The role of the Internal Audit Department (IAD) is to provide objective assurance that Mercy Corps’ business risks are being managed appropriately and that the agency’s risk management and internal control framework is operating effectively. The IAD actively reviews the reliability and integrity of financial and operating information as well as the systems established by the agency to ensure compliance with MC policies and procedures, donor policies and regulations and US and host country laws and regulations .
GENERAL POSITION SUMMARY:
Internal Auditor willensure compliance with generally accepted accounting principles (GAAP), international accounting standards (IAS), donor regulations and requirements, and organizational financial policies and procedures in order to safeguard MC assets, verify the accuracy and reliability of accounting data and documentation and promote organizational and operational integrity.
ESSENTIAL JOB FUNCTIONS:
Plan, organize & carry out the internal audit function including preparation of an audit plan.
Evaluate internal accounting controls and prepare and submit reports to CEO, CFO, Controller and Field
Finance staff regarding organizational compliance with established financial and procurement policies and procedures.
Provide detailed assessment of how internal accounting controls might be improved.
Ascertain that procedures related to authorization and recording of transactions are both adequate and followed, in order to provide reasonable accounting control over assets, liabilities, revenue and expenses.
Review cash control to ensure adequacy and compliance with established procedures.
Ascertain that there is an adequate segregation of duties, and dual control, as necessary.
Review pertinent documents/reports to confirm that a proper audit trail exists for all records and systems.
Review, and audit as appropriate, payroll, benefits and overall effort reporting system.
Review, and audit as appropriate, procurement system and material transactions.
Perform grant or other special financial and/or compliance audits as required.
Assist and coordinate with external auditors as required.
Assist with the compilation and writing of the annual audit report.
Issue established internal audit reports subsequent to field office visits or other agreed-upon reports on a timely basis.
Discuss findings & recommendations with senior management, Board of Director Audit Committee & other staff as required.
Physically verify material aid/gifts-in-kind inventories as required and review and confirm valuation of the same.
Evaluate training needs and implement training programs as needed.
Comply with documented Internal Operating Procedures.
Other duties as assigned.
Mercy Corps team members are expected to support all efforts towards accountability, specifically to our beneficiaries and to international standards guiding international relief and development work while actively engaging beneficiary communities as equal partners in the design, monitoring and evaluation of our field projects.
As part of our commitment to organizational learning and in support of our understanding that learning organizations are more effective, efficient and relevant to the communities they serve - we expect all team members to commit 5% of their time to learning activities that benefit Mercy Corps as well as themselves.
SUPERVISORY RESPONSIBILITY: None
ACCOUNTABLE DIRECTLY TO: Director of Internal Audit , Audit Committee of the Board of Directors & CFO
REPORTS TO : Director of Internal Audit
WORKS DIRECTLY WITH: Field personnel, including Country Directors, Country Finance Managers and finance staff members; International Finance; Finance Compliance and Training Unit; PALM Unit; Controller and HQ Accounting.
KNOWLEDGE AND EXPERIENCE:
5 years of experience in managing finance teams in the field and/or working as HQ based finance manager required
3 years of internal audit experience preferred.
Degree in Business Administration, Accounting and/or Finance is required; a CPA and/or CIA designation is preferred.
Previous Mercy Corps experience preferred.
Relevant “hands-on” experience with federally-funded grants, US Government and European Union donor regulations, and automated general ledger software is preferable.
Excellent writing and verbal communication skills and be able to communicate effectively with both financial and non-financial audiences.
Overseas working experience in similar settings is preferred, as is positive experience in dealing with people and cross-cultural communication.
A proven ability to both document and prioritize findings and to develop workable recommendations for improvement.
A successful Internal Auditor will have a proven ability to analyze complex situations, objectively document and prioritize findings and to develop workable recommendations for improvement. S/he must work both independently in Mercy Corps field offices and cooperatively with agency staff at all levels as well as conduct his/herself with a high degree of integrity and objectivity while also working towards an overall objective of positively promoting improvement. Effective, positive communication is essential to success in this position.
LIVING CONDITIONS/ENVIRONMENTAL CONDITIONS:
The location of the position is flexible.The position will entail up to 60-70% travel to field locations, including program locations that may include insecure or harsh environments. Mercy Corps Team members represent the agency both during and outside of work hours when deployed in a field posting or on a visit/TDY to a field posting. Staff are expected to conduct themselves in a professional manner and respect local laws, customs and MC's policies, procedures, and values at all times and in all in-country venues.
Mercy Corps - 5 months ago