SBI Foundation was established in 2015 by the State Bank of India to carry out its CSR activities as well as those of its subsidiaries. As the CSR arm of the premier bank of India, SBI Foundation aims to be the leading institution promoting growth and equality responsive to the communities it serves, particularly the vulnerable and marginalized sections of the society. Our CSR activities are widespread and deep-rooted and have made a true difference in the lives of over a million beneficiaries. We are committed to contributing positively to the Sustainable Development Goals (SDGs) by bringing about positive changes in the lives of the underprivileged sections of society. Position Overview: The Audit & Accounts Specialist will assist the SBI Foundation in overseeing all financial operations, direct corporate financial planning and structure, and ensure compliance with relevant regulations. The candidate will play a crucial role in managing audit queries which include CAG, Statutory Audit, Internal Audit, Secretarial audit and Board operations and oversee key finance and accounts tasks. This role requires someone with expertise in regulatory compliance, auditing, and financial management to ensure smooth operations and adherence to audit requirements at SBI Foundation Position: Audit & Accounts Specialist (Consultant) Vacancy: 1

Location:
Mumbai, Metropolitan Region.

Experience:
Minimum 20 years of experience in finance, accounts and audit. Preference will be given to retired employee or who has taken VRS from Bank/Central Govt Deadline for Applications: 23.11.2026

Salary:
Maximum Monthly compensation (fixed) will be Rs. 70,000/
- depending upon the suitability for the position, with an additional Rs. 5,000/




- for transportation and phone expenses on the basis of declaration. Employment Type: The appointment will be for a period of one year only. Any extension beyond this period shall be based on performance review and subject to the discretion of the Management of SBI Foundation.

Qualifications:
• Bachelor’s degree in finance, Accounting, Commerce, or a related field (essential)
• Master’s degree in finance, Accounting, Business Administration, or a related field (preferred).
• Professional Certifications such as Chartered Accountant (CA), Certified Public Accountant (CPA), or equivalent (preferred).
• Specialization in Direct & Indirect Taxation. (preferred) Key Roles &

Responsibilities:
• Work closely with accounting and finance teams to ensure accurate financial reporting and auditing processes.
• Manage and respond to audit queries, for various audits that take place in SBI Foundation.
• Assist in implementing corrective actions based on audit findings.
• Ensure that correct financial practices are followed for audit and compliance processes.
• Collaborate with internal teams to gather the required information and documentation for audit responses.
• Monitor compliance with the internal policies, procedures and relevant financial regulations.




• Prepare and review financial statements and audit report to ensure accuracy and compliance with the accounting standards and regulations.
• Assist in the preparation of annual financial reports and audits, liaising with external auditors as needed.
• Plan, execute, and report on any audit assignments, ensuring adherence to audit standards and timelines.
• Support cross-functional teams in addressing audit findings and implementing corrective actions.
• Prepare detailed reports for management and stakeholders, highlighting key findings and action plans.
• Stay updated on industry trends, changes in regulations, and best practices in auditing and accounting. Key Skills & Competencies
• Strong knowledge of accounting principles, financial regulations and auditing standards.
• Excellent analytical and problem-solving skills.
• Proficiency in financial software and MS Office Suite.
• Solid organizational and time-management skills.
• Excellent communication and interpersonal skills to collaborate with regulatory authorities, CAG, stakeholders and various auditors of the Foundation. Although the individual will work in a small team, it is essential that the chosen candidate can work in an independent manner to complete the given tasks in a time-bound manner. Note: Due to the high volume of applications, only shortlisted candidates shall be contacted for further correspondence. This

job description
outlines the general nature and

key responsibilities
of the role. It is not intended to be an exhaustive list of all duties and qualifications required. The incumbent may be required to perform additional tasks as assigned by the Management of SBI Foundation, whenever required. For more details please visit: www.sbifoundation.in

📌 Audit & Accounts Specialist (Consultant) (Mumbai)
🏢 SBI Foundation
📍 Mumbai