Audit Analyst III

  • Mid-level, Full-time staff position
  • Posted on 9 December 2019
  • Washington, D.C., District of Columbia, United States
  • Closing on 8 January 2020
  • Current

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.
Technology to be Used:
  • Personal Computer, Microsoft Office (i.e. Word, Excel, PowerPoint, etc.), e-mail, telephone, printer, calculator, copier, cell phones, PDAs and other hand held devices.
Travel Requirements:
  • Less than 10%

About the Organization

FHI 360 is a nonprofit human development organization dedicated to improving lives in lasting ways by advancing integrated, locally driven solutions. Our staff includes experts in Health, Education, Nutrition, Environment, Economic Development, Civil Society, Gender, Youth, Research and Technology– creating a unique mix of capabilities to address today's interrelated development challenges. FHI 360 serves more than 60 countries, all 50 U.S. states and all U.S. territories.

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