Director of District Audits

Job description

**Title**: Director of District Audits **Department:** Finance **Reports To**: Chief Financial Officer **Grade /****FLSA**: 14 Exempt **Position Summary:** The Director of District Audits is responsible for the development and implementation of MSBA’s capital project audit program, risk assessment and related internal controls. The Director of District Audits manages MSBA’s audit team. In addition, the Director of District Audits plays a critical role in partnering with the Chief Financial Officer to establish and measure the effectiveness of the Audit team’s objectives and milestones, as well as to develop and implement sound financial management practices to ensure the efficiency and integrity of the MSBA’s capital grant program. ### Essential Functions **Capital Pipeline Audits** - Develop and implement audit policies and procedures for capital project audits – both monthly reimbursement requests and final project audits. - Manage the preparation of documentation in support of all project audits, including archiving. - Oversee auditing and reporting of reimbursement requests and close-out audits of all MSBA approved projects. - Collaborate with the Capital Planning department on issues that arise as projects progress through the pipeline. - Work closely with the Capital Planning department to coordinate the close-out audit schedule for all capital projects. - Review capital project audit work in the MSBA’s Progress Payment (ProPay) system. - Contribute to the design, enhancement and troubleshooting of the MSBA ProPay online Request for Reimbursement System. - Oversee internal and external training on ProPay and audit outreach to Districts and their consultants. - Create analytical reports for routine and ad hoc reporting using ERP system, Power BI, and Excel as appropriate. **Risk Assessment and Internal Controls** - Monitor, maintain and make recommendations to the MSBA risk assessment document and related internal control policies to protect the organizational operations in support of the MSBA mission from internal and external threats. - Participate in the documentation of job aids, standard procedures and policies. - Provide oversight, in conjunction with General Counsel and the Director of Administration and Operations, for risk management programs, insurance budgets, and self-insured claims procedures by developing, implementing, and monitoring the adjustment of liability, subrogation and loss mitigation issues. - Manage the MSBA’s capital asset inventory, including the continued development of control policies and practices. **Additional Duties** - Collaborate with the Chief Financial Officer to establish and implement short-and long-range department goals and objectives. - Present project audit information to the MSBA’s Board of Directors and external constituencies as required. - Assist the Chief Financial Officer with ad-hoc projects assigned to audit and finance teams as required. - Attend, and represent Audit, at internal and external meetings, hearings and presentations, as required. - Collaborate with other members of the Finance team to achieve segregation of duties and points of review for critical functions (for example: project reimbursement rates, financial/risk/accounting implications of financing or budget plans). - Participate in MSBA procurements, as required. - Perform other duties as assigned. ### Supervisory Responsibilities - Supervise Audit staff, including managing the development of employee performance objectives and quality review of work product. - Manage members of the MSBA Audit staff, including day-to-day work efforts, training, and performance management. - Manage consultants and outside vendors, as applicable.