Senior Manager, Internal Control

PhonePe Group is seeking a Senior Manager, Internal Control to join their team in Bangalore. PhonePe is India’s leading digital payments company with 50 crore (500 Million) registered users and 3.7 crore (37 Million) merchants. The PhonePe Group offers every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

The Senior Manager, Internal Control will play a crucial role in developing and executing an annual management testing plan for ICFR controls, anti-corruption financial controls, and group-wide controls. He/She will ensure timely remediation of gaps by proactively engaging with business, tech, and controllership teams.

Responsibilities:

• Develop and execute an annual management testing plan for ICFR controls, Anti-corruption financial controls and group wide controls.
• Ensure that gaps are remediated timely by proactively engaging with the business, tech and controllership team.
• Prepare and maintain documentation of each key control (ICFR, ACFC & group wide) and engage with internal & external auditors/stakeholders on controllership behalf as required.
• Identify and communicate potential risks and control weaknesses to senior management.
• Prepare clear, concise, and insightful audit reports summarizing findings and recommendations.
• Identify opportunities for process improvements and efficiency gains within the internal financial control team.
• Contribute to the development and enhancement of audit methodologies and tools.
• Supervise, mentor, and develop a team of internal risk and control auditors, fostering a collaborative and high-performing environment.
• Provide guidance and feedback to team members, ensuring quality and consistency in risk management work.

Requirements:

• Minimum of 8-10 years of progressive experience in internal audit / external audit (tech + process), with a proven track record of success.
• Strong understanding of internal audit standards, risk management frameworks (e.g., COSO), and control methodologies.
• Strong communication, presentation, and interpersonal skills.
• Experience in leading and managing audit teams.

PhonePe offers:

• Insurance Benefits
• Wellness Program
• Parental Support
• Mobility Benefits
• Retirement Benefits
• Other Benefits