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OVERALL DESCRIPTION

Manage the Internal Audit section, to provide independent appraisals of Authority-wide financial and operational systems to: Ascertain the adequacy of existing internal controls and evaluate the effectiveness thereof; ensure that Authority resources are efficiently used for authorized purposes; and ensure that the Authority is complying with state, local and federal regulations.

SPECIFIC RESPONSIBILITIES

1. Participates in risk assessment activities for the department in identifying areas for audit or limited review analysis.
2. Participates in the development of the annual operating budget and monitors actual costs against budget throughout the year to prevent major discrepancies.
3. Ensures that department administrative policies and procedures are documented and followed.
4. Develops and ensures compliance with structured procedures in the execution of audits and reviews.
5. Exercises sound judgment in all administrative and functional duties and management assignments.
6. Writes, edits and approves written communications, to Authority management, originating from the Internal Audit department.
7. Provides periodic and annual employee evaluations/appraisals for all Internal Audit employees.
8. Reviews all audit programs and work papers and supporting Internal Audit Reports.
9. Evaluates and approves procurement/training/travel requests for the Internal Audit section.
10. Participates in the development of departmental policies and procedures for the Internal Audit unit and interpret their applicability throughout the department.
11. Establishes goals and objectives for the Internal Audit section that support goals and objectives of the department and the Authority.
12. Expends and monitors department expenses in a method that ensures the department has the necessary services and material while operating within the department budget throughout the year.
13. Performs annual performance reviews of Internal Audit section staff and supervisors.
14. Monitors work assignments of supervisors and/or staff to ensure audit progress and adherence to the planned audit steps for the achievement of the audit objectives in a timely basis.
15. Performs and/or coordinates training to the staff in the audit discipline or related/relevant disciplines.
16. Attests to the time submitted each week by supervisors and staff.
17. Monitors staff deviation time for compliance with established entitlement balances, absence patterns, and compliance with Authority policy and external regulatory groups (i.e. FMLA, FLSA)
18. Represents the Internal Control interests of the Authority in singular issues and new processes under development.
19. Performs other duties as required.

QUALIFICATIONS AND EXPERIENCE

• Bachelor’s Degree required (Business Administration or related degree preferred) and ten (10) years auditing experience in a public accounting firm, and/or private/public/governmental Internal Audit department required.
• Excellent verbal, written and interpersonal skills required.
• Ability to effectively summarize and present information to management required
• Ability to establish and maintain effective relationships with staff and all levels of management required.
• Competency in MS Office required.
• Internal SAM employees are eligible to apply for open positions (transfer/promotion) after six (6) months from the date of assignment for their current position. A review of the previous one (1) year performance appraisal (to ensure minimum standard of “Meets Expectations” for overall rating) will be conducted. A review of Discipline record, to ensure no discipline actions occurred during previous 1 year of employment will also be conducted.