Job Description – Internal Audit & IFC (CA / ACCA)

Hiring–Mumbai CA/ACCA

Position: Internal Audit & Internal Financial Controls (IFC) Professional
Location: Mumbai, Maharashtra
Qualification: Qualified Chartered Accountant (CA) / ACCA
Experience: 1–5 years (including relevant post-qualification experience)
Employment Type: Full-time

Job Purpose

To conduct internal audits, evaluate internal financial controls (IFC), identify operational and financial risks, assess control effectiveness, and recommend improvements to strengthen the organisation's governance, risk management and compliance framework.

Key Responsibilities1. Internal Audit

- Execute risk-based internal audits across business functions and processes.
- Conduct process walkthroughs and identify control gaps.
- Review financial, operational and compliance processes.
- Evaluate adherence to company policies, SOPs and regulatory requirements.
- Prepare audit reports highlighting observations, risks and recommendations.
- Follow up on implementation of audit recommendations.

2. Internal Financial Controls (IFC / ICFR)

- Perform IFC and ICFR assessments in accordance with applicable regulatory requirements.
- Evaluate the design and operating effectiveness of internal controls.
- Prepare and review Risk & Control Matrices (RCMs).
- Conduct walkthroughs, control testing and sample-based verification.
- Identify control deficiencies and recommend corrective actions.
- Document audit evidence and maintain working papers.

3.



Risk Management & Compliance

- Identify financial, operational and process-related risks.
- Assess the adequacy of risk mitigation controls.
- Review compliance with applicable provisions of the Companies Act, 2013.
- Support statutory audit and IFC-related requirements.
- Assist in strengthening internal control frameworks.

4. Reporting & Documentation

- Prepare detailed audit findings and management reports.
- Discuss observations with process owners and management.
- Track management action plans and closure of audit observations.
- Maintain proper audit documentation and supporting evidence.

Educational Qualifications

- Qualified Chartered Accountant (CA) or ACCA.
- Candidates with relevant Internal Audit, IFC, Risk Advisory or Assurance experience preferred.
- Knowledge of Companies Act, 2013 and IFC reporting requirements.

Desired Skills

- Strong understanding of Internal Audit and IFC/ICFR.
- Knowledge of Risk & Control Matrix (RCM).
- Understanding of financial reporting and business processes.
- Robust analytical and problem-solving skills.
- Excellent communication and report-writing skills.
- Proficiency in MS Excel and PowerPoint.
- Exposure to SAP, Oracle or other ERP systems will be an advantage.

Pay: ₹900,000.00 - ₹1,000,000.00 per year

Application Question(s):

- Which year you cleared CA
- How many yrs experience in Internal Audit
- Are you ok with 9 lacs CTC
- Notice period

Work Location: In person

📌 CA Internal Audit Mumbai
🏢 xcela
📍 Mumbai