SMFCL Head of Internal Audit Recruitment 2026

About This Job

Sagarmala Finance Corporation Limited (SMFCL) is hiring 1 Head of Internal Audit (HIA) on a contract basis. If you are a CA or ICWAI qualified retired official from a Central or State Government, CPSU, or autonomous body (not below E-6 level), you can apply by email. The last date to apply is 18 June 2026. The monthly remuneration is Rs. 90,000/- (consolidated) and the maximum age limit is 63 years.

Sagarmala Finance Corporation Limited (SMFCL) Head of Internal Audit Recruitment 2026 - 1 Post

Sagarmala Finance Corporation Limited (SMFCL), formerly known as Sagarmala Development Company Limited, has released notification Advt No. 03/Consultant/2026 for the engagement of one Head of Internal Audit on a contract basis. SMFCL is a Mini-Ratna Category-I CPSE under the Ministry of Ports, Shipping and Waterways and is registered as a Non-Banking Financial Company (NBFC) with RBI. This role is open only to retired government or PSU officials with senior-level audit experience. Selection is based on shortlisting and assessment of credentials.

Who Can Apply?

Educational Qualification

• You must be a qualified Chartered Accountant (CA) or ICWAI (Cost Accountant).

Experience Requirement

• Minimum 20 years of post-qualification experience.
• Out of these, at least 12 years must be in Finance, Audit, Compliance, Legal, or Risk Management functions of an NBFC, Bank, or Financial Institution.

Eligibility Status

• You must be a retired official from a Central Government, State Government, CPSU, State PSU, Autonomous Body, or any equivalent organization.
• Your rank at retirement should be not below E-6 level or equivalent.

Age Limit

• Maximum age: 63 years as on the cut-off date.
• Cut-off date for age and experience: 18 June 2026 (the last date of application).

Salary

• Monthly Remuneration: Rs. 90,000/- (consolidated).
• Note: This is a consolidated monthly amount with no separate allowances, since the engagement is on contract basis.

Application Fee

• No application fee is mentioned in the notification for this contractual post.

Selection Process

The selection process is merit-based and conducted in the following stages:

1. Application Scrutiny: SMFCL will scrutinize the documents submitted with the application, including age proof, qualification, experience, and last drawn pay details.
2. Shortlisting: Only candidates fulfilling the eligibility criteria will be shortlisted for further consideration.
3. Final Assessment: Selection is based on professional record and credentials. No written exam is conducted for this post.

How to Apply

1. Download the prescribed application format (Annexure-A) from sdclindia.com.
2. Fill in all personal, qualification, and experience details.
3. Attach a self-attested CV, proof of age, qualification, experience, and last drawn pay including level/grade/CTC.
4. Paste a recent passport-sized colour photograph on the application.
5. Email the completed application to recruitment@sdclindia.com on or before 18 June 2026 by 6:00 pm.
6. Keep a copy of the email and attachments for your records.

Important Dates

• Notification Date: 20 May 2026
• Last Date to Apply: 18 June 2026 (by 6:00 pm)
• Cut-off Date for Age and Experience: 18 June 2026

Period of Engagement

• The engagement is on a contractual basis for 1 year, further extendable based on performance and requirement.
• The contract can be terminated on either side with one month's notice.
• You will be entitled to 1 casual leave per month in addition to the leave calendar of SMFCL for Gazetted Holidays.
• Courts of jurisdiction will be at New Delhi.

• Plan and execute risk-based internal audits across the organization
• Exercise independent judgement and evaluate key audit issues
• Guide the internal audit team and engage with external auditors
• Use data analytics and modern audit tools to improve audit quality
• Report directly to the Managing Director, Audit Committee, and Board of Directors
• Audit financial, operational, and regulatory processes of the corporation
• Present internal audit reports and follow up on audit observations
• Ensure statutory and regulatory compliance within SMFCL