VOLUNTEER OPENINGS - FIN: Internal Auditor

Learn all about financial audits, risk management, and compliance for a nonprofit organization. Work with the VP of Finance to review financial transactions, assess internal controls, and ensure financial transparency. Gain hands-on experience in auditing and nonprofit financial oversight.

 

Purpose

The Internal Auditor is responsible for ensuring financial transparency, compliance, and risk mitigation within PMI-LA. This role reports directly to the VP of Finance, maintaining independence from day-to-day financial operations to objectively assess financial controls, policies, and risk exposure.

 

Responsibilities/Accountabilities

 

Audit & Compliance Oversight:

  • Conduct internal financial audits to assess compliance with PMI-LA policies, GAAP, and nonprofit regulations.
  • Identify financial risks and recommend corrective actions to mitigate exposure.
  • Review financial transactions, budget adherence, and accounting procedures for accuracy and policy compliance.

Internal Controls & Fraud Prevention:

  • Evaluate existing financial controls and propose improvements.
  • Monitor cash handling, expense approvals, and vendor payment processes to prevent fraud.
  • Ensure PMI-LA follows best practices in financial governance and accountability.

Reporting & Governance:

  • Provide quarterly audit reports to the VP of Finance and Board of Directors.
  • Support external audits by ensuring financial records are properly maintained.
  • Recommend policy updates to strengthen financial oversight.

 

Time Commitment

  • 5-7 hours per month

 

Battle Rhythm (Recurring Activities & Deadlines)

Monthly:

  • Spot-check financial transactions for compliance.

Quarterly:

  • Conduct formal internal audits and report findings.

Annually:

  • Prepare for external financial audits and compliance reviews.

 

Preferred Skills & Qualifications

  • Experience in audit, compliance, or risk management.
  • Familiarity with GAAP, nonprofit financial governance, and financial regulations.
  • Strong analytical skills and attention to detail.

 

Role-Specific Security Access

  • Read-Only Access: Financial transactions, audit logs, and compliance records.

 

Reports to:  Vice President of Finance

For more information contact the VP of Finance at vpfinance@pmi-la.org