About The Role

As an Internal Audit & ICOFR Consultant, you will work with leading organizations across industries on risk-based internal audit, internal controls, ICOFR/IFC assessments, business process reviews, and control improvement initiatives.

The role provides an excellent prospect to interact with senior management and client stakeholders while developing expertise across internal audit, financial and operational controls, risk management, governance, and internal control frameworks.

You will be involved in engagements covering the end-to-end internal audit and ICOFR lifecycle, including risk assessment, process understanding, walkthroughs, process and control documentation, RACM development, control design assessment, operating effectiveness testing, identification and evaluation of control deficiencies, remediation support, and reporting.

The role will also provide opportunities to work on process improvement initiatives and advise clients on strengthening their control environment and improving the effectiveness and efficiency of business processes.

Responsibilities





• You will work as part of a team of problem solvers, helping clients identify and address business,
• Execute risk-based internal audit and ICOFR/IFC engagements across business and finance processes, individually and as part of a team.
• Assist in developing risk assessments and internal audit plans, including identification of key V1.0 business, financial reporting, compliance, and operational risks.
• Conduct process walkthroughs with process owners and develop process narratives, flowcharts, Risk and Control Matrices (RACMs), and control documentation.
• Evaluate the design and implementation of controls and perform testing of operating effectiveness in accordance with the applicable audit methodology.
• Perform internal audit procedures to assess the adequacy and effectiveness of financial, operational, and compliance controls.
• Identify control gaps, process inefficiencies, an

📌 Consultant - Business Risk Advisory (Bengaluru)
🏢 Pierag Consulting
📍 Bengaluru