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Description
Role Summary Position: AVP/CM – Internal Controls Location: Mumbai Reporting to: Head – Internal Controls Grade: AVP/CM 🔹 Core Responsibilities The role is quite comprehensive and focuses on governance, risk management, internal controls, and compliance within the finance function. Key areas include: Internal Control Management: Overseeing business process controls and improving internal control frameworks (SOPs, RCMs, IFC). Leading IFC reviews with external consultants. Financial Oversight: Monitoring budgets, ensuring financial discipline, and managing cost control efforts. Ensuring quality control over financial transactions and reporting. Audit & Compliance: Supporting audits (internal, concurrent, and regulatory like SEBI). Driving remediation efforts on audit observations. Regulatory Liaison: Working with regulatory teams, especially around SEBI inspection requirements. Ensuring fact-checked submissions to regulators. Technology & Controls: Ensuring IT controls and segregation of duties within the finance domain. Reviewing timeliness and control effectiveness in treasury, tax, and reporting. Operational Oversight: Oversight on payroll, vendor payments, taxation, and overall finance operations. Ensuring accuracy and controls in booking and physical verifications. 🔹 Qualifications & Experience CA (Chartered Accountant) – mandatory. Experience: 14–18 years in finance/audit/internal controls roles, with minimum 5–6 years in a senior leadership capacity. Preferred sectors: Financial Services, Banking, or Stock Exchange environments. 🔹 What This Role Demands Strong grip on financial governance frameworks like ICOFR, IFC, SOPs, and audit protocols. Experience with regulatory bodies (especially SEBI) and financial control in large organizations. Sharp analytical mindset to handle budget monitoring, cost control, and financial reviews. Prior exposure to stock exchange operations or BFSI is highly preferred. ✅ Ideal Candidate Profile CA with 15+ years in financial controls/internal audit/compliance within financial institutions. Prior leadership roles managing regulatory audits, internal controls, or financial governance. Exposure to SEBI audits, IFC frameworks, ICOFR, and budgetary controls. Strong communication and coordination skills for working with external consultants, auditors, and regulators. Show more Show less
