General Manager – Audit – CA Human Touch

The Corporate Institute; Delhi; On-site; INR 5,500,000 - 7,700,000; Full time

Job summary

The Corporate Institute in Delhi is seeking a General Manager - Audit with 14–20 years of progressive experience in Audit, Risk & Assurance to lead the internal audit function and strengthen governance frameworks. The role collaborates with senior management, the Audit Committee, and the Board.

Key responsibilities include annual audit planning, overseeing outsourced audits for Joint Ventures and Subsidiaries, and driving risk-based audits with a focus on regulatory compliance and IFC

Qualifications

• CA with 14–20 years of progressive experience in Audit, Risk & Assurance.
• Strong governance and internal control knowledge required.
• Experience in coordinating with senior management and boards.

Responsibilities

• Lead internal audit function and strengthen governance frameworks.
• Drive risk-based audits and ensure regulatory compliance.
• Oversee annual audit planning, reports, and tracking of audit observations.
• Coordinate with outsourced audit firms for joint ventures and subsidiaries.
• Conduct revenue and cost optimization reviews and assist in IFC implementation.
• Utilize SAP R/3 for data analytics and reporting.

Skills

Audit

Risk management

Governance

Education

CA

Tools

SAP R/3

Job description

We're Hiring for the profile of General Manager - Audit for Delhi location

Education : CA

Experience : 14-20 years of progressive experience in Audit, Risk & Assurance

Budget: 55 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.

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