Internal Auditor III

About This Position

Who We Are:

Our department provides a variety of financial services and programs. Austin Financial Services (AFS) serves residents, vendors, and City departments.

Our mission is to serve as a trusted steward of public resources with integrity and accountability to ensure a fiscally sound city.

Our staff supports a wide variety of financial processes, including preparing the annual budget and annual fiscal report, procurement processes, franchise agreements, real estate transactions, and overseeing the City’s investment portfolio and debt management.

As an internal support function within the larger City organization, AFS is proud to serve and act as a leader in financial management to its partner departments.

Job Description:

Purpose:

Under general direction, this position performs auditing work which includes investigating, reviewing, and analyzing financial information, internal controls, operational performance, and management practices to ensure compliance with internal policies and procedures and Local, State, and Federal laws, statutes, and guidelines.

Duties, Functions and Responsibilities:

Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.

Manages complex audits, large projects, or fraud investigations.

Prepares risk assessments of the department or specific processes to be audited.

Plans audits, including objectives, scope, methodologies, and audits program.

Collects, reviews, and analyzes various types of information and data that are significant to the project.

Performs interviews of personnel in the course of performing projects.

Performs tests of internal controls to ensure safeguarding of assets, compliance with laws and policies, accomplishment of objectives, reliability of information, and efficiency of operations.

Prepares and reviews work papers and draft audit reports.

Develops conclusions, recommends improvements, and communicates audit results to auditees.

Presents audit results to audit committee and/or executive management.

Develops audit policies, procedures, and templates.

Coordinates with other agencies and auditors.

Coaches others on audit skills.

Responsibilities - Supervisor and/or Leadership Exercised:

This position is not responsible for supervising, but may lead multiple projects, assign project tasks to others, review tasks performed by others, and coach others.

Knowledge, Skills, and Abilities:

Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.

Knowledge of the concepts for review and evaluation of internal control systems and auditing procedures.

Knowledge of enterprise risk management methodologies.

Knowledge of and ability to adhere to appropriate professional standards, including the Yellow Book and Red Book.

Knowledge of statistical analysis and principles.

Knowledge of theories, principles, and practices of investigation as well as the ability to apply such knowledge to fraud investigations involving government activities and resources.

Knowledge of performance measurement principles.

Knowledge of audit project management.

Knowledge of City of Austin and departmental auditing policies and procedures (preferred qualification).

Knowledge of departmental business operations with regards to management practices, internal controls (preferred qualification).

Knowledge of governmental and/or utility accounting principles (preferred qualification).

Skilled in effective oral and/or written communication.

Skilled in completing assigned duties and functions in a timely and effective manner.

Skilled in resolving problems or situations requiring the exercise of good judgment.

Skilled in examining financial and operational information systems.

Skilled in identifying, obtaining, and analyzing information from a variety of sources, evaluating facts, and employing sound deductive reasoning to draw appropriate conclusions and make improvement recommendations.

Skilled in compiling information and creating and delivering clear, concise, deductive, and fact-based project reports.

Skilled in the development of the audit scope, objectives and methodology to identify and address risks and meet client needs.

Skilled in developing and executing effective procedures for accomplishing an audit.

Skilled in planning, leading, and coordinating fraud investigation, detection, and control projects.

Skilled in identifying and conceptualizing complex issues, anticipate obstacles and propose solutions to overcome potential problems.

Skilled in establishing and maintaining good working relations with other City employees and the public.

Skilled in flexibility, versatility and effective team building to achieve project goals and objectives.

Ability to maintain integrity, objectivity, and independence and implement appropriate standards of care in all scopes of work.

Ability to consider alternative ideas or points of view.

Ability to maintain high ethical standards in difficult situations.

Ability to manage project tasks, resources, and timelines in an effective manner for multiple projects at a time.

Ability to recognize the risks inherent to the subject matter of the project.

Ability to coach and train others regarding processes and skills.

Demonstrated commitment to continuous learning and growth through the development of new skills, pursuit of applicable professional certifications, and involvement in professional organizations.

Minimum Qualifications:

Four (4) year degree in accounting, business, social sciences, public administration, or related field.

Four (4) years of relevant experience, including two (2) years of lead or supervisory experience.

Masters in related field can substitute for one (1) year of experience.

Licenses and Certifications Required:

CIA, CGAP, CPA, CISA, CFE, or other relevant certification required.

Preferred Qualifications:

Experience demonstrating strong written and verbal communication skills in internal auditing.

Experience using strong organizational skills to plan, document, and complete internal audit assignments.

Experience assessing organizational and transactional risks, determining which internal controls are critical, identifying ways to mitigate risks, and determining areas of focus during an audit.

Experience leading and planning internal audits in accordance with applicable auditing standards, best practices, policies, and procedures.

Experience using audit software, such as TeamMate+, and analytical or data visualization tools, such as Microsoft Excel or Power BI.

Experience interviewing individuals at all levels of an organization, documenting interviews, and identifying critical information.

Experience working collaboratively as part of a team.

Ability to travel to multiple locations within the City of Austin.

Notes to Candidate:

The Internal Auditor III is responsible for supporting and conducting internal audit activities, including planning audits, assessing organizational and transactional risks, evaluating internal controls, and identifying opportunities to strengthen processes. The role works with leadership and employees across the organization to gather and analyze information, document findings, and develop recommendations. This position may also lead select audits and support additional activities necessary to meet the department’s audit objectives. The individual in this role will have the rare opportunity to engage with City of Austin employees at all levels across multiple departments. This is a rare opportunity to step into a role where your expertise in risk assessment and compliance can directly assess integrity and growth. Imagine perfo