Sagarmala Finance Corporation Recruitment 2026: Apply for Head of Internal Audit Post

Sagarmala Finance Corporation Recruitment 2026: Sagarmala Finance Corporation Limited (SMFCL), formerly known as Sagarmala Development Company Limited, has officially released a recruitment notification. SMFCL is a Schedule ‘B’ (Mini-Ratna Category-I) Central Public Sector Enterprise (CPSE) operating under the Ministry of Ports, Shipping and Waterways, Government of India.

Registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI) , SMFCL is looking to engage an expert on a contractual basis to handle critical statutory and regulatory compliance functions.

If you meet the eligibility criteria and want to work with a premier central enterprise in New Delhi, check out the complete job details below.

Key Highlights for Sagarmala Finance Corporation Recruitment

Recruitment FactorDetails
Name of the OrganizationSagarmala Finance Corporation Limited (SMFCL)
Post NameHead of Internal Audit (HIA)
Total Vacancy01
Job LocationNew Delhi
Employment TypeContractual (1 year, extendable)
Monthly SalaryRs. 90,000/- (Consolidated)
Application ModeEmail Submission
Last Date to ApplyJune 18, 2026 (Till 06:00 PM)

Detailed Eligibility Criteria for Sagarmala Finance Corporation Recruitment

To be considered for this central government job opening, candidates must fulfill the following qualification and experience parameters as of the closing date:

1. Educational Qualification required for Sagarmala Finance Corporation Recruitment

  • Candidates must have a valid CA (Chartered Accountant) or ICWAI qualification.

2. Age Limit for Sagarmala Finance Corporation Recruitment

  • The maximum age limit for applicants is 63 years as of the cut-off date.

3. Experience Required for Sagarmala Finance Corporation Recruitment

  • Total Experience: Minimum of 20 years of post-qualification experience.
  • Core Functional Experience: Out of the total 20 years, a minimum of 12 years must be in Finance, Audit, Compliance, Legal, or Risk Management functions within NBFCs, Banks, or Financial Institutions.
  • Retirement Status: The applicant must be a retired official from the Central Government, State Government, CPSUs, State PSUs, or an Autonomous Body.
  • Rank Requirement: The candidate must have retired from a rank not below the E-6 level or its equivalent.

Sagarmala Finance Corporation Recruitment- Scope of Work & Responsibilities

The selected Head of Internal Audit (HIA) will be responsible for leading the audit wing and executing the following key functions:

  • Planning and executing risk-based internal audits across financial, operational, and regulatory processes.
  • Exercising independent judgment to evaluate and resolve key audit issues.
  • Guiding the internal audit team and handling professional engagement with external auditors.
  • Utilizing data analytics and modern audit tools for operational efficiency.
  • Presenting internal audit reports, tracking audit observations, and reporting directly to the Managing Director (MD), Audit Committee, and Board of Directors.

Important Rules and Contract Terms of Sagarmala Finance Corporation Recruitment

  • Job Nature: The appointment is purely on a contract basis and does not entitle any candidate to claim regular or permanent employment in SMFCL.
  • Leave Policy: The selected officer will follow the SMFCL leave calendar for Gazetted Holidays and will be entitled to 1 casual leave per month.
  • Termination: The contractual engagement can be terminated by either side by providing a one-month prior notice.
  • Mandatory Setup: Candidates must possess a valid personal email ID and contact number, and they should be personally equipped with a laptop and a mobile internet connection.

How to Apply for SMFCL Recruitment 2026

Eligible and interested candidates can apply by submitting their application through email by following these steps:

  1. Prepare your application using the prescribed format given in Annexure A of the official notification.
  2. Fill in your personal particulars, contact details, qualification history, and detailed previous employment timeline.
  3. Affix a recent passport-sized color photograph to the application form.
  4. Attach self-attested copies of supporting documents: proof of age, educational certificates, total experience certificates, along with your updated CV.
  5. Provide documents showing the grade, pay scale structure, or CTC last drawn, along with a relieving order from your last organization.
  6. Scan the complete application form and documents into a clear file and email it to recruitment@sdclindia.com.

Important Reminder: The last date to submit the application via email is June 18, 2026, by 06:00 PM. Incomplete applications or those missing proof of age, qualifications, and pay structure will be automatically rejected.

Important Links for Sagarmala Finance Corporation Recruitment

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