Risk Advisory (Internal Audit & IFC).

TYA Business Solutions; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

TYA Business Solutions is seeking an Associate to join its Risk Advisory practice in Bengaluru. The role focuses on executing Internal Audits and IFCICoFR engagements across diverse industries while collaborating with cross-functional teams and senior professionals.

You will work under supervision to plan, execute, and report on audits, develop scoped programs, perform walkthroughs, risk assessments, and controls testing, and identify improvement opportunities across processes and financial

Qualifications

• Strong understanding of internal audit concepts, internal controls, and risk management.
• Exposure to IFCICoFR reviews through prior experience or article-ship.
• Good analytical, problem-solving, and documentation skills.
• Working knowledge of MS Office (Excel, PowerPoint, Word).
• Ability to communicate clearly and professionally with clients and team members.
• Strong attention to detail and willingness to learn.
• Communication & Reporting.

Responsibilities

• Assist in planning, executing, and reporting internal audit assignments.
• Develop audit program based on client processes and scope finalized and get it reviewed by the seniors.
• Perform process walkthroughs, risk assessments, and controls testing.
• Identify control gaps, operational inefficiencies, and opportunities for process improvement.
• Prepare workpapers, audit evidence, and draft observations in line with firm methodology.
• Develop scoping for IFC design assessments, operating effectiveness testing, and remediation tracking.
• Evaluate design and implementation of financial reporting controls.
• Assist in preparing testing results, deficiency assessments, and client deliverables.
• Maintain high-quality documentation and ensure compliance with internal methodology and standards.
• Liaise with client teams for data requirements, clarifications, and status updates.
• Contribute to knowledge building, templates, and best practices.
• Work effectively in teams and manage timelines across multiple engagements.

Skills

Internal Audit

Risk Management

IFC ICoFR

MS Office

Communication

Attention to detail

Problem solving

Education

B.Com / M.Com

CA/CMA with articles

Tools

Microsoft Excel

MS Word

PowerPoint

Job description

JOB DESCRIPTION

Associate- Risk Advisory [INTERNAL AUDIT (IA), INTERNAL FINANCIAL CONTROL (IFC)]

Experience: 1 to 2 years

We are seeking an enthusiastic and detail-oriented Associate to join our Risk Advisory practice. The role focuses on executing Internal Audits and IFCICoFR engagements across diverse industries while working closely with cross-functional teams and senior professionals. This position offers strong exposure to end-to-end risk management processes, internal control evaluation, and improvement initiatives.

Job Description:

Ability to work under the supervision of a Manager/ In-charge and ensure timely reporting to the designated reporting authority

Internal Audit

• Assist in planning, executing, and reporting internal audit assignments
• Develop audit program based on client processes and scope finalized and get it reviewed by the seniors
• Perform process walkthroughs, risk assessments, and controls testing
• Identify control gaps, operational inefficiencies, and opportunities for process improvement
• Prepare workpapers, audit evidence, and draft observations in line with firm methodology

IFC ICoFR

• Develop scoping
• Perform meetings with process owners and develop flow charts and RCM
• Support IFC design assessments, operating effectiveness testing, and remediation tracking
• Evaluate design and implementation of financial reporting controls
• Assist in preparing testing results, deficiency assessments, and client deliverables

General Responsibilities

• Maintain high-quality documentation and ensure compliance with internal methodology and standards.
• Liaise with client teams for data requirements, clarifications, and status updates
• Contribute to knowledge building, templates, and best practices
• Work effectively in teams and manage timelines across multiple engagements

________________________________________

Required Skills & Competencies

• Strong understanding of internal audit concepts, internal controls, and risk management
• Exposure to IFCICoFR reviews through prior experience or article-ship
• Good analytical, problem-solving, and documentation skills
• Working knowledge of MS Office (Excel, PowerPoint, Word)
• Ability to communicate clearly and professionally with clients and team members
• Strong attention to detail and willingness to learn
• Communication & Reporting

Good verbal and written communication skills

Ability to draft clear, concise audit findings and actionable recommendations

Software & Tools:

• Proficiency in Microsoft Excel (pivot tables, lookups, charts, etc.)
• Proficiency in MS Word and PowerPoint for report preparation and presentations

________________________________________

Eligibility

• B.Com / M.Com graduates with 12–24 months of experience in internal audit or risk advisory; OR
• Fresher Chartered Accountants/ CMA with article-ship experience in IFC–ICoFR and/or internal audits.

________________________________________

What We Offer

• Opportunity to work with leading clients across sectors
• Structured learning pathways and mentorship
• Exposure to advanced risk methodologies and digital audit tools
• A collaborative and high-performance work environment

Software & Tools:

Proficiency in Microsoft Excel (pivot tables, lookups, charts, etc.)

Proficiency in MS Word and PowerPoint for report preparation and presentations

Communication & Reporting

Good verbal and written communication skills

Ability to draft clear, concise audit findings and actionable recommendations