Head of Internal Audit

W3villa Technologies Pvt. Ltd.; Delhi; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

W3villa Technologies Pvt. Ltd. in Delhi (HQ) seeks an experienced Head of Internal Audit to lead a real‑time, SAP‑integrated governance function spanning financial controls, BOM integrity, manufacturing process audit, and field/logistics controls.

The role reports to the Audit Committee and MD, requiring travel to Safiabad, Jhundpur, and other locations. It emphasizes independence and strong stakeholder management with procurement, SCM, production and finance heads.

Qualifications

• CA / CIA / CISA or equivalent with 10+ years in internal audit in manufacturing or listed-company environments.
• Experience building SAP-based or ERP-integrated audit and control frameworks — not solely Excel-based post-facto audit.
• Experience working with Big-4 or forensic audit teams on joint engagements.
• Exposure to IFC reporting for listed companies and direct interaction with Audit Committee.
• Manufacturing/process audit exposure is a strong plus for NPI/compliance requirements.
• Strong stakeholder management across Procurement, SCM, Production and Finance with independent reporting.

Responsibilities

• Design and implement real-time SAP-based control monitoring (BOM-vs-purchase variance, inventory movement, GRN reconciliation).
• Build and own the internal audit governance framework (risk-based annual audit plan, SOPs, SoD, escalation matrices).
• Oversee process and technical audit coverage across manufacturing and field operations.
• Coordinate with external forensic/statutory auditors and ensure evidentiary trails meet external review standards.
• Report to Audit Committee on gaps, remediation, and fraud-risk indicators; maintain independence.
• Lead SoD design and enforcement across SAP roles and access rights for high-risk transactions.
• Lead root-cause investigations with evidence-based methods and independent records.
• Develop live MIS/dashboard for variance tracking and control-effectiveness metrics.
• Support Companies Act ICFR reporting and SEBI LODR disclosure signaling.

Skills

SAP experience

Internal audit

IFC/ICFR

NPI gates

Forensic coordination

Stakeholder management

Data dashboards

Education

CA / CIA / CISA or equivalent

Tools

SAP

ERP systems

Job description

1 Position

12.0-20.0 Years

Job Description

1. Role Overview
Reporting line: Functionally to the Audit Committee of the Board; administratively to the Managing Director. This dual-reporting structure is deliberate — it protects the independence of the audit function from the operating functions it reviews.
Location: Delhi (HQ) with regular travel to Safiabad, Jhundpur and other plant/warehouse locations.
Job Purpose:
Build and lead a modern, technology-enabled internal audit and governance function spanning financial controls, procurement and Bill-of-Material (BOM) integrity, manufacturing process audit (New Product Introduction gates), and field/logistics controls. The mandate is to move the function from periodic, manual, post-facto review to real-time, SAP-integrated monitoring across all plants and functions — and to operate as a credible, independent governance layer for a listed company, not a clerical checking desk.
2. Key Responsibilities

• Design and implement real-time SAP-based control monitoring — BOM-vs-purchase variance, inventory movement, dispatch/GRN reconciliation — replacing manual/Excel-based post-facto checks.
• Build and own the internal audit governance framework: risk-based annual audit plan, audit-execution SOPs, maker-checker-approver structures, and escalation matrices.
• Own process and technical audit coverage across manufacturing (NPI gate audits — thermal/IP65 compliance logs), field operations (geofencing, dispatch integrity), and support functions (freight, procurement).
• Coordinate with external forensic and statutory auditors on joint or overlapping engagements; ensure internal audit findings and evidentiary trails meet a standard usable in external or forensic review if required.
• Report periodically to the Audit Committee on control gaps, remediation status, and fraud-risk indicators, maintaining functional independence from operational management.
• Own segregation-of-duties (SoD) design and enforcement across SAP roles and access rights, especially for high-risk transaction types (goods movement, invoice creation, dispatch approval).
• Lead root-cause investigations on flagged variances and observations, using a documented, evidence-based methodology — anchoring to independently verifiable records (customs, GST, bank/UPI data) wherever internal records alone would be insufficient.
• Build and maintain a live MIS/dashboard for variance tracking, audit-observation ageing, and control-effectiveness metrics for leadership review.
• Support listed-company obligations: Companies Act Internal Financial Controls (Section 134(5)(e)) reporting, coordination with statutory auditors on ICFR testing, and flagging matters with potential SEBI LODR disclosure relevance to Legal/Company Secretary — flagging only; the disclosure call itself sits with Legal/CS.

3. Qualifications & Experience

• CA / CIA / CISA or equivalent, with 10+ years in internal audit, including at least 4-5 years in a manufacturing/industrial or listed-company environment.
• Demonstrated experience building SAP-based or ERP-integrated audit and control frameworks — not solely Excel-based post-facto audit.
• Experience working alongside Big-4 or forensic audit teams on joint or overlapping engagements.
• Exposure to Internal Financial Controls (IFC) reporting for listed companies and direct Audit Committee interaction.
• Manufacturing or process audit exposure (quality gates, technical compliance logs) is a strong plus given Servotech's NPI and product-compliance requirements.
• Strong stakeholder management — able to hold ground with Procurement, SCM, Production and Finance heads while reporting independently to the Audit Committee/MD.
• Analytical rigor and hands‑on comfort with SAP/data tools — able to build dashboards, not just consume them.
• Independence and backbone — willing to escape uncomfortable findings, including against senior functional heads, without being managed into silence.
• Investigative/forensic mindset — evidentiary discipline, chain‑of‑custody thinking, and the ability to design reconciliation methodologies that do not rely solely on records that could be internally manipulated.

5. KRA / KPI Framework
Key Result Area | Key Performance Indicator
Real-Time Control Architecture - SAP-based BOM-vs-Purchase variance dashboard live within 60 days of joining. ≥80% of manual/Excel reconciliations replaced by automated SAP-triggered checks within 6 months.
Audit Governance Framework - Risk-based annual audit plan presented to MD/Audit Committee within 45 days. Audit SOP (maker-checker-approver, escalation matrix, SoD design) documented and rolled out within 90 days.
Process & Technical Audit Coverage - NPI Gate Audit Log operational within 60 days, covering 100% of new product launches thereafter. Field Geofencing / dispatch‑integrity report issued monthly from month 2 onward, on schedule.Fraud‑Risk & Control‑Gap Remediation - Audit‑observation ageing tracked and reported monthly. ≥90% of critical observations closed within 30 days of being raised. Zero repeat findings on previously closed items.External / Forensic Audit Coordination - 100% of information requests from external or forensic auditors answered within agreed SLA. No Audit Committee escalation regarding Internal Audit's responsiveness to external engagements.Governance & Independence - Quarterly Audit Committee presentation delivered on schedule. SAP access‑rights / segregation‑of‑duties review of high‑risk roles completed at least twice a year. Any independence or conflict‑of‑interest issue escalated within 5 working days.Listed-Company Compliance Support - All control gaps with potential disclosure relevance flagged to Legal / Company Secretary within 48 hours of identification. Zero instances of an IFC-relevant gap surfacing first via external audit rather than internal audit.

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