Internal Auditor

Flexi Partners
  • Delhi
  • Confidential
  • 8-13 years
  • 10 Jun 2015

  • Audit and Assurance

  • NGO/ Social Service
Job Description

Under the supervision of Audit Committee and Finance Director of AKF, he/she will be responsible for timely and comprehensive planning, coordination and execution of Internal Audits of AKFs operations. This is a replacement hire as the current incumbent was keen to experiment with a new profile outside the organization after his gratifying experience with Aga Khan Foundation.

Responsibilities and Results:

The Internal Auditors responsible for regular review of internal financial and programmatic controls as well as compliance with regulatory and donor requirements across AKF (India)s divers activities. This includes those activities implemented directly by AKF (India), those implemented by other AKDN agencies on its behalf, and those implemented by third-parties.
Where appropriate, the Internal Auditor should verify programme data and activities reported to AKF management and the National Committee, to ensure compliance with standard operating procedures and best practices and to maintain a culture of continuous quality management and learning.
In India, the incumbent will be expected to collaborate with AKF (India) management, including the CEO, CFO, and Director of Programmes.
Review of existing operational and financial policies for AKF (India) and its implementing partners and documentation of recommendations for amendments and improvements.
Establish a risk profile for each operation or partner for the purpose of Internal Audit and in accordance with the guidelines provided in the Internal Audit Manual; propose an audit programme to review and document internal controls at these organizations with regard to financial controls, Corporate Governance, segregation of duties, conflict of interest, etc. Such audits should help the National Committee understand the overall organizational health of AKF (India) and relevant operations of its partners; to judge the relative degree of financial or compliance risk in their operations and, by extension, to AKF (India); and to make decisions about appropriate risk mitigation strategies.
Evaluate the economy and efficiency with which institutional resources are being utilized.
Submit annual audit plan to the Finance Director AKF, Geneva, Chairman of the National Committee, and the Chief Executive Officer (CEO) for their review and approval.
Report the results of audit examinations and the recommendations made to the CEO and the Audit and Operations Committee (AOC) of the National Committee.
Appraise the adequacy of the action taken by management to correct reported deficient conditions; if the corrective actions are deemed inadequate, report such to the CEO and AOC, and hold further discussions as necessary until there has been a satisfactory resolution of the matter.
Conduct special audits/investigation of problem areas as identified by the AOC (NC Chair / CEO) or AKF (Geneva) Finance Director.
Report to the AKF (India) CEO and AOC, as well as the Finance Director, AKF Geneva, on the discharge of the above responsibilities on an annual basis.
Any other task assigned by the AKF (India) CEO and AOC or the Finance Director, AKF Geneva.

Must Have:

A Chartered Accountant (C.A.) with minimum of 10 years of post qualification experience in areas of internal audit and administration/finance, with at least 5 years in a leadership position.
Familiarity with all relevant Indian laws and regulations, including FCRA regulations and the Companies Act, as well as the compliance requirements of major international donor agencies (EC, DFID, USAID, etc.).
Experience of internal audit in an organisation with complex finances and operations.
An ability to work independently and to multi-task is essential.
Excellent analytical and communication skills: must be numerate, a good writer, and a clear speaker: fluency in English and Hindi required.

Essential values and behaviors:

Unquestionable Integrity
Mature and versatile individual with an eye for detail

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Flexi Partners