Senior Manager Internal Audit & Risk… at Robert Bosch · Bengaluru

companyDescription Bosch Global Software Technologies Private Limited is a 100% owned subsidiary of Robert Bosch GmbH, one of the world's leading global supplier of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 28,200+ associates, it’s the largest software development center of Bosch, outside Germany, indicating that it is the Technology Powerhouse of Bosch in India with a global footprint and presence in the US, Europe and the Asia Pacific region. jobDescription Roles & Responsibilities : Position Overview: The Senior Manager Internal Audit & Risk Management would be responsible for overseeing and managing a portfolio of audits & Risk Management. The role involves assessing internal controls, risk management processes, financial reporting, and ensuring compliance with legal and regulatory standards. This individual will play a critical role in safeguarding the company’s assets, driving operational efficiency, and ensuring adherence to company policies and industry standards. The incumbent should have experience in managing a team of resources and presenting audit reports to top management. The role reports to Head of Audit. Key Responsibilities: Audit Planning & Strategy: Lead the development of the annual internal audit plan in collaboration with senior management, ensuring alignment with the organization's objectives and risk profile. Lead discussions with management and senior stakeholders on Enterprise Risk Management Conduct risk assessments to identify key areas of concern and prioritize audits & risk activities accordingly. Delivery: Lead a team of qualified Accountants to deliver the audits and ERM activities Perform audits of financial, operational, compliance, and IT-related areas in both the corporate and software-specific sectors. Evaluate the adequacy and effectiveness of internal controls, risk management practices, and corporate governance processes. Compliance & Regulatory Oversight: Ensure the company complies with relevant local and international regulatory frameworks, GDPR (General Data Protection Regulation), and industry-specific standards. Monitor and report on the effectiveness of compliance programs and internal control procedures. Reporting & Communication: Prepare detailed audit reports summarizing findings, risks, and recommendations Prepare, evaluate and present ERM plan & findings to Head of Audit & Risk Present audit results and provide actionable insights to Head of Audit & Risk Work closely with stakeholders to discuss audit results and drive the implementation of corrective actions. Team Management: Lead and manage a team of risk professionals, ensuring proper allocation of resources and efficient execution of audits, risk activities Provide coaching, mentorship, and development opportunities for junior auditors to enhance their skills and performance. Continuous Improvement: Identify areas for improvement in internal controls, audit processes, and risk management. Recommend and implement best practices to enhance efficiency and effectiveness in the internal audit function. Stay updated on industry trends, emerging risks, and new audit methodologies relevant to the software and GCC sectors. Collaboration with External Auditors & Stakeholders: Act as the primary point of contact for external auditors and regulatory bodies during audits and reviews. Collaborate with other departments such as finance, legal, compliance, and IT to understand operational challenges and address audit findings. Regular interactions with senior leadership for ERM Key Skills and Competencies: Strong understanding of internal audit methodologies, risk management, and corporate governance frameworks. Expertise in software development processes, IT controls, and security risk management. Strong analytical skills, with the ability to assess complex systems and identify control weaknesses. Excellent communication skills, both written and verbal, to communicate audit findings to senior management and stakeholders. Leadership capabilities to manage teams and drive cross-functional collaboration. Knowledge of ERP systems, financial reporting tools, and audit software qualifications Educational qualification: Qualifications: Bachelor’s degree in accounting, Finance, Business, or a related field. CA/CIA/CPA/ICAEW or equivalent certification preferred. 15+ years of experience in internal audit & risk management, preferably in the software or Big 4 consulting companies Experience with risk-based auditing and knowledge of IT audit frameworks. Experience in auditing software development lifecycle or technology-driven processes is an advantage. additionalInformation