Assistant Vice President/Chief Manager - Internal Controls - CA

Position: AVP/CM - Internal Controls.

Location: Mumbai.

Reporting to: Head - Internal Controls.

Grade: AVP/CM.

Core Responsibilities:

- The role is quite comprehensive and focuses on governance, risk management, internal controls, and compliance within the finance function.

Key areas include:.

Internal Control Management:.

- Overseeing business process controls and improving internal control frameworks (SOPs, RCMs, IFC).

- Leading IFC reviews with external consultants.

Financial Oversight:.

- Monitoring budgets, ensuring financial discipline, and managing cost control efforts.

- Ensuring quality control over financial transactions and reporting.

Audit & Compliance:

- Supporting audits (internal, concurrent, and regulatory like SEBI).

- Driving remediation efforts on audit observations.

Regulatory Liaison:.

- Working with regulatory teams, especially around SEBI inspection requirements.

- Ensuring fact-checked submissions to regulators.

Technology & Controls:.

- Ensuring IT controls and segregation of duties within the finance domain.

- Reviewing timeliness and control effectiveness in treasury, tax, and reporting.

Operational Oversight:.

- Oversight on payroll, vendor payments, taxation, and overall finance operations.

- Ensuring accuracy and controls in booking and physical verifications.

Qualifications & Experience - CA (Chartered Accountant) - mandatory.

- Experience: 14-18 years in finance/audit/internal controls roles, with minimum 5-6 years in a senior leadership capacity.

- Preferred sectors: Financial Services, Banking, or Stock Exchange environments.