Conducts internal financial and/or system audits and risk assessments. May test and document financial and computer system re cords for information system integrity and transaction accuracy. Reports discrepancies, prepares audit plans and understands the specific issues to be evaluated. Executes internal audits within established business process controls. Develops formal written reports to communicate audit results to management and regulatory compliance agencies, if applicable, and makes recommendations as appropriate. May facilitate work of external auditors during on-site visits. May require audit knowledge and skills in finance/accounting and/or information system operations. Knowledge of Cost Accounting Standards (CAS) and Federal Acquisition Regulations (FAR), Code of Federal Regulations (CFR) and Generally Accepted Accounting Principles (GAAP) may also be required.
- Performs and occasionally leads financial, operational, and compliance audits in accordance with the company internal audit program.
- Documents processes for improving internal controls, operating efficiency, and the adequacy of records and recordkeeping.
- Coordinates the Department’s activities with the independent CPA and all applicable regulatory agencies and examiners to best utilize available resources and achieve established objectives.
- Reports internal audit findings to appropriate management based on the results of regularly scheduled audits, non-scheduled audits, and at any time when issues need to be addressed by management.
- Conducts follow-up reviews of financial, operational, or regulatory compliance deficiencies noted during audits.
- Assist with investigations (when possible) of irregularities discovered by internal and external auditor reviews.
- Other duties as assigned.
Problem Solving & Impact:
- Analyzes moderately complex business operations, policies and procedures. Reviews and determines compliance with laws and regulations; draws conclusions; makes recommendations for approval.
- Serves as a resource to others in resolving moderately complex problems; identifies substantive issues that are thoroughly and accurately researched and analyzed.
- “Best practice” procedures are followed in conducting internal audits.
- External and internal audit requests are met timely, without outstanding issues.
- Contributes to the completion of organizational projects and goals.
- Errors in judgment or failure to achieve results would normally require a moderate expenditure of resources to rectify.
Supervision Given/Received:
- Work is reviewed for soundness of judgment and overall adequacy and accuracy. - Plan schedules and arranges own activities in accomplishing objectives.
- May implement departmental work plans and provide input for performance reviews with the assistance of a higher-level manager.
- Typically reports to a Manager.
- Applies detailed knowledge of applicable statutes, regulations, entity/company practices and concepts.
- Fully experienced in using general principles and process involved in conducting an internal audit.
- Experienced with automated financial reporting, government accounting practices, Cost Accounting Standards (CAS), and Federal Acquisition Regulations (FAR) systems.
- Initiates and maintains relationships with industry representatives, external auditing firm, co-workers and others.
- Organizes reports to comply with applicable guidelines and provides documentation to support conclusions.
- Provides recommendations to management.
- Detailed information technology systems knowledge is used to enhance project reporting and analysis.
- Presents oral and written testimony on complex issues.
- 5- 8 Years of progressively responsible internal audit work or audit experience with a public accounting or audit firm.
- Proficiency in spreadsheet software required.
- Must demonstrate excellent analytical and organizational skills.
- Articulate, professional and able to communicate in a clear and positive fashion with clients and staff.
- Must be able to read, write and speak fluent English.
- Science or health-related field experience preferred.
- Non-governmental organization (NGO) experience preferred.