Internal Audit Manager

Varthana is looking for a sharp, detail-oriented, and experienced Manager Internal Audit to lead and execute functional audits across various departments and business processes. The ideal candidate will have strong analytical skills, deep process understanding, and a proactive approach to risk identification and control evaluation.

This is a great opportunity for someone who wants to go beyond checklist-based audits and truly drive process improvements, governance, and value creation.

Key Responsibilities:

• Lead and independently conduct functional/process audits across departments such as credit, operations, HR, IT, finance, compliance, and collections.
• Evaluate internal controls, identify control gaps, and recommend process improvements.
• Prepare detailed audit reports with clear findings, risk implications, and actionable recommendations.
• Track closure of audit issues and follow-up on agreed action plans.
• Collaborate with process owners and functional heads to drive control awareness and process discipline.
• Identify risks proactively through trend analysis, data testing, and stakeholder interaction.
• Support management in strengthening internal control and governance frameworks.
• Participate in special reviews, investigations, and management-requested assignments as required.

Desired Candidate Profile:

• Qualification: CA / CIA or equivalent professional qualification.
• Experience: 58 years of experience in internal audit, preferably in NBFCs, Banks, or Financial Services.
• Leading the team consisting of 5 to 10 members.
• Strong understanding of risk, controls, and business processes.
• Excellent communication and report writing skills.
• Ability to work independently and manage multiple audits simultaneously.
• Sound judgment, integrity, and a solution-oriented mindset.