carried out in accordance with established audit work standards.
b) Examine and evaluate the adequacy and effectiveness of information systems and business controls
c) Identify and document business processes and controls in order to evaluate risks and compensating controls
d) Lead or facilitate meetings to discuss audit findings with relevant department representative assigned for the audit and with Department heads.
e) Reports audit findings to the Group Internal Audit and prepares written reports for areas audited, ensuring that they provide an accurate picture of findings.
f) Carries out audit work for appraising the implementation of agreed recommended actions by operating management.
g) Performs prescribed departmental administrative routines, to ensure that proper records are kept of work done in accordance with the internal audit manual or other established standards.
Managing one of the biggest units of the Company with a four member team.
> Responsible for all Financial and Accounting function (Authorised signatory).
> Daily cash flow projections and liasoning with the bank for the fund management.
> Monthly collection aging and its analysis
> Vendor Management
> Monitoring the compliance under various regulations - Income Tax, ESI, PF and Factories Act
Performance of the Circle are presented to the Finance Head and COO for each month with respect to various parameters like AOP performance, Collection performance, revenue trend with respect to AOP, Business Unit wise performance with respect to various revenue streams.Preparing monthly profitability analysis reports for the management.
> Assisting management in the preparation of Annual budget
> Budgetary Control-Analyzing each element of cost, its related benefit and the risk
Working with Bharti Airtel Limited (US $ 4 billion, India’s largest private telecom services company) as Assistant Manager -Finance