Director of District Audits

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 audit s, 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  

• M onitor,  m aintain  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,  insur ance budgets,  and self-insured claims procedures by developing, implementing, and  monitoring  the adjustment of liability, subrogation and lo ss 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 .  

• P erform  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.  

Required Education, Experience and Skills • B achelor’s degree in a related field ; CPA and/or MBA preferred .  

• At least  seven to ten  years of full-time or equivalent part-time, professional experience in accounting or auditing, of which at least  five  years must have been in a supervisory or managerial capacity .    

• Experience coordinating audit activities and knowledge of the principles and practices of auditing.  

• Ability to coordinate the efforts of others in  accomplishing  assigned work objectives  

• Knowledge and experience with Microsoft  365 including  Word, PowerPoint, Excel,  SharePoint , Power BI,  and Access.   

• ERP system knowledge and experience  required  – Microsoft Business Central or equivalent platform preferred.  

• Excellent verbal and written communication skills  with the ability to  write concisely,  to express thoughts clearly and to develop ideas in  logical  sequence .  

• Ability to analyze and  determine  the applicability of reporting  & financial  data, to draw  conclusions  and make  appropriate recommendations .  

• Ability to  maintain   accurate  records and prepare general and financial reports.  

• Ability to work in  deadline -driven environment.

• Superb   technical and  organizational  skills .  

• Ability to work on several different, unrelated tasks at the same time .    

• Ability to work under  the pressure of tight deadlines .  

• Mature interpersonal style; ability to interact calmly  with a diverse range of people .  

• Patience and flexibility to meet demands of a constantly changing schedule .  

• Ability to  maintain  strict confidentiality  and exercise discretion .  

• Ability to  establish  and maintain a harmonious working relationship with  others;  and ability to work independently and in a team setting.  

This job description is intended to be general and will evolve over time.  The description is subject to periodic updating.  At management’s discretion, the employee may be assigned different or additional duties from time to time.