Manager - Risk and Internal Control

Siemens; Navi Mumbai; Hybrid; INR 1,200,000 - 1,800,000; Full time

Job summary

Siemens in Navi Mumbai is seeking a motivated Risk and Internal Control Professional to strengthen the organization’s internal control framework and enterprise risk management. You will contribute to control assessments, risk monitoring, and reporting quality across the group.

The role requires MBA preferred, strong knowledge of P2P, O2C, H2R, and proficiency with Excel and SAP. You will collaborate with cross-functional teams and drive digitalization initiatives in risk management.

Qualifications

• MBA preferred.
• Strong understanding of internal control frameworks, IT controls, and core business processes such as P2P, O2C, and H2R.
• Prior exposure to internal audit, risk management, internal controls, or related assurance activities is desirable.
• Proficiency in Excel-based analysis, financial models, trend interpretation, and root cause analysis.
• Strong written and verbal communication for senior management.
• Proactive, adaptable, collaborative, and able to manage multiple priorities with ownership mindset.
• Proficiency in MS Office applications, especially Excel, PowerPoint, and Word.

Responsibilities

• Support periodic internal control assessments for the company and group companies, identify control gaps, and recommend improvement actions.
• Review control activities across periodic review functions and report observed deficiencies in a structured manner.
• Assist in risk identification, risk monitoring, mitigation tracking, and related management reporting.
• Ensure timely and accurate documentation in the global RIC tool, including adherence to local reporting requirements.
• Coordinate with RIC support partners across business units and corporate departments to drive effective risk and control processes.
• Support ad-hoc assignments from management with ownership, flexibility, and a solution-oriented approach.
• Contribute to digitalization initiatives within the Risk Management function and support departments in strengthening risk awareness.

Skills

Risk management

Internal controls

P2P processes

O2C processes

H2R processes

Excel analytics

Stakeholder communication

Education

MBA

Tools

SAP ERP

MS Excel

Job description

Risk and Internal Control Professional

Role Overview
We are looking for a motivated and detail-oriented Risk and Internal Control Professional to support the organizations internal control framework, enterprise risk management processes, and control monitoring activities. The role will contribute to risk identification, control assessments, reporting quality, stakeholder coordination, and digitalization initiatives across the organization and group companies.

Key Responsibilities

• Internal Controls: Support periodic internal control assessments for the company and group companies, identify control gaps, and recommend improvement actions.
• Controls Monitoring: Review control activities across periodic review functions and report observed deficiencies in a structured manner.
• Enterprise Risk Management: Assist in risk identification, risk monitoring, mitigation tracking, and related management reporting.
• Global Tool Reporting: Ensure timely and accurate documentation in the global RIC tool, including adherence to local reporting requirements.
• Stakeholder Collaboration: Coordinate with RIC support partners across business units and corporate departments to drive effective risk and control processes.
• Special Assignments: Support ad-hoc assignments from management with ownership, flexibility, and a solution-oriented approach.
• Digitalization and Risk Advisory: Contribute to digitalization initiatives within the Risk Management function and support departments in strengthening risk awareness.

Key Qualifications

• Education: MBA preferred.
• Risk and Control Knowledge: Strong understanding of internal control frameworks, IT controls, and core business processes such as P2P, O2C, and H2R.
• Relevant Experience: Prior exposure to internal audit, risk management, internal controls, or related assurance activities is desirable.
• Analytical Capability: Proficiency in Excel-based analysis, financial models, trend interpretation, and root cause analysis.
• Communication Skills: Strong written and verbal communication skills with the ability to present insights clearly to diverse stakeholders, including senior management.
• Professional Attributes: Proactive, adaptable, assertive, collaborative, and able to manage multiple priorities with a strong ownership mindset.
• Technical Skills: Proficiency in MS Office applications, especially Excel, PowerPoint, and Word.

Additional Desirable Skills

• Professional certifications such as CIA, DISA, or CISA.
• Experience working with ERP systems, preferably SAP.