Internal Auditor

SUMMARY:

The Internal Auditor performs complex operational, compliance, and quality assurance audits of contractors having contractual agreements with the Metropolitan Transit System and its related entities ("MTS"). The role involves reviewing MTS operations and records to ensure the adequacy of internal controls, safeguarding of assets, compliance, and quality assurance with MTS policies and procedures, as well as compliance with federal, state, and local agency grant requirements.

EXAMPLE OF DUTIES:

Essential Functions

• Develops an annual audit plan, identifying areas of potential internal control exposure and areas for improving operational efficiency. Participates in various committees related to job function.
• Reviews, analyzes, and evaluates vendor/contractor activities, expenses, products, and reports to ensure delivery of services or materials as specified, compliance and quality assurance with the contract, and validity of changes in the scope of services and amounts.
• Examines departmental records to ensure proper recording of transactions, compliance and quality assurance in accordance with applicable laws.
• Evaluates MTS procedures for evidence of deficiencies in controls, duplication of efforts, fraud, and failure to comply with pertinent laws and government regulations, as well as MTS policies and procedures.
• Performs operational audits throughout MTS to provide management with an objective analysis of activities, prepares internal audit reports, and communicates results of the audits to management. Evaluates the impact on MTS activities and recommends policy and procedural changes.
• Follows up with management on resolution of findings and implementation of recommendations.
• Administers the MTS Fraud, Waste, and Abuse hotline.

Duties May Include, But Are Not Limited To, The Following:

• Perform other tasks and special projects as may be assigned.

QUALIFICATIONS:

Knowledge, Skills, and Abilities

• Knowledge of MTS policies and regulations, as well as union labor contracts; ability to write clearly, and effectively communicate in public settings.
• Ability to coordinate and initiate actions necessary to implement decisions and delegate responsibilities.
• Skill in verifying the accuracy and completeness of forms and reports; knowledge of Microsoft Word and Excel.

Experience/Education/Certificates/License(s)

• An accredited college or university degree in Business, Accounting, Finance or related field with substantial knowledge and ability to perform the job functions. Minimum of two years of full-time professional financial and auditing experience required.
• A CPA or CIA is highly desirable; experience in a governmental or public agency setting is preferred.
• Must possess and maintain a valid California driver’s license.

Physical Requirements

• Must be able to perform physical demands such as lifting up to 10 pounds and may require travel to external agencies.

GENERAL: Must satisfactorily pass all applicable examinations including a pre-employment physical, drug screen, background check, and consumer credit check.