Larsen & Toubro | Corporate Internal Controls

Responsibilities

• Maintain, strengthen, benchmark and upgrade Internal Financial Controls (IFC).
• Support systemic remediation of audit observations and implement preventive controls.
• Create corporate level guidelines and SOPs.
• Facilitate review of RACMs considering changes in external & regulatory environment, adoption of technology and strengthening controls.
• Review the internal audit reports and identify the observations relating to internal controls and support remediation of observations by implementing preventive controls.
• Prepare and present monthly reports on key audit observations to Management.
• Support standardization and implementation of best practices across Organization by releasing Guidelines, Policies & SOPs.
• Create awareness about internal controls, prevention & detection of fraud risks.

Larsen & Toubro Limited (L&T)

Larsen & Toubro Limited (L&T) is an Indian multinational engaged in engineering, procurement and construction (EPC) projects, hi-tech manufacturing and services. It was founded in Mumbai in 1938 by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro, and today works in more than 50 countries with a team of over 50,000 professionals. Its businesses span infrastructure and buildings construction, power transmission and water projects, hydrocarbon and energy projects, heavy engineering, precision engineering and defence systems, and shipbuilding; the group also includes the listed companies LTIMindtree, L&T Technology Services and L&T Finance. L&T's shares are listed on the NSE and BSE.

For finance professionals, L&T's head office, business-unit offices and project sites offer work in project and site accounting, financial reporting and book closure, GST and direct tax compliance, internal controls, corporate risk management and insurance, treasury and hedging, financial planning and analysis, and mergers and acquisitions. These roles suit CA, CMA (ICWA) and MBA (Finance) profiles as well as B.Com and M.Com graduates.

• Industry: Engineering, construction (EPC projects), hi-tech manufacturing and services
• Headquarters: Mumbai, India (L&T House, Ballard Estate)
• In India: Corporate offices in Mumbai (Powai) and Chennai, manufacturing campuses such as Hazira, Vadodara, Coimbatore and Talegaon, and project sites across India