Role To provide independent and objective assurance on the effectiveness of risk management, internal controls, and governance processes, while supporting the organization in achieving its strategic and operational objectives. • Assurance & Cost Control-Corporate role • ERM/Risk Management process &ESG policy implementation • Fraud prevention & investigation • Participate in enterprise risk assessment and annual audit planning • Identify high-risk areas and prioritize audit coverage • Develop risk-based audit programs and procedures • Audit plan and strategy for respective business • Conduct financial, operational, compliance, and process audits • Evaluate adequacy and effectiveness of internal controls • Perform data analysis and sample testing • Identify control gaps, inefficiencies, and potential fraud indicators • Prepare clear, concise, and actionable audit reports • Highlight key risks, root causes, and recommendations • Present findings to senior management and audit committees • Maintain proper audit documentation and working papers • Ensure compliance with applicable laws, regulations, and internal policies • Review adherence to frameworks such as: Institute of Internal Auditors (IIA Standards) • Track implementation of audit recommendations • Validate closure of audit observations • Escalate delays or critical unresolved issues Key function area 1. Audit Planning & Risk Assessment 2. Execution of Internal Audits 3. Reporting & Documentation 4. Compliance & Governance 5. Follow-up & Monitoring 6. Fraud Risk & Investigation Support • Identify red flags and fraud risks • Support forensic audits and investigations when required • Recommend process improvements and cost optimization opportunities • Act as a business partner while maintaining independence • Support implementation of best practices in governance and control • Improvements in business process and operating policies etc. with automation focus • Working with business in setting up ERM/Risk management process, matrix for respective function. • Controlling internal audit execution within schedule and of required quality • Cost control & Cost Reduction 7. Process Improvement & Advisory etc. • OTHER JOB DETAILS Role will be to undertake independent audit role/assignment in various business/entities. • Job may require travel of about 7 days in a month. • Interaction with internal audit firm and with internal GACC team and management. • Discussion with statutory auditor for internal control, internal audit etc. • KEY ACCOUNTABILITIES & RESPONSIBILITIES ACCOUNTABILITIES RESPONSIBILITIES 1. Operational • Driving ERM,ESG in respective business. Reporting of Risks and mitigation status. • Making risk based audit plan and audit committee approval.Proactive intervention and continuous audit focus. • Evaluating IT \SAP Risks for internal controls evaluation etc. and support/drive automation. • Policy and Standard operating procedures review and driving required changes etc. • Tracking implementation of respective companies and escalation of open issues to management, Audit Committee. • Making monthly IA,risk,governance report and report on system improvement, open issue status etc. • Industry benchmarking • Identification of best practices with respect to benchmarking of process, rate of similar industry etc. • Risk register • KEY CHALLENGES • Process improvements with legislative framework, and undertaking benchmarking from similar industry. • Driving ERM, ESG timely and ensuring identification of all risks and also taking up with management for mitigation. • Investigation involving high data validation from other firms etc. • Process improvement in automated, on automated process. • KEY DECISIONS • Made by Jobholder: • Incumbent takes decisions on operational aspect of the audit assignment • Decision of audit strategy • Decision of Risks mitigation • Decision on Investigation data analytics and approach • Recommendations to superior: Recommendations on risk matrix framework, audit execution, audit investigation etc., Major risks and mitigation (pro-active intervention etc.) operational efficiencies, process improvements and cost savings. • INTERACTIONS • Internal Interactions: Employee at all level in Essar entities, GACC employee, CFO and other leaders etc. • External Interactions: • For benchmarking etc. in industry/forums etc. • Vendors etc. • Statutory auditor. • SKILLS & KNOWLEDGE Educational Qualifications & Certifications: Chartered Accountant\experienced internal auditor ERM exposure,CII will be additional qualification. Relevant (Functional/Level) & Total Years of Experience: Experience in large firm Internal audit function-post qualification experience 10-12-year plus (excluding article ship experience) Functional Skills: • ERM/Risk management • Internal Audit, Investigation • Commercial and accounting. • Advanced knowledge SAP-Mainly –FI, SD, MM module,and other technology understanding and skills. • Expert knowledge of MS, Excel & IT Audit/Analytics tools. Behavioural Skills: • Analytical/ Probing Skills, Conceptual Thinking • Aptitude to pick up new practices and concepts quickly • Communication and presentation skills • Good Interpersonal.