Internal Control Lead - Hyderabad Hub

Job title: Internal Control Lead - Hyderabad Hub

• Location: Hyderabad

JOB PURPOSE:

Opella has set up its regional Hub in Hyderabad to provide Finance & Accounting (Account-to-Report, Customer-Invoicing-to-Cash, Source-to-Value), Regulatory & Master Data Processing for its regional and global subsidiaries.

The Internal Control Lead - Hyderabad Hub is a key interlocutor of the head of the Hyderabad Hub for establishing and maintaining a reliable control environment.

His/her initiative aims at ensuring the reliability and exhaustiveness of financial information, the security of assets as well as the compliance with established guidelines and procedures in line with Global policies.

The Internal Control Lead - Hyderabad Hub conducts a risk-assessment process and a yearly control self-assessment, ongoing self-testing, participates in local committees, identifies internal control deficiencies, recommends improvements, helps to develop adequate action plans and follows up their implementation.

KEY ACCOUNTABILITIES:

• Jointly with Internal Control and Audit Lead and Head of Internal Control, Global Support Functions, provide active support to process owners for the formalization and design of local procedures and ensure that actual processes and controls are adequately described in local procedures

• Ensure that local procedures are formalized, updated and in line with the Global policies, standards and guidance and verify that local procedures are adequately approved and communicated

• Jointly with process owners, monitor the definition and enforcement of proper segregation of duties rules, and ensure they are in line with the requirements of the Global policies, standards and guidance

• Organize internal control trainings and support for training employees on policies and procedures and develop targeted actions to increase internal awareness

• Implement a Control Framework within the Hyderabad Hub in line with Opella Core Model

• MONITORING AND RELATIONSHIP WITH AUDITORS (internal and external) and with E&BI (Ethics & Business Integrity)

• Act as a key point of contact for internal control matters

• Act as a key point of contact for the Internal Audit before, during and after internal audit reviews

• Establish, formalize and lead a local risk assessment from initial risk assessment to action plan follow-up in line with Risk Management standards

• Partner with key stakeholders to build deeper levels of data privacy implementation process
  

REQUIREMENTS:

The role requires an individual who is capable of working autonomously and proactively and works well as a team player.

Builds effective working relationships with Hyderabad Hub teams and its stakeholders as well as external partners where applicable.

• 5-10 Years of relevant experience in external and/or internal audit or other internal control related functions and demonstrated ability to define and implement a risk assessment and monitoring program,

• Internal control experience including Big 4 consulting firm in financial audit or clear internal control experience in BPO / MNC environment

• Fluency in English mandatory

• Excellent organizational and analytical skills as well as communication skills to build commitment

• Proven ability to manage multiple projects, work effectively with cross-functional partners and drive process improvement initiatives across an organization

• Strong conflict resolution skills, positive attitude and ability to drive adoption among stakeholders / process owners

• AICPA, CIA or similar professional credentials are preferred

• Customer orientated
  

NICE TO HAVE:

• Leadership experience