Associate General Manager - Management Audit & Assurance Services

Adani Group; Ahmedabad District; On-site; INR 400,000 - 600,000; Full time

Job summary

Adani Group seeks a Team Lead for MAAS Audit and Compliance to oversee internal audit activities across multiple business units, coordinate with third-party auditors, and drive regulatory adherence.

The role requires 10+ years of audit experience, CA/CPA/CIA qualification, and MBA in Finance. The incumbent will collaborate with sector heads to manage governance, risk, and improvement initiatives.

Qualifications

• CA/CPA/CIA (preferred) with MBA in Finance.
• 10+ years of work experience in audit/compliance roles.
• Experience coordinating with third-party auditors and regulators.

Responsibilities

• Lead internal MAAS audit and compliance across units.
• Coordinate with third-party auditors and resolve discrepancies.
• Monitor compliance with policies and regulatory requirements.
• Document audit findings and communicate with stakeholders.
• Recommend operational improvements based on audit results.
• Identify and report operational/compliance risks to Sector Head.
• Engage with Audit Committee and Risk Management Committee as needed.

Skills

MAAS Audit

Project Management

Data & Tech Management

Risk & Controls

Education

CA / CPA / CIA

MBA - Finance

Job description

Purpose/Objective

• Team Lead - MAAS is responsible for executing and managing day-to-day audit activities across multiple business units, including overseeing third-party auditors, supporting compliance initiatives, conducting focused risk assessments, and ensuring audit quality and efficiency.
• The role involves close collaboration with the Sector Head to achieve the audit function’s goals in alignment with organizational and regulatory requirements.

Key Responsibilities of Role

• Team Lead - MAAS Audit and Compliance: Execute the internal audit plan as defined by the Sector Head, managing the operational details to ensure comprehensive audit coverage across assigned business units.
• Oversee and coordinate with third-party auditors, ensuring alignment with the internal audit framework and resolving any discrepancies between internal and external audit findings.
• Conduct compliance checks and monitor adherence to internal policies and regulatory requirements, escalating critical compliance risks to the Sector Head.
• Maintain detailed records of audit activities, ensuring all audit findings are accurately documented and communicated effectively to internal stakeholders and external auditors.
• Recommend operational improvements and process efficiencies based on audit findings, working to implement changes in collaboration with internal teams.
• Corporate Governance and Risk Management: Identify and report operational and compliance risks specific to each business unit, providing insights to help shape the Sector Head's risk management strategy.
• Collaborate with unit leaders to address high-risk areas identified through audits.
• Act as the point of contact for business unit managers on governance and compliance matters, ensuring timely responses to risk and compliance inquiries.
• Support sector heads in engaging with the Audit Committee and Risk Management Committee to comprehend their expectations and ensure that the necessary follow-up actions are executed, including aspects such as the internal audit budget, resource allocation, and co-sourcing strategies M&A Advisory Support: Manage integration audits for acquired entities to ensure their processes align with the internal governance and compliance framework.
• Internal Investigations: Manage the operational aspects of investigations into compliance violations, ensuring all evidence is collected systematically and securely.
• Handle whistleblower cases under the guidance of the Sector Head, managing the process to ensure compliance with internal protocols and confidentiality standards.
• Compile detailed investigation findings and summaries for review by the Sector Head, outlining key issues and potential corrective actions.
• Quality Assurance and Control: Monitor the quality of audit processes, implementing corrective actions and improvements as needed to maintain high standards.
• Ensure that internal audit methodologies, as set by the Sector Head, are applied consistently across all audits, adjusting based on specific unit needs.
• Track and report on key performance indicators related to audit effectiveness, efficiency, and stakeholder satisfaction, providing feedback to the Sector Head.
• Key Stakeholders - Internal Business CEOs Business CFOs Business HODs Group Finance Team Group Legal Team Key Stakeholders - External Audit Agencies Regulatory Bodies

Technical Competencies

• Audit Know-how-MAAS-SVC,Business Acumen-MAAS-SVC,Data & Technology Management-MAAS-SVC,Partner Management-MAAS-SVC,Project Management-MAAS-SVC,Quality Assurance & Governance-MAAS-SVC,Risk & Controls Assessment-MAAS-SVC

Qualifications and Experience

• Educational Qualification: CA / CPA / CIA MBA - Finance (desired) Work Experience (Range of years): 10+ years of work experience