Audit Analyst

FHI 360, Washington DC, United States

Skill Required:, Finance and Accounts
Preferred Experience: 
7 to 10 Year
Closing Date for Applications: 
20th December, 2019


Job Description

Job Summary:

  • Responsible for the collection, review and retention of contractually required financial audits of FHI 360's grantees including US based Single Audits (OMB A 133) and Foreign Subrecipient audits of USAID programs
  • Share responsibilities as point of contact for funder audits of FHI 360's projects managed at HQ and in non-US locations
  • Advise staff in providing documentation and reports for funder party audits according to the contract provisions
  • Review Single Audit and other financial audit reports to comply with US Government and FHI 360's grantee monitoring procedures
  • Read draft and final audit responses for soundness and adequacy; ensure comments provided effective and cost efficient resolutions that address the underlying cause
  • Identify audit results requiring further review and follow-up
  • Recommend actions to limit FHI 360 's risk exposure and document actions taken
  • Download data from various accounting reporting systems
  • Combine and analyze large volume of data utilizing MS Excel V-lookup formulas, pivot tables and mail merges
  • Obtain certification letters from grantees
  • Communicate with FHI 360 Project staff and grantees
  • Confirm US based nonprofit organization status and contact details
  • Track and document grantee monitoring procedures using SharePoint or other database
  • Implement improvements to current process
  • Potential position advancement to supervisory role

Accountabilities:

  • Has basic knowledge of applicable financial and accounting statutes and regulations.
  • Interprets and applies laws, analyzes information, and evaluates the impact of policies, procedures and practices.
  • Work includes accumulating data, summarizing information into presentable reports/forms, and discerning valid from invalid data comparisons.
  • Seeks explanation for variations in the data.
  • Ability to communicate clearly in both oral and written form.
  • Responsible for interpreting, analyzing and/or evaluating data, ensures compliance with applicable state and federal statutes, and uses Generally Accepted Accounting Principles (GAAP).
  • Has or obtains a thorough knowledge of external regulations as well as internal corporate policies and procedures.
  • Experienced using systems to produce reports, financial models and databases.
  • Develops and maintains effective working relationships with regulated industries, consultants, management and staff.
  • Interprets and provides explanation for discrepancies and variations in data.
  • Superior ability to communicate clearly in both oral and written form.
  • This is an advanced level Financial Analyst position which serves as a subject matter expert and may lead teams on complex issues.
  • Independently evaluates and determines fiscal and operational policy.
  • Determines service impacts and analyzes the regulatory environment to makes recommendations on best practices.
  • Implements and evaluates statistical models, systems and serves as a trusted advisor to management.
  • Performs other duties as assigned.

Applied Knowledge & Skills:

  • Evaluate audit findings recommendation for adequacy and appropriateness.
  • When reading audit findings, consider the system of controls and recommend appropriate actions.
  • Analyzes complex business and/or program issues and consults with management or business entities as needed; works independently; active participant in meeting organizational goals.
  • Applies expert knowledge of current federal, state and local government programs.
  • Applies expert level technical and administrative knowledge of the rules and regulations in the subject area and defends analyses and recommendations relating to a variety of issues.
  • Communicates industry information regarding more complex or unique issues, and presents specific findings in such situations.
  • Establishes and maintains professional working relationships.
  • Interprets compliance and makes recommendations to management.
  • Documents more complex or unique issues and effectively articulates written conclusions.
  • Interacts with management to plan, negotiate and coordinate complex written findings.
  • Presents oral and written testimony on complex issues.

Problem Solving & Impact:

  • Prepares and analyzes complex technical matters involving existing and emerging issues pertaining to the subject area and makes recommendations from the analysis.
  • Serves as subject matter expert; may lead work teams or others in complex or unique subjects.
  • Recommends and develops regulations, policies, and procedures.
  • Recommends and/or takes corrective action when necessary based on acquired knowledge and observation of best practices.
  • Develops or adapts new processes and procedures based upon changes in laws and regulations or industry practices.
  • Erroneous decisions or failure to achieve objectives would normally have a serious effect upon the administration of the organization.

Supervision Given/Received:

  • Work is performed with minimal direction.
  • Participates in determining objectives of assignment.
  • Plan schedules and arranges own activities in accomplishing objectives.
  • Work is reviewed upon completion for adequacy in meeting objectives.
  • May implement departmental work plans and provide input for performance reviews with the assistance of a higher-level manager.
  • Provides input to management for hiring process based on recruitment and selection policies and procedures.
  • Review and recommend training opportunities for department.
  • May lead and supervise employee growth and development initiatives.

Education: Bachelor's Degree or its International Equivalent.

Experience:

  • 8+ Years of progressively responsible financial analysis and pricing experience in a government contracting environment.
  • Substantial experience using computerized information systems.
  • Demonstrated team leader experience in finance or accounting department preferred.
  • Proficiency in spreadsheet software required.
  • Non-governmental organization (NGO) experience preferred.
  • Some experience in providing written responses and action plans to financial audit findings is preferred.
  • Experience communicating with internal/external auditors is preferred.
  • Must demonstrate excellent analytical and organizational skills.
  • Experience reading Single Audit (OMB A 133) or other financial audit reports desired, not required.

Typical Physical Demands:

  • Typical office environment.
  • Ability to sit and stand for extended periods of time.
  • Ability to lift 5-50 lbs.

Source:https://fhi.wd1.myworkdayjobs.com/en-US/FHI_360_External_Career_Portal/job/Washington-DC/Audit-Analyst-III_Requisition-2019202281


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