Assistant Manager, Internal Audit & Compliance

1. POSITION VACANT: Assistant Manager, Internal Audit & Compliance Leading Philanthropic Organisation, Mumbai

2. ORGANISATIONAL BACKGROUND:

Our client is a respected philanthropic organisation working across India to enable large-scale, sustainable change. The organization focuses on addressing complex development challenges through innovation, partnerships, and programme implementation. It supports initiatives that strengthen communities, build resilience, and expand opportunities for underserved populations in line with national priorities and global development goals.

3. JOB DESCRIPTION/ RESPONSIBILITIES:

Reporting to the Head - Internal Audit the Assistant Manager, Internal Audit & Compliance shall be involved in audits and financial reviews across the Head Office and Associate Organizations, including planning, execution, and coordination with external auditors. S/He shall be independently conducting financial reviews of organization’s supported projects, ensuring proper fund utilization.

Key Responsibilities:
(1) Active involvement in the Organization’s (Head Office and Associate Organizations) audits financial monitoring reviews conducted throughout the year.
(2) Planning / sampling / attending kick-off meetings/ review meetings and closure meetings conducted for finalization of internal audit reports along with the external audit firms.
(3) Preparing the annual budget /audit coverage / scope for all the Engagements
(4) Independently conducting Financial Review of Projects supported by Organization (Including visit to locations). Identifying areas of concerns and ensuring that the funds get utilized for the purpose sanctioned.
(5) Guiding teams and providing practical solutions to the issues being encountered by the stakeholders.
(6) Streamlining processes and assisting in roll out of SOPs as required.
(7) Rigorous follow up with stakeholders for submission of data for closure of open audit paras. Validating submissions and formal closure of open audit paras with external auditors.
(8) Maintaining real time updated MIS for open audit paras and sharing data with the stakeholders on a regular basis.
(9) Continuous review of IT applications and systems used across the organizations.
(10) Interpretation of statutory/ regulatory changes & assisting in defining policies to be implemented.
(11) Preparing reports/ presentations for Organization Management as required.
(12) Maintaining cordial professional relationships with External Auditors and other agencies.

4. QUALIFICATIONS, EXPERIENCE AND COMPETENCIES:

Qualifications  
(1) Applicants must be qualified Chartered Accountants.

Experience  
(1) Applicants must have a minimum of 8-10 years’ experience in Internal/ Statutory Audit.
(2) Applicants must have experience/ knowledge of the social sector.

Skills and Competencies 
(1) Excellent analytical & communication skills.
(2) Thorough knowledge of statutory and internal audit.
(3) In depth understanding of auditing and accounting standards.
(4) Dedicated individual adhering to principles, values and confidentiality.
(5) Ability to prioritize, multitask and meet deadlines.
(6) Ability to work effectively as part of a team.
(7) Flexibility and Willingness to travel as required.

5. COMPENSATION OFFERED:

The compensation for the position is competitive and commensurate with experience and salary history.

6. LOCATION & NATURE OF APPOINTMENT:

(1) Location: Mumbai 
(2) Nature of Appointment: Permanent (On Roll Employee)

7. REFERENCE: AM-IAC-LPO

8. CONTACT INFORMATION:

Team SAMS
Strategic Alliance Management Services P Ltd.
1/1B, Choudhary Hetram House, Bharat Nagar 
New Friends Colony, New Delhi 110 025
Phone Nos.: 011- 4081 9900; 4165 3612

9. APPLICATION PROCESS:

Eligible candidates interested in the position are requested to upload their applications, using the link https://samsstc.com/Jobs/job-description/assistant-manager-internal-audit-compliance-confidential-mumbai/224 at the earliest.

Our client is an equal opportunity employer and encourages candidates from diverse backgrounds to apply. All employment decisions are based on organizational needs, job requirements, and individual qualifications without regard to race, religion, ethnic origin, gender, age, or sexual orientation.