20/04/2026
Call for Experts
Appointment of Internal Audit Experts (Financial & Procurement Audit)
Maharashtra Roads Connectivity for Inclusive Growth Program (MRCIGP – 52298-003)
Issued by:
All India Sustainable Development Council
Engagement Type: Global Expert Pool / Consultancy (Internal Audit)
Location: Maharashtra, India (with field visits as required)
Application Deadline: [Insert Date]
1. Background
The Maharashtra Roads Connectivity for Inclusive Growth Program is a key infrastructure initiative aimed at enhancing rural connectivity, improving road safety, and strengthening institutional systems across Maharashtra.
Given the scale and complexity of the program, there is a critical need for robust internal audit mechanisms to ensure:
Financial integrity and transparency
Compliance with procurement regulations
Efficient utilization of funds
Risk mitigation and accountability
AISDC, under its Global Agency on Contracts framework, is inviting experienced professionals to support the Internal Audit function (Financial & Procurement Audit) for the program.
2. Objective of the Assignment
To engage qualified experts to:
Conduct internal financial and procurement audits
Assess compliance with applicable guidelines and frameworks
Strengthen internal controls and governance systems
Identify risks, inefficiencies, and improvement opportunities
3. Scope of Work
Selected experts will contribute to:
A. Financial Audit
Review financial records, statements, and fund utilization
Assess compliance with applicable accounting standards
Verify expenditures against approved budgets
Identify financial risks, irregularities, or inefficiencies
B. Procurement Audit
Review procurement processes and documentation
Assess compliance with:
Government procurement rules
Donor/multilateral agency guidelines (if applicable)
Evaluate transparency, competitiveness, and fairness
Identify deviations and recommend corrective measures
C. Internal Control Assessment
Evaluate existing financial and procurement control systems
Recommend improvements to strengthen governance
D. Risk Assessment & Mitigation
Identify operational and fiduciary risks
Develop risk mitigation strategies
E. Reporting
Prepare audit reports with actionable recommendations
Support follow-up and compliance tracking
4. Key Deliverables
Internal Audit Plan and Framework
Financial Audit Reports
Procurement Audit Reports
Risk Assessment and Control Improvement Reports
Consolidated Audit Report with recommendations
5. Eligibility Criteria
Experts should have:
Minimum 8–15 years of relevant experience in:
Financial auditing
Procurement auditing
Public financial management
Experience with:
Government projects / infrastructure programs
Multilateral-funded projects (ADB, World Bank, etc.) preferred
Strong knowledge of:
Indian financial rules and audit standards
Public procurement systems
Professional qualifications such as:
CA / CPA / ACCA / CISA / MBA (Finance) or equivalent
6. Preferred Expertise
Experience in internal audit for large infrastructure or transport programs
Familiarity with ADB or World Bank procurement and financial management guidelines
Experience working with state government departments (PWD preferred)
Strong analytical, reporting, and stakeholder engagement skills
7. Engagement Modality
Experts will be empanelled under AISDC’s Global Agency on Contracts
Engagement may be:
Individual consultant
Part of an Internal Audit team / firm
Combination of field audits and remote review work
8. Duration
Assignment-based engagement aligned with project phases
Potential for long-term engagement based on performance
9. Application Process
Interested experts are requested to submit:
Updated CV
Cover Letter highlighting relevant audit experience
List of similar assignments (with client details)
Professional certifications
Submission Email: [email protected]
10. Why Join AISDC Expert Pool
By engaging with All India Sustainable Development Council, experts will:
Contribute to high-value governance and infrastructure programs
Work alongside government and international agencies
Be part of a global network of professionals in sustainability and development
11. Conclusion
AISDC invites qualified audit professionals to support strengthening financial accountability and procurement transparency under the MRCIGP initiative, contributing to improved governance and sustainable infrastructure outcomes in Maharashtra.