Internal Audit- IFC

Looking for Graduate or MBA with 1+ Years of experience in Internal Audit function

• Perform Internal Financial Controls (IFC) audits in accordance with Companies Act, 2013 and ICAI Guidance Note on IFC.
• Conduct process walkthroughs, identify key risks, and document Risk Control Matrices (RCM) for financial processes.
• Evaluate design and operating effectiveness of internal controls over financial reporting.
• Test controls relating to revenue, lending operations, treasury, investments, procure-to-pay, payroll, IT general controls (ITGC) etc.
• Assist in internal audits of Banks, NBFCs, Insurance Companies, and other financial institutions.
• Identify control gaps, deficiencies, and weaknesses and recommend process improvements.
• Prepare IFC audit documentation, working papers, and draft audit observations.
• Support statutory audit teams by providing IFC reliance and control testing results.
• Ensure compliance with RBI, IRDAI, SEBI and other applicable regulatory guidelines.
• Coordinate with client management to obtain explanations, evidence, and process clarifications.

Desired Skill Set:

•  Strong understanding of IFC framework, COSO, risk-based auditing.
•  Knowledge of banking & NBFC operations, loan lifecycle, NPA norms, provisioning, treasury
• operations.
•  Working knowledge of SAP / Oracle / Core Banking Systems (CBS) is an added advantage.
•  Proficiency in Excel, audit documentation, and report writing.
•  Good analytical, communication, and client-handling skills.

Required Qualifications & Skills

B.Com / M.Com / MBA (Finance)

2–5 years’ experience in IFC / Internal Audit within a CA firm or financial services

environment.

Prior exposure to financial sector clients will be preferred.