SENIOR DIRECTOR, AUDIT

About the role

Metro’s mission is to provide a world-class transportation system that enhances the quality of life for all who live, work, and play within LA County.

Responsibilities

• Plans, develops, implements, evaluates, and directs the activities, programs, policies, procedures, and personnel of the Internal Audit Unit
• Ensures that audit work performed by assigned staff and reports comply with departmental policies and procedures and meet applicable auditing standards
• Directs the Contract Audit function, including timely completion of pre-award, incurred cost, and close-out audits of contracts for construction, Architecture and Engineering (A&E), professional services, and other Metro contractor or consultant proposals for new or changed work
• Directs the Performance Audit function, including timely completion of audits for process improvement, reliability of financial and operational information, adequacy and effectiveness of internal controls, information system controls, and efficiency and effectiveness of operations
• Directs the Financial and Compliance Audit function, including timely completion of legally mandated audits, grant audits, and other regulatory compliance audits
• Directs the Follow-Up Unit for timely completion of corrective actions to audit findings
• Collaborates with management in identifying solutions to issues
• Prepares and presents reports and recommendations to management and the Board of Directors
• Serves as audit liaison to outside governmental agencies and funding sources
• Represents Metro at meetings, conferences, and public events
• Communicates and implements safety rules, policies, and procedures in support of the agency's safety vision and goals; and maintains accountability for the safety performance of all assigned employees

Qualifications

• A typical combination includes: Education Bachelor's degree - Business Administration, Public Administration, Accounting, Economics, Finance, or a related field
• Five years of relevant management-level experience conducting internal audits in a public or governmental entity
• Experience leading or coordinating external peer reviews and internal quality self-assessment programs under the Government Auditing Standards (Yellow Book) and/or the Global Internal Audit Standards (Red Book)
• Experience leading audit teams on complex performance audits while managing staff performance to maximize overall project impact while meeting deadlines
• Experience leading the design, development, and execution of an agency-wide risk assessment to build an annual audit plan
• Experience designing and implementing audit programs that integrate data analytics for large, complex data sets

Skills

• Knowledge of theories, principles, and practices of compliance, financial, contracts, and performance audits
• Knowledge of theories, principles, and practices of Generally Accepted Government Auditing Standards, International Standards for the Professional Practice of Internal Auditing, and Information System Audit Standards
• Knowledge of applicable local, state, and federal laws, rules, and regulations governing public agencies and use of public funds
• Knowledge of applicable Acquisition Regulations and Cost Accounting Standards
• Knowledge of project management best practices
• Knowledge of research and statistical methods, and program evaluation
• Knowledge of internal controls and accountability required of large public agencies
• Knowledge of risk management concepts
• Knowledge of research practices and techniques
• Knowledge of negotiation practices and techniques
• Knowledge of modern management theory
• Knowledge of applicable computer business software applications

Benefits

Not specified

Pay

TBD

Schedule

TBD