Sagarmala Finance Corporation Limited (SMFCL), a Mini Ratna Category-I CPSE under the Ministry of Ports, Shipping and Waterways and an RBI-registered NBFC based in New Delhi, is hiring for the post of Head of Internal Audit (HIA) on a contractual basis. There is a single vacancy. The senior role involves planning risk-based internal audits, evaluating key audit issues, guiding the audit team and reporting to the MD, Audit Committee and Board of Directors.
SMFCL Head of Internal Audit Recruitment 2026
- Notification13 Oct
- Applications Opentill 20 Oct
About SMFCL Head of Internal Audit Recruitment 2026
Job Overview
- Organization
- Sagarmala Finance Corporation Limited, New Delhi
- Post Name
- Head of Internal Audit (HIA)
- Job Location
- New Delhi, Delhi
- Who Can Apply
- Candidates from anywhere in India
- Job Type
- Contract
- Age Limit
- Up to 63 years
- Gender
- All
- Nationality
- Indian
- Experience
- Minimum 20 years of post-qualification experience, of which at least 12 years in Finance, Audit, Compliance, Legal or Risk Management functions
- Pay Scale
- Rs. 1,00,000 per month, negotiable based on qualifications and experience
- Tenure
- 1 year, extendable based on performance and requirement
- Notice Period
- One month, terminable by either side
Vacancy Breakdown
| Post Name | Total |
|---|---|
| Head of Internal Audit (HIA) | 1 |
Eligibility Details
Essential minimum educational qualification: CA / ICWAI. Minimum 20 years of post-qualification experience, out of which minimum 12 years should be in Finance / Audit / Compliance / Legal / Risk Management functions.
| Post | Qualification |
|---|---|
| Head of Internal Audit (HIA) - Qualification and Experience | Essential minimum educational qualification: CA / ICWAI. Minimum 20 years of post-qualification experience, out of which minimum 12 years should be in Finance / Audit / Compliance / Legal / Risk Management functions. |
Age Limit
Maximum 63 years as on the cut-off date of 23.09.2026
Selection Process
- 1Shortlisting
Candidates are shortlisted based on their qualifications and experience.
- 2Engagement Interview / Selection Process
Shortlisted candidates are put through an engagement interview or selection process.
Salary Structure
Rs. 1,00,000 per month, negotiable based on qualifications and experience
How to Apply
- 1Download the application form in the prescribed format given at Annexure A of the notification.
- 2Fill in all the required personal and professional details accurately.
- 3Attach self-attested copies of proof of age, educational qualifications, experience certificates and details of last drawn pay including level, grade and/or CTC.
- 4Enclose a recent passport-sized colour photograph on the application form.
- 5Email the complete application package to [email protected].
Documents to Carry / Upload
Important Details
- The engagement is purely on contract and does not entitle the candidate to claim regular or permanent employment in SMFCL.
- The cut-off date for reckoning age and experience is 23.09.2026.
- Candidates must produce their relieving order and last pay slip from the last served organisation in the event of selection, and should possess a valid email ID and contact number along with a laptop and mobile with internet connection.
- Applications are liable to rejection if evidence of age, qualification, experience and pay (pay scale/CTC) is not furnished.
Scope of Work
- Planning and executing risk based internal audits
- Exercising independent judgement and evaluating key audit issues
- Guiding the audit team and engaging with auditors
- Applying experience in data analytics and audit tools
- Reporting typically to the MD, Audit Committee and Board of Directors
- Auditing financial, operational and regulatory processes
- Presenting internal audit reports and following up on audit observations
Leave and Termination Terms
The officer shall follow the leave calendar of SMFCL for Gazetted Holidays and is entitled to 1 casual leave in a month. The contract can be terminated by either side by giving one month's notice.
Contact
Email: [email protected]
Frequently Asked Questions
Is the SMFCL Head of Internal Audit position permanent?
No. The appointment is purely on a contractual basis for 1 year, extendable based on performance and requirement, and gives no claim to regular or permanent employment in SMFCL.
Can the contract be terminated before it ends?
Yes. Either side can terminate the engagement by giving one month's notice.
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