Internal Audit Consultant (NON FS)

Innovative; Bangalore Rural; On-site; INR 800,000 - 1,800,000; Full time

Job summary

Innovative is seeking a motivated Consultant for Risk Advisory’s Internal Audit (Non-FS) practice in India. The role involves conducting audits across Non-FS domains, evaluating controls, and presenting findings to clients.

The candidate will engage with clients to tailor risk solutions, collaborate with cross-functional teams, and stay updated on regulatory changes. Willingness to travel within India and abroad is required.

Qualifications

• Qualified CAs with articleship from Big-4 firms.
• MBAs from top Business Schools with 0 - 3 years of experience.
• Other qualified CAs/ MBAs with 1-4 years or Graduates with 4-6 years of relevant experience in risk consulting/ operations or compliance in Financial Services industry.

Responsibilities

• Conduct internal audits and risk assessments across Non FS Domain.
• Evaluate internal controls, identify gaps, and recommend process improvements.
• Prepare detailed audit reports and present findings to client stakeholders.
• Ensure compliance with regulatory requirements and internal policies.
• Engage directly with clients to understand business processes and deliver tailored risk solutions.
• Collaborate with cross-functional teams to support broader risk advisory initiatives.
• Stay abreast of industry developments, regulatory changes, and emerging risks.
• Monitor progress, manage risk and verify stakeholders are kept informed.

Skills

Data analytics

Internal Audit

Risk assessment

Regulatory awareness

Education

CA with articleship

MBA

Tools

MS Excel

PowerPoint

Job description

INTERNAL AUDIT (NON FS)

We are looking for a motivated and client-focused Consultant to join our Risk Advisory team, specializing in Internal Audit for the Non Financial Services sector. This role is ideal for professionals with hands‑on experience in Non FS Internal Audit, combined with a strong background in audit and risk management.

Following are some of our key service offerings:

• Risk Based Internal Audit
• Enterprise Risk Management
• Risk Assessment
• Model Business Process Development
• Compliance Assistance Contracts and regulations
• Corporate Governance Advisory Review and Assessment
• Revenue Assurance
• Control Self-Assessment
• Continuous Auditing / Continuous Monitoring
• Apart from the above service offerings, we also assist client organizations around various aspects viz. Accounting Manuals, Capital Projects Audits, Project focused Control Assessment, setting up IA function, etc.

> Role & Responsibilities

• Conduct internal audits and risk assessments across Non FS Domain
• Evaluate internal controls, identify gaps, and recommend process improvements.
• Prepare detailed audit reports and present findings to client stakeholders.
• Ensure compliance with regulatory requirements and internal policies.
• Engage directly with clients to understand business processes and deliver tailored risk solutions.
• Collaborate with cross-functional teams to support broader risk advisory initiatives.
• Stay abreast of industry developments, regulatory changes, and emerging risks.
• Monitor progress, manage risk and verify key stakeholders are kept informed about progress and expected outcomes
• Demonstrate in-depth technical capabilities and professional knowledge. Demonstrate ability to assimilate to new knowledge
• Possess good business acumen. Remain current on new developments in advisory services capabilities and industry knowledge
• The job would require travel to client locations within India and abroad

> THE INDIVIDUAL

• Possess strong domain knowledge, understanding of business processes and possible risks in operations
• Ability to perform and interpret process gap analysis
• Ability to understand and identify risks in business processes
• Understanding of control rationalization, optimization, effectiveness and efficiency
• Have experience in process consulting/ internal audit/ risk consulting of Financial Services Sector
• Strong analytical and problem-solving skills. Possess strong data analytics skills and knowledge of advanced data analytical tools will be an advantage
• Strong written and verbal communication skills (presentation skills)
• Ability to work well in teams
• Advanced understanding of IT systems, Knowledge of MS office (MS Excel, PowerPoint, Word etc); and
• Have the ability to work under pressure stringent deadlines and tough client conditions which may demand extended working hours
• Willingness to travel within India or abroad for continuous long periods of time
• Demonstrate integrity, values, principles, and work ethic and lead by example

> Qualification

• Qualified CAs with articleship from Big-4 firms, MBAs from top Business Schools with 0 - 3 years of experience
• Other qualified CAs/ MBAs with 1 4 years OR Graduates with 4 - 6 years of relevant experience in risk consulting/ operations or compliance function role in Financial Services industry (Understanding of internal audit, business processes, sector understanding)
• Certifications like Certified Internal Auditor (CIA) would be an added advantage

> SELECTION PROCESS

• Candidates should expect 2 - 3 rounds of personal or telephonic interviews to assess fitment and communication skills

> Compensation

• Compensation is competitive with industry standards