FAMY Group - Senior Manager/Manager - Internal Audit/Risk Management - CA (8-10 yrs)

Title of Position: Senior Manager/ Manager

Function: Internal Audit and Risk Management

Location: Head Office (Fort, Mumbai)

Experience (No. of Years): 8-10 yrs

Qualification: CA

About Company:

Famy Group is founded by the Taparia Family from Mumbai - India, and led by Mr. J.P. Taparia. The Group commenced its journey in 1987, with incorporation of Famy Care Ltd., with sharp focus on womens reproductive healthcare segment and a vision to improve the quality of women's health through research and innovation.

Over the next two decades, Famy Care became a global leader in a wide range of contraceptive pills, injectable and intrauterine devices and went on to become the worlds largest generic manufacturer of oral contraceptive pills. In 2015, the Group entered into a strategic transaction with Mylan Inc., one of the top five generic pharma companies globally, for sale of its womens healthcare business for ~USD 800 mn. This has been among the most successful exits in the pharma industry of India

Since then the Group has continued to build other businesses in the pharmaceutical, consumer, health & wellness space, besides being one of the most well-respected Family Offices in India. For more details, please refer below websites of group verticals.

Job Responsibilities Internal audit:

- Collaborate with various departments to develop and implement improvements in processes and controls.

- Build necessary internal control systems to ensure that adequate checks and controls are built in the various work processes.

- Periodically analyse and evaluate the effectiveness of the control systems in place to mitigate risk and promote the control culture of the organization

- Finalise internal audit plan on various areas of business and compliance function

- Liaise with all departments within the organisation to ensure effective and efficient auditing of operations

- Build strong relationships with key stakeholders to facilitate communication and enhance understanding of audit findings.

- Recommend changes in policies and procedures in a way that shall impact positively on the achievement of the goals and objectives of the Audit Unit in the organization

- Present the audit report to the management, highlighting any areas of concern and the resultant action plan.

- Monitor the implementation of recommendations.

- Stay updated on industry trends, best practices, and regulatory changes to inform audit strategies.

Risk Management:

- Working with the management to make risk management review plan for the various activities of the group

- Develop an assessment framework that helps in assessing risk profile of the current activities

- Devise a comprehensive plan to implement changes based on risk review plan at period intervals

Skills/Attributes/Knowledge Essential:

- Excellent communication skills

- Planning & analytical skills

- Eye for detailing and quick observer

- Proactive, co-operative and supportive team player

- Ability to work to deadlines