The Office of the General Auditor of the Metropolitan Water District of Southern California currently has two (2) Principal Auditor positions available. These positions are located at Metropolitan’s Headquarters in Downtown Los Angeles, CA.
The Principal Auditor serves as a technical expert and manages audit projects within an area. This may include: Audit Planning, Audit Field Work and Audit Reporting. Responsibilities include leading projects that review and appraise the adequacy of internal accounting and administrative control systems for compliance with policies and procedures and applicable laws and regulations. You will work on establishing effective relationships with Audit clients and work on Audit Planning; understanding the risk and controls and developing risk and control assessment documents.
You will ensure work papers are prepared in compliance with department standards and maintained in the electronic work paper system. Ensure audit work achieves established objectives and is in compliance with department procedures and professional standards issued by The Institute of Internal Auditors.
In addition, as a Principal Auditor you will perform Audit Field work including testing, analysis, and evaluation, where you will develop sound conclusions regarding the internal control structure including recommendations.
This will also include communicating with audit clients to discuss preliminary audit results. The draft audit report will include audit opinions, comments, and recommendations.
1. Plans audit work; performs audit field work; reads documentation and interviews system owners, managers, and users to flow chart key system processes; develops audit planning documents according to Metropolitan standards; and develops audit program and field work plan with other auditors or principal auditors and reviews program with Assistant General Auditor.
2. Plans audit projects; participates in project planning to gain an understanding of Metropolitan’s key initiatives; oversees auditor efforts in performing control and risk assessments of policies, procedures, processes, and computer systems to improve and support Metropolitan’s business and operational requirements; and coordinates the work to be performed with all levels of management.
3. Organizes and manages the field work phase of projects; trains and counsels auditors on optimum ways to perform audits; assists auditors in gathering and analyzing data, assists in evaluating risk management efforts, and evaluates control and governance processes established by management; and reviews the quality of auditor work to ensure that fieldwork, audit testing, documentation of conclusions is in compliance with department standards and conforms with professional standards.
4. Provides lead direction and develops findings and recommendations; meets with clients to verify and discuss results; and provides overall opinion to client.
5. Monitors disposition of results communicated to management; and ensures management actions have been effectively implemented or that senior management has accepted the risk without action required.
6. Develops and reports audit opinion and comments and recommendations; reviews findings with client and compiles final report; and prepares and presents results of audits to management as required.
7. Prepares reports of audit opinion and comments and recommendations that will be used to report status to the Audit Committee and to the Board of Directors by the General Auditor.
8. Participates in the development and documentation of policies and procedures, annual audit work plan, quarterly reporting of plan status; and monitors work activities to ensure compliance with established standards and procedures.
9. May provide input in the performance evaluation of auditors as requested; assists in development and revision of audit policies, procedures, and standards; and assists in the development of the annual audit work plan of projects.
10. Assists in the preparations of audit presentations as requested.
Education and Experience:
Bachelor’s degree from an accredited college or university in business administration, engineering, public administration, or related field, or a field specifically related to the work group assigned and eight years of increasingly responsible public sector, water industry, public utility, or related experience, including two years at the Senior Auditor level;
a master’s degree from an accredited college or university in a business administration, engineering, public administration, or related field, or a field specifically related to the work group assigned and six years of increasingly responsible public sector, water industry, public utility, or related experience including two years at the Senior Auditor level.
Required Knowledge of:
Accounting and auditing principles, theory, and techniques; computers and automated accounting and financial systems, budgetary concepts, and procedures; information technology environments; SDLC methodologies; project management; standard policies and procedures related to accounting and auditing; and laws and regulations relevant to auditing, accounting, and financial systems.
Required Skills and Abilities to:
Manage and conduct complex audit projects; prepare comprehensive administrative and technical documents and reports; interpret and analyze audit results; review work products for detail and adherence to guidelines; establish collaborative working relationships with internal organizational units and external organizations; prepare presentations for executive management and the Board; and use business and auditing applications.
CERTIFICATES, LICENSES, AND REGISTRATIONS REQUIREMENTS
- Valid California Driver’s License or equivalent from state of residency that allows you to drive in the course of your employment (Required at time of application).
- Certified Public Accountant from the State of California
- Certified Internal Auditor
- Certified Information Systems Auditor
- Competitive compensation
- Excellent medical, dental, life, vision and retirement plans, including pension plan and 401k (with matching contribution), tuition reimbursement, and more
- Training and advancement opportunities
- On-site fitness center
- Excellent working environment
- Hub of public transportation: rail, subway, buses, and taxis
- Public transportation reimbursements and van pools
For more information on MWD benefits, please use the following link: http://www.mwdh2o.com/PDF_Careers/benefits.pdf
This job announcement has been designed to indicate the general nature and level of work being performed by employees in this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. To receive a copy of the complete job description, please send an email to email@example.com.
The Metropolitan Water District of Southern California is committed to providing reasonable accommodations to qualified individuals with disabilities. Qualified individuals with disabilities who need a reasonable accommodation during the application or selection process, please call (213) 217-7738 or email firstname.lastname@example.org.
MWD is a Federal and State EO employer – Veterans/Disabled and other protected categories.