Internal Auditor - NEG-FIRE (Apply by: 05 April 2014)

About Us

New Education Group - Foundation for Innovation and Research in Education,(NEG-FIRE) is a non-profit, non-sectarian, national level NGO, promoting quality education for marginalized communities through NGO’s across India. Though in existence as NEG for over a decade, NEG-FIRE today, is a new entity with legal status and with an expanded mandate of Partnership promotion, Research and Advocacy. It looks forward to a team to steer ahead with its revised goals and objectives.

Job Title: Internal Auditor

Reporting To: Executive Director

Location: New Delhi

Role: The Internal Auditor will assist the Executive Director (ED) and the Governing Board in reviewing, documenting and establishing effective accounting and operational controls over the Organization’s administrative and programmatic activities in its Country Office and regional offices, and as well as examination, investigation and review of records, reports, financial statements and management practices to ensure compliance with laws, regulations, donor requirements and Organization’s Standard Operating Procedures (SOPs).

Key Responsibilities:

• Develop annual audit plan using an appropriate risk-based methodology, including consideration of any risks or control concerns identified by management and to execute financial, operational and compliance-based audits with a focus on the programs with partners.
• Assist Executive Director with the documentation, testing and remediation of internal controls; develop and evaluate test plans in accordance with professional audit standards.
• Implement the annual audit plan: collect, analyze and document results of audit investigations as well as communicate observations and recommendations to Executive Director for appropriate improvements to financial processes.
• Issue periodic reports to Executive Director and to the Governing Board which summarize the results of audit activities, including the status of the annual audit plan.
• Work with Grants and Contracts Officer to visit selected partners to review their books as part of monitoring process.
• Perform follow-up on recommendations to improve/enhance the internal control environment.
• Keep Executive Director informed of emerging trends and successful practices in internal auditing.
• Maintain and file concise, up-to-date records of audit plans, findings, work papers, reports and other supporting documentation for all related reviews performed.
• Continually keep up-to-date on current activities, accounting pronouncements and audit information significant to the profession and industry.
• Assist in the identification and management of financial and legal risks so as to minimize or eliminate those risks within the organization.
• Ensure that financial statements match the records and accounts
• Verify that all exhibits, schedules and supporting statements in the report are in agreement and reconcilable, where appropriate. Review and evaluate the propriety of all questioned costs presented in the report and/or other management and internal control weaknesses and review auditor findings, management response, and seek clarification on any outstanding issues.
• Perform other related special reviews and projects as determined and assigned by the Executive Director.
• Conduct special audits/investigation of problem areas as identified by the Finance Committee.
• Report to the Finance Committee on the discharge of the above responsibilities every quarter.

Person Specifications:

• Bachelor’s degree in Accounting. MBA, a plus. CPA or equivalent or Certified Internal Auditor (CIA) certification required.
• Five to seven years of related work experience with a not-for-profit organization.
• Ability to respect timelines and work as a team.
• Excellent written and oral communication skills in English and Hindi
• Knowledge of organizational documents like Good Governance Policy, vision and mission, strategy document etc.
• Ability to understand and be sensitive to the complexities of working with vulnerable communities.
• Maintain a high standard of ethics, discipline and professionalism.
• Excellent written and oral communication skills and training ability
• Ability to work independently with minimal supervision
• Proficiency with Excel, Word, and PowerPoint.
• Ability to work with various administrative and program levels in the organization.
• Strong organizational and research skills with a thorough understanding of accounting principles, audit standards, procedures and techniques.
• Willingness and ability to travel between 40-50%.

How to Apply: NEG-FIRE is an equal opportunity employer and qualified women candidates are encouraged to apply. The position carries an attractive salary package to commensurate with skills and experience plus provides social security benefits and opportunities for training and development.

Interested candidates may apply with a detailed CV, two references, Current Salary drawn and notice period to hradmin@negfire.org. The last date for sending applications is April 5, 2014. Please mention the post applied for in the subject of your email. Only short listed candidates will be intimated. To know more about the organization, please visit our website: www.negfire.org