Sagarmala Finance Corporation Limited Recruitment 2026 for Head of Internal Audit, Sagarmala Finance Corporation Limited (SMFCL), formerly known as Sagarmala Development Company Limited, is a Schedule ‘B’ Mini Ratna Category-I Central Public Sector Enterprise operating under the Ministry of Ports, Shipping and Waterways, Government of India. The organization is also registered with the Reserve Bank of India (RBI) as a Non-Banking Financial Company (NBFC).
To strengthen its statutory and regulatory compliance framework, SMFCL is seeking to appoint a qualified professional expert for the following position:
- Post Name: Head of Internal Audit (HIA)
- Number of Vacancies: 01
The selected candidate will be responsible for overseeing internal audit functions and ensuring compliance with applicable statutory, regulatory, and corporate governance requirements within the organization.
Candidates interested in applying are encouraged to thoroughly review the official notification before submitting their applications to ensure they meet all requirements. The official notification and website links are provided below in the article please read carefully.
Last Date of Application: 18th June 2026
Eligibility Criteria and Other Details for Sagarmala Finance Corporation Limited Recruitment 2026 for Head of Internal Audit
Head of Internal Audit (HIA) – Vacancy Details
Post Name: Head of Internal Audit (HIA)
Number of Positions: 1
Educational Qualification:
Applicants must possess a professional qualification of Chartered Accountant (CA) or Cost and Management Accountant (ICWAI/CMA).
Tenure of Engagement:
The appointment will be made on a contract basis for an initial period of one year. The contract may be extended further depending on the candidate’s performance and the organization’s requirements.
Age Limit:
Candidates should not be more than 63 years of age as of the prescribed cut-off date.
Experience Requirements:
Applicants must have at least 20 years of post-qualification professional experience, including a minimum of 12 years in Finance, Audit, Compliance, Legal, or Risk Management functions within NBFCs, banks, or other financial institutions.
The position is intended for retired officers from the Central Government, State Governments, Central or State Public Sector Undertakings, Autonomous Bodies, or comparable organizations who have served at a rank equivalent to E-6 level or above.
Remuneration:
The selected candidate will receive a consolidated monthly remuneration of ₹90,000.
General Instructions for Applicants
Applicants are advised to carefully review the eligibility requirements, terms, and conditions before submitting their application. Candidates should ensure that they meet all prescribed criteria and provide accurate information in the application form.
- The engagement is purely contractual in nature and does not confer any right to claim regular or permanent employment with SMFCL.
- Selected candidates will follow the official holiday calendar of SMFCL and will be entitled to one casual leave per month during the contract period.
- Either party may terminate the contract by providing one month’s prior notice.
- Applicants must thoroughly read the recruitment notification and verify that they satisfy all eligibility conditions as of the closing date of application submission.
- Any incorrect information, false declaration, or suppression of material facts may lead to rejection of the application at any stage of the recruitment process. If such discrepancies are discovered after appointment, the engagement may be terminated without prior notice.
- The cut-off date for determining age and work experience is 18 June 2026, which is also the last date for submission of applications.
- SMFCL reserves the right to modify, restrict, cancel, or alter the recruitment process at any stage without assigning any reason.
- Candidates selected for the position must furnish their relieving order and last pay slip from their most recent employer.
- Applicants should have a valid email address and mobile number for communication purposes and must possess a laptop and internet-enabled mobile device.
- Applications lacking supporting documents related to age, educational qualifications, work experience, or salary details (pay scale/CTC) are liable to be rejected.
- Incomplete applications or those received after the prescribed deadline will not be considered.
- Any legal disputes arising from this recruitment process will be subject to the jurisdiction of courts in New Delhi.
- SMFCL retains the discretion to relax or revise eligibility requirements, including qualifications, experience, and other selection criteria, if deemed necessary.
- No individual correspondence will be entertained from applicants who are not shortlisted or selected for the position.
How to Apply?
Eligible and interested candidates should submit their application in the prescribed format (Annexure A) along with an updated CV and self-attested copies of supporting documents, including proof of age, educational qualifications, work experience, and details of the last salary drawn, indicating the applicable pay level/grade and/or CTC. Applicants must also attach a recent passport-size colour photograph.
The completed application package should be emailed to recruitment@sdclindia.com no later than 18 June 2026, 6:00 PM. Applications received after the deadline may not be considered.
Note: for more and complete details please check the notification below.
<<<<Check Official Notification>>>>
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