Support the organizations internal audit processes, focusing on evaluating the adequacy of risk management and internal controls within Air India. This role contributes to the improvement of operational efficiencies and compliance with applicable laws and regulations.

Functional Activities

• Assist in the planning and execution of internal audits to assess controls, operational efficiencies, and compliance with all regulatory requirements.
• Support risk assessments and reviews of systems and processes to identify potential areas of improvement.
• draft detailed reports on audit findings and present these findings to senior management.
• Collaborate with different departments to facilitate the implementation of corrective actions based on audit findings.
• Conduct follow-ups on pending audit issues to ensure effective resolution and compliance.
• Participate in continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques, and performance standards.
• Coordinate the scheduling and logistics of internal audits, ensuring audits are conducted at optimal times without disrupting core business activities.
• Utilize data analytics tools to identify trends, anomalies, and opportunities for improvement in internal controls and risk management.

Any other additional responsibility could be assigned to the role holder from time to time as a standalone project or regular work.

Risk Management

Stakeholder management skills

Strong Interpersonal skills

Strong Negotiation skills

Attention to details

Knowledge of auditing techniques

Analytical Skills

Audit Management Metrics

• Timely completion of Internal Audits

Compliance and Risk Management Metrics

• Compliance Management

• Risk Assessment and Mitigation

Internal Interfaces

Cross Functional Teams 

Collaborate with other functions to understand their specific operational needs, assess risks within their areas, act on control frameworks

External Interfaces

nil

Minimum Education Requirement

• Chartered Accountant
• Certified Internal Auditor (CIA) / CISA desirable

Minimum Requirement

Desired

Experience

• 2-4 years in internal auditing

• 2+ years of experience in internal auditing in ERP environment
• Exposure to Service / Retail Industry