Risk Advisory (Internal Audit & IFC).

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.

:

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

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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.

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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