Internal Auditor

Internal Auditor - Job description – Payfin

- If numbers, audits, and compliance excite you, you’re exactly who we’re looking for! -
Location: JP Nagar Phase 1, BengaluruJob Type: Full-time, Work in Office

Website: https://payfin.tech/#/

We are a growing fintech startup enabling businesses to manage collections, payouts, and financial operations with speed and security. As we scale, we are strengthening our finance function and seeking an Internal Auditor to ensure financial accuracy, control, and compliance.

You as an Internal Auditor will be responsible for conducting end-to-end internal audits, identifying gaps in controls, assessing risks, and ensuring compliance with statutory, financial, and RBI regulations. This role requires strong analytical skills, fintech domain awareness, and the ability to partner with cross-functional teams.

You will be Responsible for:

• Conduct periodic internal audits of financial statements, ledgers, and expense reports.
• Review accounting entries, journal postings, vendor payments, and reimbursements for accuracy.
• Verify payouts, collections, and reconciliations across bank accounts, merchants, and partners.
• Perform daily audits of transaction flows, merchant onboarding, settlement processes, and reconciliations. Ensure compliance with Companies Act regulations.
• Maintain proper audit documentation, work papers, and reports for management review.
• Highlight areas of risk, fraud, or revenue leakage within finance operations. Provide insights to management on financial efficiency and compliance health.
• Liaise with auditors, tax consultants, and banking partners for compliance requirements. Support in statutory audits and external auditor reviews.

Must Have:

• Strong knowledge of internal audit practices, financial controls, and risk management.
• Understanding of fintech/payment industry operations (UPI, wallets, payouts, merchant settlements).
• Familiarity with RBI regulations, AML/KYC norms, and data security requirements.
• Strong analytical, problem-solving, and reporting skills.
• Ability to work independently with high integrity.

Qualifications:

• Certified Internal Auditor (CIA) or MBA Finance, MCom or related field.
• 3–5 years of internal audit experience (preferably in fintech, payments, BFSI, or Big 4 consulting).
• Exposure to regulatory audits, RBI inspections, or startup ecosystems is an added advantage.

Why Join Us?

• Be part of a fintech company driving digital payments innovation.
• Opportunity to set up and strengthen the internal audit function.
• Work closely with leadership and regulators to ensure highest governance standards.

Take the Lead:
If you are a detail-oriented auditor passionate about compliance and governance in fintech, apply now at hr@payfin.tech and be part of our journey to redefine financial solutions!

Job Types: Full-time, Permanent

Pay: ₹400,000.00 - ₹600,000.00 per year

Benefits:

• Health insurance
• Paid sick time
• Paid time off
• Provident Fund

Ability to commute/relocate:

• Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Experience:

• Internal audits: 3 years (Required)

Work Location: In person