Associate Manager - MAG

Date: 3 Feb 2026

Location:

Hyderabad, IN

Company:

JOB PURPOSE

The role is responsible for auditing the operations and financial areas within the organization to ensure accuracy and compliance with policies, procedures, laws & statues and applicable local laws and regulation, good business practices, government guidelines and laws. The role will identify and report on findings, as well as make recommendations to improve policies or procedures accordingly including governance, risk management processes and smooth execution of Monthly / Quarterly/ yearly audit plan.

ORGANISATION CHART

This position will report to Head - MAG (GHIAL)

KEY ACCOUNTABILITIES

Accountabilities	Key Performance Indicators
Preparation of Audit Universe & annual audit plan	Draft Audit universe & annual audit plan submission
Undertake Audits, Special assignments	Submit draft reports
Review Pre-audits	Review pre-audits and tracker maintained for pre-audit to ensure adherence to turn-around time.
Internal financial controls	Co-ordinate & Provide support to outsourced auditors in performance of control checks
Data Analytics & Reporting	Use SAP and Idea tool for analyzing voluminous data to provide audit assurance
Co-sourced auditors work certification and performance evaluation	Timely invoice processing and service entry in SAP. Performance evaluation of auditors on quarterly basis.
Use of AI tool	Uses technology in audits viz. Copilot, Power BI etc.
Audit Reports & Compliance Status Monitoring	Timely updation of LARS Closure of open audit observations
Represent MAG in Scrap committee meetings & Business excellence meetings	Provide objective process related inputs in the meetings
MAG Efficiency and Effectiveness	Ensure compliance to MAG Operations Manual. Continuous Learning through knowledge sharing sessions

KEY ACCOUNTABILITIES - Additional Details

EXTERNAL INTERACTIONS

Statutory Auditors: for quarterly audit & Yearly audit providing the relevant IFCs through Finance and Accounts team.
Consultants: To take the stock of audit progress on daily /weekly basis for conclusion and materialization into audit report.
Various external parties: for reconciliation of bills processing and knowledge additions.

INTERNAL INTERACTIONS

Various audit teams for audits/ special assignments /documents verification, follow-ups and report discussion.

MAG team members of other Group Companies for obtaining MIS, Audit reports, knowledge sharing sessions, changes in audit processes ensuring uniformity in audit practice.

FINANCIAL DIMENSIONS

Annual Budget excluding employee cost: Rs.12,000 crores
Execution of audits / special assignments as per annual audit plan

OTHER DIMENSIONS

Co-ordinate with Outsourced team members – 10-12 team members

EDUCATION QUALIFICATIONS

CA

RELEVANT EXPERIENCE

Minimum 4-6 years’ experience in Audit, Assurance and Risk Management.
Audit planning & execution
Working Knowledge of SAP
Hands-on experience in data analytics
Inter-personal skills for handling Auditees
Familiar with usage of technology in audits – Power BI & AI tools like Copilot, Chatgpt.

COMPETENCIES

Personal Effectiveness
Social Awareness
Entrepreneurship
Problem Solving & Analytical Thinking
Planning & Decision Making
Capability Building
Strategic Orientation
Stakeholder Focus
Networking
Execution & Results
Teamwork & Interpersonal influence