Job Description
Job type
Fixed price – budget: 1,500 USD
Location: Remote (experience with US nonprofits required)
About us
We are a US‑based 501(c)(3) nonprofit working in humanitarian relief and development, with a focus on food security, health, and youth empowerment in Sudan. Our FY2025 bookkeeping is complete and we have an independent external financial audit and Form 990 prepared. We now need a limited‑scope internal audit to satisfy grantor requirements.
What we need
We are looking for an experienced internal auditor (or nonprofit‑experienced CPA) to perform a focused internal review of our FY2025 financials, specifically:
- A limited‑scope internal audit of FY2025 grants to foreign organizations (total 320,722) as recorded in our books.
- Review of related internal controls, approvals, and documentation for these grant disbursements.
- A short written report summarizing procedures performed, key findings, and practical recommendations.
This is not a second external audit and we are not seeking an audit opinion under GAAS. The goal is an internal assurance report we can share with our board/finance committee and refer to in reports to grantors.
Scope of work
The engagement will focus on FY2025 only and will likely include:
- Reviewing our FY2025 financial statements and the external auditor’s report.
- Reviewing finance committee minutes for 2025 related to grants and major disbursements.
- Testing a risk‑based sample (or 100%, if feasible within budget) of transfers included in the 320,722 of “grants to foreign organizations,” including:
- Agreement to transfer orders, bank statements, and general ledger.
- Confirmation that internal approval processes were followed (e.g., dual sign‑off, committee/board approval where applicable).
- Basic check of compliance with any donor restrictions documented in our grant letters or MOUs.
- High‑level comments on control design and documentation around these grant payments (what is working, what needs strengthening).
Deliverables
- A 2–4 page internal audit memo addressed to our Finance Committee/Board that includes:
- Scope, period, and limitations (clearly stated as a limited internal review, not an external audit).
- Procedures performed.
- Findings (including “no exceptions” if applicable) and classification of any issues (e.g., minor vs. significant).
- Practical, prioritized recommendations for strengthening controls and documentation over grants to foreign organizations.
We may also request a brief call (up to 1 hour) to walk through your findings with management and/or our Finance Committee.
What we will provide
- FY2025 financial statements (statement of financial position and activities).
- External auditor’s FY2025 report.
- FY2025 finance committee minutes.
- FY2025 transfer orders and related support for grants to foreign organizations (agreements, approvals, bank statements, etc.).
Ideal experience
- Significant experience auditing or reviewing US nonprofit organizations (preferably 501(c)(3)s).
- Familiarity with grant management, grants to foreign organizations, and internal control frameworks in the nonprofit context.
- Demonstrated experience producing concise internal audit or internal review reports for boards or audit/finance committees.
Budget and timeline
- Budget: fixed price, 1,500 USD all‑inclusive.
- Expected start: as soon as we identify the right candidate.
- Target completion: draft report within 3–4 weeks of receiving all documentation.
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