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IIFL Finance Internal Auditor Interview Questions and Answers

Updated 20 Nov 2024

IIFL Finance Internal Auditor Interview Experiences

1 interview found

Internal Auditor Interview Questions & Answers

user image Divyakumari Rakesh Pandey

posted on 20 Nov 2024

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Oct 2024. There were 2 interview rounds.

Round 1 - HR 

(2 Questions)

  • Q1. About myself and professional life
  • Q2. Professional and personal life
Round 2 - One-on-one 

(2 Questions)

  • Q1. About myself and professional life
  • Q2. Current job experience
  • Ans. 

    I have 5 years of experience as an internal auditor in a multinational corporation.

    • Performed financial audits to ensure compliance with regulations

    • Conducted risk assessments and developed audit plans

    • Communicated findings to management and recommended improvements

    • Collaborated with external auditors during annual audits

  • Answered by AI

Internal Auditor Jobs at IIFL Finance

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Interview questions from similar companies

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-

I applied via Company Website and was interviewed before May 2023. There were 3 interview rounds.

Round 1 - Coding Test 

Basic coding based on job profile

Round 2 - Technical 

(1 Question)

  • Q1. More about project
Round 3 - HR 

(1 Question)

  • Q1. Salary negotiation
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Feb 2023. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Like basic tableau and sql
Round 2 - Case Study 

Based on sql queries

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Jun 2024. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. What information do you have regarding SEBI circulars?
  • Ans. 

    SEBI circulars are regulatory guidelines issued by the Securities and Exchange Board of India.

    • SEBI circulars are regulatory guidelines issued by the Securities and Exchange Board of India to ensure compliance and transparency in the securities market.

    • These circulars cover a wide range of topics including disclosure requirements, investor protection, market conduct, and regulatory compliance.

    • SEBI circulars are important...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - A suitable company to begin your career.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Nov 2024. There was 1 interview round.

Round 1 - One-on-one 

(5 Questions)

  • Q1. Tell me about yourself.
  • Ans. 

    Experienced internal auditor with a background in finance and risk management.

    • Over 5 years of experience in internal auditing

    • Strong background in finance and risk management

    • Skilled in conducting audits, identifying risks, and implementing controls

    • Proficient in analyzing financial data and preparing reports

    • Excellent communication and interpersonal skills

  • Answered by AI
  • Q2. Family background
  • Q3. What activities did you engage in during your articleship?
  • Ans. 

    During my articleship, I engaged in various activities such as auditing financial statements, conducting internal control reviews, and assisting in risk assessment.

    • Auditing financial statements

    • Conducting internal control reviews

    • Assisting in risk assessment

  • Answered by AI
  • Q4. What is the process of conducting an internal audit?
  • Ans. 

    The process of conducting an internal audit involves planning, executing, reporting, and follow-up.

    • Plan the audit by defining objectives, scope, and methodology.

    • Gather relevant data and evidence through interviews, document reviews, and observations.

    • Analyze the data to identify risks, control weaknesses, and areas for improvement.

    • Report findings to management and recommend corrective actions.

    • Follow up on implementation...

  • Answered by AI
  • Q5. What is the difference between internal and statutory audits?
  • Ans. 

    Internal audits are conducted by internal staff to evaluate and improve the effectiveness of risk management, control, and governance processes within an organization, while statutory audits are required by law and are conducted by external auditors to ensure compliance with financial reporting standards.

    • Internal audits are conducted by internal staff, while statutory audits are conducted by external auditors.

    • Internal ...

  • Answered by AI

I applied via Referral and was interviewed before Feb 2021. There was 1 interview round.

Round 1 - HR 

(7 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Share details of your previous job.
  • Q4. Why should we hire you?
  • Q5. Why are you looking for a change?
  • Q6. What are your strengths and weaknesses?
  • Q7. Tell me about yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - Mothilal Oswal...is one of Best Oraganistion...

I applied via Naukri.com and was interviewed before Nov 2019. There were 5 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Pls explain withholding tax law in Singapore
  • Ans. 

    Withholding tax is a tax deducted at source from payments made to non-residents for services rendered in Singapore.

    • Withholding tax rate is typically 15% but can vary depending on the type of payment and the tax treaty between Singapore and the non-resident's country

    • Payments subject to withholding tax include royalties, interest, technical services, and director's fees

    • The payer is responsible for withholding the tax and...

  • Answered by AI
  • Q2. Please explain PIC benefits in Singapore
  • Ans. 

    PIC benefits are tax incentives provided by the Singapore government to encourage businesses to invest in productivity and innovation.

    • PIC stands for Productivity and Innovation Credit

    • It provides tax deductions or cash payouts for qualifying expenses in areas such as research and development, automation, and employee training

    • The scheme has been replaced by the Enterprise Development Grant (EDG) and the Enhanced-Tier Inc...

  • Answered by AI
  • Q3. Explain 1 tax litigation handled by you in the past

Interview Preparation Tips

Interview preparation tips for other job seekers - Be perfect with your technical knowledge. Be confident while answering questions

I applied via Walk-in and was interviewed before Feb 2021. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. How much u gain product knowledge and market knowledge in your previous company it will be tested in technical round and your interpersonal skill also.

Interview Preparation Tips

Interview preparation tips for other job seekers - Present yourself in a simple manner and give prompt reply on the question by the interviewer.

I applied via Walk-in and was interviewed before Apr 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Experience previous organization related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - As per resume question and Educational information

I applied via Naukri.com and was interviewed before Jul 2021. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. About stocks and mutual funds
Round 2 - HR 

(1 Question)

  • Q1. Tell me about yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - A good company to work with with good working environment
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IIFL Finance Interview FAQs

How many rounds are there in IIFL Finance Internal Auditor interview?
IIFL Finance interview process usually has 2 rounds. The most common rounds in the IIFL Finance interview process are HR and One-on-one Round.
How to prepare for IIFL Finance Internal Auditor interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at IIFL Finance. The most common topics and skills that interviewers at IIFL Finance expect are Internal Audit, Auditing, Accounting, Chartered Accountant and Finance.

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IIFL Finance Internal Auditor Interview Process

based on 3 interviews

Interview experience

4.7
  
Excellent
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IIFL Finance Internal Auditor Salary
based on 80 salaries
₹2.3 L/yr - ₹6 L/yr
24% less than the average Internal Auditor Salary in India
View more details

IIFL Finance Internal Auditor Reviews and Ratings

based on 24 reviews

4.4/5

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4.3

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4.1

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Internal Auditor

Mumbai

1-6 Yrs

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