Audit Compliance Analyst

State of Maryland•Anne Arundel, MD

2d•Onsite

About The Position

The Audit Finance and Compliance Unit (AFCU) assists agencies with OLA Audit Resolution, follow-up & monitoring of corrective actions, and provide ad hoc audit and consultative support to State agencies. AFCU meets and collaborates regularly with agency staff to discuss corrective actions; to understand programs, processes and procedures; and to ensure corrective actions remain in focus. AFCU also serves as DBM’s Internal Audit Compliance function. The Audit Compliance Analyst will evaluate the adequacy of State agencies' plans to resolve audit findings, monitor the status of corrective actions and audit the implementation of audit recommendations. The Analyst will effectively communicate with agency personnel and legislative auditors to gain accurate understanding of audit issues and the actions being taken to resolve them. The Analyst will evaluate and monitor multiple audit assignments simultaneously, conduct audit testing when appropriate, and prepare reports. This is a Special Appointment position and serves at the pleasure of the Appointing Authority.

Requirements

Bachelor’s degree in Accounting, Business Administration, Finance or related field from an accredited college or university.
At least five (5) years of professional experience in conducting audits, that include elements of finance and compliance, economy and efficiency and program results; including auditing systems, policies, and programs.

Nice To Haves

Three years of experience auditing government or legislative systems, policies, and programs (federal, state or local).
Prior experience working within state government.
Thorough knowledge of accounting and auditing principles and practices and their application to a wide variety of complex auditing problems.
Experience in leading audits and creating audit programs, preparing procedural write-ups, and testing conclusions.

Responsibilities

Reviews Office of Legislative Audit reports, discussion notes, and audit work papers for agencies/programs with repeat or significant findings.
Review agency plans to resolve audit findings and assesses the adequacy of agency plans to satisfactorily resolve findings.
Assists and advises agencies on the adequacy of their plans to resolve findings.
Identifies where planned corrective actions appear inadequate and where areas of disagreement exist.
Highlights for the Compliance Audit Manager, those agencies where planned corrective actions appear inadequate and where areas of disagreement exist (e.g., agency vs. Legislative Audits).
May also hold interviews or discussions with legislative auditors and agency personnel regarding findings and agency action plan.
Monitors overall implementation of agency corrective and ongoing actions to resolve audit findings, through status reports from agency to DBM.
Reports to the Compliance Audit Manager and agency management, on the adequacy of agency actions.
May assist with providing training or working on special audits or reviews.