Financial Audit and Compliance Manager

DHRM • Richmond, VA

3d • Hybrid

About The Position

The Department of Medical Assistance Services (DMAS) is offering a competitive opportunity to serve as a Financial Audit and Compliance Manager. This role provides oversight of grant-funded initiatives within Virginia’s Rural Health Transformation Program (RHTP), a significant federal investment aimed at transforming rural healthcare. The incumbent will manage financial audit and compliance activities, including monitoring grant fund usage, assessing financial controls and risks, reviewing financial documentation, and ensuring adherence to federal and state requirements. This is a restricted position funded by federal grant funds, with continued employment contingent on funding availability. The role has in-office requirements for training, meetings, and collaboration.

Requirements

• Considerable experience conducting financial audits and compliance reviews.
• Considerable experience preparing federal financial reports.
• Considerable experience of state and federal policies and requirements governing grant expenditures, financial reporting, documentation, and records retention.
• Considerable experience reviewing and analyzing financial transactions.
• Considerable experience working with complex automated accounting systems.
• Experience meeting deadlines.
• Considerable experience engaging with internal/external stakeholders.
• Considerable experience of Generally Accepted Accounting Principles (GAAP), auditing standards, and financial management practices.
• Considerable experience evaluating financial processes and internal controls.

Responsibilities

• Apply expertise in financial auditing, compliance, accounting, internal controls, and risk management to provide oversight of grant-funded initiatives within Virginia’s Rural Health Transformation Program.
• Have senior-level responsibility for planning, organizing, and administering the RHT Program’s financial audit and compliance activities.
• Monitor the use of grant funds.
• Assess financial controls and risks.
• Review financial documentation and expenditures.
• Ensure compliance with federal and state requirements.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed