Assistant Manager - Internal Audit

About Company

Founded in 2011, ReNew, is one of the largest renewable energy companies globally, with a leadership position in India. Listed on Nasdaq under the ticker RNW, ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. In addition to being a major independent power producer in India, ReNew is evolving to become an end-to-end decarbonization partner providing solutions in a just and inclusive manner in the areas of clean energy, green hydrogen, value-added energy offerings through digitalisation, storage, and carbon markets that increasingly are integral to addressing climate change. With a total capacity of more than 13.4 GW (including projects in pipeline), ReNew’s solar and wind energy projects are spread across 150+ sites, with a presence spanning 18 states in India, contributing to 1.9 % of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In the over 10 years of its operation, ReNew has generated almost 1.3 lakh jobs, directly and indirectly. ReNew has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including CPP Investments, Abu Dhabi Investment Authority, Goldman Sachs, GEF SACEF and JERA. Its mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew stands committed to providing clean, safe, affordable, and sustainable energy for all and has been at the forefront of leading climate action in India.

Job Description

The risk management and internal audit function is responsible for providing objective and independent assurance and consulting services to the organisation to add value and improve an organization’s operations.The individual will be an integral part of the Risk Management and Internal Audit team. The job may require travel to different sites upto 15% of the time. This would vary (increase/decrease) based on the audit plan and business scenarios.

The core job activities would:-

Participating in internal audits as per the approved internal audit plans.
Participating in the risk assessment exercise to determine the internal audit plan.
Working under the guidance of the RM&IA lead to supporting the implementation of audit tools and technology, presentations to the management and board.
Driving Control compliance across various processes
Establishing RCMs, performing test of design and operating effectiveness
Preparing remediation plans and tracking these plans
Interacting with stakeholder for periodic updates to controls.
Supporting risk and controls awareness activities through trainings and other forms of communications.
Participating in business projects aimed at strengthening controls and reducing risks.
Education : CA or MBA - Finance (Full-time).

Real Estate, Energy, Utilities, Manufacturing

Competencies:

Technical Expertise in IA, Risk Management
Expertise in Stakeholder Management
Impactful Communications
Strategist
Problem solver
Business Acumen

Exp. 1 to 3 years

NOT to be CONSIDERED- EY GDS, KPMG KGS, Axis backend, Accenture backend, Financial Services, NBFCs