Audit Director

Audit•Waterbury, CT

2d•Onsite

About The Position

Under direction of the Finance Audit Review Commission (FARC), administers a city auditing program by planning, supervising and participating in the inspection and audit of the accounts and records of financial transactions as maintained in each department, office or agency of the City.

Requirements

Comprehensive knowledge of auditing procedures and practices.
Knowledge of the theory and practices of accounting and financial reporting, particularly in relation to municipal accounting.
Ability to Audit all departments of the City and issue financial reports using current Governmental Accounting, Auditing and Financial Reporting Principles.
Working knowledge of automated data processing and control techniques.
Considerable ability to read and interpret laws and regulations.
Considerable ability to evaluate and analyze accounting forms, methods and procedures.
Ability to establish and maintain effective working relationships with other City employees.
Ability to analyze accounts and prepare accurate and complete statements and reports of finding.
Ability to supervise and review the work of other accountants and auditors.
Bachelor’s Degree in Accounting from a recognized college or university; or Master’s Degree in Accounting from a recognized college or university.
Licensed as a Certified Public Accountant.
Five years’ experience in municipal accounting, internal auditing or fraud examination auditing including one (1) year of general supervisory experience.

Responsibilities

As Department head shall appoint, hire, supervise, discipline and remove all deputies, assistants and other employees of the Department, subject to consultation with FARC and to the rules and regulations of the Civil Service Commission and collective bargaining agreements, where applicable.
Plans, organizes and supervises the application of audit procedures established by law including City ordinances.
Formulates and applies audit procedures to ascertain the accuracy and efficiency of the municipal accounting system.
Monitors the system of internal controls within individual municipal departments.
Prepares interim and year-end financial reports of the condition of all City funds.
Investigates discrepancies in accounts and failures of accounting and makes recommendations for corrective action.
Makes periodic and special reports to the FARC and recommends solutions to problems.
Maintains close liaison with all City departments as their functions pertain to the financial affairs of the City, to insure that the financial aspects of the City are being conducted in an efficient and proper manner.
Attends all meetings of FARC.
Works with chairman of FARC to develop meeting agendas and distributes all meeting materials to commissioners.
In conjunction with the FARC, prepares annual budget for the Department of Audit.
Performs other related work as required.