Deputy Manager - Process Control & Audit

Requirements & Qualifications:

• CA with around 5 years relevant experience.
  
• Understanding of overall Finance function in an organization.
  
• Good with MS Office Excel, Word and PowerPoint.
  
• Excellent Communication Skills Verbal and Written.
  
• Systematic and meticulous in capturing details and documenting formally.
  
• SAP working knowledge preferred
  
• Familiarity with Business Process Automation and related Tools will be added advantage
  
• Preferably Chennai based candidate
  

Roles & Responsibilities:

Assignment of Responsibilities shall largely be from the following areas:

• Review and Maintain Signatories List as part of Delegation of Authority (DOA) in line with updated Active Employees List obtained from HR every month
  
• Review and Update Delegation of Authority Matrix at least once every Quarter, in terms of Completeness, Correctness, and Relevance. Any changes in Organization Structure, Processes, Controls or Personnel should duly reflect in the updated DOA. Coordinate with Management Team and all stakeholders and Publish Updated DOA every Quarter
  
• Regular Review and Update of Standard Operating Procedures (SOP), and Risk Control Matrices (RCM), in terms of Completeness, Correctness, and Relevance, preferably Half-Yearly. Coordinate with Process Owners and Control Owners to ensure the Documents remain valid as they are. Coordinate with Management and relevant Stakeholders for necessary circulation and Approvals before formalizing such changes to the Documents
  
• Internal Control (IC) Scoping, Periodic Review, Additions and Modifications at least once a year, preferably at the start of every Financial year
  
• Carry out IC Assessments (ToD & ToE); Identification / reporting of weaknesses; ascertaining mitigation measures; tracking of mitigation implementation; Re-test & closure
  
• System Usage Review: Overview of all Systems / Applications impacting Financial Controlling & Reporting, Application of appropriate DOA across all such systems, User Monitoring - need, usage and access levels, Data Security / Integrity, etc
  
• Develop a comprehensive Risk Management Reporting framework for the Executive Management / Board of Directors / Audit Committee, as per broad Guidance from them; ensure preparation / delivery of such Reports by coordinating / collating necessary inputs from various functions; provide key insights to stakeholders from such analyses and reports
  
• Maintain and Monitor a comprehensive Governance Overview on all SPV Entities held by EEPL, constantly review Necessity, Status of Operations, Status of Regulatory Compliances, Whether necessary SLAs are in place, Exit Strategy, and Program Manage necessary steps for Exit / Closure in a time bound manner. Document & Maintain Overview summarizing all of this, for inclusion in Stakeholder Reporting
  
• F&A Content Owner and Advisory on matters relating to Accounting Principles, Application of Accounting Standards in general, and critical monitoring of adherence in particular, to key Standards relating to Revenue Recognition, Lease Accounting, Provisions and Accruals, Contingencies and Disclosures, etc.
  
• Maintain Systematic Procedures in relation to: Validation of Order Intake, Handling of Variation Orders, Adequate Documentation of Management Judgement wherever applied, Ascertaining and Booking of Onerous Contract Provisions, Identification of Leases where IndAS 116 becomes applicable, and Documentation on Leases on which it is not applied, etc
  
• Prepare complete Set of Financials with Notes and Disclosures every Quarter, preferably with Report on the lines of Annual Report
  
• Prepare Financials by State, and Financials by Verticals as well, with Balance Sheet, P&L and Cashflow
  
• Concurrent Review of Balance Sheet items, including sustainability of various categories of Assets and Liabilities. Ensure every GL in Trial Balance is properly clarified with Schedules or Sub-Ledgers as applicable. Follow-up with respective teams for Ageing Reports and Balance Confirmations
  
• Monitor Statutory Obligations, Tax Submissions and other Regulatory Compliances
  
• Analyse various Audit Requirements, that arise in the course of Statutory Audit, Tax Audit, Cost Audit, Plant Audit, and GST Audit, and Define Data Packs that need to be generated every month after the Closing is completed. Follow-up and Ensure such Data Packs are delivered by respective topic owners in timely manner. This will ensure a Concurrent State of Audit Readiness
  
• Be the Point of Contact for all such types of Audits, as well as to coordinate Internal Audit and System Audits
  
• Carry out Reconciliation between key Management Reporting Packs and Financial Reporting Packs, every month, or at least Quarterly, and take necessary actions if needed, and keep stakeholders informed
  
• Include Financials of SPVs wherever relevant in the above Scope, including preparation of Consolidated Financials. Monitor Inter-Co Billings and Reconciliations, coordinate and maintain SLAs as may be needed