mCaffeine - Manager - Internal Control

About us/Company overview:

mCaffeine is India's 1st caffeinated personal care brand with an exciting range of Caffeinated products for young and aspiring millennials. We believe in Confidence over all skin & body biases. Redefining the age-old notions of beauty associated with colour, we never sell insecurities. We have vowed not to make fairness products. At mCaffeine beauty has no colour or gender. It's about you. You are a revolution, a culture, a routine, a high, and essentially now - a Lifestyle. You are Bold, Young and Confident. Come, join the pack!

Job Summary:

- Internal Controls Specialist will design, implement and monitors internal control systems to ensure compliance and mitigate risk.

- He will evaluate processes, identify areas for improvement, and recommend solutions to enhance efficiency and accuracy.

- This role involves conducting audits, reviewing financial reports, and ensuring alignment with company policies and regulations.

Key Roles & Responsibilities:

Internal Controls Design and Implementation:

- Develop, document, and implement internal control frameworks for financial processes (procurement, invoicing, payroll).

- Ensure segregation of duties and mitigate risks of fraud, error, and non-compliance.

- Create and update control checklists and risk-control matrices.

Monitoring and Compliance:

- Monitor financial transactions and processes to ensure adherence to internal controls.

- Conduct periodic reviews of financial activities for compliance with internal policies and external regulations (SOX, IFRS, GAAP).

- Identify control gaps and recommend corrective actions.

Risk Management:

- Identify financial and operational risks and assess their impact on business processes.

- Evaluate controls over risk-prone areas (cash handling, vendor payments).

Internal Audits and Reporting:

- Coordinate with internal and external auditors during audits.

- Prepare audit schedules, support documentation, and respond to audit queries.

- Follow up on audit findings and ensure implementation of recommendations.

Training and Awareness:

- Train finance team members on internal controls, compliance requirements, and fraud awareness.

- Promote a strong control environment and ethical conduct within the finance function.

Process Improvement:

- Continuously evaluate the effectiveness and efficiency of existing controls.

- Suggest automation or process re-engineering to strengthen financial control and reduce manual errors.

Experience / Qualifications & Skills:

- Chartered Accountant (CA) with 3-7 years of relevant experience in internal control, audit, or finance.

- Hands-on experience with ERP systems (SAP, Oracle, Microsoft Dynamics)

- Proficiency in Microsoft Excel (pivot tables, formulas, dashboards)

- Strong grasp of accounting principles

- Understanding of financial statements and reporting

- Experience with internal and external audits

- Ability to assess financial and operational risks

- Strong attention to detail

- Critical thinking and problem-solving

- Ability to identify process inefficiencies and recommend improvements

- Ability to work with cross-functional teams (audit, procurement, HR)

- High ethical standards and commitment to confidentiality