The Chief Auditor is responsible for developing, planning and managing Valley Metro's Internal Audit function and ensuring Internal Audit is closely aligned with industry best practices in executing the duties across the agency's business and financial operations. This position works collaboratively with Valley Metro senior management to assist in ensuring there are effective and efficient policies and procedures utilized, and that all staff are complying with Valley Metro policies, procedures, and applicable laws and regulations.
The Chief Auditor reports functionally to the Audit and Finance Subcommittee and administratively to the Chief Executive Officer.
EXAMPLES OF DUTIES / KNOWLEDGE & SKILLS The statements listed below describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this description amended at any time.
Develops and implements audit standards, procedures, and operations; coordinates all business control issues, including but not limited to financial, compliance, programmatic vendor contracts, systems, and operational;
Oversees long-range and short-range complex internal audits and special investigations, develops detailed risk-based audit plans and programs, evaluate the adequacy and effectiveness of internal controls, documents audit procedures, prepares comprehensive written reports, and coordinates corrective actions;
Oversees the execution of individual audits defined in the risk-based audit plan ensuring the highest level of service quality and client satisfaction;
Attracts, hires, and retains high-performing audit professionals who possess outstanding knowledge, experience, ethics, and integrity. Supervises employees to including prioritizing and assigning work; conducting performance evaluations; ensuring staff are trained; and coordinating with human resources in making hiring, termination and disciplinary recommendations;
Coordinates external audit activities with regulatory agencies and other organizations; responds to requests for data by obtaining, evaluating, and presenting data to requesting party; responds to inquiries on data provided;
Performs annual risk assessments, analyzes results, and identifies areas presenting the greatest business risk and exposure to Valley Metro. Develops and implements a risk-based audit plan, which provides coverage of significant risk areas and takes into account the key exposures facing the agency;
Issues audit report findings and recommendations to the appropriate management and the Audit and Finance Subcommittee to facilitate suitable actions for implementing improvements and correcting deficiencies. Ensures reports are clear, concise, identifying root causes with practical solutions, and provide value to management; and monitor and verify corrective actions to deficiencies and report the status of management action plans;
Manages the development and implementation of Internal Audit goals, objectives, policies, and priorities; establishes appropriate services, staffing levels, and resource allocations;
Makes presentations to the Audit and Finance Subcommittee, Chief Executive Officer, Valley Metro management and appropriate government entities regarding independent analyses of internal audit activities and reports containing recommendations for improvement with internal controls;
Proactively informs management about evidence of fraud, conflict of interest, or improprieties within the agency;
Ensures that Internal Audit is performing its work in accordance with established professional standards and remains abreast of emerging trends and best practices that can be incorporated into the function;
Serves as a liaison with internal departments, public agencies, external organizations, the general public, and/or other interested parties;
Participates in/on a variety of meetings, professional organizations, committees, and other related groups;
Performs other duties of similar nature and level as assigned.
Knowledge and Skills: Knowledge of: Generally Accepted Auditing Standards and Governmental Auditing standards; Accounting principles, practices, techniques, and theories of financial reporting and internal control; Strategic Planning and Time Management principles and practices; Budgeting administration controls principles and practices; Funding policies of various government entities; Applicable federal, state, and local laws and regulations; Project management principles; Transit operations; Strategic business planning principles and practices.
Skill in: Building and sustaining a successful internal audit team, which may include co-sourced professionals; Effective communication and human relations skills; Communicating in a concise, professional manner to be effective; Tenacity and ethics; Strategic planning and time management; Critical thinking and analysis; Conducting performance audits and audit research; Analyzing data and making policy recommendations; Developing and monitoring budgets; Effectively evaluate risk, assess sufficiency of controls, identify process improvement opportunities, and effectively communicate with senior management and the Audit and Finance Subcommittee; Responding to changing situations and needs; Interpreting and applying policies, procedures, laws, and regulations; Technology Proficient (excel, word, ability to learn new software).
PHYSICAL DEMANDS / WORK ENVIRONMENT
Physical Demands: Mobility to work in a typical office setting, use standard office equipment, and to drive a motor vehicle in order to visit work sites and attend meetings; vision to read printed materials and a computer screen; and hearing and speech to communicate in person or over the telephone. Work Environment: Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
MINIMUM QUALIFICATIONS & REQUIREMENTS Bachelor's Degree in Accounting, Finance, Business or Public Administration, or a related field and five (5) years of government or public financial and operational internal auditing experience, including three (3) years of supervisory experience; or, an equivalent combination of education and experience sufficient to successfully perform the essential duties such as those listed below. Candidates with Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) designations desirable.
Licenses and Certifications: Positions may require: -- Valid Arizona Driver's License -- Certified Internal Auditor (CIA) -- Certified Public Accountant (CPA)
Background Investigation: Employment is contingent upon the results of a comprehensive education/experience background investigation and a criminal history record check. The background check will also consist of a personal credit history review.
About Valley Metro
Valley Metro Regional Public Transportation Authority RPTA) provides both Bus and Light Rail transportation services for the Phoenix metropolitan area.
Highlights of Valley Metro services include:
*First ever light rail system in Phoenix, Arizona. Began service in 2008.
*Local, Express and RAPID commuter bus service
*Online carpool matching system
*Assistance to local businesses to help them meet the Maricopa County trip reduction goals through alternative modes of transportation (bus, carpool, vanpool, bike, telework, etc.)