Manager - Management Assurance Services

Vikram Solar; Sriperumbudur; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Vikram Solar in India seeks an experienced Internal Audit professional to lead risk-based audits across manufacturing, procurement, finance, IT, and operations. You will develop audit programs, test procedures, and annual plans in collaboration with plant heads and corporate teams.

The role requires evaluating internal controls, identifying process gaps and recommended improvements, and presenting observations to senior management.

Qualifications

• CA with 8-10 years of experience in Internal Audit, Risk Management, Finance, or Controls.
• Experience in operational audits within large manufacturing facilities is highly desirable.

Responsibilities

• Conduct risk-based internal audits across manufacturing operations, procurement, stores, logistics, projects, finance, HR, IT, and commercial processes.
• Develop audit programs, testing methodologies, and audit schedules in alignment with the annual audit plan.
• Execute operational, financial, compliance, and process audits across factory and corporate functions.
• Evaluate adequacy and effectiveness of internal controls and identify process gaps, inefficiencies, and control weaknesses.
• Prepare audit observations, risk assessments, and actionable recommendations.
• Review production planning, manufacturing processes, yield management, scrap control, inventory management, and asset utilization.
• Audit solar cell and module manufacturing operations to assess process efficiency, material consumption, wastage controls, and productivity measures.
• Evaluate maintenance practices, spare parts management, plant reliability, and shutdown controls.
• Review adherence to SOPs, quality systems, and manufacturing best practices.
• Audit procurement processes, vendor selection, tendering, purchase orders, and contract management activities.
• Review supplier payments, inventory controls, logistics operations, and warehouse management processes.
• Assess compliance with procurement policies and DOA frameworks.
• Identify risks related to supplier management, inventory losses, and commercial leakages.
• Verify compliance with internal policies, statutory requirements, and regulatory obligations.
• Review financial controls related to revenue, expenditure, capex, fixed assets, and working capital management.
• Support investigations into fraud, irregularities, policy violations, and whistleblower complaints where required.
• Ensure compliance with GST, Companies Act provisions, environmental regulations, and other applicable laws.
• Assist in enterprise risk assessments and identification of emerging business risks.
• Evaluate risk mitigation measures and control frameworks across operational and financial processes.
• Monitor implementation of audit recommendations and closure of audit observations.
• Present audit findings and risk reports to senior management and audit committees as required.
• Leverage data analytics tools to identify trends, anomalies, and control exceptions.
• Develop continuous auditing and monitoring mechanisms for critical business processes.
• Benchmark industry best practices and recommend process improvements to enhance operational efficiency and control effectiveness.
• Partner with Plant Head, Functional Heads, Finance, SCM, Projects, and Corporate teams to drive audit objectives.
• Provide advisory support on process improvements, controls, and governance matters.
• Facilitate discussions with external auditors and regulatory authorities during reviews and inspections.
• Completion of annual audit plan within agreed timelines.
• Timely issuance of audit reports and management action plans.
• Closure and tracking of audit observations.
• Reduction in control gaps, process leakages, and compliance risks.
• Strengthening of governance and risk management frameworks.

Skills

Stakeholder Management

Data Analytics

Process Improvement

Governance

Education

Chartered Accountant (CA)

Job description

Job Description:

Key Responsibilities

Internal Audit Planning & Execution

• Conduct risk-based internal audits covering manufacturing operations, procurement, stores, logistics, projects, finance, HR, IT, and commercial processes.
• Develop audit programs, testing methodologies, and audit schedules in alignment with the annual audit plan.
• Execute operational, financial, compliance, and process audits across factory and corporate functions.
• Evaluate adequacy and effectiveness of internal controls and identify process gaps, inefficiencies, and control weaknesses.
• Prepare audit observations, risk assessments, and actionable recommendations.

Manufacturing & Operational Audits

• Review production planning, manufacturing processes, yield management, scrap control, inventory management, and asset utilization.
• Audit solar cell and module manufacturing operations to assess process efficiency, material consumption, wastage controls, and productivity measures.
• Evaluate maintenance practices, spare parts management, plant reliability, and shutdown controls.
• Review adherence to standard operating procedures (SOPs), quality systems, and manufacturing best practices.

Procurement, Supply Chain & Contract Audits

• Audit procurement processes, vendor selection, tendering, purchase orders, and contract management activities.
• Review supplier payments, inventory controls, logistics operations, and warehouse management processes.
• Assess compliance with procurement policies and delegation of authority (DOA) frameworks.
• Identify risks related to supplier management, inventory losses, and commercial leakages.

Financial & Compliance Audits

• Verify compliance with internal policies, statutory requirements, and regulatory obligations.
• Review financial controls related to revenue, expenditure, capex, fixed assets, and working capital management.
• Support investigations into fraud, irregularities, policy violations, and whistleblower complaints where required.
• Ensure compliance with GST, Companies Act provisions, environmental regulations, and other applicable laws.

Risk Management & Governance

• Assist in enterprise risk assessments and identification of emerging business risks.
• Evaluate risk mitigation measures and control frameworks across operational and financial processes.Monitor implementation of audit recommendations and closure of audit observations.
• Present audit findings and risk reports to senior management and audit committees as required.

Data Analytics & Continuous Improvement

• Leverage data analytics tools to identify trends, anomalies, and control exceptions.
• Develop continuous auditing and monitoring mechanisms for critical business processes.
• Benchmark industry best practices and recommend process improvements to enhance operational efficiency and control effectiveness.

Stakeholder Management

• Partner with Plant Head, Functional Heads, Finance, SCM, Projects, and Corporate teams to drive audit objectives.
• Provide advisory support on process improvements, controls, and governance matters.
• Facilitate discussions with external auditors and regulatory authorities during reviews and inspections.

Key Deliverables

• Completion of annual audit plan within agreed timelines.
• Timely issuance of audit reports and management action plans.
• Closure and tracking of audit observations.
• Reduction in control gaps, process leakages, and compliance risks.
• Strengthening of governance and risk management frameworks.

Educational Qualifications

• Chartered Accountant (CA)

Experience

• 8-10 years of experience in Internal Audit, Risk Management, Finance, or Controls.
• Experience in conducting operational audits within large manufacturing facilities is highly desirable.