Internal Financial Control

Job Description

Location: Bangalore

Reports to: Engagement Manager / Senior Manager

Department: Risk Advisory / Assurance Services

Job Summary

We are looking for a dynamic and detail-oriented professional to join our consulting team as an Internal Audit (IA) and IFC Associate & Senior Associate. The role involves working with diverse clients to enhance their internal audit processes, implement robust internal financial controls, and drive organizational compliance with applicable regulatory frameworks. The candidate will also provide advisory support to clients for process improvement and risk mitigation strategies.

Focus on: Performing risk-based IA focused on value addition and forensic reviews. Also, should have hands on experience in developing policies, SOPs and KPIs in core business areas for large consumer product companies

Key Responsibilities Internal Audit (IA)

- Develop audit plans, strategies, and methodologies tailored to client needs and industry standards.
- Conduct risk assessments and identify key areas of concern within client operations.
- Execute end-to-end internal audits, including process walkthroughs, testing, and reporting findings.
- Draft and present audit reports with actionable recommendations to senior client stakeholders.
- Collaborate with client teams to address audit observations and follow up on remediation plans.
- Stay updated on industry trends, best practices, and regulatory changes impacting clients.

Internal Financial Controls (IFC)

- Assess clients existing financial control frameworks and identify gaps.
- Assist in designing and implementing internal financial controls in compliance with applicable regulations (e.g., SOX, Companies Act).
- Perform control testing (design and operating effectiveness) and provide detailed reports on findings.
- Guide clients in documenting processes, controls, and related risks.
- Support clients in meeting external audit requirements and certifications.
- Deliver training and workshops on internal controls and risk management to client teams.

Skills and Qualifications

- Educational Background: CA, CPA, CIA, MBA (Finance), or equivalent qualifications.
- Experience:
- 2-3 years for Consultant Level.
- 3-5 years for Senior Consultant Level.
- Experience working in a sizeable consulting firm or Big 4 or industry is preferred.
- Strong understanding of audit methodologies, risk management frameworks, and IFC requirements.
- Familiarity with regulatory standards (e.g., SOX, COSO, Companies Act).
- Proficiency in using audit and risk management tools, ERP systems (SAP, Oracle), and analytics platforms.
- Exceptional analytical, problem-solving, and communication skills.

Key Competencies

- Strong project management and multitasking abilities.
- Ability to work with diverse client industries and deliver customized solutions.
- High professional integrity and ethical standards.
- Strong interpersonal skills for client interactions and stakeholder management.
- Ability to work in a fast-paced, dynamic consulting environment.

Preferred

- Experience in a SaaS-based control assessment environment.
- Certifications such as CISA, CRMA, or other relevant qualifications.
- Knowledge of AI and data-driven auditing tools.
- Exposure to multinational clients or global compliance frameworks.

Why Join Us

- Opportunity to work with leading clients across industries.
- Exposure to cutting-edge tools and technologies in risk and compliance.
- Collaborative and growth-driven work environment.
- Professional development opportunities, including certifications and training.

Industry

- Business Consulting and Services

Employment Type

Full-time

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