Auditor I

Description JOB TITLE: Auditor I Dept/Div Audit Services Supervisor Director Audit WORK LOCATION: 2 Broadway, New York, NY 10004 Hours Of Work 8:00 am - 4:30 pm (7.5 hours/day, or as required) FULL/PART-TIME FULL Salary $76,498 Deadline Until filled This position is eligible for telework which is currently one day per week. New hires are eligible to apply 30 days after their effective date of hire. Opening The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities. Job Summary Under the direction of the Audit Director, the Auditor I is responsible for performing assurance, operational, technology, and contract audits and developing audit recommendations in accordance with MTA practices, the Institute of Internal Auditors (IIA) standards, and the International Professional Practices Framework (IPPF) for Internal Auditing. The incumbent will be expected to perform general research work, conduct audit steps as laid out in the audit program, and any other support work on an as-needed basis. They are expected to develop a professional working relationship with clients and to understand the client's business operations. Auditors in the operational division are responsible for conducting four assurance audits per year; however, entry-level auditors are expected to conduct two audits. An Auditor I in the Contracts division is responsible for pre-award reviews of overhead and labor rates submitted by architects and engineers in response to capital-funded RFPs. They also assist in the release-of-retainage audits of multi-year capital contracts conducted by Senior Auditors. In addition, complete annually a total of 20 to 35 pre-award overhead and labor rate reviews and assist in completion of up to eight release-of-retainage audits of multi-year contracts. Responsibilities Under supervision, perform assigned audit or segment of an audit that includes performing basic research work for supervisor or more senior auditors, learn MTA practices on performing audits and interacting with various MTA departments to develop basic working understanding of their operations.Assist with Audit Planning, including the review of policies and procedures, help gather background information about the area being audited and prior reports.Draft and document audit work papers summarizing research and evidentiary data obtained to support findings and conclusions with clear, organized, and accurate documentation.Discuss results of work with supervisors in a timely manner, including deficiencies found and recommended corrective actions.Evaluate internal controls by recommending improvements when issues are foundValidate and ensure proper documentation is uploaded in the Governance Risk and Compliance (GRC) system to close the recommendations.Ensure audit evidence meets professional standards and is expected to develop professional audit skills in accordance with the International Professional Practices Framework (IPPF), which provides the International Standards for the professional practice of internal auditing and the IIA standards.An Auditor I should become aware of the Committee of Sponsoring Organizations (COSO) model, which is the internal control framework of the MTA, and how it applies within the audit scope of work.The incumbents will support any work assignments required to aid the audit department in its business objectives.Participate in special projects as needed when assigned.Performs other duties as assignedComplies with all policies and standardsMay be required to work hours outside regular work hours, as applicableObserves the work performed by contractors, as applicableReviews invoices and approves them if the work has contractual standards, as applicableAddresses performance issues with the contractor when possible, as applicableEscalates issues to other parties when needed, as applicable Required Knowledge/Skills/Abilities Written and verbal communication skillsAnalytical, problem-solving ability and business judgement skillsAbility to perform assigned audit tasks timely and accuratelyAbility to interact effectively with departmental staff Required Education And Experience Bachelor’s Degree in Arts/Sciences (BA/BS) in Accounting, Auditing, Computer Science, or other related business or operational field, or an equivalent combination of education and experience may be considered in lieu of a degree. The Following Is/are Preferred Minimum 1 year of experience performing financial, operational, technology, contract-type auditing or related industry experience is desirable.Attainment or in the process of attaining certifications or licenses for CIA, CPA, CISA, CRMA, CFE, CGAP, or COSO within 1-1/2 years is preferred. Awareness of the Committee of Sponsoring Organizations (COSO) model.Technical skills, including proficiency in MS Office and data analyticsAttention to detailBasic understanding of auditing principles Other Information May need to work outside of normal work hours (i.e., evenings and weekends) Travel may be required to other MTA locations or other external sites. According to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the “Commission”). Equal Employment Opportunity MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including those concerning veteran status and individuals with disabilities. The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.